Toll Rail Restructure Sample Clauses

Toll Rail Restructure. (a) TNZ and Toll Rail shall not, for a period of three years from the Completion Date, restructure or reorganise the Toll Rail Group in such a way which might have a material impact on the ability of either TNZ or Toll Rail to perform and observe its obligations, or meet and discharge its liabilities (including contingent liabilities), under this Agreement or clauses 10 and 11 of the Access Agreement, without the prior written consent of the Crown (which consent shall not be unreasonably withheld or delayed).
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