Rail properties definition

Rail properties means assets or rights owned, leased, or otherwise controlled by a railroad or other person which are used, or useful, in rail transportation service: Provided, That rail properties do not include any properties owned, leased, or otherwise controlled by a railroad not in reorganization, unless it consents to such properties’ inclusion in the particular transaction.
Rail properties means assets or rights owned, leased, or otherwise controlled by a
Rail properties. ’ means assets or rights owned, leased, or otherwise controlled by a railroad (or a person owned, leased, or other- wise controlled by a railroad) which are used or useful in rail transportation service; except that the term, when used in conjunction with the phrase ‘‘railroads leased, operated, or con- trolled by a railroad in reorganization’’, shall not include assets or rights owned, leased, or otherwise controlled by a Class I railroad which is not wholly owned, operated, or leased by a railroad in reorganization but is con- trolled by a railroad in reorganization;

Examples of Rail properties in a sentence

  • While a broad reform agenda might appear necessary to solve a crisis, it could run into political and constitutional difficulties with existing institutions.

  • There was no recent sale of securities within the past three (3) years, which were not registered under the Securities Regulation Code.

  • Rail properties must notify SSO and FTA when safety events meet particular thresholds.As required by 49 CFR Part 674, the Washington State Rail Safety Oversight Program Standard establishes standards for such notification.

  • Rail properties must have approved plans by July 20, 2020.2Approval of a plan includes assignment of an accountable executive and an adequately trained chief safety officer.

  • Rail properties may also include a section of a railroad or rail transit line.

  • Rail properties should update minimum safety standards based on the results of accident investigations, audits, or if new safety standards arise in the transit industry.

  • Rail properties may also determine that some safety events they reported as accidents later do not to meet the reportable threshold.

  • Rail properties must base minimum safety standards on an all hazards approach for operations, command and control, and maintenance of the rail systems.• Requiring rail properties to develop, document, and administer a process for performing internal safety program audits.• Conducting audits of the rail properties’ safety program at least once every three years.

  • Thresholds for two-hour accident notification to the Federal Transit Administration Rail properties must notify SSO and FTA within two hours of any event classified as an accident.

  • Our firm represents Tara Jijian, Lori Desrochers, and Kaity Timmerman, whose loved ones, Jaime Jijian and Kevin Timmerman, died while working at Canadian Pacific Railway (CP Rail) and Canadian National Railway (CN Rail) properties, respectively.


More Definitions of Rail properties

Rail properties. ’ means assets or rights
Rail properties means infrastructure located within rail ROW that has a demonstrable relationship to the past or current function and operation of a railroad or rail transit system, including but not limited to: rails and tracks, ties, ballast, rail beds, signal and communication systems, switches, overhead catenary systems, signage, traction power substations, passenger stations/depots and associated infrastructure and utilities, freight transfer facilities, boarding areas and platforms, boarding platform shelters and canopies, bridges, culverts, tunnels, retaining walls, ancillary facilities, ventilation structures, equipment maintenance and storage facilities, railyards and rail transit yards, parking lots and parking structures, landscaping, passenger walkways, and security and safety fencing. Rail properties may also include a section of a railroad or rail transit line. The definition does not include properties with no demonstrable relationship to the function and operation of a railroad or rail transit system, such as: adjacent residential, commercial or municipal buildings; or property unrelated to existing or former railroads and rail transit lines that is proposed to be used for new rail infrastructure.
Rail properties. ’ means assets or rights owned, leased, or otherwise controlled by a railroad (or a person owned, leased, or otherwise controlled by a railroad) which are used or
Rail properties means assets or rights owned, leased or
Rail properties means assets or rights owned,

Related to Rail properties

  • Real Property Interests means all interests in real property of whatever nature, including easements, whether as owner or holder of a Security Interest, lessor, sublessor, lessee, sublessee or otherwise.

  • 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.

  • Oil and Gas Properties means (a) Hydrocarbon Interests; (b) the Properties now or hereafter pooled or unitized with Hydrocarbon Interests; (c) all presently existing or future unitization, pooling agreements and declarations of pooled units and the units created thereby (including without limitation all units created under orders, regulations and rules of any Governmental Authority) which may affect all or any portion of the Hydrocarbon Interests; (d) all operating agreements, contracts and other agreements, including production sharing contracts and agreements, which relate to any of the Hydrocarbon Interests or the production, sale, purchase, exchange or processing of Hydrocarbons from or attributable to such Hydrocarbon Interests; (e) all Hydrocarbons in and under and which may be produced and saved or attributable to the Hydrocarbon Interests, including all oil in tanks, and all rents, issues, profits, proceeds, products, revenues and other incomes from or attributable to the Hydrocarbon Interests; (f) all tenements, hereditaments, appurtenances and Properties in any manner appertaining, belonging, affixed or incidental to the Hydrocarbon Interests and (g) all Properties, rights, titles, interests and estates described or referred to above, including any and all Property, real or personal, now owned or hereinafter acquired and situated upon, used, held for use or useful in connection with the operating, working or development of any of such Hydrocarbon Interests or Property (excluding drilling rigs, automotive equipment, rental equipment or other personal Property which may be on such premises for the purpose of drilling a well or for other similar temporary uses) and including any and all oil xxxxx, gas xxxxx, injection xxxxx or other xxxxx, buildings, structures, fuel separators, liquid extraction plants, plant compressors, pumps, pumping units, field gathering systems, tanks and tank batteries, fixtures, valves, fittings, machinery and parts, engines, boilers, meters, apparatus, equipment, appliances, tools, implements, cables, wires, towers, casing, tubing and rods, surface leases, rights-of-way, easements and servitudes together with all additions, substitutions, replacements, accessions and attachments to any and all of the foregoing.

  • Real Property means, collectively, all right, title and interest (including any leasehold, mineral or other estate) in and to any and all parcels of or interests in real property owned or leased by any Person, whether by lease, license or other means, together with, in each case, all easements, hereditaments and appurtenances relating thereto, all improvements and appurtenant fixtures and equipment, all general intangibles and contract rights and other property and rights incidental to the ownership, lease or operation thereof.

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • Title V operating permit means a permit issued under Chapter 3745-77 of the Administrative Code.

  • Owned Properties has the meaning set forth in Section 3.16.

  • Commercial property means property formerly or currently used primarily for business, retail, governmental or professional purposes.

  • Leased Real Property has the meaning set forth in Section 3.18(b).