Railtrack definition
Examples of Railtrack in a sentence
The Disputes Resolution Agreement dated 18 February 1999 between the Secretary of State for the Environment, Transport and the Regions; London & Continental Railways Limited; Railtrack Group Plc and others ("Disputes Resolution Agreement").
This clause 3 shall not affect any Claim that Ultramast may have against RTS or RG (or any of their Affiliates) to the extent that such a Claim arises as a result of a breach by Railtrack plc of any agreement between Railtrack plc on the one hand and RTS or RG (or any of their Affiliates) on the other hand, provided that Ultramast undertakes to RTS that, pending Completion, it will not without the prior written consent of RTS take or threaten to take any action in respect of any such Claim.
For these purposes, if Railtrack is deprived of any relief from, or right to repayment of, taxation as a result of the payment to it of any such sum under sub-clause 4.12.1 or under this sub-clause, such deprivation shall be treated, for the purposes of this sub- clause, as a payment of tax of an amount equal to the tax liability that would otherwise have been due in the absence of such relief, or right to repayment of tax, as the case may be.
The Disputes Resolution Agreement dated 18 February 1999 between the Secretary of State for the Environment, Transport and the Regions; London & Continental Railways Limited; Railtrack Group Plc and others ("Disputes Resolution Agreement"), and the agreement under which the Train Operator agreed to become a party to the Disputes Resolution Agreement.
For the avoidance of doubt this provision shall not impose a liability on Railtrack to reimburse BRT in respect of service credits or other damages due to BRT’s customers.