Great find! Where did you come across this?
No real loop-holes here. A pretty one-sided agreement in favor of the OR&N (but they own the land). They allow the use of their land but have no responsability for damage caused to SVRy equipment on thier track.
Also, the agreement can be terminated on 6-months notice. As we know that never happened.
I love the part where the SVRy will take care of it's 3rd rail!
Martin