FREIGHT AND CRATE Sample Clauses

FREIGHT AND CRATE. At the expiration of the Facility Site Lease, the Owner Lessor shall have the right to require the Facility Lessee (i) at the Facility Lessee's sole risk and expense, to dismantle the Facility, to remove the dismantled components of the Facility from the Facility Land and to cause such components to be delivered to a railhead or other suitable common carrier or (ii) at the Owner Lessor's risk and expense, to dismantle the Facility and keep and store such components at the Facility Land for a period not to exceed 180 days; PROVIDED, HOWEVER, the Facility Lessee shall not be so required if it has chosen to purchase the Facility from the Owner Lessor at a price equal to the greater of (a) $1.00 and (b) the Fair Market Sales Value thereof (MINUS the estimated costs of such decommissioning, dismantling, removal and shipment and the estimated cost of restoring the Facility Land to its original condition). The Facility Lessee's obligation to dismantle the Facility under this Section 5.4 shall survive the termination of the Facility Lease.
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FREIGHT AND CRATE. For a period of one-hundred eighty (180) days following the expiration, termination or surrender of this Facility Site Lease, the Ground Lessee shall have the right, but not the obligation, to require the Ground Lessor at the Ground Lessor's sole risk and expense, to dismantle, remove and deliver that portion of the Facility comprised of the movable parts f.o.b. to a railroad or other suitable common carrier or, at the Ground Lessee's risk, to keep and store such movable parts on the Facility Land for a period of up to one hundred eighty (180) days following such expiration, termination or surrender. Notwithstanding the foregoing, if the Ground Lessee shall have requested the Ground Lessor to dismantle, remove and deliver such portions of the Facility, the Ground Lessor may avoid dismantling, storing and shipping such parts of the Facility by offering to purchase the Undivided Interest from the Ground Lessee at a price equal to the greater of (a) $1.00 or (b) the Fair Market Sales Value of the Undivided Interest determined in accordance with the Appraisal Procedure (taking into account that the Facility would otherwise be required to be removed from the Facility Site and therefore such value shall be determined after deducting the estimated cost of dismantling, removal and shipment of the movable parts and the cost of restoring the Facility Site to the condition that existed at the end of the Site Sublease Term, ordinary wear and tear excepted). In the event the Ground Lessee rejects the Ground Lessor's offer to purchase the Undivided Interest pursuant to this Section 2.7, the Ground Lessee shall, at its sole risk and expense, promptly after the delivery to the Ground Lessor of notice of such rejection, dismantle and remove the Facility from the Facility Site and the Retained Xxxxxxxxx Land Transmission Line Area and restore the Facility Site and the Retained Xxxxxxxxx Land Transmission Line Area to the condition that existed at the end of the Site Sublease Term, ordinary wear and tear excepted. In lieu of such dismantling, removal and restoration by the Ground Lessee, the Ground Lessee may transfer all of its right, title and interest in and to the Undivided Interest to the Ground Lessor for the consideration of One Dollar ($1.00). Any sales, transfer or similar taxes resulting from the Ground Lessor or its designee so obtaining any interest in any portion of the Facility, whether through deemed or actual conveyance or otherwise, shall be paid by the Grou...

Related to FREIGHT AND CRATE

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  • Freight Upon not less than twenty-four hours prior notice to Landlord, which notice may be oral, an elevator will be made available for Tenant's use for transportation of freight, subject to such scheduling as Landlord in its discretion deems appropriate. Tenant shall not transport freight in loads exceeding the weight limitations of such elevator. Landlord reserves the right to prescribe the weight, size and position of all equipment, materials, furniture or other property brought into the Building, and no property will be received in the Building or carried up or down the freight elevator or stairs except during such hours and along such routes and by such persons as may be designated by Landlord. Landlord reserves the right to require that heavy objects will stand on wood strips of such length and thickness as is necessary to properly distribute the weight. Landlord will not be responsible for loss of or damage to any such property from any cause, and Tenant will be liable for all damage or injuries caused by moving or maintaining such property.

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