Rail Assets definition

Rail Assets means locomotives, railcars, maintenance of way equipment and any leases or lease receivables or accounts or notes receivables related to such property. “Securitization Transaction” means a transfer of Rail Assets on a limited recourse basis, provided, that such sale or other disposition qualifies as a sale under GAAP.
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Rail Assets means locomotives, railcars, maintenance of way equipment and any leases or lease receivables or accounts or notes receivables related to such property.
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Rail Assets means transportation-related assets used for commercial purposes, including, but not limited to, locomotives, railcars, barges, any leases or lease receivables or accounts or notes receivable related to such assets and Property, plant and equipment related to the maintenance, repair, operation and/or management of such transportation-related assets.
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Examples of Rail Assets in a sentence

  • Commtrex will not be responsible for any losses or damages to Rail Assets or any cargo, or any other losses, claims or damages, arising from any Transaction to which you are a party.

  • The methodology specified in Section 5.2, Attribution Of Below Rail Assets To Regions, is to be used to attribute depreciation and amortisation costs into Line Sections, Regions or Network Wide.

  • The consideration for the sale of the Purchased Rail Assets (excluding the shares in the KCRC Subsidiaries) formed part of the upfront payment of HK$4.25 billion.

  • It is also subject to the Bushfire Prone Areas Code, Road and Rail Assets Code, Parking and Access Code and Stormwater Management Code.

  • The Concessionaire shall, on completing the compilation of any one or more list of Catalogued Moveable Rail Assets, promptly furnish such list to Transnet for consideration.

  • Ian Gordon, Team Leader, Rail Assets and Wayne Hastie, General Manager, Public Transport, spoke to the report.

  • The Concessionaire shall be obliged to ensure safe custody of all Retained Moveable Assets, on such terms as may be set out in Schedule 11 Part 1 (Register of Moveable Rail Assets - Agreed Form of Retained Moveable Rail Assets Register).

  • Neither AES NY3 nor Somerset Railroad will incur any Indebtedness without the prior written consent of the Owner Participant except that no such written consent shall be required in respect of (a) the Rail Credit Facility or (b) any operating leases in respect of Rail Assets.

  • In respect of any Moveable Rail Assets which Transnet elects to retain, Transnet shall notify the Concessionaire accordingly and make arrangement for the removal of such asset(s) from its location on the Railway Land or Rail Infrastructure.

  • If any Transnet known Moveable Rail Assets are not removed, or will not be removed from the Railway Land as at the Signature Date, then Transnet shall document such assets ("Retained Moveable Rail Assets") and notify them to the Concessionaire in the manner provided for in Schedule 11 Part 1 (Register of Moveable Rail Assets - Agreed Form of Retained Moveable Rail Assets Register).


More Definitions of Rail Assets

Rail Assets means trains, stations, track (including all structural elements associated with the track), signalling equipment, all cabling, overhead electricity lines, poles and other assets in the Rail Corridor.
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Rail Assets means the assets from time to time of Somerset Railroad.
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Related to Rail Assets

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • General Assets shall have the meaning given it in Section 3.6(a) hereof;

  • Digital Assets means electronic files for which a fee has been paid that are downloaded and stored on home electronic equipment, computers or mobile phones. “Digital assets” does not include downloaded files pertaining to “your” “business”.

  • Physical Assets means equity securities, debt securities, fixed income securities and units in exchanged traded funds.

  • Additional Assets means (1) any property or other assets used or useful in a Similar Business, (2) the Capital Stock of a Person that becomes a Restricted Subsidiary of the Issuer as a result of the acquisition of such Capital Stock by the Issuer or another Restricted Subsidiary or (3) Capital Stock constituting a minority interest in any Person that at such time is a Restricted Subsidiary of the Issuer; provided, however, that any Restricted Subsidiary described in clause (2) or (3) above is engaged in a Similar Business.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Material Assets means with respect to any Person all Material interests in any kind of property or asset, whether real, personal or mixed, or tangible or intangible.

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Pool Assets has the meaning set forth in Section 1.2(d) of the Agreement.

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Excluded Assets has the meaning set forth in Section 2.02.

  • Operating Equipment means furniture, furnishings, special lighting fixtures, carpeting, draperies, decorations or other special finishing work, signs, appliances and trade fixtures and equipment that is furnished, installed or used by the Contractor in its operations on the Airport. It does not include Fixed Improvements, or repair or maintenance of Operating Equipment or Fixed Improvements or displays or decorations that are of a seasonal or temporary promotional nature.

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • Field emission equipment means equipment which uses an x-ray tube in which electron emission from the cathode is due solely to the action of an electric field.

  • Property, Plant and Equipment means any item of real property, or any interest therein, buildings, improvements and machinery.

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Fixed Assets means Equipment and Real Estate.

  • Assets has the meaning set forth in Section 2.1.

  • Midstream Assets means (i) assets used primarily for gathering, transmission, storage, processing or treatment of natural gas, natural gas liquids or other hydrocarbons or carbon dioxide and (ii) equity interests of any Person that has no substantial assets other than assets referred to in clause (i).

  • Transportation equipment means any of the following:

  • Receivables Related Assets means accounts receivable, instruments, chattel paper, obligations, general intangibles and other similar assets, in each case relating to receivables subject to the Permitted Receivables Facility, including interests in merchandise or goods, the sale or lease of which gave rise to such receivables, related contractual rights, guaranties, insurance proceeds, collections and proceeds of all of the foregoing.

  • Underlying Assets With respect to a Loan, any property or other assets designated and pledged as collateral to secure repayment of such Loan, including, without limitation, to the extent provided for in the relevant Underlying Instruments, a pledge of the stock, membership or other ownership interests in the related Obligor and all Proceeds from any sale or other disposition of such property or other assets.

  • Portfolio Assets means all Loan Assets owned by the Borrower, together with all proceeds thereof and other assets or property related thereto, including all right, title and interest of the Borrower in and to: