Comprehensive Rail Agreement definition
Examples of Comprehensive Rail Agreement in a sentence
However, the Department does not guarantee the completion of any or all of the Planned Improvements, or the start of the Planned Additional Service and the Planned Additional Service may be suspended under the conditions provided in the Comprehensive Rail Agreement.
Service includes the movement of Trains operated at the times, between the mile posts, with the frequencies, and Equipment specified in EXHIBIT B, attached hereto, and the movement of Special Trains allowed pursuant to Section 3.2. Service may be amended at any time by written agreement of the parties, including adding components of the Planned Additional Service when permitted under the Comprehensive Rail Agreement.
The parties acknowledge and agree that the Comprehensive Rail Agreement makes available certain future passenger rail service slots identified in EXHIBIT B (Service Plan), and that the Department has the right to such slots designated for commuter rail service, subject to the Comprehensive Rail Agreement, and the Department will make available to the Commissions under the terms of this Agreement the additional slots identified in EXHIBIT B (Service Plan) for commuter rail service.
The Department retains exclusive authority to approve or reject, in its sole discretion, any proposed modification of the Service (other than the components of the Planned Additional Service to which the Department is entitled under the Comprehensive Rail Agreement and which are identified as being for commuter rail service) or of its scheduled operations.
Upon notice to DRPT, but without the consent or approval of DRPT, this Agreement may be assigned by CSXT in connection with a transaction under Section 14.7 (Companion Agreement – Buckingham Branch Lease Agreement; Segment 3 Easement) of the Comprehensive Rail Agreement or (i) in connection with the sale of all or substantially all of CSXT’s assets, or (ii) in a merger or restructuring event (each a “Permitted Assignment”).
All Disputes arising out of or relating to this Agreement that are not otherwise resolved by the Parties must be resolved in accordance with Article 24 (Dispute Resolution) of the Comprehensive Rail Agreement.
The parties acknowledge that, as the Commonwealth undertakes those Infrastructure Improvements set forth in Exhibit E to the Comprehensive Rail Agreement, the Commissions intend to shift incrementally the primary operation of the Service from CSXT-Dispatched Tracks to Commonwealth-Dispatched Tracks, thereby reducing the total number of train miles of CSXT- Dispatched Tracks used by the Commissions to operate the Service.
All matters between the Parties under this Agreement that implicate the matters contained in Article 18 (Indemnification) of the Comprehensive Rail Agreement shall be resolved in accordance with such Article 18 (Indemnification).
There are hereby incorporated the Indemnification provisions set forth in Article 18 (Indemnification) of the Comprehensive Rail Agreement, as though fully set forth herein.
Railway and the Virginia Department of Passenger Rail Transportation (“DRPT”) have entered into that certain Comprehensive Rail Agreement (the “CRA”) pursuant to which DRPT will purchase from Railway, among other property, a portion of the RF&P Corridor (the portion so purchased, “Segment 1”), subject to a retained, perpetual, exclusive freight easement, governed by the Joint Operating and Maintenance Agreement (“JOMA”).