Common use of TRACK REMOVAL Clause in Contracts

TRACK REMOVAL. Upon the termination of this Agreement, Railway may discontinue the operation of the Track and remove its property from the premises. Subject to the requirements of Section 6(a), Industry immediately will take up and remove the track materials in that portion of the Industry Segment located upon the Premises. The work of taking up such track materials on the Premises will be done, if Railway elects, by Railway at the sole expense of Industry.

TRACK REMOVAL. Upon the termination of this Agreement, Railway Railroad may discontinue the operation of the Track and remove its property from the premises. Subject to the requirements of Section 6(a7(a), Industry immediately will take up and remove the track materials that it legally owns in that portion of the Industry Segment located upon the Premises. The work of taking up such track materials on the Premises will be done, if Railway Railroad elects, by Railway Railroad at the sole expense of Industry.

TRACK REMOVAL. Upon the termination of this Agreement, Railway Railroad may discontinue the operation of the Track and remove its property from the premises. Subject to the requirements of Section 6(a7 (a), Industry immediately will take up and remove the track materials that it legally owns in that portion of the Industry Segment located upon the Premises. The work of taking up such track materials on the Premises will be done, if Railway Railroad elects, by Railway Railroad at the sole expense of Industry.