Network Rail Event of Default definition

Network Rail Event of Default has the meaning ascribed to it in paragraph 1.3 of Schedule 6;

Network Rail Event of Default has the meaning given to that term in Clause 9.2(C);

Network Rail Event of Default has the meaning ascribed to it in paragraph 1.3 of Schedule 6; "New Working Timetable" has the meaning ascribed to it in Part D of the Network Code; "Non-affected Party" has the meaning ascribed to it in Clause 17.1;

Examples of Network Rail Event of Default in a sentence

• Network Rail shall notify the Train Operator promptly on becoming aware of the occurrence of a Network Rail Event of Default.

• Network Rail shall notify the Freight Customer promptly on becoming aware of the occurrence of a Network Rail Event of Default.

• The Train Operator may serve a Suspension Notice where a Network Rail Event of Default has occurred and is continuing.

• A Suspension Notice served under paragraph 2.4 in respect of any of the Network Rail Events of Default specified in paragraphs 1.3(a), (c) and (d) shall, so far as reasonably practicable, apply only to the: railway vehicles; Services; and categories of train movements or railway vehicles, or parts or part of them, to which the relevant Network Rail Event of Default relates.

• The Train Operator may serve a Termination Notice on Network Rail: where Network Rail fails to comply with its obligations under paragraph 2.5.3; where the Network Rail Event of Default specified in paragraph 1.3(a) has occurred and is continuing; or where the Network Rail Event of Default specified in a Suspension Notice served by the Train Operator is not capable of being remedied and 3 months have elapsed from the service of that Suspension Notice.

• The Freight Customer may serve a Suspension Notice where a Network Rail Event of Default has occurred and is continuing.

• A Suspension Notice served under paragraph 2.4 in respect of any of the Network Rail Events of Default specified in paragraphs 1.3(a), (c) and (d) shall, so far as reasonably practicable, apply only to the: railway vehicles; Services; Routes; and categories of train movements or railway vehicles, (or (as the case may be) parts or part of them) to which the relevant Network Rail Event of Default relates.

• Private landowners, corporations, state or local governments, or other nonfederal landowners who wish to conduct activities that might incidentally "take" fish or wildlife species that are listed as endangered or threatened must first obtain an Incidental Take Permit (ITP or Permit) under Section 10(a)(1)(B) of the Endangered Species Act of 1973, as amended (16U.S.C. § 1531 et seq.), Endangered Species Act (ESA) from the USFWS.

• The Train Operator may serve a Termination Notice on Network Rail: where Network Rail fails to comply with its obligations under paragraph 2.5.3; where the Network Rail Event of Default specified in paragraph 1.3(a) has occurred and is continuing; or where the Network Rail Event of Default specified in a Suspension Notice served by the Train Operator is not capable of being remedied and three months have elapsed from the service of that Suspension Notice.

More Definitions of Network Rail Event of Default

Network Rail Event of Default means the events listed in paragraph 1.3 of Schedule 6 (Events of Default and Termination);

Network Rail Event of Default has the meaning given to that term in Clause 9.2(C); “New Stations” means the stations known as or, at the date of this Agreement intended to be known as, Fellgate, Stadium, Monkwearmouth, Park Lane, University, Millfield, Pallion and South Xxxxxx to be situated on the Route;