Contractor and ACTA acknowledge that the annual Approved Maintenance Plans are intended to provide Sample Clauses

Contractor and ACTA acknowledge that the annual Approved Maintenance Plans are intended to provide for a normalized maintenance and replacement schedule over a period of time that will maintain the Maintained Facilities and all components thereof in the condition required by this Agreement. The maintenance program set forth in the Approved Maintenance Plans shall include the periodic replacement of ties, rail, switches and other components of the Maintained Facilities, to the extent required during the Contract Year, with materials of like quality. Contractor and ACTA further acknowledge that notwithstanding consistent performance of the normalized maintenance and replacement program described above, at some point in the future major portions or components of the Maintained Facilities will need to be replaced. During the term of this Agreement, Contractor shall provide to ACTA (with a copy to the Owner and Railroads) information regarding annual replacement of ties, rail, switches and other components of the Maintained Facilities as part of the Approved Maintenance Plan.
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Related to Contractor and ACTA acknowledge that the annual Approved Maintenance Plans are intended to provide

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