Examples of Other Operating Agreements in a sentence
Other Operating Agreements FEI’s Other Operating Agreements are agreements entered into between FEI and individual municipalities in BC which have been approved by the BCUC in the context of the UCA and, as such, provide some helpful contextual background for the Panel’s consideration of the Cost Allocation Formula in this Reconsideration Final Phase.
Similarly, as there are many alternative recreational destinations within closer travelling distance from Sedgefield, any additional recreational activity is likely to take place at these closer locations such as Hardwick Park.
FEI submits these Other Operating Agreements demonstrate that the City “obtained a favourable cost allocation” in the Original Decision.
The Panel considers that the difference in the purpose of the operating fee between the Surrey Operating Agreement and FEI’s Other Operating Agreements makes the former a more comparable precedent when considering the Cost Allocation Formula.
However, unlike the Surrey Operating Agreement (discussed further below) the Other Operating Agreements appear to provide that the municipalities receive a three percent operating fee from FEI.
As a result, FEI’s Other Operating Agreements are not directly comparable as a precedent for the Cost Allocation Formula.
For these reasons, the Panel gives no weight to FEI’s Other Operating Agreements in considering the Cost Allocation Formula in this Reconsideration Final Phase.
Panel DiscussionThe Panel in this section, considers the weight to be given to FEI’s Other Operating Agreements with municipalities and to the Surrey Operating Agreement.
As used in the Transaction Agreement, the term ‘‘Ancillary Agreements’’ means the Equipment Agreements, the CSXT Operating Agreement, the NSR Operating Agreement, the NYC LLCAgreement, the PRR LLC Agreement, the CRR Holdings LLC Agreement, the Trackage Rights Agreements, the CSXT/NSR Haulage Agreements, the Tax Allocation Agreement, the Shared AssetsAgreements, and the Other Operating Agreements.
As used in the Transaction Agreement, the term "Ancillary Agreements" means the Equipment Agreements, the CSXT Operating Agreement, the NSR Operating Agreement, the NYC LLC Agreement, the PRR LLC Agreement, the CRR Holdings LLC Agreement, the Trackage Rights Agreements, the CSXT/NSR Haulage Agreements, the Tax Allocation Agreement, the Shared Assets Agreements, and the Other Operating Agreements.