Prohibited Claim. (a) Subject to sub-paragraph (b) hereof, ARTC and the Operator agree that they will not make a Claim against the other if the Claim is a Prohibited Claim. (b) Where, in any Claim Period, the total value of all Prohibited Claims exceeds $250,000.00, then no further Claims arising from Incidents that occur during that Claim Period will be Prohibited Claims.
Appears in 19 contracts
Samples: Track Access Agreement, Track Access Agreement, Operator Sub Agreement
Prohibited Claim. (a) Subject to sub-paragraph (b) hereof), ARTC and the Operator agree that they will not make a Claim against the other if the Claim is a Prohibited Claim.
(b) Where, in any Claim Period, the total value of all Prohibited Claims exceeds $250,000.00, then no further Claims arising from Incidents that occur during that Claim Period will be Prohibited Claims.
Appears in 1 contract
Samples: Track Access Agreement
