EXHIBIT 10.16
RECORDING REQUESTED BY, AND )
WHEN RECORDED RETURN TO: )
)
DRINKER XXXXXX & XXXXXXX LLP )
000 XXXXXX XXXXX )
XXXXXXX XXXX, XX 00000-0000 )
ATTENTION: XXXX X. XXXXXXXXX, ESQ. )
)
(SPACE ABOVE FOR RECORDER'S USE)
MEMORANDUM OF SUBLEASE
THIS MEMORANDUM OF SUBLEASE is made and entered into effect as of the
1st day of March, 2000, by and between AES RED OAK URBAN RENEWAL CORPORATION, a
New Jersey corporation ("Lessor") and AES RED OAK, L.L.C., a Delaware limited
liability company ("Lessee").
1. TERM AND PREMISES. For the term and upon the provisions set forth in
that certain written Sublease Agreement dated as of March 1, 2000 between Lessor
and Lessee (the "Lease"), all of which provisions are specifically made a part
hereof as fully and completely as if set out in full herein, Lessor subleases to
Lessee and Lessee subleases from Lessor that certain real property consisting of
land and the appurtenant easements thereto, which land and easements are more
particularly described on EXHIBIT "A", which exhibit is attached hereto and made
a part hereof, and any current or future improvements constructed thereon that
were leased to Lessor pursuant to that certain Ground Lease Agreement dated as
of the date hereof and Lessor also leases to Lessee and Lessee leases from
Lessor the Project Improvements (as defined in the Lease) and any current or
future improvements owned by Lessor that are constructed on the property
described in EXHIBIT "A" (the "Demised Premises"), all of which is located in
the Borough of Sayreville, Middlesex County, State of New Jersey, together with
all rights of ingress and egress and all other rights appurtenant to said
Demised Premises, including, without limitation, the right to use the
improvements constructed or to be constructed on the Demised Premises for the
purposes contemplated in the Lease, all of which rights are more particularly
described in the Lease.
2. USE. Reference is particularly made to ARTICLE 8 of the Lease
wherein Lessee is granted the right to use the Demised Premises for any lawful
purpose.
3. PURPOSE OF MEMORANDUM OF SUBLEASE. This Memorandum of Ground
Sublease is prepared for the purposes of recording a notification as to the
existence of the Lease but in no way modifies the express and particular
provisions of the Lease.
IN WITNESS WHEREOF this Memorandum of Sublease has been executed as of
the day and year first above written.
LESSOR:
AES RED OAK URBAN RENEWAL
CORPORATION, a New Jersey corporation
By: /s/ Xxxxxxx Xxxxxx
-----------------------------------
Name: Xxxxxxx Xxxxxx
Title: President
LESSEE:
AES RED OAK, L.L.C.,
a Delaware limited liability company
By: /s/ Xxxxx X. Xxxxxxxxx
-----------------------------------
Name: Xxxxx X. Xxxxxxxxx
Title: Vice President
DISTRICT )
OF : SS.
COLUMBIA )
I CERTIFY that on March 15, 2000, Xxxxxxx Xxxxxx personally appeared
before me, and this person stated under oath, to my satisfaction, that:
(a) this person is the President of AES Red Oak Urban Renewal
Corporation, the corporation named in this instrument;
(b) this person was authorized to execute this instrument on behalf
of the corporation; and
(c) this person executed this instrument as the voluntary act and
deed of the corporation.
/s/ Xxxxxx X. Xxxxxx (SEAL)
-----------------------------------
Signature
XXXXXX X. XXXXXX
NOTARY PUBLIC, DISTRICK OF COLUMBIA
MY COMMISSION EXPIRES: 0-0-00
XXXXXXXX )
OF : SS.
COLUMBIA )
I CERTIFY that on March 15, 2000, Xxxxx X. Xxxxxxxxx personally
appeared before me, and this person stated under oath, to my satisfaction, that:
(a) this person is a vice president of AES Red Oak, L.L.C., the
limited liability company named in this instrument;
(b) this person was authorized to execute this instrument on behalf
of the limited liability company; and
(c) this person executed this instrument as the voluntary act and
deed of the limited liability company.
/s/ Xxxxxx X. Xxxxxx (SEAL)
-----------------------------------
Signature
XXXXXX X. XXXXXX
NOTARY PUBLIC, DISTRICK OF COLUMBIA
MY COMMISSION EXPIRES: 4-1-02
A-3
EXHIBIT A
LAND
All that tract or parcel of land and premises, situate, lying and being in the
Borough of Sayreville in the County of Middlesex and State of New Jersey, more
particularly described as follows:
BEGINNING at a point in the Easterly line of Raritan River Railroad
right-of-way; said point being distant 719.16 feet on a course bearing of North
05 degrees 35 minutes 10 seconds East from a point of curvature of a curve
having a radius of 443.3 feet; said point of beginning also being distant 259.91
feet on a course bearing of South 05 degrees 35 minutes 10 seconds West from the
point of intersection formed by the Easterly right-of-way line of the Raritan
River Railroad with the Southerly line of lands now or formerly owned by the
Xxxxxxx Company extended Easterly from the point and place of beginning of
Parcel "A" as described in Deed Book 2883 page 873 a distance of 70.00 feet on a
course bearing South 85 degrees 11 minutes 00 seconds East, running thence from
said beginning point:
(1) Along the Easterly line of the Raritan River Railroad North 5 degrees 35
minutes 10 seconds East a distance of 811.14 feet to a point and corner;
thence
(2) South 84 degrees 24 minutes 50 seconds East a distance of 38.72 feet to a
point and corner; thence
(3) North 24 degrees 50 minutes 30 seconds East a distance of 820.45 feet to a
point and corner; thence
(4) North 37 degrees 30 minutes 30 seconds East a distance of 509.70 feet to a
point and corner; thence
(5) North 56 degrees 20 minutes 30 seconds East a distance of 285.61 feet to a
point and corner; thence
(6) North 69 degrees 20 minutes 30 seconds East a distance of 242.34 feet to a
point and corner in the Westerly line of the Jersey Central Power and Light
Company easement, 150 feet wide; thence
(7) Along the Westerly line of said Jersey Central Power and Light Company
easement South 11 degrees 49 minutes 50 seconds East a distance of 1,163.29
feet to a point and corner; thence
(8) Continuing along the Westerly line of said Jersey Central Power and Light
Company easement South 57 degrees 21 minutes 50 seconds East a distance of
383.51 feet to a point and corner ; thence
(9) South 28 degrees 12 minutes 20 seconds West a distance 425.47 feet to a
point and corner; thence
A-1
(10) South 28 degrees 10 minutes 30 seconds West a distance of 586.75 feet to a
point and corner; thence
(11) South 05 degrees 20 minutes 30 seconds West a distance of 146.75 feet to a
point and corner; thence
(12) South 82 degrees 20 minutes 30 seconds West a distance of 319.17 feet to a
point and corner; thence
(13) North 85 degrees 03 minutes 10 seconds West a distance of 562.61 feet to a
point of curvature; thence
(14) On the arc of a circle curving to the right having a radius of 520.00 feet
an arc distance of 100.00 feet (chord bearing and distance North 79 degrees
32 minutes 37 seconds West 99.85 feet) to a point and corner; thence
(15) South 15 degrees 57 minutes 56 seconds West a distance of 60.00 feet to a
point and corner; thence
(16) On the arc of a circle curving to the right having a radius of 580.00 feet
an arc distance of 345.40 feet (chord bearing and distance North 56 degrees
58 minutes 27 seconds West 340.32 feet) to a point of tangency; thence
(17) North 39 degrees 54 minutes 50 seconds West a distance of 46.44 feet
returning to the point and place of BEGINNING.
The above premises are commonly known as Xxx 0, Xxxxx 00.00.
X-0
XXXXXX EASEMENT
All that tract or parcel of land and premises, situate, lying and being in the
Borough of Sayreville in the County of Middlesex and State of New Jersey, more
particularly described as follows:
BEGINNING at a concrete monument in the Westerly line of the Raritan River
Railroad, said point being the point and place of beginning of Parcel "A" as
described in Deed Book 2883 page 873 and running thence from said beginning
point:
(1) North 85 degrees 11 minutes 00 seconds West a distance of 934.57 feet to a
point and corner in the Easterly line of Jernees Mill Road; thence
(2) On a line parallel to and distant 44 feet measured at a right angle from
the centerline of Xxxxxxx Xxxx Xxxx Xxxxx 00 degrees 56 minutes 50 seconds
East a distance of 60.47 feet to a point; thence
(3) South 85 degrees 11 minutes 00 seconds East a distance of 927.86 feet to a
point in the Westerly line of the Raritan River Railroad; thence
(4) Along the Westerly line of the Raritan River Railroad South 05 degrees 35
minutes 10 seconds West a distance of 60.00 feet returning to the point and
place of BEGINNING.
A-3
SIGHT TRIANGLE EASEMENTS
All that tract or parcel of land and premises, situate, lying and being in the
Borough of Sayreville in the County of Middlesex and State of New Jersey, more
particularly described as follows:
EASEMENT "A"
BEGINNING at the point of intersection formed by the Easterly line of Jernees
Mill Road (also known as Middlesex County Road # 3-R-18) with the Northerly line
of a proposed 60 foot road as shown and delineated on a map entitled, "final
subdivision Plat For: Forest View Industrial Park," dated December 1, 1988 and
is about to be filed at the Office of The Middlesex County Clerk; said beginning
point being distant 44 feet measured at a right angle from the centerline of
Jernees Mill Road, running thence from said beginning point:
(1) Along the Easterly line of Xxxxxxx Xxxx Xxxx Xxxxx 00 degrees 56 minutes 50
seconds East a distance of 96.60 feet to a point; thence
(2) South 08 degrees 33 minutes 17 seconds East a distance of 98.52 feet to a
point in the Northerly line of said proposed 60 foot wide road; thence
(3) Along the Northerly line of said proposed North 85 degrees 11 minutes 00
seconds West a distance of 34.78 feet returning to the point and place of
BEGINNING.
EASEMENT "B"
BEGINNING at the point of intersection formed by the Easterly line of Jernees
Mill Road (also known as Middlesex County Road # 3-R-18) with the Northerly line
of a proposed 60 foot road as shown and delineated on a map entitled, "Final
Subdivision Plat For: Forest View Industrial Park," dated December 1, 1988 and
is about to be filed at the Office of The Middlesex County Clerk; said beginning
point being distant 44 feet measured at a right angle from the centerline of
Jernees Mill Road, running thence from said beginning point:
(1) Along the Southerly line of said proposed 60 foot wide Road South 85
degrees 11 minutes 00 seconds East a distance of 34.78 feet to a point;
thence
(2) South 30 degrees 49 minutes 29 seconds West a distance of 22.26 feet to a
point in the Easterly line of Jernees Mill Road; thence
(3) North 85 degrees 11 minutes 00 seconds West a distance of 27.52 feet to a
point in the Easterly line of Jernees Mill Road; thence
(4) Along the Easterly line of Xxxxxxx Xxxx Xxxx Xxxxx 00 degrees 56 minutes 50
seconds East a distance of 20.16 feet returning to the point and place of
BEGINNING.
A-4
