Cascaded Rolling Stock definition

Cascaded Rolling Stock has the meaning given to it in paragraph 2.5 of Schedule 2.2 (Security of Access Agreements, Rolling Stock Leases, Station and Depot Leases);

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Cascaded Rolling Stock means rolling stock proposed to be used by the Franchisee in the provision of the Passenger Services the availability of which is, in the opinion of the Secretary of State, directly or indirectly dependent upon the successful introduction into service of any Relevant Rolling Stock by any other Train Operator;

Cascaded Rolling Stock has the meaning given to it in paragraph 3.1 of

Examples of Cascaded Rolling Stock in a sentence

Any such direction may include the Secretary of State requiring the Franchisee to sublease the Cascaded Rolling Stock back to the Prior Train Operator and/or to delay the date on which the Cascaded Rolling Stock is required to be delivered to the Franchisee under such Rolling Stock Lease".
Any such direction may include the Secretary of State requiring the Franchisee to sublease the Cascaded Rolling Stock back to the Prior Train Operator and/or to delay the date on which the Cascaded Rolling Stock is required to be delivered to the Franchisee under such Rolling Stock Lease”.
Cascaded Rolling Stock and Delayed Cascade Mitigation Plan 197 4.
Any such direction may include the Secretary of State requiring the Franchisee to sublease the Cascaded Rolling Stock back to the Prior Train Operator and/or to delay the date on which the Cascaded Rolling Stock is required to be delivered to the Franchisee under such Rolling Stock Lease.

More Definitions of Cascaded Rolling Stock

Cascaded Rolling Stock means rolling stock proposed to be used by the Franchise Operator in the provision of the Passenger Services the availability of which is, in the opinion of the Authority, directly or indirectly dependent upon the successful introduction into service of any Relevant Rolling Stock by any other Train Operator; (II) “Prior Train Operator” means the Train Operator which used or is using the Cascaded Rolling Stock immediately prior to its proposed use by the Franchise Operator; (III) “Relevant Delay” means any delay to the successful introduction into service of any Relevant Rolling Stock; and (IV) “Relevant Rolling Stock” means rolling stock to be acquired by another Train Operator which, when acquired, will initiate the “cascade” of rolling stock that directly or indirectly makes the Cascaded Rolling Stock available for use by the Franchise Operator."

Cascaded Rolling Stock. 16 has the meaning given to it in paragraph 29.1(a) of Part 1 of Appendix 11 (List of