[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-seo-282054-105":3,"detail-sidebar-cat-1-en-105":81,"doc-detail-282054-en":126},{"code":4,"msg":5,"data":6},0,"ok",{"site_id":7,"language":8,"slug":9,"title":10,"keywords":11,"description":12,"schema_data":13,"social_meta":74,"head_meta":76,"extra_data":78,"updated_unix":80},105,"en","ground-lease-agreement-term-of-lease-renewal-termination-payment-schedule","GROUND LEASE AGREEMENT - Term of Lease, Renewal, Termination & Payment Schedule","","Ground Lease Agreement setting forth the legal relationship between Donnie Coomer and Judy Coomer as Landlord and Carolina Solar Energy III, LLC as Tenant for leasing approximately 65 to 75 acres in Green County, Kentucky. Defines the premises, reserved mineral interests, and the lease term structure including renewal rights and termination options. Includes rent timing and installment payments, rent escalation mechanics, late fees for delinquent payments, and due diligence update and fee requirements during the due diligence period.",{"@graph":14,"@context":73},[15,34,56],{"@type":16,"itemListElement":17},"BreadcrumbList",[18,23,27,31],{"item":19,"name":20,"@type":21,"position":22},"https://docshare.wps.com","Home","ListItem",1,{"item":24,"name":25,"@type":21,"position":26},"https://docshare.wps.com/template/","Template",2,{"item":28,"name":29,"@type":21,"position":30},"https://docshare.wps.com/template/letters/","Letters",3,{"item":32,"name":10,"@type":21,"position":33},"https://docshare.wps.com/template/ground-lease-agreement-term-of-lease-renewal-termination-payment-schedule/282054/",4,{"url":32,"name":10,"@type":35,"image":36,"author":41,"headline":10,"publisher":44,"fileFormat":47,"inLanguage":8,"description":12,"dateModified":48,"datePublished":49,"encodingFormat":47,"isAccessibleForFree":50,"interactionStatistic":51},"DigitalDocument",{"url":37,"@type":38,"width":39,"height":40},"https://docshare.wps.com/thumbnails/ground-lease-agreement-term-of-lease-renewal-termination-payment-schedule/282054.png","ImageObject",442,249,{"name":42,"@type":43},"Sophia Brooks","Person",{"url":19,"name":45,"@type":46},"DocShare","Organization","application/pdf","2026-10-22","2026-09-16",true,{"@type":52,"interactionType":53,"userInteractionCount":55},"InteractionCounter",{"@type":54},"ViewAction",17,{"@type":57,"mainEntity":58},"FAQPage",[59,65,69],{"name":60,"@type":61,"acceptedAnswer":62},"What property and premises are covered under the ground lease?","Question",{"text":63,"@type":64},"The agreement leases approximately 65 to 75 acres located near Exie in Green County, Kentucky, including related improvements, fixtures, personal property, and appurtenances, as described in Exhibit A. It also defines “Premises” to include the land and associated rights and easements.","Answer",{"name":66,"@type":61,"acceptedAnswer":67},"How can the tenant renew or terminate the lease?",{"text":68,"@type":64},"The tenant may extend the initial 369-month term for up to two successive 5-year renewal terms by providing written notice before the expiration date. The tenant may also terminate as of the last day of the 189th month after the Rent Commencement Date with advance notice, and may terminate if certain power purchase or related agreements providing power from the premises are terminated.",{"name":70,"@type":61,"acceptedAnswer":71},"How are rent payments scheduled and adjusted over time?",{"text":72,"@type":64},"Rent is paid in two installments per year on a bi-annual schedule, with the first payment due on the Rent Commencement Date and the second on January 15 or July 15 as specified. The agreement includes rent escalation adjustments, late fees equal to 5% of unpaid delinquent rent after notice and a 15-day period, and additional due diligence fee/update obligations during the due diligence period.","https://schema.org",{"og:url":32,"og:type":75,"og:title":10,"og:site_name":45,"og:description":12},"article",{"robots":77,"canonical":32},"index,follow",{"doc_id":79,"site_id":7},282054,1790027323,{"code":4,"msg":82,"data":83},"success",[84,89,94,99,104,109,113,117,122],{"id":85,"doc_module":22,"doc_module_name":25,"category_name":86,"show_sort_weight":87,"slug":88},11,"Presentations",90,"presentations",{"id":90,"doc_module":22,"doc_module_name":25,"category_name":91,"show_sort_weight":92,"slug":93},12,"Resumes",80,"resumes",{"id":95,"doc_module":22,"doc_module_name":25,"category_name":96,"show_sort_weight":97,"slug":98},14,"Invoices",70,"invoices",{"id":100,"doc_module":22,"doc_module_name":25,"category_name":101,"show_sort_weight":102,"slug":103},15,"Posters",60,"posters",{"id":105,"doc_module":22,"doc_module_name":25,"category_name":106,"show_sort_weight":107,"slug":108},16,"Social Media",50,"social-media",{"id":55,"doc_module":22,"doc_module_name":25,"category_name":110,"show_sort_weight":111,"slug":112},"Forms",40,"forms",{"id":114,"doc_module":22,"doc_module_name":25,"category_name":29,"show_sort_weight":115,"slug":116},18,30,"letters",{"id":118,"doc_module":22,"doc_module_name":25,"category_name":119,"show_sort_weight":120,"slug":121},21,"Paper Templates",5,"papers-templates",{"id":123,"doc_module":22,"doc_module_name":25,"category_name":124,"show_sort_weight":4,"slug":125},158,"General","general-158",{"code":4,"msg":82,"data":127},{"doc_id":79,"user_id":128,"nickname":42,"user_avatar":129,"doc_module":22,"category_id":114,"category_name":29,"doc_title":10,"doc_description":12,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":55,"is_deleted":4,"is_public":22,"is_downloadable":22,"audit_status":22,"page_count":115,"language":135,"language_code":8,"site_id":7,"html_lang":8,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":12,"update_tm":139,"read_time":85},962084925636,"https://ap-avatar.wpscdn.com/davatar_994ba38a5ba835b3df7d355c54d3ed8d","GROUND LEASE AGREEMENT  \nTHIS GROUND LEASE AGREEMENT (this “Lease”) is made and entered into as of the 1stday of July, 2019 (the “Effective Date”), by and between Donnie Coomer and Judy Coomer, individuals(the “Landlord”) and Carolina Solar Energy III, LLC, a North Carolina limited liability company (the“Tenant”) .  \nW I T N E S S E T H:  \nIn consideration of the rent to be paid to Landlord by Tenant, as hereinafter provided, and of thecovenantsand agreements upon the part of Landlord and Tenant tobe kept and performed, Landlord herebyleases to Tenant, and Tenant leases from Landlord, that certain property containing between approximatelysixty-five (65) and seventy-five (75) acres (tobe determined in accordance with Section 1e below) locatedat Highway 218, near the community of Exie in Green County, Kentucky, being a portion of the propertyhaving a parcel ID number of 44-13.02, and more particularly described in Exhibit A attached hereto andby this reference made a part hereof (the “Land”), and all improvements, fixtures, personal property andtrade fixtures now located thereon, together with all other appurtenances, tenements, hereditaments, rightsand easements pertaining to the Land and the improvements now located thereon (the Land, together withthe above-described property, improvements and appurtenances are hereinafter collectively referred to asthe “Premises”), tobe occupied and used upon the terms and conditions herein set forth. Minerals, togetherwith any related appurtenances, tenements, hereditaments, rights and easements pertaining totheLand (the“Minerals”) are reserved and excepted by Landlord from the lease of the Premises herein; provided,however, Minerals are subject to the provisions of Sections 5 and 22 below.  \n1.  Term of Lease; Renewal Terms; Termination Rights; Contingencies/Due Diligence;Purchase Area.  \n(a) The term of this Lease (including any extensions or renewals, the “Term”) shall commenceon the Effective Date and shall end at 11:59 P.M. local time on the last day of the three hundred sixty-ninth  \n(369th) full calendar month following the Rent Commencement Date (as hereinafter defined) (the  \n“Expiration Date”), unless extended or sooner terminated asherein provided.  \n(b) Tenant shall have the right to extend the initial three hundred sixty-nine (369) month Termfor up to two (2) additional successive terms of five (5) years each (each a “Renewal Term” andcollectively, the “Renewal Terms”) by providing Landlord with written notice ofTenant’s desire to extendthe Term forthe applicable Renewal Term prior to the Expiration Date (or prior to the expiration of the firstRenewal Term, as applicable) .  \n(c) Tenant shall have the right to terminate this Lease as of the last day of the one hundredeighty ninth (189th) month after the Rent Commencement Date (the “Termination Date”) by providingLandlord with written notice of such termination on or before the date that is thirty (30) days prior to theTermination Date. Additionally, Tenant shall have the right to terminate this Lease in the event that itspower purchase agreement, or other agreement under which Tenant provides power generated at thePremises to a third party, is terminated for any reason whatsoever. Upon a termination of this Lease byTenant permitted hereunder, this Lease shall terminate and become null and void, and Tenant shall have nofurther obligations hereunder other than those obligations incurred prior to the Termination Date.  \n(d) Tenant intends to operate a utility scale solar photovoltaic power array for the generationof electric power, together with associated electrical balance of plant equipment, at the Premises (the“Intended Use.”) If Tenant is unable to satisfy the Contingencies (as defined below) to Tenant’ssatisfaction prior to the Rent Commencement Date, or if Tenant otherwise determines that Tenant’s leasing  \ndetermined by the Survey. If Tenant chooses to terminate in accordance with Section 1(d) of this Lease,no rent shall be","cbCaifbkWnyqmCY0","https://ap.wps.com/l/cbCaifbkWnyqmCY0","pdf",2159437,"English","# Term of Lease; Renewal Terms; Termination Rights; Contingencies/Due Diligence; Purchase Area\n## Payment Schedule\n## Rent Escalation\n## Late Fees\n## Due Diligence Updates and Fees\n# Laydown Area, Utilities","[{\"question\":\"What property and premises are covered under the ground lease?\",\"answer\":\"The agreement leases approximately 65 to 75 acres located near Exie in Green County, Kentucky, including related improvements, fixtures, personal property, and appurtenances, as described in Exhibit A. It also defines “Premises” to include the land and associated rights and easements.\"},{\"question\":\"How can the tenant renew or terminate the lease?\",\"answer\":\"The tenant may extend the initial 369-month term for up to two successive 5-year renewal terms by providing written notice before the expiration date. The tenant may also terminate as of the last day of the 189th month after the Rent Commencement Date with advance notice, and may terminate if certain power purchase or related agreements providing power from the premises are terminated.\"},{\"question\":\"How are rent payments scheduled and adjusted over time?\",\"answer\":\"Rent is paid in two installments per year on a bi-annual schedule, with the first payment due on the Rent Commencement Date and the second on January 15 or July 15 as specified. The agreement includes rent escalation adjustments, late fees equal to 5% of unpaid delinquent rent after notice and a 15-day period, and additional due diligence fee/update obligations during the due diligence period.\"}]","GROUND LEASE AGREEMENT - Term of Lease, Renewal, Termination & Payment Schedule | PDF",1789569905]