Comprehensive Rail Agreement definition

Comprehensive Rail Agreement. Defined in paragraph B of the Explanatory Statement. Contract Fee: The Track Dispatching and Maintenance Fee plus the Station Lease Payments, payable by the Commissions to the Department. CSXT: Defined in paragraph A of the Explanatory Statement.
Comprehensive Rail Agreement. Defined in paragraph E of the Explanatory Statement. CSXT: Defined in paragraph A of the Explanatory Statement.
Comprehensive Rail Agreement shall have the meaning ascribed in the Recitals. “Corridor” shall mean, collectively, the RF&P Corridor, Segment 2 and Segment 3. “CSXT” shall have the meaning ascribed in the Preamble.

Examples of Comprehensive Rail Agreement in a sentence

  • However, the Department does not guarantee the completion of any or all of the Planned Improvements, or the start of the Planned Additional Service and the Planned Additional Service may be suspended under the conditions provided in the Comprehensive Rail Agreement.

  • The parties acknowledge and agree that the Comprehensive Rail Agreement makes available certain future passenger rail service slots identified in EXHIBIT B (Service Plan), and that the Department has the right to such slots designated for commuter rail service, subject to the Comprehensive Rail Agreement, and the Department will make available to the Commissions under the terms of this Agreement the additional slots identified in EXHIBIT B (Service Plan) for commuter rail service.

  • Service includes the movement of Trains operated at the times, between the mile posts, with the frequencies, and Equipment specified in EXHIBIT B, attached hereto, and the movement of Special Trains allowed pursuant to Section 3.2. Service may be amended at any time by written agreement of the parties, including adding components of the Planned Additional Service when permitted under the Comprehensive Rail Agreement.

  • The Department retains exclusive authority to approve or reject, in its sole discretion, any proposed modification of the Service (other than the components of the Planned Additional Service to which the Department is entitled under the Comprehensive Rail Agreement and which are identified as being for commuter rail service) or of its scheduled operations.

  • Railway and the Virginia Department of Passenger Rail Transportation (“DRPT”) have entered into that certain Comprehensive Rail Agreement (the “CRA”) pursuant to which DRPT will purchase from Railway, among other property, a portion of the RF&P Corridor (the portion so purchased, “Segment 1”), subject to a retained, perpetual, exclusive freight easement, governed by the Joint Operating and Maintenance Agreement (“JOMA”).

  • The Track Dispatching and Maintenance Fee will equal the (i) the amounts charged by CSXT or other contractors to the Department for dispatching and maintenance performed by CSXT or such other contractors on the Virginia-Acquired RF&P Assets within the VRE territory pursuant to the Comprehensive Rail Agreement, minus (ii) any portion of such amounts paid to the Department by NRPC as incremental costs attributable to inter-city passenger rail service over the Virginia Tracks.

  • With respect to the Virginia Tracks, the Department retains exclusive authority to approve or reject, in its sole discretion, any proposed modification of the Service (other than the components of the Planned Additional Service to which the Department is entitled under the Comprehensive Rail Agreement and which are identified as being for commuter rail service) or of its scheduled operations.

  • RESOLUTION Disputes will be resolved in accordance with Article 24 of the Comprehensive Rail Agreement, as if the Commissions were Railroad’s counterparty to that agreement.

  • The additional commuter passenger rail service (i.e., in addition to the Existing Service) to be added to the Service pursuant to the Comprehensive Rail Agreement by the Department and the Commissions incrementally (i) as the Department acquires the Virginia-Acquired RF&P Assets, and (ii) as the Planned Improvements are completed.

  • There are hereby incorporated the Indemnification provisions set forth in Article 18 (Indemnification) of the Comprehensive Rail Agreement, as though fully set forth herein.


More Definitions of Comprehensive Rail Agreement

Comprehensive Rail Agreement means the Comprehensive Rail Agreementbetween the parties dated March 26, 2021.

Related to Comprehensive Rail Agreement

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