Rail Lines definition

Rail Lines means the lines of railroad included in the Assets which are owned or operated by Seller.
View Source
Rail Lines means any and all rail lines, rail sidings, spurs and switching yards on the Leased Premises and any additions, substitutions, alterations or replacements thereto.
View Source
Rail Lines means any rail lines or yard property, whether owned and operated by Seller, any of its Affiliates or any third party, regardless of whether such rail line or yard property is located on or adjacent to the Real Property.
View Source

Examples of Rail Lines in a sentence

  • Buyer acknowledges that Seller has provided Buyer with full access to inspect the Rail Lines.

  • Seller shall indemnify, defend, and hold harmless Purchaser from freight loss and damage claims arising from acts or omissions that occur on the Rail Lines on or before the Closing Date.

  • The District is also responsible for maintenance of paver areas that are adjacent to the Metro Rail Lines.

  • Seller is in material compliance with all applicable Environmental Laws with respect to the Assets and the operation of the Rail Lines.

  • Seller intends to assign to APEX Seller's right to receive payment of the purchase price for the Rail Lines, for the purpose of Seller completing a tax-deferred exchange.

  • The recitals and factual statements contained in this Agreement shall be taken as the statements of the Debtors, and the Trustee assumes no responsibility for their correctness.

  • Seller shall pay the amount demanded by any of the Mortgages' Trustees as required to deliver executed releases of the Rail Lines from the liens of the Mortgages within 30 days after the date of Closing.

  • Charges for any switching performed by another railroad on behalf of the owner of the Rail Lines pursuant to agreement or tariff, up to and including Closing Date, will be paid by Seller.

  • Buyer agrees to take title to the Rail Lines subject to all liens and encumbrances on the Rail Lines, except for the liens that would violate one or more of Seller's representations and warranties in Paragraph 4(a) or this Paragraph.

  • Loaded cars at the interchange points or on sidings, which have not moved in linehaul service on the Rail Lines as of 11:59 P.M., Closing Date.


More Definitions of Rail Lines

Rail Lines means the railroad systems of The Long Island Rail Road Company and Metro-North Commuter Railroad Company.
View Source