Common use of GRANT OF RIGHT; USE AND OPERATION OF THE TRACK Clause in Contracts

GRANT OF RIGHT; USE AND OPERATION OF THE TRACK. A. During the term hereof and subject to the terms and conditions set forth in this Agreement, Railroad hereby grants to Industry the right, at Industry’s sole cost and responsibility, to construct, own, keep, maintain, repair and use Industry’s private section of Track where located on and along Railroad’s right-of-way.

Appears in 4 contracts

Samples: Agreement, Industry Track Contract Articles of Agreement (Lincolnway Energy, LLC), Articles of Agreement (Golden Grain Energy)

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