Railway Contract definition
Railway Contract means a contract with a creditworthy railroad counterparty featuring a term of no less than five years and a minimum occupancy guarantee covering no less than 50% of the room-nights proposed to be available at a Proposed Development Opportunity;
Railway Contract means the agreement to be entered into between ROU and the Railway Contractor in respect of ROU’s obligations in this Agreement in respect of the Railway Project.
Examples of Railway Contract in a sentence
AHIP further agrees to promptly notify the Developer of any negotiations or discussions with a railroad operator that is expected to result in a Railway Contract being agreed in relation to a Suitable Property.