Rolling Stock Lease definition

Rolling Stock Lease means any agreement for the leasing of rolling stock vehicles to which the Franchisee is a party as at the Start Date and any agreement of a similar or equivalent nature (including, any agreement or arrangement for the subleasing, hiring, licensing or other use of rolling stock vehicles) to which the Franchisee is a party from time to time during the Franchise Term whether in addition to, or replacement or substitution for, in whole or in part, any such agreement;
Rolling Stock Lease means any agreement for the leasing of rolling
Rolling Stock Lease means any agreement for the leasing of rolling stock

Examples of Rolling Stock Lease in a sentence

  • Any such direction may include the Secretary of State requiring the Franchisee to sublease the Cascaded Rolling Stock back to the Prior Train Operator and/or to delay the date on which the Cascaded Rolling Stock is required to be delivered to the Franchisee under such Rolling Stock Lease".

  • The appraisal is based on costs for a typical electric train in both options and each train would consist of four vehicles.Table 5.3: Assumed Rolling Stock Lease Costs per Month per Vehicle (2015 prices) Rolling Stock Cost (£)Capital Rental Charge per Vehicle (£)178,840Non-Capital Rental per Vehicle (£)40,880 For the purposes of the appraisal, the rolling stock is assumed to be replaced like- for-like every 30 years (so two orders will be required during the appraisal period).

  • Such submittal shall be made by RPC within seven (7) days after CUMTD has provided RPC with any documents requested by RPC.C. Rolling Stock Lease Agreement.

  • Rolling Stock Lease agreement with Bank of America Leasing & Capital, LLC dated December 22, 2006.

  • Without limiting Paragraph 2 of Schedule 2.2 (Security of Access Agreements, Rolling Stock Leases, Station and Depot Leases) or Schedule 14.3 (Key Contracts), the Franchisee shall, in respect of any Rolling Stock Lease which is to expire at any time during the Franchise Term, not less than one (1) year prior to such expiry date, enter into new Rolling Stock Lease in respect of substitute rolling stock vehicles which meet the requirements of paragraph 3.4 of Schedule 1.1 (Service Development).


More Definitions of Rolling Stock Lease

Rolling Stock Lease means any agreement for the leasing of rolling stock vehicles to which the Franchise Operator is a party as at the Start Date and any agreement of a similar or equivalent nature (including, any agreement or arrangement for the subleasing, hiring, licensing or other use of rolling stock vehicles) to which the Franchise Operator is a party from time to time during the Franchise Term whether in addition to, or replacement or substitution for, in whole or in part, any such agreement provided that the Train Availability and Reliability Agreement shall not be a Rolling Stock Lease for the purposes of the Franchise Agreement; Rolling Stock Related Contract means any Rolling Stock Lease, Maintenance Contract or Technical Support Contract;
Rolling Stock Lease means any agreement for the leasing of rolling stock vehicles to which LNER is a party as at the Service Commencement Date and any agreement of a similar or equivalent nature (including, any agreement or arrangement for the subleasing, hiring, licensing or other use of rolling stock vehicles) to which LNER is a party from time to time during the Service Term whether in addition to, or replacement or substitution for, in whole or in part, any such agreement;
Rolling Stock Lease has the meaning set forth in Section 1.04(q).
Rolling Stock Lease means the rolling stock lease made between DLRL and the Franchisee on or about the date of this Agreement to be in the form set out in Schedule 22;
Rolling Stock Lease means any agreement for the leasing of rolling stock vehicles listed in Train Fleet Table 1 and any agreement of a similar or equivalent nature (including, any agreement or arrangement for the subleasing, hiring, licensing or other use of rolling stock vehicles) to which the Franchisee is a party from time to time during the Franchise Term whether in addition to, or replacement or substitution for, in whole or in part, any such agreement;
Rolling Stock Lease means the lease agreement dated on or about the date hereof and entered into by Operator and the Owner in respect of the Units; S.106 Agreement means the Agreement entered into between Xxxxxxx Borough Council (1) and Network Rail Infrastructure Limited (2) under s.106 of the Town and Country Xxxxxxxx Xxx 0000 relating to land at Three Bridges Crawley annexed at Schedule 17.19; Safety Critical Event means risk to the health and safety of any person(s) or risk of damage or destruction to any property or the risk of an Operational Emergency;
Rolling Stock Lease means the lease agreement dated on or about the date hereof and entered into by Operator and the Owner in respect of the Units;