Rail Spur Sample Clauses

A Rail Spur clause defines the terms and conditions related to the construction, use, or maintenance of a rail spur—a short branch line connecting a facility to a main railway. This clause typically outlines responsibilities for building and maintaining the spur, addresses cost allocation, and may specify operational requirements or access rights for both parties. Its core practical function is to ensure clear agreement on how the rail spur will be managed, thereby preventing disputes over access, costs, or maintenance obligations.
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Rail Spur. The Borrower will maintain all of its rights and interest with respect to the Rail Spur. Borrower shall permit no surrender nor assignment of the Borrower’s interest in the Rail Spur and Borrower will not modify or amend the terms of any agreement pertaining to the Rail Spur nor excuse or waive any default thereunder without the prior written consent of Lender.
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Rail Spur. Lessee shall have the right to construct the Rail Interconnection and Rail Spur (as such terms are defined on Exhibit "B") in accordance with Exhibit "B".
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Rail Spur. Lessor makes no representation or warranty to Lessee with respect to the condition, fitness or suitability for Lessee's use of the rail spur adjacent to the Premises. Lessee shall be solely responsible for all costs and expenses incurred in connection with the use, maintenance, repair and operation of the rail spur.
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Rail Spur. If the Building does now or hereafter have access to a railway spur or is now or hereafter served by a railway spur the Tenant shall forthwith execute and deliver any agreements in respect thereof which are required by the railway company or other authority operating the said railway or required by the Landlord, and the Tenant shall observe and perform all terms, conditions, covenants and obligations under the said agreements and any and all requirements whatsoever of the railway company or other authority operating the said railway. The Tenant shall indemnify and save harmless the Landlord from and against any and all loss, cost, expense, damage, claims and liability whatsoever in respect of the use of the railway spur by the Tenant and in respect of the said agreements and all requirements of the railway company or other authority operating the said railway.
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Related to Rail Spur

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