Railroad Line Obligations Sample Clauses

Railroad Line Obligations. Attached as Schedule 5 is a sketch of the current configuration of the railroad lines on the SSI Property and outside the SSI Property that are commonly known as Tracks 1, 1A, 2 and 2A. As of the date hereof, the Owner of the SSI Property assumes all obligations of Declarant accruing after the date of this Declaration, and Declarant assigns all of its rights to the Owner of the SSI Property under the following agreements, as may be modified or amended from time to time, (collectively, the Railroad Agreements ): (i) Agreement dated October 7, 0000, xxxxxxx Xxxxxxxxx, Xxxxxxxxx Terminal Co., Xxxx Oil Terminal Co., and Time Oil Co.; (ii) Rail Service and Maintenance Agreement dated November 21, 1974, between Declarant and Container Corporation of America; (iii) Industrial Trackage Agreement dated February 5, 1975, among Declarant, Time Oil Company, Northwest Terminal Company, Container Corporation of America, Oregon-Washington Railroad & Navigation Company, Union Pacific Railroad Company, Burlington Northern Inc., and Spokane, Portland and Seattle Railway Company; (iv) Agreement dated November 9, 1977, and recorded November 10, 1977 in Book 1220, Page 2129 of the real property records of Multnomah County among Declarant, Palmco Inc., Xxxx Oil Terminal Company, Northwest Terminal Company, and Time Oil Company, excepting the provisions of Section 3.5 relating to the construction of an underground pipeline, the provisions of Section 3.14 relating to the payment of any sums relating to any vessel using the Palmco dock and the provisions of Sections 3.16, 3.19 and 3.20 relating to pro-rata reimbursement to Xxxx Oil Terminal Company for repair or replacement costs for the Palmco Dock (provided, however, Declarant reserves the right to all receive all payments, if any, payable under Sections 2.4 and 2.5 of the Agreement dated November 9, 1977); (v) Railroad Easement Agreement dated September 30, 1990, among Xxxxxx X. Xxxxxxx and Son, Inc., Declarant, and Schnitzer Steel Industries, Inc. and recorded on September 28, 1990, in Book 2347 at Page 2500 of the real property records of Multnomah County (the Ryerson Railroad Easement ); (vi) Railroad Easement Agreement granted by Northwest Terminal Company to Declarant dated, October 7, 1974 and recorded October 10, 1974, in the Official Records of Multnomah County, Oregon in Book 1011, Page 73 (the Parcel V Railroad Easement ); and (vii) Railroad Easement Agreement between Declarant and Ro-Mar Realty of Oregon, Inc. dated ...
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Related to Railroad Line Obligations

  • Guaranty Obligations Unless otherwise specified, the amount of any Guaranty Obligation shall be the lesser of the principal amount of the obligations guaranteed and still outstanding and the maximum amount for which the guaranteeing Person may be liable pursuant to the terms of the instrument embodying such Guaranty Obligation.

  • One Obligation The Loans, LC Obligations and other Obligations shall constitute one general obligation of Borrowers and (unless otherwise expressly provided in any Loan Document) shall be secured by Agent’s Lien upon all Collateral; provided, however, that Agent and each Lender shall be deemed to be a creditor of, and the holder of a separate claim against, each Borrower to the extent of any Obligations jointly or severally owed by such Borrower.

  • Surety Obligations No Borrower or Subsidiary is obligated as surety or indemnitor under any bond or other contract that assures payment or performance of any obligation of any Person, except as permitted hereunder.

  • Indebtedness and Contingent Obligations As of the Closing, the Borrowers shall have no outstanding Indebtedness or Contingent Obligations other than the Obligations or any other Permitted Indebtedness.

  • Existing Indebtedness of the Loan Parties All of the existing Indebtedness for borrowed money of the Borrower and its Subsidiaries (other than Indebtedness permitted to exist pursuant to Section 7.02) shall be repaid in full and all security interests related thereto shall be terminated on or prior to the Closing Date.

  • Indebtedness and Guaranty Obligations Create, incur or assume any Indebtedness or Guaranty Obligation except:

  • Specific Obligations Without limiting the generality of Section 3.1 or the requirements of any other provision of this Agreement, Contractor shall:

  • Overdrafts and Indebtedness The Custodian may, in its sole discretion, advance funds in any currency hereunder. If an overdraft occurs in an Account (including, without limitation, overdrafts incurred in connection with the settlement of securities transactions, funds transfers or foreign exchange transactions) or if the Fund is for any other reason indebted to the Custodian, the Fund agrees to repay the Custodian on demand or upon becoming aware of the amount of the advance, overdraft or indebtedness, plus accrued interest at a rate agreed to in writing from time to time, except that any overdraft resulting from an error by the Custodian shall bear no interest.

  • Guaranty of the Obligations Subject to the provisions of Section 7.2, Guarantors jointly and severally hereby irrevocably and unconditionally guaranty to Administrative Agent for the ratable benefit of the Beneficiaries the due and punctual payment in full of all Obligations when the same shall become due, whether at stated maturity, by required prepayment, declaration, acceleration, demand or otherwise (including amounts that would become due but for the operation of the automatic stay under Section 362(a) of the Bankruptcy Code, 11 U.S.C. § 362(a)) (collectively, the “Guaranteed Obligations”).

  • Supply Obligations Upon Licensor’s request, AbbVie shall either (a) to the extent allowable under such agreements, assign to Licensee or its Affiliates the portion of AbbVie’s agreement(s) with its Third Party manufacturing provider related to the Terminated Antibodies, Terminated Products and placebo used in connection therewith, or alternatively, use Commercially Reasonable Efforts to facilitate Licensor’s entering into a direct supply agreement with such Third Party manufacturing provider of the Terminated Antibodies, Terminated Products and placebo used in connection therewith on comparable terms to those between AbbVie and such Third Party manufacturing provider (in each case assuming AbbVie is then obtaining supply of Terminated Antibodies, Terminated Products or placebo used in connection therewith from a Third Party manufacturing provider) and (b) to the extent AbbVie or its Affiliate is producing its own supply of the Terminated Product, Terminated Antibody or placebo, use Commercially Reasonable Efforts to supply to Licensor the Terminated Antibodies and/or Terminated Products and placebo as requested by Licensor, to the extent reasonably necessary for Licensor’s continued Development and Commercialization of such Terminated Antibodies and/or Terminated Products, until the date on which Licensor notifies AbbVie in writing that Licensor has secured an alternative manufacturer for the Terminated Antibodies and/or Terminated Products, but in no event more for than [***] after the effective date of any expiration or termination of this Agreement. In the case of (b), Licensor shall pay to AbbVie a transfer price for the materials supplied equal to the Manufacturing Cost thereof. Without limiting the foregoing, in either case Licensor shall additionally have the right to immediately have AbbVie commence the transfer of the Manufacturing Process to Licensor or its designee, with such transfer to be carried out in accordance with the terms of Section 3.5.3, applied mutatis mutandis. *** Certain information in this agreement has been omitted and filed separately with the Securities and Exchange Commission. [***] indicates that text has been omitted and is the subject of a confidential treatment request.

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