Class I railroad definition
Examples of Class I railroad in a sentence
In the event of an acquisition or merger of UP by another Class I railroad or by UP of another Class I railroad, APL International, APL Co. and/or LTS have the right (1) to refuse its agreement to allow UP to assign this Agreement to the acquiring or merging party(ies) and (2) if UP attempts to assign this Agreement, to terminate this Agreement upon thirty (30) days written notice at any time subsequent to the consummation of the transaction between UP and the other party(ies).
For purposes of this Agreement, the term “Business” means the operation of a Class I railroad in the United States.
For example, with regard to railroad operational matters, arbitrators knowledgeable in Class I railroad operations and rail passenger operations shall be selected.
The challenge was to achieve something that had never been done before: divide a Class I railroad, integrate it effectively, and create a competitively balanced eastern rail system.
For example, with regard to railroad operational matters, an arbitrator knowledgeable in Class I railroad operations and rail passenger operations shall be selected.
For purposes of this Agreement, the phrase “any business which competes with CSX” shall include, but not be limited to any Class I railroad in the United States or Canada and any parent, subsidiary and affiliate of such Class I railroad.
The design will provide the opportunity for mixed- use bicyclist and pedestrian traffic, facilitate downtown business development, while still allowing for the safe operation of a Class I railroad spur that runs through the corridor.
The foregoing Services shall be provided in accordance with FRA Class I railroad track standards or such other FRA standard or USS standard in effect as of the Closing, in each case as may be requested by USS.
Beginning with the reporting period commencing January 1, 2001, and annu- ally thereafter, each Class I railroad shall file Form STB–54, Annual Report of Cars Loaded and Cars Terminated, together with the accompanying cer- tification, with the Office of Econom- ics, Environmental Analysis, and Ad- ministration (OEEAA), Surface Trans- portation Board, ▇▇▇▇▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇, within 90 days after the end of the re- porting year.
This Lease may not be assigned, or in any manner transferred, nor shall the Land be sublet by Lessee, other than to a subsidiary of Lessee, without the advance written consent of Lessor, signed by an authorized officer, which consent shall not be unreasonably withheld, except that if the assignment or sublet involves a Class I railroad or an affiliate thereof, in which case the Lessor may withhold consent in its sole discretion.