Common use of Transportation Contracts Clause in Contracts

Transportation Contracts. (a) The beginning of the first sentence of Subsection 2.2(c)(iii) of the Transaction Agreement is amended to read as follows: (iii) The following decision rules shall be applied on an annual basis with tentative settlements to the extent required by subsection (c)(ii) on a quarterly basis 90 days after the end of the quarter and an annual true-up 90 days after the end of the year:" (b) Subsection 2.2(c)(iii)(C)(aa)(x) of the Transaction Agreement is hereby amended and restated in its entirety by deleting the existing provision and inserting the following: (x) If the origin station is Local to NSR and the destination station is on the NYC Allocated Assets and Local to CSXT, then the allocation shall be on a joint line basis between NSR and CSXT with the interchange to be negotiated between NSR and CSXT and the revenues to be split based upon an ICC Docket 28300 mileage prorate with a minimum division of 25% to each of NSR and CSXT; and"