Rail Reserve definition

Rail Reserve means that portion of land set aside as the rail reserve in respect of the Permanent Way and for each of the Branch Line stations, as set out in Appendix A (to the Concession Agreement) (Route Plan (Branch Line Route and Branch Line Stations));
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Rail Reserve means such amount as Agent may from time to time establish in its Permitted Discretion as an amount sufficient to offset certain costs of exercising rights and remedies in respect of Inventory of Borrowers located or anticipated to be located on or in railcars from time to time.
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Rail Reserve means the full width of a railway line including stations and signalling and marshalling facilities, and other related facilities;[definition of "rail reserve" substituted by section 1(b) of Act 6 of 2003]
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Examples of Rail Reserve in a sentence

  • The applicant is ordered to conduct a survey to enable it (and the court when the matter is reinstated) to assess the needs and the rights of the persons presently illegally occupying the Rail Reserve and the prospect, if any, of relocating the communities to a safer and healthier site.

  • Table 1Gradient elution programTime (minutes) B% concentration 0101.5305507601080 15 95 The evaluation of the method ability in producing good resolution between the peaks of interest and determining the high repeatability of the solutions was performed by injecting five replicates of freshly prepared FEN solutions at a 50 µg/mL concentration spiked with impurities.

  • Anything to the contrary in this Section 2.1 notwithstanding, Agent shall have the right (but not the obligation), in the exercise of its Permitted Discretion, to establish and increase or decrease Receivable Reserves, Inventory and Fixed Asset Reserves, Bank Product Reserves, the Distilled Spirits Tax Reserve, the Rail Reserve and other Reserves against the Borrowing Base or the Maximum Revolver Amount.

  • It is proposed to set up a Rail Reserve to allow the allocation of additional resource to head up this area.

  • Bridge Tolls is from Regional Measure 1 (RM1) West Bay Rail Reserve.

  • The Public Transport Authority of Western Australia (PTA) advises that, as the proposed works are within 50 metres of the PTA’s Rail Reserve (or the PTA Protect Zone), the owner must seek PTA’s approval for working in close proximity to the operating railway prior to conducting the proposed demolition works.

  • The amount of any Receivable Reserve, Inventory and Fixed Asset Reserve, Bank Product Reserve, the Distilled Spirits Tax Reserve, the Rail Reserve, or any other Reserve established by Agent shall have a reasonable relationship to the event, condition, other circumstance, or fact that is the basis for such reserve and shall not be duplicative of any other reserve established and currently maintained.

  • South of Stirling Terrace and Brunswick Road is a mixture of land use zones, includes Lawley Park (Parks and Recreation Reserve), Rail Reserve, Port Industry and the Waterfront development.Bridges Street is located at the base of the southern face of Corndarup / Mt Clarence and within the central historic town precinct, approximately 600m east of the CBD.

  • Should the land owner or its successor in title wish to erect a physical barrier between the property and the Rail Reserve boundary it shall be at the cost of the land owner or its successor in title.

  • While Station Road is outside the DPO34 area, its relationship to the Mernda Rail Reserve and the Township is important.


More Definitions of Rail Reserve

Rail Reserve means $175,000 or such other amount as the Lender may from time to time establish in its sole but reasonable discretion as an amount sufficient offset certain costs of exercising rights and remedies in respect of Inventory of the Borrower located or anticipated to be located on or in railcars from time to time.
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Rail Reserve means the full width of a railway line as proclaimed or expropriated, including stations and signaling and marshalling facilities, and other related facilities including commercial facilities;
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Rail Reserve means the rail reserve identified as such on plan 10 in Schedule 11 (Site Plans). Receivables has the meaning given to it in the Receivables Purchase Deed. Receivables Purchase Deed means the document entitled ‘Receivables Purchase Deed’ between the State and each Project Entity, dated on or about the date of Financial Close under which the State agrees to assign to Finance Co each Licence Payment payable under the Operating Phase Licence. Receivables Purchase Payment has the meaning given to it in the Receivables Purchase Deed.
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Rail Reserve means the rail reserve identified as such on plan 10 in Schedule 11 (Site Plans). Receivables has the meaning given to it in the Receivables Purchase Deed. Receivables Purchase Deed means the document entitled ‘Receivables Purchase Deed’ between the State and each Project Entity, dated on or about the date of Financial Close under which the State agrees to assign to Finance Co each Licence Payment payable under the Operating Phase Licence. Receivables Purchase Payment has the meaning given to it in the Receivables Purchase Deed. Receivables Purchase Price means the amount payable by Finance Co to the State under the Receivables Purchase Deed as calculated in accordance with that document.
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Rail Reserve means $175,000 or such other amount as the Lender may from time to time establish in its sole but reasonable discretion as an amount sufficient offset certain costs of exercising rights and remedies in respect of Inventory of the Borrower or a Subsidiary located or anticipated to be located on or in railcars from time to time.
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Related to Rail Reserve

  • road reserve ’ means the area contained within the statutory width of a road, and includes roadways, shoulders and sidewalks and the airspace above such roadways, shoulders and sidewalks and all other areas within the road reserve boundary;

  • Mineral Reserve means the economically mineable part of a measured or indicated mineral resource demonstrated by at least a preliminary feasibility study. This study must include adequate information on mining, processing, metallurgical, economic and other relevant factors that demonstrate, at the time of reporting, that economic extraction can be justified. A mineral reserve includes diluting materials and allowances for losses that may occur when the material is mined.

  • Reserve Zone means any of those geographic areas consisting of a combination of one or more Control Zone(s), as designated by the Office of the Interconnection in the PJM Manuals, relevant to provision of, and requirements for, reserve service.

  • Availability Reserve means without duplication, (a) the Rent and Charges Reserve; (b) the Hedge Product Reserve, (c) the Banking Services Reserve; provided that reserves of the type described in this clause (c) shall be instituted only after consultation with the Lead Borrower; (d) the Priority Payable Reserve; (e) the GST, HST Tax Reserve; (f) the Royalty Reserve; and (g) such additional reserves not otherwise addressed in clauses (a) through (f) above, in such amounts and with respect to such matters, as the Administrative Agent in its Permitted Discretion may elect to establish or modify from time to time. Notwithstanding anything to the contrary in this Agreement, (i) such Availability Reserves shall not be established or changed except upon not less than five (5) Business Days’ (or such shorter period as may be agreed by the Lead Borrower) prior written notice to the Lead Borrower, which notice shall include a reasonably detailed description of such applicable Availability Reserve being established (during which period (a) the Administrative Agent shall, if requested, discuss any such Availability Reserve or change with the Lead Borrower and (b) the Lead Borrower may take such action as may be required so that the event, condition or matter that is the basis for such Availability Reserve or change thereto no longer exists or exists in a manner that would result in the establishment of a lower Availability Reserve or result in a lesser change thereto, in a manner and to the extent reasonably satisfactory to the Administrative Agent), (ii) the amount of any Availability Reserve established by the Administrative Agent, and any change in the amount of any Availability Reserve, shall be limited to such Availability Reserve or changes as the Administrative Agent determines in its Permitted Discretion to be necessary (a) to reflect items that could reasonably be expected to adversely affect the value of the applicable Eligible Accounts or Eligible Inventory or (b) to reflect items that could reasonably be expected to adversely affect the enforceability or priority of the Administrative Agent’s Liens on the applicable Collateral, and (iii) the amount of any Availability Reserve established by the Administrative Agent, and any change in the amount of any Availability Reserve, shall have a reasonable relationship to the event, condition or other matter that is the basis for such Availability Reserve, criteria, rate or such change; provided that (x) no Availability Reserves may be established after the Closing Date based on circumstances, contingencies, events, conditions or matters known to the Administrative Agent as of the Closing Date for which no Availability Reserve was imposed on the Closing Date or criteria included in the definitions of Eligible Accounts or Eligible Inventory, in each case, as in effect on the Closing Date, unless such events, conditions or matters have changed in any material adverse respect since the Closing Date, (y) in no event shall any Availability Reserve with respect to any component of the Borrowing Base duplicate any Availability Reserve or adjustment already accounted for in determining eligibility criteria (including collection and/or advance rates) and (z) no Availability Reserve shall be imposed on the first 5% of dilution of Accounts and thereafter no dilution Availability Reserve shall exceed 1% for each incremental whole percentage in dilution over 5% (it being agreed that partial percentage point reserves are permitted (e.g., a reserve for 0.1 percentage points where dilution is 5.1%). Notwithstanding clause (i) of the preceding sentence, changes to the Availability Reserves solely for purposes of correcting mathematical or clerical errors (and such other changes as are otherwise agreed to by the Lead Borrower) shall only be subject to a notice period of one (1) Business Day, it being understood that no Default or Event of Default shall be deemed to result therefrom, if applicable, for a period of five (5) Business Days.

  • Operating Reserve means generation capacity or load reduction capacity which can be called upon on short notice by either Party to replace scheduled energy supply which is unavailable as a result of an unexpected outage or to augment scheduled energy as a result of unexpected demand or other contingencies.

  • Required Reserve means, on any day during a Calculation Period, the product of (a) the greater of (i) the Required Reserve Factor Floor and (ii) the sum of the Loss Reserve, the Yield Reserve, the Dilution Reserve and the Servicing Reserve, times (b) the Net Pool Balance as of the Cut-Off Date immediately preceding such Calculation Period.

  • Proven Mineral Reserve means the economically mineable part of a Measured Mineral Resource. A Proven Mineral Reserve implies a high degree of confidence in the Modifying Factors.

  • Availability Reserves means, without duplication of any other Reserves or items to the extent such items are otherwise addressed or excluded through eligibility criteria, such reserves as Agent from time to time determines in its Permitted Discretion as being appropriate (a) to reflect the impediments to Agent’s ability to realize upon the Collateral, (b) to reflect claims and liabilities that Agent determines in its Permitted Discretion will need to be satisfied in connection with the realization upon the Collateral, (c) to reflect criteria, events, conditions, contingencies or risks which adversely affect any component of the Borrowing Base, or the assets, business, financial performance or financial condition of any Credit Party, or (d) to reflect that a Default or an Event of Default then exists. Without limiting the generality of the foregoing, Availability Reserves may include, in Agent’s Permitted Discretion, (but are not limited to) reserves based on: (i) Rent Reserves; (ii) customs duties, and other costs to release Inventory which is being imported into the United States of America; (iii) outstanding Taxes and other governmental charges, including, without limitation, ad valorem, real estate, personal property, sales, claims of the PBGC and other Taxes which may have priority over the interests of Agent in the Collateral; (iv) salaries, wages and benefits due to employees of any Borrower, (v) Customer Credit Liabilities, (vi) Customer Deposits, (vii) reserves for reasonably anticipated changes in the Appraised Value of Eligible Inventory between appraisals, (viii) warehousemen’s or bailee’s charges and other Permitted Liens which may have priority over the interests of Agent in the Collateral, (ix) amounts due to vendors on account of consigned goods, (x) Cash Management Reserves, (xi) Bank Products Reserves, and (xi) royalties payable in respect of licensed merchandise.

  • Working Capital Reserve shall have the meaning set forth in the Partnership Agreement.

  • Reserve Sub-zone means any of those geographic areas wholly contained within a Reserve Zone, consisting of a combination of a portion of one or more Control Zone(s) as designated by the Office of the Interconnection in the PJM Manuals, relevant to provision of, and requirements for, reserve service.

  • Federal Reserve means the Board of Governors of the Federal Reserve System.