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Common use of Effect of Suspension Notice served by the CVL IM Clause in Contracts

Effect of Suspension Notice served by the CVL IM. Where the CVL IM has served a Suspension Notice on the Train Operator: (a) the Train Operator shall comply with any reasonable restrictions imposed on it by the Suspension Notice; (b) the Suspension Notice shall remain in full force and effect in accordance with its terms until it has been revoked either in whole or in part by notice from the CVL IM to the Train Operator under paragraph 2.5.4; (c) service of the Suspension Notice shall not affect the Train Operator's continuing obligation to pay the Track Charges; and (d) service of the Suspension Notice shall not affect the Train Operator's rights (as defined in Schedule 5) for the purpose of making a Train Operator Variation Request.

Appears in 5 contracts

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

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Effect of Suspension Notice served by the CVL IM. Where the CVL IM has served a Suspension Notice on the Train Operator: (a) : the Train Operator shall comply with any reasonable restrictions imposed on it by the Suspension Notice; (b) ; the Suspension Notice shall remain in full force and effect in accordance with its terms until it has been revoked either in whole or in part by notice from the CVL IM to the Train Operator under paragraph 2.5.4; (c) ; service of the Suspension Notice shall not affect the Train Operator's continuing obligation to pay the Track Charges; and (d) and service of the Suspension Notice shall not affect the Train Operator's rights (as defined in Schedule 5) for the purpose of making a Train Operator Variation Request.

Appears in 2 contracts

Samples: Track Access Agreement, Track Access Agreement

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