(i) Either Party may propose a change to the Service Quality Requirements provided that the proposal is made during the [●] year of the Operating Period and it is done for the purpose of reflecting improvements in railway technology or operational policies or practices (including signaling and communications, and asset management) which are generally regarded by railway operators and regulatory authorities in advanced railway jurisdictions as appropriate for operators to have to make.
(j) If the Agency wishes to change the Service Quality Requirements, the Agency shall submit a notice to the Company specifying the proposed changes to the Service Quality Requirements it proposes and the reasons therefor:
(i) The Company shall respond in writing within [●] Days from receipt of the notice and specify its estimate of the financial consequences of the proposed change, and its estimated impact on the revenues and the ability of the Company to repay amounts outstanding under the Financing Agreements.
(ii) The change shall be made only if (A) the Agency has agreed in writing to bear the financial consequences of the proposed changes to the revenue or the Company's ability to repay amounts outstanding under the Financing Agreements, or both; and (B) the proposed changes do not breach Prudent Utility Practice, Legal Requirements, Consents and other Service requirements under this Agreement.
(k) If the Company wishes to change the Service Level Requirements, the Company shall submit to the Agency a written notice of the proposed changes, reasons therefor, and its estimate of the financial consequences of the proposed change.
(i) The Company shall be entitled to make the proposed changes if such changes (A) do not, or are not likely to, have a material adverse effect on the revenues, or the ability of the Company to repay amounts outstanding under the Financing Agreements [or on the ability of the Agency to repay amounts outstanding under its Financing Agreements]; and (B) do not breach Prudent Utility Practice, Legal Requirements, Consents and other Service requirements under this Agreement.
(ii) The Agency may, by notice to the Company, reject the proposed changes if such changes have, or are likely to have, a material adverse effect on the revenues, or the ability of the Company to repay amounts outstanding under the Financing Agreements [or on the ability of the Agency to repay amounts outstanding under its Financing Agreements].
(l) The Party proposing to change the Service Level Requirements shall send a copy of the notice described in Section 7.4(b) or 7.4(c) to the Independent Verifier at the same time as it sends the proposal to the other Party, and shall ensure that the Independent Verifier receives copies of all other papers and communications in that respect.