Common Contracts

SUB-LEASE OF WATER BOTTOMS BETWEEN

Sub-Lease Agreement • August 18th, 2021 • Louisiana

• Contract Type
  Sub-Lease Agreement
• Filed
  August 18th, 2021
• Jurisdiction
  Louisiana

Louisiana International Deep Water Gulf Transfer Terminal Authority (“Sub- Lessor”), a political subdivision of the State of Louisiana created pursuant to and by Act No. 699 of 2008, which enacted Chapter 49 of the Title 34 of the Louisiana Revised Statutes of 1950, as amended by Act No. 471 of 2014 (La. R.S. 34:3491, et seq.) (hereinafter the “Act”), to promote, plan, finance, develop, construct, control, license, regulate, supervise, operate, manage, maintain, and modify deep water terminal facilities with its jurisdiction in order to position Louisiana as an international hub for cargo ships, including super-sized cargo ships, as declared in La. R.S. 34:3491;