DETROIT. Vendor's Principal Place of Business (State)
DETROIT. This SHARED ASSETS AREA OPERATING AGREEMENT ("Agreement") dated as of June 1, 1999, is by and among Consolidated Rail Corporation ("CRC"), CSX Transportation, Inc. ("CSXT") and Norfolk Southern Railway Company ("NSR").
DETROIT. Dated as of June 1, 1999 By and Among CONSOLIDATED RAIL CORPORATION, CSX TRANSPORTATION, INC. and NORFOLK SOUTHERN RAILWAY COMPANY TABLE OF CONTENTS Page Section 1. Definitions.......................................................1 (a) AAR............................................................1 (b) Accounting Plan................................................1 (c) Action.........................................................2 (d) Adjacent Improvements..........................................2 (e) Bill...........................................................2 (f) Billing Month..................................................2 (g) Board of Managers..............................................2 (h) Budgeted Capital Expenditures..................................2 (i) Capital Expenditure Budget.....................................2 (j) Capital Expenditure Statement..................................2 (k) CRC Administrative Office......................................2 (l) CRC Board......................................................2
DETROIT. The attached maps summarize the CSXT/NS understanding for CR facilities in Detroit, subject to the following: - The NS/CSXT Detroit commercial joint area includes all CR trackage and access rights east of CP-Townline(Michigan Line MP 7.4) and south to and including Trenton (Detroit Line MP 20). - NS will have operating control (dispatching) of CR routes from the south (Toledo, via Ecorse) and west (Kalamazoo, via CR's Junction Yard Branch) into NS's Oakwood Yard. This disposition does not change the boundaries of the NS/CSXT Detroit joint commercial area. - Both CSXT and NS will have rights to run their own trains over the trackage in the NS/CSXT joint commercial area. - Lincoln Yard disposition has not been resolved and will be determined in Definitive Documentation.
DETROIT. All positions working at or out of Detroit, Saginaw, Port Huron, Midland, Flint, Plymouth, north out of Toledo, and points between.
DETROIT. Dated as of June 1, 1999 By and Among CONSOLIDATED RAIL CORPORATION, CSX TRANSPORTATION, INC. and NORFOLK SOUTHERN RAILWAY COMPANY AMENDMENT NO. 2 OF THE SHARED ASSETS AREA OPERATING AGREEMENT FOR DETROIT This AMENDMENT NO. 2 dated as of January 1, 2001 ("Amendment No. 2") OF THE SHARED ASSETS AREA OPERATING AGREEMENT for Detroit ("Agreement") dated as of June 1, 1999, is by and among Consolidated Rail Corporation ("CRC"), CSX Transportation, Inc. ("CSXT") and Norfolk Southern Railway Company ("NSR").
DETROIT. 6661611\10\ “Single-family Loan” means a Mortgage Loan that is secured by a Mortgage covering real property improved by a one-, two-, three- or four-family residence. “SIPA” means the Securities Investors Protection Act of 1970, 15 U.S.C. §78a et. seq., as amended. “Solvent” means, for any Person, that (a) the fair market value of its assets exceeds its liabilities, (b) it has sufficient cash flow to enable it to pay its debts as they mature, and (c) it does not have unreasonably small capital to conduct its business. “Statement Date” means December 31, 2014. “Statement Date Financial Statements” is defined in Section 15.2(f). “Sublimit” means one or more (as the context requires) of the sublimits described in Section 4.2. “Subordination Agreement” means a written subordination agreement in form and substance satisfactory to and approved by the Agent that subordinates (a) all present and future debts and obligations owing by the Seller to the Person signing such subordination agreement to (b) the Obligations, in both right of payment and lien priority, including standstill and blockage provisions approved by the Agent and Required Buyers. “Subservicer” means any entity permitted by the Agent to act as a subservicer of the Servicer (which permission shall not be unreasonably withheld) who shall perform Servicing Functions under a Subservicer Instruction Letter. “Subservicer Instruction Letter” means an instruction letter to a Subservicer in form and substance reasonably agreed to by the Seller and the Agent. “Subsidiary” means any corporation, association or other business entity (including a trust) in which any Person (directly or through one or more other Subsidiaries or other types of intermediaries), owns or controls: (a) more than fifty percent (50%) of the total voting power or shares of stock entitled to vote in the election of its directors, managers or trustees; or (b) more than ninety percent (90%) of the total assets and more than ninety percent (90%) of the total equity through the ownership of capital stock (which may be non-voting) or a similar device or indicia of equity ownership. “Supplemental Papers” means the Loan Papers for a particular Loan other than its Basic Papers. “Swing Line” means the short term revolving discretionary Mortgage Loans purchase facility provided for in Section 2.4 under which Comerica Bank may, in its sole discretion, fund (as “Swing Line Purchases”) purchases of Eligible Loans to bridge the Seller’s daily Transact...
DETROIT. 6661611\10\ The Seller agrees to do such things as applicable law requires to maintain the security interest of the Agent in all of the Purchased Loans with respect to all such Transactions and all Income and proceeds from the Purchased Loans that are the subject matter of such Transactions and all of the other Collateral as a perfected first priority Lien at all times. The Seller hereby authorizes the Agent to file any financing or continuation statements under the applicable UCC to perfect or continue such security interest in any and all applicable filing offices. The Seller shall pay all customary fees and expenses associated with perfecting such security interest including the costs of filing financing and continuation statements under the UCC and recording assignments of Mortgages as and when required by the Agent in its reasonable discretion.
DETROIT. 6661611\10\ (e) As soon as available and in any event within fifteen (15) days after the end of each month, other than each year end month, and within forty-five (45) days after the end of each year end month, a monthly report detailing compliance with the transaction limits and transaction sublimits set forth in Section 4.1 and Section 4.2, in form and detail reasonably satisfactory to Agent.
DETROIT. Medical Center is a non-profit company that owns and operates eight hospitals and fifty outpatient facilities in Detroit. It is Detroit’s largest provider of hospital services to indigent patients, and its largest employer.
