Common use of Train Operator Events of Default Clause in Contracts

Train Operator Events of Default. The following are Train Operator Events of Default: (a) the Train Operator ceases to be authorised to be the operator of trains for the provision of the Services in accordance with Clause 3.2(a); (b) an Insolvency Event occurs in relation to the Train Operator or the Franchisee; (c) (i) any breach by the Train Operator 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

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Train Operator Events of Default. The following are Train Operator Events of Default: (a) the Train Operator ceases to be authorised to be the operator of trains for the provision of the Services in accordance with Clause 3.2(a); (b) an Insolvency Event occurs in relation to the Train Operator or the Franchisee; Operator; (c) (i) any breach by the Train Operator of this contract, its Safety Obligations or any of the Collateral Agreements; or)

Appears in 3 contracts

Samples: Track Access Contract, Track Access Contract, Track Access Contract

Train Operator Events of Default. The following are Train Operator Events of Default: (a) the The Train Operator ceases to be authorised to be the operator of trains for the provision of the Services in accordance with Clause 3.2(a)by a Non-Passenger Train Operator’s Licence granted under section 8 of the Act or a European Freight Licence and a valid Statement of National Regulatory Provisions granted under regulations 6 and 10 respectively of the Railway (Licensing of Railway Undertakings) Regulations 2005, unless it is exempt from the requirement to be so authorised; (b) an Insolvency Event occurs in relation to the Train Operator or the FranchiseeOperator; (c) (i) any breach by the Train Operator of this contract, its Safety Obligations or any of the Collateral Agreements; or

Appears in 3 contracts

Samples: Facility Access Contract, Facility Access Contract, Facility Access Contract

Train Operator Events of Default. The following are Train Operator Events of Default: (a) the Train Operator ceases to be authorised to be the operator of trains for the provision of the Services in accordance with Clause 3.2(a); (b) an Insolvency Event occurs in relation to the Train Operator or the Franchisee; Operator; (c) (i) any breach by the Train Operator of this contract, its Safety Obligations or any of the Collateral Agreements; orc)‌

Appears in 2 contracts

Samples: Track Access Contract, Track Access Contract

Train Operator Events of Default. The following are Train Operator Events of Default: (a) the Train Operator ceases to be authorised to be the operator of trains for the provision of the Services in accordance with Clause 3.2(a);by a licence granted under section 8 of the Act unless it is exempt from the requirement to be so authorised under section 7 of the Act;‌ (b) an Insolvency Event occurs in relation to the Train Operator or the Franchisee;Operator;‌ (c) (i) any breach by the Train Operator of this contract, its Safety Obligations or any of the Collateral Agreements; oror‌

Appears in 1 contract

Samples: Track Access Contract

Train Operator Events of Default. The following are Train Operator Events of Default: (a) the The Train Operator ceases to be authorised to be the operator of trains for the provision of Specified Equipment5, unless it is exempt from the Services in accordance with Clause 3.2(a)requirement to be so authorised; (b) an Insolvency Event occurs in relation to the Train Operator or the FranchiseeOperator; (c) (i) any breach by the Train Operator of this contract, its Safety Obligations or any of the Collateral Agreements; or

Appears in 1 contract

Samples: Facility Track Access Contract

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Train Operator Events of Default. The following are Train Operator Events of Default: (a) the Train Operator ceases to be authorised to be the operator of trains for the provision of the Services in accordance with Clause 3.2(a)by either; (i) a European licence and a statement of national regulatory (ii) a licence granted under section 8 of the Act unless it is exempt from the requirement to be so authorised under section 7 of the Act; (b) an Insolvency Event occurs in relation to the Train Operator or the FranchiseeOperator; (c) (i) any breach by the Train Operator of this contract, its Safety Obligations or any of the Collateral Agreements; or

Appears in 1 contract

Samples: Track Access Contract

Train Operator Events of Default. The following are Train Operator Events of Default: (a) the Train Operator ceases to be authorised to be the operator of trains for the provision of the Services in accordance with Clause 3.2(a);3.2(a);‌ (b) an Insolvency Event occurs in relation to the Train Operator or the Franchisee; (c) (i) any breach by the Train Operator of this contract, its Safety Obligations or any of the Collateral Agreements; orOperator;‌

Appears in 1 contract

Samples: Track Access Contract

Train Operator Events of Default. The following are Train Operator Events of Default: (a) the Train Operator ceases to be authorised to be the operator of trains for the provision of the Services in accordance with Clause clause 3.2(a); (b) an Insolvency Event occurs in relation to the Train Operator or the FranchiseeFranchise Operator; (c) (i) any breach by the Train Operator of this contract, its Safety Obligations or any of the Collateral Agreements; or

Appears in 1 contract

Samples: Track Access Contract

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