Network Rail Event of Default definition

Network Rail Event of Default has the meaning ascribed to it in paragraph 1.3 of Schedule 6;
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Network Rail Event of Default has the meaning given to that term in Clause 9.2(C);
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Network Rail Event of Default has the meaning ascribed to it in paragraph 1.3 of Schedule 6; "New Working Timetable" has the meaning ascribed to it in Part D of the Network Code; "Non-affected Party" has the meaning ascribed to it in Clause 17.1;
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Examples of Network Rail Event of Default in a sentence

  • Network Rail shall notify the Train Operator promptly on becoming aware of the occurrence of a Network Rail Event of Default.

  • Network Rail shall notify the Freight Customer promptly on becoming aware of the occurrence of a Network Rail Event of Default.

  • The Train Operator may serve a Suspension Notice where a Network Rail Event of Default has occurred and is continuing.

  • The Train Operator may serve a Termination Notice on Network Rail: where Network Rail fails to comply with its obligations under paragraph 2.5.3; where the Network Rail Event of Default specified in paragraph 1.3(a) has occurred and is continuing; or where the Network Rail Event of Default specified in a Suspension Notice served by the Train Operator is not capable of being remedied and 3 months have elapsed from the service of that Suspension Notice.

  • A Suspension Notice served under paragraph 2.4 in respect of any of the Network Rail Events of Default specified in paragraphs 1.3(a), (c) and (d) shall, so far as reasonably practicable, apply only to the: railway vehicles; Services; and categories of train movements or railway vehicles, or parts or part of them, to which the relevant Network Rail Event of Default relates.

  • A Suspension Notice served under paragraph 2.4 in respect of any of the Network Rail Events of Default specified in paragraphs 1.3(a), (c) and (d) shall, so far as reasonably practicable, apply only to the: railway vehicles; Services; Routes; and categories of train movements or railway vehicles, (or (as the case may be) parts or part of them) to which the relevant Network Rail Event of Default relates.

  • The Freight Customer may serve a Suspension Notice where a Network Rail Event of Default has occurred and is continuing.

  • Private landowners, corporations, state or local governments, or other nonfederal landowners who wish to conduct activities that might incidentally "take" fish or wildlife species that are listed as endangered or threatened must first obtain an Incidental Take Permit (ITP or Permit) under Section 10(a)(1)(B) of the Endangered Species Act of 1973, as amended (16U.S.C. § 1531 et seq.), Endangered Species Act (ESA) from the USFWS.

  • I had the opportunity to ask questions, and my questions were answered satisfactorily.


More Definitions of Network Rail Event of Default

Network Rail Event of Default means the events listed in paragraph 1.3 of Schedule 6 (Events of Default and Termination);
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Network Rail Event of Default has the meaning given to that term in Clause 9.2(C); “New Stations” means the stations known as or, at the date of this Agreement intended to be known as, Fellgate, Stadium, Monkwearmouth, Park Lane, University, Millfield, Pallion and South Xxxxxx to be situated on the Route;
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Related to Network Rail Event of Default

  • Lease Event of Default shall have the meaning specified in Section 17.1 of the Lease.

  • PTC Event of Default Means any failure to pay within 10 Business Days of the due date thereof: (i) the outstanding Pool Balance on the Final Legal Distribution Date or (ii) interest due on the Certificates on any Distribution Date (unless the Subordination Agent shall have made an Interest Drawing or Drawings (as defined in the Intercreditor Agreement), or a withdrawal or withdrawals pursuant to Section 3.6(f) of the Intercreditor Agreement, with respect thereto in an aggregate amount sufficient to pay such interest and shall have distributed such amount to the Trustee).

  • Event of Default has the meaning specified in Section 8.01.

  • Material Event of Default means the occurrence of an Event of Default (as defined in the Senior Unsecured Loan Agreement) under any of the following sections of the Senior Unsecured Loan Agreement:

  • Triggering Event of Default means (i) any Event of Default with respect to an obligation of the Mortgage Loan Borrower to pay money due under the Mortgage Loan or (ii) any non-monetary Event of Default as a result of which the Mortgage Loan becomes a Specially Serviced Mortgage Loan (which, for clarification, shall not include any imminent Event of Default (i.e., subclause (vii) of the definition of Special Servicing Loan Event)).

  • Loan Event of Default means any of the events specified in Section 5.1 of the Loan Agreement, provided that any requirement for the giving of notice, the lapse of time, or both, or any other condition, event or act has been satisfied.

  • Potential Event of Default means any event which, with the giving of notice or the lapse of time or both, would constitute an Event of Default.

  • Collateral Event of Default has the meaning set forth in Section 13.01(b).

  • Acceleration Event of Default means an Event of Default under Section 5.1(a), (d), (e) or (f), whatever the reason for such Acceleration Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body.

  • Issuer Event of Default means the occurrence of any of the following events:

  • Payment Event of Default means an Event of Default specified in Section 7.1(a).

  • Declaration Event of Default means an “Event of Default” as defined in the Declaration.

  • Senior Event of Default means an Event of Default under a Senior Financing Agreement.

  • Specified Event of Default means any Event of Default under Section 8.01(a), Section 8.01(f) or Section 8.01(g).

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.

  • Bankruptcy Event of Default means any Event of Default under Section 8.01(f) of the Credit Agreement.

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Liquidity Event of Default with respect to any Liquidity Facility, has the meaning assigned to such term in such Liquidity Facility.

  • Potential Issuer Event of Default means any condition, event or act which, with the lapse of time and/or the issue, making or giving of any notice, certification, declaration, demand, determination and/or request and/or the taking of any similar action and/or the fulfilment of any similar condition, would constitute an Issuer Event of Default;

  • Insurance Agreement Event of Default means an "Event of Default" as defined in the Insurance Agreement.

  • Servicer Event of Default One or more of the events described in Section 7.01.

  • Financial Covenant Event of Default has the meaning specified in Section 8.01(b).

  • Major Default means any Event of Default occurring under Sections 4.1(a), 4.1(c), 4.1(l), or 4.1(p) of this Note.

  • Customer Default has the meaning set out in clause 8.3.

  • Mortgage Loan Event of Default means an “Event of Default” under and as defined in the Mortgage Loan Agreement.