Train Operator’s right to terminate. The Train Operator may serve a Termination Notice on RfL(I): (a) where RfL(I) fails to comply with its obligations under paragraph 2.5.3; (b) where the RfL(I) Event of Default specified in paragraph 1.3 (a) has occurred and is continuing; or (c) where the RfL(I) Event of Default specified in a Suspension Notice served by the Train Operator is not capable of being remedied and three months have elapsed from the service of that Suspension Notice.
Appears in 3 contracts
Sources: Track Access Contract, Track Access Contract, Track Access Contract