Common use of Separate Lease Clause in Contracts

Separate Lease. Lessor and Lessee acknowledge and agree and it is their intent that the cars subject to this Rider may be owned by one or more persons or entities other than Lessor (and that after the date hereof cars may be sold or transferred to one or more other persons or entities pursuant to Article 23 or otherwise), and, accordingly, Lessor and Lessee agree that this Rider shall constitute one or more separate and severable Leases, with each such Lease being comprised of the cars subject hereto that are owned by a single person or entity. Each such Lease shall incorporate the terms of the above referenced Railroad Car Lease Agreement and shall be separate and severable in all respects from each other Lease made pursuant to this Rider and from any other cars or riders relating to the above referenced Railroad Car Lease Agreement, and shall be separately transferable for all purposes Term — The minimum term for the cars leased hereunder shall be ______ months, and the cars shall continue under lease thereafter for successive one (1) month terms, at the same rate and under the same conditions, unless notice, in writing, requesting cancellation shall be given by either party to the other at least thirty (30) days prior to expiration of the initial term or any successive term for cars covered by this Rider. Thereafter, this Rider shall terminate automatically upon the date of release of the last car covered by this Rider. Cancels Rider Number NA By: Vice President, Portfolio Management By: Title: This LEASE AGREEMENT, dated ______________ 20__, (hereinafter called the “Agreement”) by and between TRINITY INDUSTRIES LEASING COMPANY, a Delaware corporation, with its principal office at ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ (hereinafter called “Lessor”) and ___________, a(n) _______________ corporation, with its principal office at________________ (hereinafter called “Lessee”). In consideration of the mutual terms and conditions hereinafter set forth, the parties hereto hereby agree as follows:

Separate Lease. Lessor and Lessee acknowledge and agree and it is their intent that the cars subject to this Rider may be owned by one or more persons or entities other than Lessor (and that after the date hereof cars may be sold or transferred to one or more other persons or entities pursuant to Article 23 or otherwise), and, accordingly, Lessor and Lessee agree that this Rider shall constitute one or more separate and severable Leases, with each such Lease being comprised of the cars subject hereto that are owned by a single person or entity. Each such Lease shall incorporate the terms of the above referenced Railroad Car Lease Agreement and shall be separate and severable in all respects from each other Lease made pursuant to this Rider and from any other cars or riders relating to the above referenced Railroad Car Lease Agreement, and shall be separately transferable for all purposes Term — - The minimum term for the cars leased hereunder shall be ______ months, and the cars shall continue under lease thereafter for successive one (1) month terms, at the same rate and under the same conditions, unless notice, in writing, requesting cancellation shall be given by either party to the other at least thirty (30) days prior to expiration of the initial term or any successive term for cars covered by this Rider. Thereafter, this Rider shall terminate automatically upon the date of release of the last car covered by this Rider. Cancels Rider Number NA By: Vice President, Portfolio Management By: Title: This LEASE AGREEMENT, dated ______________ 20__, (hereinafter called the “Agreement”) by and between TRINITY INDUSTRIES LEASING COMPANY, a Delaware corporation, with its principal office at ▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ (hereinafter called “Lessor”) and ___________, a(n) _______________ corporation, with its principal office at________________ (hereinafter called “Lessee”). In consideration of the mutual terms and conditions hereinafter set forth, the parties hereto hereby agree as follows: