Common use of Possessions Clause in Contracts

Possessions. (1) contain an entitlement for Network Rail to take an unlimited number of Possessions at times which do not affect the operation of the Services (including outside of the operating day)(all of which may be taken by Network Rail without payment of compensation to Nexus), each for the purpose set out in paragraph (3) below; (2) contain an entitlement for Network Rail to take (without payment of compensation to Nexus) a specified number of Possessions at times which do affect the operation of the Services, each for the purpose set out in paragraph (3); and (3) contain an entitlement for Network Rail to take (subject to the payment of compensation at rates calculated in accordance with the criteria set out below) such Possessions as are required in order to carry out necessary maintenance, repair, renewal and other work to the Network and such as are required for the purpose of enabling Network Rail to discharge its obligations as landlord of any station to inspect, maintain, repair or renew the fabric of that station but not for the development of that station;

Appears in 6 contracts

Samples: Track Access Agreement (Passenger Services), Track Access Agreement, Track Access Agreement (Passenger Services)

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