Ari/Arl Rent And Building Services Extention Agreement

Exhibit 10.52 ARI / ARL RENT AND BUILDING SERVICES
EXTENSION AGREEMENT ARI / ARL RENT AND BUILDING SERVICES EXTENSION AGREEMENT (this " Extension Agreement" ) made this 22nd day of February 2008, between AMERICAN RAILCAR INDUSTRIES, INC., a Delaware corporation (" ARI" ), and AMERICAN RAILCAR LEASING LLC, a Delaware limited liability company (" ARL" ), effective as of December 31, 2007 (the " Effective Date" ).RECITALS WHEREAS, ARI and ARL are parties to that certain Services Agreement dated as of April 1, 2005, as amended June 30, 2005 (the " Transitional Services Agreement" ), pursuant to which among other things ARL agreed to provide ARI the ARL Services (as defined in the Transitional Services Agreement), which included, among other services being provided by ARL to ARI, the Rent and Building Services (as defined in the Transitional Services Agreement); WHEREAS, pursuant to that certain ARI / ARL Services Separation Agreement (the " Separation Agreement" ) by and between ARI and ARL, effective as of December 31, 2006, ARI and ARL agreed, among other things, to terminate upon the terms and conditions stated in the Separation Agreement all of the ARL Services other than the Rent and Building Services; WHEREAS, pursuant to the Transitional Services Agreement, the Term (as defined in the Transitional Services Agreement) of the Rent and Building Services continued until December 31, 2007; WHEREAS, since December 31, 2007 ARL has continued to provide ARI the Rent and Building Services and ARI has continued to pay ARL Fees in consideration thereof; and WHEREAS, each of ARI and ARL desire to evidence in writing the parties' extension of the Term of the Rent and Building Services beyond December 31, 2007; NOW, THEREFORE, in consideration of these premises and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, ARI and ARL agree as follows: 1. Definitions . Unless oth ...