Schedule of Terminal Leases between [Lessee] and Westway Terminal Company Inc.
This document outlines the terms of terminal leases between an unnamed lessee and Westway Terminal Company Inc. for storage facilities in San Pedro, CA, and Baltimore, MD. The leases specify the start and end dates, storage volumes, and monthly costs for each location. Additional fees may apply for extra services such as increased throughput, heating, storage, overtime labor, and sample testing. The San Pedro lease renews annually after the initial term, while the Baltimore lease has a fixed term ending in 2010.
Exhibit 10.17
Schedule of Terminal Leases with Westway Terminal Company Inc.
Terminal |
| Term |
| Term Expiration |
| Volume of Terminal |
| Monthly |
| |
|
|
|
|
|
|
|
|
|
| |
San Pedro, CA |
| March 1, 2006 |
| February 28, 2007 and year-to-year thereafter |
| 420,000 |
| $ | 10,000 |
|
|
|
|
|
|
|
|
|
|
| |
Baltimore, MD |
| January 1, 2007 |
| December 31, 2010 |
| 1,457,000 |
| $ | 39,000 |
|
* In addition to the monthly warehousing fee listed in the table, we may pay for additional services such as excess throughput capacity, heating, tank car storage, overtime labor, and sample testing on an as needed basis.