Common use of Corresponding Rights Clause in Contracts

Corresponding Rights. In relation to any Corresponding Right: (a) any Train Operator Variation Request made under the Previous Access Agreement in relation to a Train Slot in respect of which there is a Corresponding Right shall: (i) cease to have effect under the Previous Access Agreement as from the Transition Date; and (ii) be deemed to have effect under this contract as from the Transition Date; (b) any Train Slot which is the subject of a Train Operator Variation Request referred to in Clause 19.1(a) shall for all purposes be treated as if it had been established in and under this contract and not the Previous Access Agreement; and

Appears in 9 contracts

Samples: Track Access Contract, Track Access Contract, Track Access Contract

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