Network Rail’s right to terminate. (a) the Freight Customer fails to comply with any material restriction in a Suspension Notice; (b) the Freight Customer fails to comply with its obligations under paragraph 2.5.3; (c) [Not used]; or (d) the Freight Customer Event of Default specified in a Suspension Notice served by Network Rail is not capable of being remedied and three months have elapsed from the service of that Suspension Notice.
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Samples: Freight Customer Track Access Contract, Freight Customer Track Access Contract
Network Rail’s right to terminate. Network Rail may serve a Termination Notice on the Freight Customer where:
(a) the Freight Customer fails to comply with any material restriction in a Suspension Notice;
(b) the Freight Customer fails to comply with its obligations under paragraph 2.5.3;
(c) [Not used]; or
(d) the Freight Customer Event of Default specified in a Suspension Notice served by Network Rail is not capable of being remedied and three months have elapsed from the service of that Suspension Notice.
Appears in 1 contract
Network Rail’s right to terminate. Network Rail may serve a Termination Notice on the Freight Customer where:
(a) the Freight Customer fails to comply with any material restriction in a Suspension Notice;
(b) the Freight Customer fails to comply with its obligations under paragraph 2.5.3;
(c) [Not used]; or
(d) the Freight Customer Event of Default specified in a Suspension Notice served by Network Rail is not capable of being remedied and three 3 months have elapsed from the service of that Suspension Notice.
Appears in 1 contract
