Application of Article VII. Article VII shall not apply to -------------------------- any Allocated Asset after an Event of Loss has occurred with respect to such Allocated Asset; provided, that the foregoing shall not limit the obligations of the Operator under Article VII hereof with respect to any replacement Allocated Asset.
Appears in 2 contracts
Sources: Operating Agreement (CSX Corp), Operating Agreement (CSX Transportation Inc)
Application of Article VII. Article VII shall not apply to -------------------------- any Allocated Asset after an Event of Loss has occurred with respect to such Allocated Asset; provided, that the foregoing shall not limit the obligations of the Operator under Article VII hereof with respect to any replacement Allocated Asset.
Appears in 1 contract