Network Rail Events of Default. The following are Network Rail Events of Default: Network Rail ceases to be authorised to be the operator of the Network 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;
Appears in 5 contracts
Samples: Freight Operating Company Customer Track Access Contract, Freight Operating Company Customer Track Access Contract, Freight Customer Track Access Contract
Network Rail Events of Default. The following are Network Rail Events of Default: :
(a) Network Rail ceases to be authorised to be the operator of that part of the Network 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 Network Rail;
(c) (i) any breach by Network Rail of this contract, its Safety Obligations or any of the Collateral Agreements; or
Appears in 4 contracts
Samples: Track Access Contract, Track Access Contract, Track Access Contract
Network Rail Events of Default. The following are Network Rail Events of Default: :
(a) Network Rail ceases to be authorised to be the operator of the Network 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 Network Rail; (c)
Appears in 3 contracts
Samples: Track Access Contract, Track Access Contract, Track Access Contract
Network Rail Events of Default. The following are Network Rail Events of Default: Network Rail ceases to be authorised to be the operator of that part of the Network 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;
Appears in 1 contract
Samples: Track Access Contract
Network Rail Events of Default. The following are Network Rail Events of Default: :
(a) Network Rail ceases to be authorised to be the operator of that part of the Network 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 Network Rail;
Appears in 1 contract
Samples: Track Access Contract
Network Rail Events of Default. The following are Network Rail Events of Default: :
(a) Network Rail ceases to be authorised to be the operator of that part of the Network comprising the Route 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;Act;
(b) an Insolvency Event occurs in relation to Network Rail;
(c) (i) any breach by Network Rail of this contract, its Safety Obligations or any of the Collateral Agreements; or
Appears in 1 contract
Samples: Track Access Contract
Network Rail Events of Default. The following are Network Rail Events of Default: :
(a) Network Rail ceases to be authorised to be the operator of the Network 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 Network Rail; (c)
Appears in 1 contract
Samples: Track Access Contract
