Common use of Conditions precedent to Clause 5 Clause in Contracts

Conditions precedent to Clause 5. This clause refers to ‘the investment conditions laid out in Schedule 13’ being ‘satisfied’. Schedule 13 is currently empty. Network Rail would need to negotiate any proposed contents of Schedule 13 with GNER. That negotiation would be subject to the outcomes of discussions ongoing with GNER regarding the scope of infrastructure investment. All notices should be copied to the Route Managing Director, rather than the Route Director. Network Rail notes that sub paragraph numbering throughout this Schedule 4, in comparison to the Model Contract, appears to have become corrupted. Network Rail notes that a definition of ‘journey time’ has been added to this Schedule

Conditions precedent to Clause 5. This clause refers to ‘the investment conditions laid out in Schedule 13’ being ‘satisfied’. Schedule 13 is currently emptyincomplete. Network Rail would need to negotiate any proposed further contents of Schedule 13 with GNER. That negotiation would be subject to the outcomes of discussions ongoing with GNER regarding the scope of infrastructure investment. All notices should be copied to the Route Managing Director, rather than the Route Director. Network Rail notes that sub paragraph numbering throughout this Schedule 4, in comparison to the Model Contract, appears to have become corrupted. Network Rail notes that a definition of ‘journey time’ has been added to this Schedule