VUC Default Period definition

VUC Default Period means the period from the later of:
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VUC Default Period means the period from the later of: the date on which the New Registered Equipment is first used on the CVL by the Train Operator; or
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Examples of VUC Default Period in a sentence

  • In the case of a supplement to the Track Usage Price List, the supplement shall have retrospective effect from the first day of the VUC Default Period.

Related to VUC Default Period

  • Default Fee means with respect to any amount due and payable by Seller in respect of any Aggregate Unpaids, an amount equal to the greater of (i) $1000 and (ii) interest on any such unpaid Aggregate Unpaids at a rate per annum equal to 2% above the Prime Rate.