Rail properties definition
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;
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
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
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,