EXHIBIT 10.14a
PORT OF BROWNSVILLE
HOME PORT TO NAFTA
FebruarY 2, 1998
Xx. Xxxxx X. Xxxxxxx
President
Statia Terminals Southwest, Inc.
Two Datran Center
0000 X. Xxxxxxxx Xxxx.
Xxxxx 0000
Xxxxx, XX 00000
Re: BND Contract 2790
Dear Xx. Xxxxxxx:
The present term of your above reference lease contract with the
Brownsville Navigation District will expire on March 31, 1998.
Under the provisions of this contract, you can extend and renew this lease
for an additional five year term on the same terms and conditions and for
the same rental effective April 1, 1998.
If it is your desire to extend and renew this lease for an additional five
year term, please sign and return one copy of this letter for our file.
Regards,
BROWNSVILLE NAVIGATION DISTRICT
/s/ Xxxxxxxx X. Xxxxxxxxx
Xxxxxxxx X. Xxxxxxxxx
Director, Industrial Development
Encl.
pc: Xxxx Xxxxxxxx
Xxxx Challenger
STATIA TERMINALS SOUTHWEST, INC.
/s/ Xxxxx X. Xxxxxxx
By; Xxxxx X. Xxxxxxx
1R2790R028
0000 Xxxxx Xxxx, Xxxxxxxxxxx, XX 00000. (000) 000-0000/FAX: (000) 000-0000
Toll free 0(000) 000-0000, Fax on demand 0(000)000-0000
FAX BY DEPARTMENTS: Marked ng/FTZ/Purchasing (000)000-0000,
Engineering (000)000-0000,Finance (000)000-0000
STATE OF TEXAS ) BROWNSVILLE NAVIGATION DISTRICT
COUNTY OF CAMERON) CONTRACT NO. 2790
----
THIS CONTRACT between the BROWNSVILLE NAVIGATION DISTRICT OF CAMERON
COUNTY, TEXAS, a navigation district organized, created and existing under and
by virtue of the laws of the State of Texas, with its domicile in Brownsville,
Cameron County, Texas, hereinafter styled District, and STATIA TERMINALS
SOUTHWEST, INC. hereinafter styled Lessee;
W I T N E S S E T H:
The said BROWNSVILLE NAVIGATION DISTRICT OF CAMERON COUNTY, TEXAS, does by these
presents lease and demise unto the said STATIA TERMINALS SOUTHWEST, INC. the
property described on Exhibit A, attached hereto and made a part hereof for all
purposes, for a term of five (5) years, commencing the 1st day of April, 1993,
for and upon the following terms and conditions:
I.
As a consideration for this lease and as rental for said leased premises, the
Lessee agrees to pay a rental of TWO HUNDRED-FORTY THREE THOUSAND SIX HUNDRED
NINETY AND 00/100 ($243,690.00) DOLLARS, payable in advance in monthly
installments of $20,307.50. The first installment of TWENTY THOUSAND THREE
HUNDRED SEVEN AND 50/100 (20,307.50) shall be due on April 1, 1993 and a similar
installment shall be due on the first day of each month thereafter.
All rentals shall be paid not later than Ten (10) days from the date
when due; they shall thereafter bear interest at the rate of fifteen percent
(15%) per annum from the date due until paid. In the event such fifteen percent
(15%) rate at any time shall be illegal or usurious under applicable law, it
shall be automatically reduced to the highest lawful rate.
BND/MAIN HARBOR LEASE Page 1
