Rail Reserve definition
Rail Reserve means such amount as Agent may from time to time establish in its Permitted Discretion as an amount sufficient to offset certain costs of exercising rights and remedies in respect of Inventory of Borrowers located or anticipated to be located on or in railcars from time to time.
Rail Reserve means that portion of land set aside as the rail reserve in respect of the Permanent Way and for each of the Branch Line stations, as set out in Appendix A (to the Concession Agreement) (Route Plan (Branch Line Route and Branch Line Stations));
Rail Reserve means the full width of a railway line including stations and signalling and marshalling facilities, and other related facilities;
Examples of Rail Reserve in a sentence
The amount of any Receivable Reserve, Inventory and Fixed Asset Reserve, Bank Product Reserve, the Distilled Spirits Tax Reserve, the Rail Reserve, or any other Reserve established by Agent shall have a reasonable relationship to the event, condition, other circumstance, or fact that is the basis for such reserve and shall not be duplicative of any other reserve established and currently maintained.
More Definitions of Rail Reserve
Rail Reserve means the full width of a railway line as proclaimed or expropriated, including stations and signalling and marshalling facilities, and other related facilities including commercial facilities;
Rail Reserve means $175,000 or such other amount as the Lender may from time to time establish in its sole but reasonable discretion as an amount sufficient offset certain costs of exercising rights and remedies in respect of Inventory of the Borrower located or anticipated to be located on or in railcars from time to time.
Rail Reserve means $175,000 or such other amount as the Lender may from time to time establish in its sole but reasonable discretion as an amount sufficient offset certain costs of exercising rights and remedies in respect of Inventory of the Borrower or a Subsidiary located or anticipated to be located on or in railcars from time to time.
Rail Reserve means the rail reserve identified as such on plan 10 in Schedule 11 (Site Plans). means the document entitled ‘Receivables Purchase Deed’ between the State and each Project Entity, dated on or about the date of Financial Close under which the State agrees to assign to Finance Co each Licence Payment payable under the Operating Phase Licence. has the meaning given to it in the Receivables Purchase Deed. means the amount payable by Finance Co to the State under the Receivables Purchase Deed as calculated in accordance with that document.
Rail Reserve means the rail reserve identified as such on plan 10 in Schedule 11 (Site Plans). Receivables has the meaning given to it in the Receivables Purchase Deed. Receivables Purchase Deed Receivables Purchase Payment