Freight Business definition

Freight Business means FedEx Corporation’s less-than-truckload freight transportation services business, including FedEx Freight Direct and LTL Select, and other businesses, including FedEx Custom Critical, included in FedEx Corporation’s FedEx Freight reporting segment as of immediately prior to the Consummation of the Freight Separation (which may include certain liabilities of the type and nature included in such reporting segment), together with any ancillary, complementary or related assets held by FedEx Corporation or any of its subsidiaries that are described in the Public Form 10 (giving effect to any transition services agreements or other agreements entered into in connection with the Freight Separation and described therein) or that are otherwise reasonably necessary to effect the Freight Separation, as determined by the Borrower in good faith.
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Freight Business means the business of carrying goods by rail and road and the provision of access to third parties to the Network under the Access Agreements and handling and storing of goods presently carried on by the Commission.
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Examples of Freight Business in a sentence

  • Tenant shall not use the freight elevators during Freight Business Hours for moving out of the Premises.

  • Landlord will make the freight elevator available to Tenant during other than Freight Business Hours, on not less than 24 hours prior request by Tenant (subject to reasonable Building requirements and any prior reservations made by other tenants and occupants of the Building), and Tenant shall pay Landlord’s then-current hourly charge therefor as Additional Rent within thirty (30) days after demand.

  • During the Employment Term (as defined below), Executive will be employed as the Senior Vice President of Freight Business Development of the Company.

  • Landlord will make the freight elevator available to Tenant during other than Freight Business Hours, upon not less than 48 hours prior request by Tenant, and Tenant shall pay as Additional Rent the charge therefor established by Landlord from time to time, payable within ten (10) days of rendition of a bill ▇▇▇refor.

  • If any provision of this Lease is determined to be invalid or unenforceable in whole or in part, such invalidity or unenforceability shall attach only to such provision or part of such provision and the remaining part of such provision and all other provisions of this Lease shall continue in full force and effect.

  • As of the date hereof, Landlord’s current charge for freight elevator service during other than Freight Business Hours is $170.00 per hour, subject to increase to reflect increases in Landlord’s costs of providing such service (including the charges for a hoisting engineer, if required).

  • As of the date hereof, Landlord' s current charge for freight elevator service during other than Freight Business Hours is $99.00/hour, which charge is subject to increase to reflect increases in Landlord's costs of providing such service (including the charges for a hoisting engineer).

  • Landlord will make the freight elevator available to Tenant during other than Freight Business Hours, upon not less than 48 hours prior request by Tenant, and Tenant shall pay as Additional Rent the charge therefor established by Landlord from time to time, payable within ten (10) days of rendition of a ▇▇▇▇ therefor.

  • As of the date hereof, Landlord’s current charge for freight elevator service during other than Freight Business Hours is $115.00/hour, which charge is subject to increase to reflect increases in Landlord’s costs of providing such service (including the charges for a hoisting engineer).

  • As of the date hereof, Landlord's current charge for freight elevator service during other than Freight Business Hours is $115.00 per hour, which charge is subject to increase to reflect increases in Landlord's costs of providing such service (including the charges for a hoisting engineer).