CSXT Operating Agreement definition

CSXT Operating Agreement means the agreement, dated June 1, 1999, between CSXT and NYC providing for the use, operation and maintenance by CSXT of certain assets owned or leased by NYC.

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CSXT Operating Agreement means the agreement to be entered into between CSXT and NYC, substantially in the form attached hereto as Exhibit A-1, to provide for the use, operation and maintenance by CSXT of certain of the NYC Allocated Assets after the Closing Date.

Examples of CSXT Operating Agreement in a sentence

When required by the CSXT Operating Agreement and the NSR Operating Agreement, CSXT and NSR have obtained the consent of NYC and PRR, respectively, for the grant of rights referred to in this Section 3(c).
Notwithstanding any other provision of this Agreement, (1) upon termination of the NSR Operating Agreement, the rights, benefits, duties and obligations running from or to NSR under this Agreement shall run from or to PRR, and (2) upon termination of the CSXT Operating Agreement, the rights, benefits, duties and obligations running from or to CSXT under this Agreement shall run from or to NYC.
The Commissions acknowledge that they have executed the CSXT Operating Agreement and separate agreements with Norfolk Southern Railway and NRPC, which agreements grant the Commissions the right to operate commuter passenger rail service over the lines of each of those railroads.
The commuter passenger rail service operating within the RF&P Corridor by the Commissions under the authority granted by the CSXT Operating Agreement and this Agreement.
Service: The commuter passenger rail service operating within the RF&P Corridor by the Commissions under the authority granted by the CSXT Operating Agreement and this Agreement.

More Definitions of CSXT Operating Agreement

CSXT Operating Agreement has the meaning set forth in the Transaction Agreement.

CSXT Operating Agreement. Defined in paragraph E of the Explanatory Statement. CSXT-Retained RF&P Assets: The portion of the RF&P Corridor that is retained by CSXT, whether owned by CSXT or under its primary control through an agreement with a third party owner other than the Commonwealth, the Department, or an agency, authority, or other instrumentality of the Commonwealth.

CSXT Operating Agreement means the agreement to be entered into between CSXT and NYC, substantially in the form at- tached hereto as Exhibit A-1, to provide for the use, operation and maintenance by CSXT of certain of the NYC Allocated Assets after the Closing Date. "Damages" means all assessments, losses, damages, li- abilities, costs and expenses, including without limitation in- terest, penalties and attorneys' and consultants' fees. "Distribution" means any dividend or other distribution with respect to any shares of capital stock or similar equity interests. "Employee Related Liabilities" means Liabilities to be designated as NYC Allocated Liabilities, PRR Allocated Liabilities or Corporate Level Liabilities pursuant to Article VI. "Environmental Laws" means any and all federal, state, local and foreign statutes, laws, judicial decisions, regula- tions, ordinances, rules, judgments, orders, decrees, codes, plans, injunctions, permits, concessions, grants, franchises, licenses, agreements and governmental restrictions, whether now or hereafter in effect, relating to human health, the environment or to emissions, discharges, or releases of pollutants, contami- nants, hazardous or toxic materials or substances or wastes into the environment, including, without limitation, ambient air, sur- face water, ground water or land, or otherwise relating to the manufacture, processing, distribution, use, treatment, storage, disposal, transport or handling of pollutants, contaminants, haz- ardous or toxic materials or substances or wastes or the cleanup or other remediation thereof. "Environmental Liabilities" means any and all Liabilities arising in connection with or in any way relating to any Asset (or formerly held Asset) and which arise under or relate to matters covered by any Environmental Laws. "Equipment" means all freight car rolling stock, ca- booses, trailers, containers, end of train devices, locomotives and Work Equipment of CRR, CRC or their respective Affiliates, whether owned or leased.