The Train Clause Samples
The Train clause establishes the terms and conditions related to the provision, use, or operation of a train service within an agreement. It typically outlines responsibilities such as scheduling, maintenance, safety requirements, and the allocation of costs or liabilities associated with the train. For example, it may specify who is responsible for ensuring the train is operational, who bears the risk of delays, or how disputes regarding train operations are resolved. The core function of this clause is to ensure clarity and allocate responsibilities between parties regarding the train, thereby minimizing misunderstandings and disputes related to its use or management.
The Train. Service Requirement as at the date of this Agreement is comprised in the following, all in the agreed terms marked as follows:
The Train. Operator Benchmark that shall apply from 1 April in each Financial Year in relation to each Period in that Financial Year shall be the Train Operator Benchmark specified in Appendix 8A as adjusted in accordance with this paragraph 8.
