Conditions precedent to Clause. 5 Clause 5 shall take effect when the following conditions precedent have been satisfied in full:
Conditions precedent to Clause. 5 Clause 5 shall take effect on the later of the Commencement Date and when the following conditions precedent have been satisfied in full:
Conditions precedent to Clause. 5 Clause 5 shall take effect on 9 December 2020 provided that before that date the following conditions precedent have been satisfied in full:
Conditions precedent to Clause. 5 Clause 5 shall take effect when the following conditions precedent have been satisfied in full: to the extent required by the Act and/or the Railways (Licensing of Railway Undertakings) Regulations 2005, the Train Operator is authorised to be the operator of trains for the provision of the Services by: a licence granted under section 8 of the Act; and/or a European licence and corresponding SNRP; Network Rail is authorised by a licence granted under section 8 of the Act to be the operator of that part of the Network comprising the Routes or is exempt from the requirement to be so authorised under section 7 of the Act; each of the Collateral Agreements is executed and delivered by all the parties to each such agreement and is unconditional in all respects (save only for the fulfilment of any condition relating to this contract becoming unconditional); each of the parties has, as necessary, a valid safety certificate or safety authorisation as required by the Railways and Other Guided Transport Systems (Safety) Regulations 2006 and has established and is maintaining a safety management system which meets the requirements of those Regulations; and the provisions of this contract, other than Clause 5, have taken effect in accordance with Clause 3.1.
Conditions precedent to Clause. 5 Clause 5 shall take effect on the later of the Commencement Date and when the following conditions precedent have been satisfied in full: to the extent required by the Act and/or the Licensing Regulations, the Train Operator is authorised to be the operator of trains for the provision of the Services by: a licence granted under section 8 of the Act; and/or a European licence and corresponding SNRP; RfL(I) is authorised by a licence granted under section 8 of the Act to be the operator of that part of the CCOS comprising the Routes or is exempt from the requirement to be so authorised under section 7 of the Act; each of the Collateral Agreements is executed and delivered by all the parties to each such agreement and is unconditional in all respects (save only for the fulfilment of any condition relating to this Contract becoming unconditional); each of the parties has, as necessary, a valid Safety certificate or Safety authorisation as required by the ROGS and has established and is maintaining a safety management system which meets the requirements of those regulations; the provisions of this Contract, other than Clause 5, have taken effect in accordance with Clause 3.1; and the Train Operator has procured and provided to RfL(I) a Performance Bond which meets the requirements of Clause 20.2.
