Common use of RELEASE OF CERTAIN LAND; ASSIGNMENTS AND SUBLEASING Clause in Contracts

RELEASE OF CERTAIN LAND; ASSIGNMENTS AND SUBLEASING. MORTGAGE AND PLEDGE OF INTERESTS 14 Restriction on Sale of Facility; Release of Certain Land 14 Removal of Equipment 14 Assignment and Subleasing 15 DEFAULT 16 Events of Default Defined 16 Remedies on Default 17 Remedies Cumulative 17 Agreement to Pay Attorneys' Fees and Expenses 18 No Additional Waiver Implied by One Waiver 18 EARLY TERMINATION OF AGREEMENT; OBLIGATIONS OF COMPANY 18 Early Termination of Agreement 18 Obligation to Purchase Facility 18 Conveyance on Purchase 18 MISCELLANEOUS 19 Notices 19 Binding Effect 19 Severability 19 Amendments, Changes and Modifications 19 Execution of Counterparts 20 Applicable Law 20 Recording and Filing 20 Survival of Obligations 20 Section Headings Not Controlling 20 No Broker 20 No Recourse; Special Obligation 20 No Joint Venture Created 21 THIS LEASEBACK AGREEMENT, dated as of March 1, 2013 (the "Leaseback Agreement"), is by and between the ORANGE COUNTY INDUSTRIAL DEVELOPMENT AGENCY, a public benefit corporation duly existing under the laws of the State of New York with offices at 000 Xxxx Xxxxxx, Xxxxxx, Xxx Xxxx 00000 (the "Agency") and WALLKILL REALTY PARTNERS LLC, a limited liability company formed and validly existing under the laws of the State of New York, with offices at 000 Xxxxxxxxxxx Xxxxxx, Xxxxx X-000, Xxx Xxxxx, Xxx Xxxx 00000 (the "Company").