Common use of Joint Assets Clause in Contracts

Joint Assets. 11.1 The Contracting Parties recognise the existence in selected Contracting Parties of joint assets in use for the operation of the GMS railway network . The specific rules pertaining to ownership and management of such assets are may be defined in a future dedicated Annex to be adopted by the Contracting Parties on in Technical Arrangements between the Contracting Parties jointly owning, operating, maintaining and/or renewing the joint assets.

Appears in 1 contract

Sources: Agreement on the Framework of Cross Border Railway Transport Connectivity

Joint Assets. 11.1 The Contracting Parties recognise the existence in selected Contracting Parties of joint assets in use for the operation of the GMS railway network network. The specific rules pertaining to ownership and management of such assets are may be defined in a future dedicated Annex to be adopted by the Contracting Parties on in Technical Arrangements between the Contracting Parties jointly owning, operating, maintaining and/or renewing the joint assetsPartiesAnnex 7.

Appears in 1 contract

Sources: Framework Agreement