Asset Protection Agreement definition

Asset Protection Agreement means an agreement concerned with matters such as the safe management of the works, the discharge of obligations in relation to the safety of persons on or near the Network, the protection of the operational integrity of train operations and other work being undertaken on the Network, achieving good working practices in order to protect the condition and integrity of the assets and systems that make up the Network, providing a clear definition of roles and responsibilities, and containing authorisations required to undertake the work and (if appropriate) containing a requirement to take any relevant Station and Network assets back into use once the work is complete;
Asset Protection Agreement means an agreement to regulate the construction and maintenance of the specified work in a form prescribed from time to time by Network Rail;
Asset Protection Agreement means the asset protection agreement dated 6 June 2006 and any agreement varying and amending that asset protection agreement made between Network Rail and the Train Operator in relation to the Festiniog Railway flat crossing (also known as the Cae Pawb crossing Porthmadog);

Examples of Asset Protection Agreement in a sentence

  • Network Rail is a Government funded Organisation and we are expected to recover our involvement costs from this type of interface, to proceed in more detail with discussions a signed Basic Asset Protection Agreement (BAPA) would be required to be in place.


More Definitions of Asset Protection Agreement

Asset Protection Agreement means an agreement entered into by the Parties for Works on or adjacent to the Network to be undertaken (or procured) by the Delivery Agent;
Asset Protection Agreement means each asset protection agreement to be entered into between Network Rail and the Manufacturer in respect of the Doncaster Xxxx;
Asset Protection Agreement means an agreement concerned with matters such as the safe management of the works, the discharge of obligations in relation to the safety of
Asset Protection Agreement means an agreement to regulate the construction and maintenance of the specified work in a form prescribed from time to time by Network Rail; "construction" includes execution, placing, alteration and reconstruction and "construct" and "constructed" have corresponding meanings;
Asset Protection Agreement means an agreement to regulate the construction and maintenance of the specified work in a form reasonably prescribed from time to time by Network Rail save for matters concerning requirements imposed by Network Rail in order for Network Rail to comply with its statutory duties, regulatory duties or the terms of its network licence in which case such matters shall be in Network Rail’s absolute discretion and in determining whether or not such matters fall within those constraints Network Rail shall at all times act reasonably;
Asset Protection Agreement means each asset protection agreement to be entered into between Network Rail and the Manufacturer in respect of the APA Depots;
Asset Protection Agreement means the agreement set out in Schedule Part 27 (Asset Protection Agreement and Bridge Agreement);