Ground Storage Option Sample Clauses

The Ground Storage Option clause grants a party the right to store goods, materials, or equipment on a specified piece of land for a defined period, typically as part of a larger transaction or project. This clause outlines the terms under which storage is permitted, such as the duration, location, and any fees or responsibilities for maintaining the stored items. Its core practical function is to provide flexibility and logistical support by securing temporary storage space, thereby helping parties manage inventory or project materials efficiently and avoid delays due to lack of storage solutions.
Ground Storage Option. 58 31.1. Notification..................................................... 58 31.2. Storage Location................................................. 59 31.3. Storage Prices................................................... 59 31.4. Payments......................................................... 59 31.5. Title and Risk of Loss........................................... 60 31.6. Notification of Intention to Launch a Previously Stored Satellite....................................................... 60 31.7.
Ground Storage Option