Examples of New Operator in a sentence
The Access Provider must not grant any New Operator Access Rights to the Rail Network (or sell or grant any lease, proprietary or other interest under which a third party could exercise rights of access, as an operator of rail service vehicles, to the Rail Network) without that New Operator also being bound in all material respects by the Common Access Terms.
If Toll Rail and an Existing Operator or a New Operator cannot reach agreement on any matter connected with clauses 7.1 to 7.3 within a reasonable period of time, either party may refer the matter to expert determination under clause 21.2. The matters that may be referred for dispute include the scope of the facilities or services to be made available by Toll Rail, and the terms on which those facilities and services are provided by Toll Rail.
Toll Rail acknowledges that in order for an Existing Operator or a New Operator to make reasonable use of their Access Rights to any Line Segment, they may need to access Toll Rail (or Toll NZ Group) facilities and services.
Any access rights or services granted by the Access Provider to an Existing Operator or New Operator must be on a non-exclusive basis.
If the Access Provider enters into a New Access Agreement as a result of Toll Rail losing exclusivity under this clause 5, the Access Provider must grant the New Operator access on terms which are no more favourable than those on which access is provided to Toll Rail, having regard to the relative volume and scope of services respectively provided by Toll Rail and the New Operator for the Line Segments in relation to which access is being granted.