Rolling Stock Leases definition
Examples of Rolling Stock Leases in a sentence
Subject to any applicable obligations or restrictions on the Franchisee (including the terms of the Rolling Stock Leases), the Franchisee may apply registered or unregistered trade marks (including company names, livery and other distinctive get-up) to any assets owned or used by it in the operation and provision of the Franchise Services.
The Franchisee is at the Franchise Commencement Date a party to the Rolling Stock Leases in respect of the Train Fleet listed in Table 1 of Appendix 1 (The Train Fleet) to Schedule 1.1 (Service Development) of the Franchise Agreement, such Rolling Stock Leases to be on terms approved by the Authority.
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), SRT shall, in respect of any Rolling Stock Lease which is to expire at any time during the 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).
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).