Railway Administration. 4 This Schedule shall specify the list of additional assets which the Concessionaire can develop and commercially exploit The Parties agree that the Concessionaire shall be deemed to be a Railway Administration (as defined in the Railways Act, 1989) for the purpose of construction, operation and maintenance of the Rail System, and shall exercise the rights and perform the obligations of the Railway Administration as specified under the provisions of the Railways Act, 1989, however, such rights and functions shall at all times be subject to the provisions of this Agreement.
Appears in 3 contracts
Samples: Model Agreement, Model Agreement, Model Agreement
Railway Administration. 4 This Schedule shall specify the list of additional assets which the Concessionaire can develop and commercially exploit The Parties agree that the Concessionaire shall be deemed to be a Railway Administration (as defined in the Railways Act, 1989) for the purpose of construction, operation and maintenance of the Rail System, and shall exercise the rights and perform the obligations of the Railway Administration as specified under the provisions of the Railways Act, 1989, however, such rights and functions shall functionsshall at all times be subject to the provisions of this Agreement.
Appears in 1 contract
Samples: Model Agreement
