Common use of Physical Possession Clause in Contracts

Physical Possession. CSXI will exercise reasonable efforts to give physical possession of Chassis and Containers only to authorized individuals. APL/LTS will provide CSXI's Director of Intermodal Operations with a complete list of all authorized entities prior to the Effective Date. Thereafter APL/LTS shall give CSXI at least five (5) days notice of any change in the identity of authorized entities.