8/19/1981 - Laserfiche WebLink

Home Browse Search

A U G 19 1991 47 22. It is further mutually understood and agreed by and between the parties hereto that Licensee will not perform any work on Railway's property without having a railroad watchman present at all times work, hereunder, is being perform- ed, if one is deemed to he necessary by the Railway's Chief Engineer; further, that Licensee covenants that it will include in any contract which it lets for the whole or any part of the said work to be performed hereunder by or for the Licensee, each and every of the following terms and conditions of the two 2 ) paes hereto.and made a part hereof entitled, "INSURANCE FOR BENEFIT OF FLORIDA EASTched COAST RAILWAY COMPANY TO BE OBTAINED AND KEPT IN FULL FORCE AND EFFECT AT COST OF CONTRACTOR OR LICENSEE," and, "INDE TO CONTRACTUAL LIABILITY ENDORSE•MENTSrfTOTCONTRACTTOR',S PUBLIC A EAST OLIABAST ILTTYAAND OPROPEAND RTY DAMAGE LIABILITY INSURANCE POLICIES DURING SUCH INDEMNITIES." 23. Notwithstanding the term of this License Agremeent and the advance pay- ment of rental therefor, the Railway reserves the right to cancel this License Agree- ment upon thirty -(30) days written notice. That Licensee shall have no expectation of renewal and that the term of this License Agreement is only for the time speci- fied herein, subject always to the termination provisions and regardless of the length of time that Licensee's pipeline may have occupies the licensed property, or the construction of its facilities or personal property placed thereon. 24. Licensee waives and relinquishes any legal rights and monetary claims which it might have for full compensation, or damages of any sort, including but not limited to special damages; severance damages, removal costs or loss of business profits resulting from its this agreement whether such loss of occupancy of the licensed property specified in property is taken by eminent domain proceedings or sold under the threat thereof. Page 5 V 17 LD TO I