Examples of Trackage Rights Agreements in a sentence
The Domestic Analog: Trackage Rights Agreements The unions also argue that it was not necessary to explicitly include provisions in their labor agreements about run extensions onto other railroads’ tracks because, in the United States, such extensions would require Soo to enter into a trackage rights agreement.
To the actual knowledge of CSXT, the list of Trackage Rights Agreements contained in Exhibit K (Trackage Rights Agreements) are all of the Trackage Rights held by other rail carriers on the property conveyed to DRPT pursuant to the applicable Deed.
Past Practice: Analogy to Trackage Rights Agreements Both parties analogize to “trackage rights agreements,” which are put in place when a U.S. carrier wants to run trains over another U.S. carrier’s tracks.
Under the IHB Management Recommendation, IHB would make annual rental payments of$362,285 to Conrail, $642,700 to NSR, and $341,714 to CSXT.On December 7, 2016, the IHB Board unanimously passed a resolution (“IHB Board Resolution”) approving the IHB Management Recommendation, acknowledging that it was based on “an independent and neutral evaluation reflecting the market rate of rent and market terms and conditions for Trackage Rights Agreements with” the Property Owners.6 IHB Board Resolution at 1.
As used in the Transaction Agreement, the term ‘‘Ancillary Agreements’’ means the Equipment Agreements, the CSXT Operating Agreement, the NSR Operating Agreement, the NYC LLCAgreement, the PRR LLC Agreement, the CRR Holdings LLC Agreement, the Trackage Rights Agreements, the CSXT/NSR Haulage Agreements, the Tax Allocation Agreement, the Shared AssetsAgreements, and the Other Operating Agreements.
As used in the Transaction Agreement, the term "Ancillary Agreements" means the Equipment Agreements, the CSXT Operating Agreement, the NSR Operating Agreement, the NYC LLC Agreement, the PRR LLC Agreement, the CRR Holdings LLC Agreement, the Trackage Rights Agreements, the CSXT/NSR Haulage Agreements, the Tax Allocation Agreement, the Shared Assets Agreements, and the Other Operating Agreements.
As used in the Transaction Agreement, the term “Ancillary Agreements” means theEquipment Agreements, the CSXT Operating Agreement, the NSR Operating Agreement, the NYC LLC Agreement, the PRR LLC Agreement, the CRR Holdings LLC Agreement, the Trackage Rights Agreements, the CSXT/NSR Haulage Agreements, the Tax Allocation Agreement, the Shared Assets Agreements, and the Other Operating Agreements.
Financial Information collected in item 5.4 is used to place the client on the appropriate sliding scale and calculate the client and family financial responsibility.
That HCRRA is ultimately responsible for any common carrier obligation is made manifestly clear by Section 1(b) of the JPA, which provides that “HCRRA is still ultimately responsible to fulfill its Common Carrier Obligation” and administer the TRAs in the event the Council breaches its obligations to secure any third parties as may be necessary.This provision also states HCRRA is “ultimately responsible to fulfill its retained or assumed rights and obligations under the Trackage Rights Agreements .
Consequently, Ohi-Rail and Liberty approached ORDC asking if ORDC would agree to be a party to Rail Service and Trackage Rights Agreements.