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2025.10.06 CC Packet
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2025.10.06 CC Packet
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<br />6 <br />Easement Agreement <br /> <br /> <br /> Form 704CM; Rev. 04/20/2023 <br /> <br />materials, or (iii) wastes of any kind, including without limitation those now or hereafter defined, determined, or <br />identified as "hazardous chemicals", "hazardous substances," "hazardous materials," "toxic substances," or <br />"hazardous wastes" in any Environmental Law. <br /> <br />Section 8 Default and Termination. <br /> <br />8.1 Grantor's Performance Rights. If at any time Grantee, or Grantee's Contractors, fails to properly <br />perform its obligations under this Easement Agreement, Grantor, in its sole discretion, may: (i) seek specific <br />performance of the unperformed obligations, or (ii) at Grantee's sole cost, m ay arrange for the performance of <br />such work as Grantor deems necessary for the safety of its rail operations, activities and property, or to avoid or <br />remove any interference with the activities or property of Grantor, or anyone or anything present on the rail corridor <br />or property with the authority or permission of Grantor. Grantee shall promptly reimburse Grantor for all costs of <br />work performed on Grantee's behalf upon receipt of an invoice for such costs. Grantor's fai lure to perform any <br />obligations of Grantee or Grantee's Contractors shall not alter the liability allocation set forth in this Easement <br />Agreement. <br /> <br /> 8.2 Abandonment. Grantor may, at its option, terminate this Easement Agreement by serving five (5) <br />days' notice in writing upon Grantee if Grantee should abandon or cease to use the Premises for the Easement <br />Purpose. Any waiver by Grantor of any default or defaults sha ll not constitute a waiver of the right to terminate <br />this Easement Agreement for any subsequent default or defaults, nor shall any such waiver in any way affect <br />Grantor's ability to enforce any section of this Easement Agreement. <br /> <br /> 8.3 Effect of Termination or Expiration. Neither termination nor expiration will release Grantee from <br />any liability or obligation under this Easement, whether of indemnity or otherwise, resulting from any acts, <br />omissions or events happening prior to the date of termination or expiration, or, if later, the date the Premises are <br />restored as required by Section 9. <br /> <br /> 8.4 Non-exclusive Remedies. The remedies set forth in this Section 8 shall be in addition to, and not <br />in limitation of, any other remedies that Grantor may have under the C&M Agreement, at law or in equity. <br /> <br />Section 9 Surrender of Premises. <br /> <br /> 9.1 Removal of Improvements and Restoration. Upon termination of this Easement Agreement, whether <br />by abandonment of the Easement or by the exercise of Grantor's termination rights hereunder, Grantee shall, at <br />its sole cost and expense, immediately perform the following: <br /> <br />(a) remove all or such portion of Grantee's Improvements and all appurtenances <br />thereto from the Premises, as Grantor directs at Grantor's sole discretion; <br /> <br />(b) repair and restore any damage to the Premises arising from, growing out of, or <br />connected with Grantee's use of the Premises, including, but not limited to, <br />environmental damage; <br /> <br />(c) remedy any unsafe conditions on the Premises created or aggravated by <br />Grantee; and <br /> <br />(d) leave the Premises in the condition which existed as of the Effective Date. <br /> <br /> 9.2 Limited License for Entry. If this Easement Agreement is terminated, Grantor may direct Grantee <br />to undertake one or more of the actions set forth above, at Grantee's sole cost, in which case Grantee shall have
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