Examples of Reserved Services in a sentence
For the avoidance of doubt, it is hereby clarified that MOR shall retain 50% (fifty percent) of the revenue apportionment from freight operations on the Rail System and such amount retained by MOR shall be deemed to be the cost incurred by MOR towards provision of Reserved Services, overhead cost, central charge and all costs incidental thereto.
The Rail System shall enter into commercial service on COD whereupon the MOR shall provide the Reserved Services and make payment of User Fee to the Concessionaire in accordance with this Agreement, provided however, that the entry of Rail System into commercial service shall always be subject to compliance with the provisions of Clause 14.4.
The Rail System shall enter into commercial service on COD whereupon MOR shall provide the Reserved Services and make payment of User Fee to the Concessionaire in accordance with this Agreement, provided however, that the entry of Rail System into commercial service shall always be subject to compliance with the provisions of Clause 14.4.
For the avoidance of doubt, it is hereby clarified that MOR shall retain 50% (fifty percent) of the revenue apportionment from freight operations on the Rail System on account of the cost incurred by MOR towards provision of Reserved Services, overhead cost, central charge and all costs incidental thereto.
Subject to and in accordance with the provisions of this Agreement, the Applicable Laws and the Applicable Permits, MOR hereby grants to the Developer the right, permission and authority to construct, operate and maintain the Rail System, excluding the performance of Reserved Services, and the Developer hereby agrees to implement the Project subject to and in accordance with the terms and conditions set forth herein.