SUBLEASE AGREEMENT - Sublease Agreement - Schedule D - Amendment 7 - Sublease Agreement

Sep 16, 2026

Uploaded by Kyle

Sublease Agreement Schedule D defines the relationship between Guam Power Authority (GPA) and a contractor for subleasing storage tank 1906 at Tristar Storage Facility, located in Agat, Guam. It sets the leased premises scope, confirms the master lease agreement status, and states that the monthly storage lease fee is waived. The agreement restricts use to Diesel Fuel Oil No.2, establishes operational duties, scheduling obligations, and compliance with facility rules. It also allocates responsibilities for hazardous substances, indemnification, and limits liability through hold-harmless provisions.

LanguageEnglish

CategoryForms

FormatPDF

Pages9

Reading Time3 min

AccessFree to download

LEASED PREMISES

Section 1.01. LEASED PREMISES

Section 1.02. Use Rights of OWNER and GPA

Section 1.03. MASTER LEASE AGREEMENT

LEASE TERM

Section 2.01. Term

USE OF LEASED STORAGE FACILITY

Section 3.01. Permissible Use and Restrictions

Section 3.02. Rules and Regulations

Section 3.03. Hazardous Substances

Section 3.04. Hold Harmless

SCHEDULE D: SUBLEASE AGREEMENT THIS SUBLEASE AGREEMENT (hereinafter referred to as “SUBLEASE”) is made and entered into as of the day of , 2018 (the “Effective Date”), by and between the GUAM POWER AUTHORITY (hereinafter referred to as “GPA”), and ,(hereinafter referred to as “CONTRACTOR”) . GPA is the lessee for the Storage Lease Agreement under TTGI-SA-2018-001, dated January 1, 2018,(hereinafter referred to as “MASTER LEASE AGREEMENT”), from Tristar Terminals Guam, Inc (hereinafter referred to as “OWNER”) for the lease of Storage Tank 1906 (hereinafter referred to as “LEASED PREMISES”) located at Agat, Guam. W I T N E S S E T H : 1. LEASED PREMISES Section 1.01. LEASED PREMISES. (a) GPA hereby leases to CONTRACTOR, and CONTRACTOR hereby leases from GPA, storage tank located at Tristar Storage FACILITY (hereinafter referred the “FACILITY”) . Storage tank 1906 hereby leased to CONTRACTOR is depicted and designated as “LEASED PREMISES”, with a safe storage capacity of One Hundred Ninety-Six Thousand Barrels (196,000 bbls) and shall be utilized for storage of Diesel Fuel Oil No.2 . (b) Monthly storage lease fee shall be waived by GPA. CONTRACTOR shall be solely responsible for all other expenses under this SUBLEASE, to include, but not limited to, dock fees, pipeline fees, and TriStar administrative fees (if overtime is incurred) . (c) CONTRACTOR shall oversee, manage and administer the LEASED PREMISES and terms of this SUBLEASE. Section 1.02. Use Rights of OWNER and GPA. OWNER and GPA may from time to time, in coordination with CONTRACTOR, shall be allowed to use the tank, and grant to any party, person or entity the non-exclusive right, to the extent permitted under this SUBLEASE. Section 1.03. MASTER LEASE AGREEMENT. GPA is the Customer under the MASTER LEASE AGREEMENT with the OWNER identified above. GPA represents and warrants to CONTRACTOR that: (a) GPA has delivered to CONTRACTOR a full and complete copy of the MASTER LEASE AGREEMENT and all other agreements between OWNER and GPA relating to the leasing and use of the LEASED PREMISES; (b) the MASTER LEASE AGREEMENT is, as of the date hereof, in full force and effect; and (c) no event of default has occurred under the MASTER LEASE AGREEMENT and, to GPA’s knowledge, no event has occurred and is continuing which would constitute an event of default but for the requirement of the giving of notice and/or the expiration of the period of time to cure. 2. LEASE TERM Section 2.01. Term. The “Commencement Date” of the Lease shall be January 01, 2019 and shall continue until the termination of the MASTER LEASE AGREEMENT or GPA’s Fuel Supply Contract with the CONTRACTOR, whichever occurs first. 3. USE OF LEASED STORAGE FACILITY Section 3.01. Permissible Use and Restrictions. (a) The LEASED PREMISES shall be continuously used solely for Diesel Fuel Oil No.2 storage and for no other purpose without OWNER and GPA’s prior written consent during the term of the lease. (b) Scheduling. GPA and CONTRACTOR desire to optimize use of the LEASED PREMISES, and so agree to cooperate and communicate regarding scheduling of the FACILITY. CONTRACTOR shall manage the inventory and be responsible for scheduling and booking of fuel shipments to the LEASED PREMISES, but shall share with GPA not less frequently than on a monthly basis the proposed shipment schedule 18 months into the future. GPA’s goal is to optimize use of the FACILITY. Section 3.02. Rules and Regulations. CONTRACTOR shall comply with the rules and regulations adopted by OWNER of the FACILITY. OWNER shall have the right at all times to change and amend the rules and regulations in any reasonable manner as it may deem advisable for safety, care, cleanliness, preservation of good order and operation or use of the FACILITY. Section 3.03. Hazardous Substances. CONTRACTOR shall not place or use tanks, drums or other containers of any kind in, on, at or under the LEASED PREMISES, the c

FAQs

What storage capacity and product is covered by the sublease?

The sublease covers storage tank 1906 with a safe storage capacity of 196,000 bbls and limits use to Diesel Fuel Oil No.2.

What are the contractor’s responsibilities regarding scheduling and expenses?

The contractor manages inventory and is responsible for scheduling and booking fuel shipments, while also being solely responsible for other expenses such as dock fees, pipeline fees, and TriStar administrative fees if overtime is incurred.

How does the agreement address hazardous substances?

The contractor must not handle hazardous substances in hazardous quantities and must ensure unknown contents are not placed in or under the leased premises. The contractor also indemnifies, defends, and holds harmless the owner and GPA for remedial work and third-party claims arising from hazardous substances.

Sep 16, 2026

Uploaded by Kyle