Ground Lease Agreement. The form of the ground lease agreement is attached hereto as Exhibit E (the “Ground Lease Agreement”). No later than ten (10) business days after Tenant provides the Notice of Exercise with respect to a Leased Parcel or Leased Parcels, Landlord and Tenant shall execute the Ground Lease Agreement, including the Memorandum of Lease included therewith, in connection with such Leased Parcel or Leased Parcels. The Parties expressly agree not to renegotiate any term thereunder unless both Parties consent to such renegotiation or change. A failure to timely execute the Ground Lease Agreement is a default under Section 6 of this Option Agreement. Notwithstanding the foregoing, upon exercise of the Option, all of the rights, interests, obligations, conveyances and other terms and covenants of the Ground Lease Agreement shall be immediately effective and binding on the Parties. The priority of the Ground Lease Agreement as against other recorded encumbrances on the Leasable Property shall relate back to the Effective Date of the Memorandum of Option Agreement.
Ground Lease Agreement. 48 16.5 Transfers of Part of the Bayway Refinery..............................48 16.6
Ground Lease Agreement. No assignment of this Agreement by BRC or Cogen shall operate to relieve BRC or Cogen of any of their obligations under the Ground Lease Agreement, including without limitation any environmental obligations and obligations with respect to the New Jersey Environmental Cleanup Responsibility Act, N.J.
Ground Lease Agreement. No assignment of this Agreement by Exxon or Cogen shall operate to relieve Exxon or Cogen of any of their obligations under the Ground Lease Agreement, including without limitation any environmental obligations and obligations with respect to the New Jersey Environmental Cleanup Responsibility Act, NJSA 13:1K-6 et seq., together with related regulations, as such Act and regulations may be amended from time to time, as those obligations are defined in the Ground Lease Agreement.
Ground Lease Agreement. 7.1 UCC and Cogenron (successor in interest to Northern Cogeneration One Company) entered into a Ground Lease Agreement ("Lease"), dated January 1, 1986. A copy of the Lease is attached as Appendix 7. UCC and Cogenron agree to extend the Lease, and all rights and obligations 12 contained therein, for five (5) years beyond the termination of this Agreement. This includes, but is not limited to, Cogenron's right to purchase the premises from UCC as set forth in the Lease.
Ground Lease Agreement. See Tab 1. .
Ground Lease Agreement. On the date of such notice the following Ground Lease Agreement shall take effect:
Ground Lease Agreement. This is a First Amendment to the Ground Lease Agreement (Agreement) last dated September 21, 2006 between Suffolk County Community College (College) having its principal office at 000 Xxxxxxx Xxxx, Xxxxxx, Xxx Xxxx 00000-0000 a chartered Community College (pursuant to New York State Education Law) under the sponsorship of the County of Suffolk (County), a municipal corporation of the State of New York; and Long Island University (LIU), having an office at 000 Xxxxxxxx Xxxxxxxxx, Xxxxxxxxxx, Xxx Xxxx 00000-0000. The parties hereto have previously extended the Tenn of the Ground Lease from 07/31/11 to 07/31/16 and now desire to modify the above referenced Agreement to extend the term of the Ground Lease, to provide for the payment of utilities by LIU, and for various other matters.
