Common use of Ceasing to be a facility owner Clause in Contracts

Ceasing to be a facility owner. 7.7.1 In this Clause 7.7: (a) a relevant disposal" means the disposal or the creation of any estate, interest, right or title in or to the Station which, whether or not with the passage of time or the giving of notice, may result in another person becoming the facility owner in respect of the Station but does not include the creation of Security over the Station; and

Appears in 15 contracts

Sources: Station Access Agreement, Station Access Agreement, Station Access Agreement