Shared Assets definition

Shared Assets has the meaning set forth in Section 7.5(a).

Shared Assets means assets used by the Seller Group both for purposes:

Shared Assets means all tracks, lands, easements, rights of way, structures, facilities, appurtenances and rights related thereto, which CRC owns, leases or otherwise has the right to operate over (including those segments over which CRC or an Operator possesses operating rights pursuant to Section 3(c)), and which are used for railway purposes in the Shared Assets Area, including the properties, rights, equipment, inventory and supplies, whether owned or leased, described or referred to in Item 3A of Schedule 1 (including Attachments I and II) of the Transaction Agreement, but excluding Operator's Facilities.

Examples of Shared Assets in a sentence

• The costs of operating the Shared Assets Areas are borne by NSR and CSXT based on usage.

• In addition, NSR and CSXT pay CRC a fee for access to the Shared Assets Areas.

• CRC owns and operates certain properties (the Shared Assets Areas) for the joint and exclusive benefit of NSR and CSX Transportation, Inc.

• Shared Assets Area Operating Agreement for North Jersey, dated as of June 1, 1999, by and among Consolidated Rail Corporation, CSX Transportation, Inc., and Norfolk Southern Railway Company, with exhibit thereto, is incorporated by reference from Exhibit 10.4 to Norfolk Southern Corporation’s Form 10-Q filed on August 11, 1999.

• Shared Assets Area Operating Agreement for North Jersey, dated as of June 1, 1999, by and among Consolidated Rail Corporation, CSX Transportation, Inc., and Norfolk Southern Railway Company, with exhibit thereto, is incorporated herein by reference from Exhibit 10.4 to Norfolk Southern Corporation’s Form 10-Q filed on August 11, 1999.

More Definitions of Shared Assets

Shared Assets means collectively, the Shared Contracts, the Shared Facilities, the Shared Permits and the Shared Real Property Rights.

Shared Assets means any asset (including Intellectual Property) owned by the Service Company or any License Subsidiary.

Shared Assets means the Assets identified on Schedule 2.9(a).

Shared Assets has the meaning given to ‘shared assets’ in the Code.

Shared Assets means any asset owned by, or held for use by, Seller or any of its Affiliates (including the Company or any Company Subsidiary) that is utilized in both the Business, on the one hand, and one or more of the other businesses of Seller and its Affiliates (other than the Company and the Company Subsidiaries), on the other hand.

Shared Assets means Assets or rights and benefits (other than Shared Contracts) used or held for use in both the Separated Businesses and the EnCana Businesses but not including any Assets or rights and benefits which are listed or described in Schedule A (where in Schedule A, a percentage or portion of any Asset or right and benefit is specifically referenced, then such Asset or right and benefit shall be a Shared Asset (Subco’s percentage or portion being the referenced percentage or portion));

Shared Assets means all tangible and intangible assets of the Company that include rights and obligations in connection with both the Existing Systems and the New Systems, including (a) the Shared Facilities, (b) the DPL Agreements, (c) the PJM Agreements, (d) the MOMA, (e) the Site Leases, (f) the Administrative Services Agreement, (g) the Governmental Approvals (other than those exclusively related to either the Existing Systems or the New Systems, if any), and (h) Shared BOF.