CVL IM Events of Default. The following are CVL IM Events of Default: (a) the CVL IM ceases to be authorised to be the operator of the CVL by a licence granted under section 8 of the Act unless exempt from the requirement to be so authorised under section 7 of the Act; (b) an Insolvency Event occurs in relation to the CVL IM; (c)
Appears in 6 contracts
Samples: Track Access Contract, Track Access Contract, Track Access Contract
CVL IM Events of Default. The following are CVL IM Events of Default:
(a) the CVL IM ceases to be authorised to be the operator of the CVL by a licence granted under section 8 of the Act unless exempt from the requirement to be so authorised under section 7 of the Act;
(b) an Insolvency Event occurs in relation to the CVL IM; (c)c)β
Appears in 5 contracts
Samples: Track Access Contract (Freight Services), Track Access Contract, Track Access Contract
CVL IM Events of Default. The following are CVL IM Events of Default:
(a) the CVL IM ceases to be authorised to be the operator of that part of the CVL comprising the Routes by a licence granted under section 8 of the Act unless exempt from the requirement to be so authorised under section 7 of the Act;
(b) an Insolvency Event occurs in relation to the CVL IM; (c);
Appears in 1 contract
Samples: Track Access Contract
CVL IM Events of Default. The following are CVL IM Events of Default:
(a) : the CVL IM ceases to be authorised to be the operator of the CVL by a licence granted under section 8 of the Act unless exempt from the requirement to be so authorised under section 7 of the Act;
(b) an Insolvency Event occurs in relation to the CVL IM; (c)
Appears in 1 contract
Samples: Track Access Contract
