EG3 Right definition
EG3 Right means the right to be granted to the Train Operator under the Contract from the EG3 Phase 1 Effective Date, the Water ▇▇▇▇▇ Effective Date, the Oxford Effective Date or from the first day of the First Reporting Period following the completion of the driver training once the Oxford Works Completion Certificate has been issued (as appropriate) which allows the Train Operator to undertake Actual Proving in relation to EG3 Phase 1 or EG3 Phase 2 (as appropriate), and which is classed as a Firm Right provided the EG3 Phase 1 Conditions Subsequent and the EG3 Phase 2 Conditions Subsequent (as appropriate) are achieved;