Rail Delivery Point Sample Clauses
The 'Rail Delivery Point' clause defines the specific location where goods transported by rail are considered delivered from the seller to the buyer. This clause typically identifies a designated rail terminal, siding, or station where the transfer of responsibility, risk, and sometimes ownership occurs. For example, it may specify that delivery is complete once the goods are unloaded at a particular rail yard or when they are made available for collection at a named station. The core function of this clause is to clearly establish the point at which obligations shift between parties, thereby reducing disputes over delivery and risk allocation in rail transport transactions.
Rail Delivery Point. For rail deliveries of coal, Seller shall deliver the coal to Buyer F.O.B. railcar at the Midway Mine rail loading facility (the “Rail Delivery Point”) near ▇▇▇▇▇▇▇, Kentucky on the Paducah and Louisville Railway (the “Rail Transportation Contractor”). Seller may deliver the coal at a mutually-agreeable location different from the Rail Delivery Point. In such case, however, Seller, upon submission by Buyer of appropriate documentation acceptable to Seller, whose acceptance shall not be unreasonably withheld, shall reimburse Buyer for any resulting increases in the cost of transporting the coal to the destination designated by Buyer. Any resulting savings in such transportation costs shall be retained by Buyer. Seller shall carry Railroad Liability coverage equal to or greater than the Commercial General Liability coverage amount stated in Section 12.
Rail Delivery Point. For rail deliveries of coal, Seller shall deliver the coal to Buyer F.O.B. railcar at anyone or each of the following: (a) the Wild Boar Loadout rail loading facility near Lynnville, Indiana on the Indiana Southern Railroad and/or the Norfolk Southern railroad or,