Exhibit 10(k)
DATED 27TH JUNE 1996
EASTERN MERCHANT PROPERTIES LIMITED
- to -
EASTERN MERCHANT GENERATION LIMITED
- and -
EASTERN GROUP PLC
SUB-LEASE
- of -
land and premises known as
West Burton, Ironbridge and Rugeley B Power Stations
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TERM COMMENCES: 27th June 1996
FOR YEARS: 99 (less three days)
EXPIRES: 24th June 2095
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CONTENTS
PAGE
1. Definitions......................................................... 1
2. Demise and Rents.................................................... 4
3. Tenant's Covenants.................................................. 5
4. Landlord's Covenants................................................ 16
5. Provisos............................................................ 16
6. Guarantee........................................................... 20
First Schedule Particulars of the Demised Premises....................... 21
Second Schedule Part 1 - Rights Granted................................... 22
Third Schedule Documents which affect or relate to the
Demised Premises.......................................... 24
Fourth Schedule Allocation of rent first reserved to Generating Set....... 39
Fifth Schedule Superior Landlord's Fixtures and Fittings................. 40
Sixth Schedule Guarantee................................................. 46
Seventh Schedule Quota Right............................................... 47
Part A Authorisations Quota...................................... 47
Part B UK Plan Quota............................................. 47
Eighth Schedule...............................................................49
This Sub-Lease made on 24th June 1996 between Eastern Merchant Properties
Limited whose registered office is at Wherstead Park, Wherstead, Ipswich,
Suffolk IP9 2AQ (hereinafter called the Landlord) of the first part Eastern
Merchant Generation Limited whose registered office is at Wherstead Park
aforesaid (hereinafter called the Tenant) of the second part and Eastern Group
PLC whose registered office is at Wherstead Park aforesaid (hereinafter called
the Guarantor) of the third part.
Witnesses as follows:
1. DEFINITIONS
1.1 In this Sub-Lease unless there be something in the subject or context
inconsistent therewith:
(A) Where there are two or more persons included in the expression
the Tenant covenants contained in this Sub-Lease which are
expressed to be made by the Tenant shall be deemed to be made
by such persons jointly and severally;
(B) Any reference to an Act of Parliament shall include any
modification extension or re-enactment thereof for the time
being in force and shall also include all instruments orders
plans regulations permissions and directions for the time
being made issued or given thereunder or deriving validity
therefrom;
(C) Any covenant by the Tenant not to do any act or thing shall
include an obligation not to permit or suffer such act or
thing to be done;
(D) The titles or headings appearing in this Sub-Lease are for
reference only and shall not affect the construction hereof;
(E) Any reference to Value Added Tax shall include any tax of a
similar nature that may be substituted for or levied in
addition to it (and this for the avoidance of doubt shall not
include the penalties and interest for late payment);
(F) Reference to any right exercisable by the Landlord or any
right exercisable by the Tenant in common with the Landlord
shall be construed as including (where appropriate) the
exercise of such right:
(i) by the Superior Landlord and all persons authorised by
the Superior Landlord pursuant to the Headlease;
(ii) in common with all other persons having a like right;
(G) Where under the terms of this Sub-Lease the consent of the
Landlord is required for any act or matter the consent of the
Superior Landlord under the terms of the Headlease shall also
be required.
1.2 The expressions following shall have the meanings hereinafter mentioned
(that is to say):
(A) Adjoining Property means any land or property neighbouring
or adjoining Rugeley B Power Station in which the Superior
Landlord or a holding company or a subsidiary of a holding
company of the Superior Landlord (the terms holding company
and subsidiary having the meanings given to them in Section
736 of the Companies Act 1985 as amended by the Companies
Act 1989) or any person holding on trust for the Superior
Landlord or a holding company or a subsidiary of a holding
company of the Superior Landlord as aforesaid has a freehold
or leasehold interest whether in possession or in reversion;
(B) Applicable Law means any present or future law statute
bye-law regulation order delegated legislation directive
request requirement consent licence or permit of or issued
by or on behalf of any Competent Authority and relating to
the Demised Premises or any part thereof or any thing
therein or thereon or the use or ownership thereof
(including without limitation any Act of Parliament European
Community or European Law Regulation or Directive);
(C) the Authorisations means the authorisations granted by HMIP
pursuant to Section 6 of the Environmental Protection Act
1990 in respect of the power stations forming part of the
Demised Premises as varied by variation notices issued by
HMIP pursuant to Section 10 of the said Act dated 8 March
1996 as such authorisations may hereafter be varied from
time to time by HMIP;
(D) the Authorisations Quota means that part specified in Part A
of the Seventh Schedule of the quotas in respect of
emissions of sulphur dioxide under Column 3 of Table 2.5 of
the Authorisations as such part may hereafter be varied from
time to time by HMIP;
(E) CHAPS means clearing houses automated payment systems;
(F) Competent Authority means any local national or
supranational agency authority department inspectorate
minister official court tribunal or public or statutory
person (whether autonomous or not) having jurisdiction in
relation to the Demised Premises or any part thereof or
anything therein or thereon or the use or ownership thereof;
(G) Conduits means all sewers drains pipes gullies gutters ducts
flues watercourses channels subways wires cables and other
conducting media of whatsoever nature;
(H) the Demised Premises means the land and premises described
in the First Schedule hereto and each and every part thereof
together with the appurtenances thereto belonging and
together also with any buildings and erections and each and
every part thereof now or hereafter erected or in the course
of erection thereon or on any part thereof together with all
additions alterations and improvements thereto which may be
carried out during the Term and shall also include all
landlord's fixtures from time to time in and about the same
and the Superior Landlord's Fixtures and Fittings;
(I) the Full Cost of Reinstatement means the costs (including
the cost of shoring up demolition decommissioning and site
clearance Architects' Surveyors' and other professional
fees) and irrecoverable Value Added Tax which would be
likely to be incurred in or as a result of rebuilding or
reinstating the Demised Premises in accordance with the
requirements of this Sub-Lease at the time when such
rebuilding or reinstatement is likely to take place having
regard to all relevant factors including any increases in
building costs expected or anticipated to take place at any
time up to the date upon which the Demised Premises shall be
fully rebuilt or reinstated and shall be not less
than(pound)300,000,000 but may be in such greater amount as
the Tenant may reasonably require;
(J) Generating Set means a generator and its associated
turbines;
(K) Good Industry Practice means the exercise of that degree of
skill diligence prudence foresight and operating practice
which would reasonably be expected by and from a skilled and
experienced owner and operator of the power stations forming
part of the Demised Premises under the same or similar
circumstances taking into account the nature and location of
the said power stations;
(L) the Headlease means the Lease of even date made between
National Power PLC (1) the Landlord (2) and the Guarantor
(3);
(M) HMIP means Her Majesty's Inspectorate of Pollution and its
successors from time to time;
(N) the Insured Risks means risks in respect of physical loss
destruction or damage;
(O) the Insurers means the insurance office or underwriters with
whom the insurance cover referred to in Clause 3.25 hereof
is effected;
(P) Ironbridge Power Station means the part of the Demised
Premises referred to in paragraph (B) of the First Schedule;
(Q) the Landlord shall include the person for the time being
entitled to the reversion immediately expectant on the
determination of the Term;
(R) Machinery Breakdown means unforeseen and sudden destruction
or damage to any plant and machinery at the Demised Premises
resulting from breakdown including destruction or damage
caused by explosion due to force of internal steam gas or
fluid pressure from any accidental cause while such plant
and machinery is at work;
(S) Material Breach means any breach non-performance or
non-observance of any of the covenants obligations and
conditions on the part of the Tenant in this Sub-Lease which
has a material consequence;
(T) the Planning Acts means Town and Country Planning Act 1990;
Planning (Listed Buildings and Conservation Areas) Act 1990;
Planning (Hazardous Substances) Act 1990; and Planning
(Consequential Provisions) Act 1990;
(U) the Prescribed Rate means a rate of interest being two per
centum per annum over the base rate from time to time of
National Westminster Bank PLC or over such other rate as may
from time to time replace the same or over such other rate
as the Landlord may from time to time reasonably require;
(V) the Rent means (pound)200,000,000 per annum until the
expiration of the tenth year of the Term and thereafter
during the residue of the Term (pound)100,000 per annum
(subject to review in accordance with the provisions of the
Eighth Schedule);
(W) the Quota Rights means the UK Plan Quota the Authorisations
Quota and the Authorisations;
(X) Rugeley B Power Station means the part of the Demised
Premises referred to in paragraph (C) of the First Schedule;
(Y) the Sale of Business Agreement means the agreement for the
sale and purchase of the business carried on at the Demised
Premises entered into on 19th April 1996 between National
Power PLC (1) and Eastern Group plc (2);
(Z) the Satisfaction Date means the later of 31 March 2006 and
the date by which the Superior Landlord has received (i) the
whole of the Premium due under the Headlease and (ii) all
sums due and payable under the Headlease in respect of the
period commencing on the date of the Headlease and expiring
on 31 March 2003;
(AA) this Sub-Lease means this sub-lease and any document which
is supplemental hereto or which is collateral herewith or
which is entered into pursuant to or in accordance with the
terms hereof;
(BB) the Superior Landlord means the person or persons for the
time being entitled to the reversion expectant on the
determination of the Headlease;
(CC) the Superior Landlord's Fixtures and Fittings means the
Landlord's fixtures and fittings at the Demised Premises
belonging to the Superior Landlord specified in the Fifth
Schedule and any replacement of any of the same from time to
time;
(DD) the Tenant shall include its successors in title;
(EE) the Term means the term of years hereby granted;
(FF) the UK Plan Quota means that part specified in Part B of the
Seventh Schedule of the quotas in respect of emissions of
sulphur dioxide and oxides of nitrogen under the current UK
Plan for the Reduction of Emissions into Air of Sulphur
Dioxide and Oxide Nitrogen from existing Large Combustion
Plants as such part may hereafter be varied from time to
time by any authority empowered to vary such quotas;
(GG) West Burton Power Station means the part of the Demised
Premises referred to in paragraph (A) of the First Schedule;
(HH) the 199S Act means the Landlord and Tenant (Covenants) Act
1995;
1.3 Where any indemnity contained in this Sub-Lease is expressed to be on
an "after-tax" basis then in calculating the liability of the
indemnifying party there shall be taken into account having regard to
the time value of money by application of a nominal discount rate of 12
per cent per annum:
(A) the amount by which any liability to Taxation for which the
party to be indemnified (or any company which is a holding
company or a subsidiary of a holding company of such party)
is or would have been accountable or liable to be assessed
is actually reduced or extinguished as a result of the
matter giving rise to the indemnity claim; and
(B) the amount by which any liability to Taxation of the party
to be indemnified (or any company which is a holding company
or a subsidiary of a holding company of such party) is
actually increased as a result of the payment by the
indemnifying party in respect of the matter giving rise to
the indemnity claim;
For this purpose Taxation means all forms of taxation whether direct or
indirect and whether levied by reference to income profits gains net
wealth asset values turnover added value and statutory governmental
state provincial local governmental or municipal impositions duties
contributions rates and levies (including without limitation social
security contributions and any other payroll taxes) whenever and
wherever imposed (whether imposed by way of a withholding or deduction
for or on account of tax or otherwise) and in respect of any person and
all penalties charges costs and interest relating thereto and the terms
holding company and subsidiary have the same meanings as in Clause
1.2(A).
2. DEMISE AND RENTS
The Landlord HEREBY DEMISES unto the Tenant ALL THAT the Demised
Premises TOGETHER WITH as mentioned in Part 1 of the Second Schedule
and EXCEPT AND RESERVING as mentioned in Part 2 of the Second Schedule
hereto TO HOLD the same (a) SUBJECT TO all rights easements
quasi-easements and privileges (if any) to which the Demised Premises
are or may be subject and (b) SUBJECT TO AND (in so far as the Landlord
has power to grant the same) WITH THE BENEFIT OF all rights easements
quasi-easements (if any) privileges (if any) covenants declarations and
other provisions contained or referred to in the documents referred to
in the Third Schedule hereto unto the Tenant from 27th June 1996 for a
TERM of NINETY-NINE YEARS less three days YIELDING AND PAYING therefor
and in proportion for any less time than a year without any deduction
or set-off FIRST the Rent to be paid by equal quarterly payments in
arrear on the usual quarter days SECONDLY by way of additional rent on
demand the moneys referred to in Clause 3.2 hereof and HEREBY ASSIGNS
to the Tenant the Quota Rights on condition that the Term is not
deter-mined pursuant to Clause 5.1 before the Satisfaction Date.
3. TENANT'S COVENANTS
The Tenant to the intent that the obligations hereby created shall
continue throughout the Term (except where otherwise necessarily
implied or expressly stated) HEREBY COVENANTS with the Landlord as
follows:
3.1 TO PAY RENT
To pay the rents hereinbefore reserved at the times and in the manner
aforesaid;
3.2 TO PAY INTEREST ON OVERDUE MONIES
That without prejudice to any other right remedy or power herein
contained or otherwise available to the Landlord if any sum payable
under this Sub-Lease shall not be received on the due date to pay on
demand to the Landlord interest thereon at the Prescribed Rate from the
date when the same became due until payment thereof is received (as
well after as before any judgment);
3.3 TO PAY OUTGOINGS
To bear pay and discharge all existing and future rates taxes duties
charges assessments impositions and outgoings whatsoever (whether
parliamentary parochial local or otherwise and whether or not of a
capital or non-recurring nature) which now are or may at any time
hereafter during the Term be charged levied assessed or imposed upon
the Demised Premises or upon the owner or occupier in respect thereof
Provided always that the foregoing shall not extend to payment of any
tax payable only as a direct result of any dealing by the Landlord with
its reversionary interest in the Demised Premises including for the
avoidance of doubt the grant of this Sub-Lease;
3.4 TO PAY SHARE OF COST OF COMMON FACILITIES
To pay a contribution towards the cost and expense of constructing
repairing rebuilding renewing lighting cleansing and maintaining all
facilities services and other things the use of which is common to the
Demised Premises and other premises such contribution to be fairly
assessed by the Landlord's Surveyors;
3.5 TO REPAIR
At all times until the Satisfaction Date to keep the Demised Premises
in good working order repair and condition (fair wear and tear excepted
and damage by the Insured Risks excepted unless payment of any
insurance moneys be refused in whole or in part other than as a result
of the Landlord's default) and to carry out such repair maintenance
renewal overhauls and replacement as are required in accordance with
Good Industry Practice and all Applicable Laws and to comply in all
material respects with all manufacturers' and mandatory operational
modifications Provided that the Tenant shall not be obliged
to put the Demised Premises into any better state and condition than
they are in at the date of this SubLease and Provided further that for
the avoidance of doubt nothing in this Sub-Lease shall prevent the
Tenant demolishing decommissioning or dismantling any part of the
Demised Premises at any time after the Satisfaction Date;
3.6 TO COMPLY WITH NOTICES TO REPAIR
To repair and make good and otherwise remedy any breach of Clause 3.5
of which notice in writing shall be given to or left on the Demised
Premises for the Tenant by the Landlord and for which the Tenant is
liable hereunder and to complete the same within six calendar months
(unless compliance with this covenant would require the Tenant (i) to
order new plant or machinery which cannot be obtained within such
period in which case such plant or machinery shall be obtained as soon
as possible thereafter or (ii) to repair existing plant or machinery in
circumstances where such plant or machinery cannot be repaired within
such period in which case such plant or machinery shall be repaired as
soon as possible thereafter Provided that the Tenant shall in any event
proceed diligently to remedy the breach and shall commence the process
of ordering or repairing the plant or machinery without delay) after
the giving or leaving of such notice and if the Tenant shall fail to
comply with any such notice it shall be lawful (but not obligatory) for
the Landlord (without prejudice to the right of re-entry hereinafter
contained) to enter upon the Demised Premises to make good the same at
the cost of the Tenant which cost together with all Solicitors' and
Surveyors' charges and other costs expenses and losses of whatsoever
nature whether direct or indirect which may be properly incurred
suffered or sustained by the Landlord in connection therewith shall be
repaid by the Tenant to the Landlord on demand as a debt and on a full
after-tax indemnity basis;
3.7 TO PERMIT ENTRY
(A) Until the Satisfaction Date but not thereafter to permit the
Landlord and its agents and all persons authorised by them
with or without workmen on giving reasonable notice (except in
emergency) to the Tenant to enter upon the Demised Premises
for the purpose of ascertaining that the covenants and
conditions of this Sub-Lease have been observed and performed
and to view the state of repair and condition of the Demised
Premises and to take a schedule of any dilapidations the
Landlord making good forthwith any damage thereby caused to
the Demised Premises and causing as little inconvenience as
reasonably practicable;
(B) To permit the Landlord and its agents and all persons
authorised by them with or without workmen on giving
reasonable notice (except in emergency) to the Tenant to enter
upon the Demised Premises to exercise the rights herein
excepted and reserved the Landlord promptly making good any
damage thereby caused to the Demised Premises and causing as
little inconvenience as reasonably practicable;
3.8 INSURERS' REQUIREMENTS
(A) To comply with all the requirements and recommendations of the
Insurers;
(B) Not to do anything which would or might result in any of the
insurances required to be effected by this Sub-Lease being
vitiated invalidated or prejudiced;
3.9 USER
(A) To procure that neither the Demised Premises nor any part
thereof is used before 1 April 2000 such that its principal
use is other than for an activity for which an exemption or
licence is required under Section 5 or Section 6 of the
Electricity Act 1989 or an activity involving the
distribution of electricity (in so far as it does not
require a licence under Section 6 of the Electricity
Act 1989);
(B) The Tenant hereby acknowledges and admits that
notwithstanding the foregoing provisions the Landlord does
not thereby or in any other way give or make nor has given
or made at any other time any representation or warranty
that any such use is or will be or will remain a permitted
use within the provisions of the Planning Acts nor shall any
consent in writing which the Landlord may hereafter give to
any change of use be taken as including any such
representation or warranty and that notwithstanding that any
such use as aforesaid is not a permitted use within such
provisions as aforesaid the Tenant shall remain fully bound
and liable to the Landlord in respect of the obligations
undertaken by the Tenant by virtue of this Sub-Lease without
any compensation recompense or relief of any kind
whatsoever;
(C) Not to do anything which would materially prejudice the
rights and interests of the Landlord in the Demised Premises
or under this SubLease or as a consequence of which the
Landlord or any of its directors officers or employees would
become liable to pay any fine or penalty or incur any other
form of sanction or would otherwise incur a liability to any
person;
3.10 NOT TO MAKE CLAIMS
Not at any time during the Term to bring any action or make any claim
or demand on account of any injury to any right easement quasi-easement
or privilege enjoyed by the Demised Premises caused by the lawful
erection of any building or the lawful alteration of any building on
any land adjacent neighbouring or opposite to the Demised Premises by
the Landlord or the Superior Landlord or for which the Landlord or the
Superior Landlord shall have given its consent or for which the
Landlord or the Superior Landlord may give its consent pursuant to any
power reserved by this Sub-Lease or the Headlease or in respect of any
easement right or privilege granted or to be granted by the Landlord or
the Superior Landlord for the benefit of any land or building erected
or to be erected on any land adjacent neighbouring or opposite to the
Demised Premises;
3.11 ALIENATION
(A) Not to dispose of and to procure that there shall be no disposal
of a Relevant Interest in the Demised Premises or any part of the
Demised Premises such as falls within paragraph 1(6)(ii) of Part
I of Schedule 1 to the deed of debenture dated 1 November 1990
and entered into between National Power PLC and The Secretary of
State for Energy prior to 31 March 2000;
(B) Not before the Satisfaction Date to assign charge underlet agree
to assign charge or underlet part with possession share the
possession or occupation of or otherwise dispose of or deal in
any way with the whole or any part of the Demised Premises except
by way of agricultural tenancies or grazing licences of
agricultural land which is not required for the operation of the
power stations forming part of the Demised Premises;
(C) Not on or after the Satisfaction Date to assign or charge or
agree to assign or charge part only of the Demised Premises being
a part other than the whole of Ironbridge Power Station or
Rugeley B Power Station or West Burton Power Station (a permitted
part);
(D) Not on or after the Satisfaction Date to part with possession or
share the possession or occupation of the whole or any part of
the Demised Premises except by an assignment permitted by this
Clause 3.11 or by an underletting;
(E) Not on or after the Satisfaction Date to assign or agree to
assign the whole or a permitted part of the Demised Premises
unless:
(i) the assignee covenants with the Landlord to pay the
rents and observe and perform the Tenant's covenants in
this Sub-Lease (in the case of assignment of a
permitted part in so far as they relate to the
permitted part) during the residue of the Term or until
released pursuant to the 1995 Act;
(ii) the Tenant enters into an agreement guaranteeing the
performance of the Tenant's covenants in this Sub-Lease
(in the case of assignment of a permitted part in so
far as they relate to the permitted part) by the
assignee including the provisions set out in the Sixth
Schedule to the extent permitted by the 1995 Act;
(iii) such other persons as the Landlord reasonably requires
act as guarantors for the assignee and enter into
direct covenants with the Landlord to perform the terms
of this Sub-Lease (in the case of assignment of a
permitted part in so far as they relate to the
permitted part) including the provisions set out in the
Sixth Schedule;
(F) Without prejudice to the foregoing provisions not on or after the
Satisfaction Date to assign the whole or a permitted part of the
Demised Premises without the Landlord's written consent (not to
be unreasonably withheld or delayed);
3.12 REGISTRATION
Within twenty-one days after the date of any surrender or assignment of
this Sub-Lease or the execution of any mortgage or charge affecting
this Sub-Lease or any transfer of any such mortgage or charge or any
devolution of the Term by assent or operation of law to give written
notice and to deliver a certified copy to the Superior Landlord's
Solicitors (or as the Superior Landlord may from time to time direct)
of such surrender assignment mortgage charge transfer of mortgage or
charge or devolution and to pay or cause to be paid to the Superior
Landlord's Solicitors or as the Superior Landlord may from time to time
direct a reasonable fee not being less than Twenty pounds for the
registration thereof;
3.13 NOT TO MAKE ALTERATIONS
Until the Satisfaction Date not to make any addition or alteration to
or do any thing in relation to any of the Superior Landlord's Fixtures
and Fittings which would diminish the value of the Superior Landlord's
Fixtures and Fittings or the Demised Premises provided that the Tenant
shall not hereby be prevented from replacing any of the Superior
Landlord's Fixtures and Fittings with a replacement of similar
character and at least equal value;
3.14 TO PAY LANDLORD'S COSTS
To pay to the Landlord on demand and on an after-tax indemnity basis
all costs charges expenses damages and losses of whatsoever nature
whether direct or indirect (including but without prejudice to the
generality of the foregoing Solicitors' costs Counsels' Architects' and
Surveyors' Environmental Consultants' and other professional fees and
commission payable to a bailiff) and which may at any time be incurred
suffered or sustained by the Landlord:
(A) incidental to the preparation and service of a notice under
Section 146 of the Law of Property Act 1925 and/or in or in
contemplation of any proceedings under Section 146 or 147 of
the said Act (whether or not any right of re-entry or
forfeiture has been waived by the Landlord or a notice served
under the said Section 146 is complied with by the Tenant or
the Tenant has been relieved under the provisions of the said
Act and notwithstanding forfeiture is avoided otherwise than
by relief granted by the court);
(B) in connection with or procuring the remedying of any breach
nonperformance or non-observance of any covenant condition or
other obligation on the part of the Tenant or any person
deriving title under the Tenant contained in this Sub-Lease;
3.15 TO OBSERVE STATUTORY REQUIREMENTS
At all times and from time to time and at its own expense to comply
with all Applicable Laws and to execute all works including remediation
as are or may under or in pursuance of any Applicable Law be directed
or required to be done or executed upon or in respect of the Demised
Premises or the use thereof whether by the owner and/or the Landlord
and/or the Tenant thereof or any person deriving title thereunder or
which relate to the remediation of other sites or premises or
controlled waters if and to the extent that the need for remediation
has been caused in whole or in part by the Demised Premises or any use
thereof or activities or omissions thereon and not to do or fail to do
on the Demised Premises or on the said other sites or premises or
controlled waters any act or omission or thing whereby the Landlord
becomes or is likely to become liable to pay any penalty fine charge
tax levy or duty imposed or to bear the whole or any part of any costs
or expenses incurred under or through any such Applicable Law and at
all times to save harmless and keep indemnified the Landlord on an
after-tax basis against all losses (as defined in Clause 3.25(A)) which
may at any time be made or claimed against or incurred or suffered or
sustained by the Landlord in respect of the foregoing;
3.16 PLANNING
At all times during the Term to comply in all respects with the
Planning Acts and to keep the Landlord indemnified on an after-tax
basis in respect thereof;
3.17 TO INFORM LANDLORD OF NOTICES
Upon becoming aware of the happening of any occurrence or upon the
receipt of any notice order requisition direction or other thing which
may be capable of materially adversely affecting the Landlord's
interest in the Demised Premises or which might give rise to a
liability or a duty or to a breach of a duty imposed by common law or
statute on the Landlord the Tenant shall forthwith at its own expense
deliver full particulars or a copy thereof to the Landlord;
3.18 TO INFORM LANDLORD OF CONTAMINANTS AND DEFECTS AND TO INDEMNIFY
To inform the Landlord immediately in writing upon becoming aware of
the existence of any contaminant or pollutant or hazardous substance on
or under or escaping or emitting or leaching from or any defect in the
Demised Premises which might give rise to a duty or liability imposed
by common law or statute on the Landlord and to indemnify the Landlord
on an after-tax basis in respect of all losses (as defined in Clause
3.25 (A) which may at any time be made or claimed against or incurred
suffered or sustained by the Landlord by reason of:
(A) any interference or alleged interference or obstruction by the
Demised Premises or any use thereof or activities or omissions
thereon of any right or alleged right of light air drainage or
other right or alleged right now existing for the benefit of
any adjoining or neighbouring property;
(B) any contaminant or pollutant or hazardous substance in or
under or escaping or emitting or leaching from the Demised
Premises;
3.19 APPLICATIONS FOR CONSENT
Upon making an application for any consent or approval which is
required under this Sub-Lease the Tenant shall disclose to the Landlord
and the Superior Landlord such information as the Landlord or the
Superior Landlord may reasonably require and shall pay on demand and by
way of indemnity on an after-tax basis all costs charges and expenses
(including without limitation legal costs Surveyors' fees disbursements
and stamp duty) properly incurred by the Landlord and the Superior
Landlord resulting from all such applications by the Tenant including
costs charges fees and disbursements actually incurred in cases where
consent is properly refused or the application is withdrawn;
3.20 TO OBSERVE COVENANTS
To observe and perform the agreements covenants and stipulations
contained or referred to in the documents referred to in the Third
Schedule hereto so far as any of the same are still subsisting and
capable of taking effect and relate to the Demised Premises and to keep
the Landlord indemnified on an after-tax basis against all losses (as
defined in Clause 3.25(A)) actions proceedings costs claims and demands
in any way relating thereto;
3.21 YIELDING UP
(A) Immediately prior to the expiration or sooner determination of
the Term if required by any competent authority or if reasonably
so requested by either the Landlord or the Superior Landlord (and
in either such case at the cost of the Tenant) to remove from the
Demised Premises or (if the relevant contaminant pollutant or
hazardous substance has been caused by the Demised Premises or
any use thereof or activities or omissions thereon after the date
hereof from other sites or premises or controlled waters or
render harmless to the reasonable satisfaction of the Landlord
and the Superior Landlord any such contaminant or pollutant or
hazardous substance which is capable of causing harm or Pollution
or which either the Landlord or the Superior Landlord would
otherwise have a duty (whether under common law or statute) to
remove or render harmless;
(B) At the expiration or sooner determination of the Term (howsoever
the same be deter-mined) to yield up to the Landlord the Demised
Premises in such state of repair and condition and cleanliness as
shall be in accordance with the covenants on the part of the
Tenant herein contained together (if the Term is determined prior
to the Satisfaction Date but not otherwise) with the Superior
Landlord's Fixtures and Fittings and together with all other
fixtures fittings improvements and additions (except tenant's
fixtures and fittings) which now are or may at any time hereafter
be in or about the Demised Premises and in the event of the
Tenant failing so to yield up the Demised Premises to pay to the
Landlord on demand by way of liquidated damages:
(i) the cost of putting the Demised Premises into the
state of repair and condition and cleanliness in
which they should have been had the Tenant complied
with the terms of this Sub-Lease; and
(ii) on an indemnity after-tax basis all losses (as
defined in Clause 3.25(A)) (including without
limitation Surveyors' Environmental Consultants' and
other professional fees) which are at any time made
or claimed against or incurred suffered or sustained
by the Landlord in connection with the matters
refer-red to in this Clause 3.21(B);
3.22 TO PAY VAT
To pay to the Landlord by way of additional rent any amount in respect
of Value Added Tax which is chargeable at the rate for the time being
in force in respect of any rent or other payment made or other
consideration provided by the Tenant under the terms of or in
connection with this Sub-Lease and in every case where an amount of
money is payable or consideration is provided under this Sub-Lease such
amount or consideration shall be regarded as being exclusive of all
Value Added Tax which may from time to time be legally payable thereon
and such Value Added Tax shall be payable on the due date for the
payment of such amount or the provision of such consideration;
3.23 REIMBURSEMENT OF VAT
In every case where the Tenant has agreed to reimburse or indemnify the
Landlord in respect of any payment made by the Landlord under the terms
of or in connection with this Sub-Lease that the Tenant shall also
reimburse any Value Added Tax paid by the Landlord on such payment to
the extent that the Value Added Tax is irrecoverable by the Landlord;
3.24 TO INSURE
(A) (i) Until the Satisfaction Date to insure and keep insured the
Demised Premises in the joint names of the Superior Landlord and
the Tenant with the Insurers (who shall first have been approved
in writing by the Superior Landlord such approval not to be
unreasonably withheld) against loss or damage by the Insured
Risks in the Full Cost of Reinstatement thereof except that in
respect of risks of Machinery Breakdown insurance shall be for
the maximum possible loss in a sum which has first been approved
in writing by the Superior Landlord such approval not to be
unreasonably withheld or delayed;
(ii) To procure that the insurance policy required to be effected
by this Clause 3.24(A) shall contain a loss payable provision in
the following form:
(a) if a single event of damage or destruction gives rise
to or is likely to give rise to a total recovery under
the policy of (pound)5,000,000 or more the whole of the
recovery shall be paid in full to the Superior Landlord
or to its order without any deduction;
(b) if a single event of damage or destruction gives rise
to a total recovery under the policy of less than
(pound)5,000,000 the whole of the recovery shall be
paid in full to the Tenant without any deduction the
recovery to be applied in the reinstatement of the
Demised Premises;
and to procure that all recoveries are paid and applied in the
manner required by such provision;
(B) (i) Until the Satisfaction Date to maintain loss of rent
insurance in relation to the rent first reserved in the Headlease
in the name of the Superior Landlord with the Insurers (who shall
first have been approved in writing by the Superior Landlord such
approval not to be unreasonably withheld or delayed) against loss
of the rent first reserved in the Headlease arising from loss or
damage of any Generating Set at the Demised Premises by the
Insured Risks under a policy which has first been approved in
writing by the Superior Landlord (such approval not to be
unreasonably withheld or delayed);
(ii) The loss of rent to be covered by such insurance shall be
the aggregate from time to time of the rent first reserved in the
Headlease and any Value Added Tax chargeable in respect thereof
for a three year period;
(C) To notify the Superior Landlord the Landlord and the Insurers
immediately on becoming aware of the occurrence before the
Satisfaction Date of any loss or damage at the Demised Premises
which is likely to result in a loss in excess of (pound)2,000,000
whether or not caused by an Insured Risk;
(D) In case of destruction or damage of the Demised Premises by any
of the Insured Risks prior to the Satisfaction Date diligently to
reinstate restore and rebuild the same without delay under the
direction and to the reasonable satisfaction of the Superior
Landlord (Provided that in the event of destruction of a power
station forming part of the Demised Premises the obligation to
reinstate shall be to build a new power station with
substantially similar generating output to the power station
destroyed and that if the Tenant is unable (having used its best
endeavours) to obtain the planning or other consents necessary to
execute the reinstatement restoration and rebuilding the Tenant
shall not be obliged to reinstate restore and rebuild the Demised
Premises and the Superior Landlord shall be solely entitled to
retain all the moneys payable under or by virtue of the
insurance) and in compliance with all Applicable Laws (employing
such Building Contractors Architects Surveyors and other
professional advisers as shall previously be approved in writing
by the Superior Landlord (such approval not to be unreasonably
withheld) in accordance with plans and specifications previously
approved at the expense of the Tenant by the Superior Landlord
(such approval not to be unreasonably withheld) and in case the
same shall be insufficient for that purpose (whether as a result
of under-insurance the withholding of all or part of the
insurance monies or any other reason except where it is as a
result of a breach by the Superior Landlord of its covenants
under the Headlease or a breach by the Superior Landlord of any
term of the insurance policy which has been disclosed to it) to
make up the deficiency out of the Tenant's own monies Provided
that where insurance proceeds have been paid to the Superior
Landlord pursuant to Clause 3.24(A)(ii) the Tenant shall not be
liable under this Clause 3.24(D) for failure to reinstate restore
or rebuild to the extent only that the Superior Landlord has
failed to comply with its obligation contained in Clause 4.2;
(E) (i) At its own expense throughout the Term to maintain insurance
cover in respect of the Demised Premises with the Insurers (who
shall first have been approved in writing by the Superior
Landlord such approval not to be unreasonably withheld) against
legal liability to any third parties (including agents and
subcontractors of the Tenant and insofar as insurance on behalf
of the Superior Landlord or the Landlord is concerned employees
of the Tenant) for injury death disease loss or damage (whether
to persons or property) (and including any such resulting from
sudden and identifiable unintended and unexpected pollution)
suffered (or alleged to have been suffered) as a result of or
arising directly or indirectly out of the use or presence of the
Tenant or the Superior Landlord or the Landlord or the invitees
employees agents or assigns of either or both of them or
activities or omissions conducted in about or from or in
connection with the Demised Premises or otherwise concerning the
Demised Premises;
(ii) The cover required by Clause 3.24 (E) (i) shall:
(a) be maintained in such amounts as a prudent person
carrying on the business of the Tenant would effect
having regard to the nature occupation and location of
the Demised Premises but in any event shall until the
Satisfaction Date be for not less than
(pound)100,000,000;
(b) name the Superior Landlord the Landlord its directors
officers employees servants and agents in each case
carrying out the exercise of the Landlord's rights or
performance of the Landlord's obligations under this
SubLease or the Superior Landlord's rights or
performance of the Superior Landlord's obligations
under the Headlease as additional insureds;
(c) provide that the insurance effected pursuant to the
provisions of this Clause shall be primary and without
right of contribution from any other insurance effected
by any of the additional insureds;
(d) contain a cross liability provision to the effect that
coverage in respect of liability save for the limits of
liability shall operate to give each additional insured
the same protection as if there were a separate policy
issued to each additional insured; and
(e) provide that the Tenant alone and none of the
additional insureds shall be liable for any premiums in
respect of any such insurance;
(iii) The Tenant shall procure that the cover required by Clause
3.24(E)(i) shall provide that the Insurers shall waive all
lights of subrogation that the Insurers have or may acquire
against the Superior Landlord and the Landlord and its
respective directors officers employees servants and agents;
(F) To keep in effect throughout the Term in respect of the Tenant's
liability to its employees employer's liability insurance
providing for such indemnity and in such form as to comply with
the Employer's Liability (Compulsory Insurance) Act 1969 and any
succeeding statute imposing similar obligations upon employers;
(G) (i) To procure that all insurance policies required to be
effected by this Clause 3.24 shall contain a provision preventing
the material alteration of or the invalidation termination or
cancellation of the policy in whole or in part without at least
thirty days' prior written notice having been given to the
Superior Landlord;
(ii) To use its best endeavours to procure that all Insurance
policies required to be effected by this Clause 3.24 shall to the
extent covetable in the insurance market contain a provision that
the indemnity granted to any additional insured shall not be
defeated prejudiced or otherwise affected by any act omission
neglect or breach of any warranty declaration or condition on the
part of any other insured party and shall insure the interests of
each additional insured as they appear regardless of any
misrepresentation non-disclosure want of due diligence act or
omission on the part of any other insured party;
(H) (i) From time to time on written request by the Landlord or the
Superior Landlord (but not more than once in any year to each of
them without good cause) to produce to the Landlord and the
Superior Landlord written confirmation from the Insurers of the
terms of every insurance policy required at that time to be
effected under this Clause 3.24 and the fact that all such
policies are subsisting and in effect and that all current
premiums have been paid and (if requested) a copy of all such
policies;
(ii) At its own expense to arrange for certification to be made
to the Superior Landlord and the Landlord by the Insurers or the
Tenant's insurance brokers (who shall be insurance brokers of
repute) in such format as is reasonably acceptable to the
Superior Landlord and the Landlord on the occasion of each
renewal or replacement of any
insurance required hereunder (but in any event at intervals not
exceeding twelve months) as to the existence and scope of all
insurances effected in compliance with this Clause 3.24;
(iii) To retain in safe custody all placing slips certificates
cover notices renewal receipts and/or confirmation of renewals
correspondence and policies with regard to any insurance required
to be effected by this Sub-Lease which are in or shall come into
the possession of the Tenant and upon request to permit the
Superior Landlord and the Landlord (or the Superior Landlord's
and the Landlord's duly authorised representatives) to inspect
the same at the Superior Landlord's or the Landlord's expense and
upon the written request of the Superior Landlord or the Landlord
promptly to deliver copies thereof to the Superior Landlord or
the Landlord;
(I) To use its best endeavours to procure in respect of the
insurances required under this Clause 3.24 that the Tenant's
insurance brokers or (in the absence of such brokers) a
representative of the Tenant to be approved by the Superior
Landlord (acting reasonably) shall as soon as reasonably
practicable but without delay advise the Superior Landlord in
writing upon becoming aware of:
(i) any underwriter or Insurer cancelling or giving notice of
cancellation of any insurance required hereunder;
(ii) any actual or proposed material alteration to or termination
cancellation or expiry (in the latter case which is not
immediately followed by renewal upon the same terms with the
same insurers) of any insurance required hereunder;
(iii) any default in the payment of any premium or failure of the
Tenant to instruct its brokers to renew any insurance
required hereunder; and
(iv) any act or omission of the Tenant or any third party or of
any event of which they have knowledge and which in their
reasonable assessment may have a material impact on the
cover provided under any insurance provided hereunder;
(J) If the Tenant shall fail to effect any insurance or to pay any
premium or premiums thereunder which (for the time being) it is
obliged to do hereunder the Landlord may (without being bound so
to do) effect any such insurance or pay any such premium or
premiums in such manner and to such extent as it thinks fit and
the costs thereof shall be immediately due and payable by the
Tenant as a debt due on demand.
3.25 TO INDEMNIFY THE LANDLORD
Without prejudice to the specific indemnities contained in this
Sub-Lease to indemnify the Landlord on an after-tax basis and keep it
indemnified on an after-tax basis against:
(A) all actions claims demands liabilities costs losses damages
proceedings (whether civil or criminal) penalties fines charges
taxes levies or duties (other than corporation tax in respect of
income or retained gains or other profits derived by the Landlord
from the Demised Premises) or other sanctions and judgments costs
(including legal costs on a full indemnity basis) and expenses of
whatsoever nature whether direct or indirect (hereinafter
referred to as losses) which may result or which the Landlord may
suffer incur or sustain (other than as a result of any breach by
the Landlord of any of its covenants contained in this SubLease)
either directly or indirectly in any manner in connection with or
arising out of this Sub-Lease (other than tax consequences
arising from the grant of this Sub-Lease) or the Demised
Premises; and
(B) any obligation or liability (except as regards payment of the
sums referred to in Clause 3.25 (A)) which it may have and which
is not effectively discharged by it or others to third parties in
respect of or in any way whatsoever either directly or indirectly
in any manner in connection with the use or state or condition of
the Demised Premises during the Term (other than corporation tax
charged on the income or retained gains or other profits derived
by the Landlord from the Demised Premises); and
(C) all losses which may at any time be made or claimed against or
incurred suffered or sustained by the Landlord and arising either
directly or indirectly in any manner out of any alterations
additions repairs or development from time to time carried out on
the Demised Premises during the Term; and
(D) all losses which may at any time be made or claimed against the
Landlord by the Tenant or by any employee servant agent or
contractor of the Tenant or any third party or parties or by
their respective dependents arising either directly or indirectly
in any manner out of the ownership operation use occupation
maintenance or demise of the Demised Premises during the Term or
the construction of the Demised Premises whether such losses may
be attributable to any defect in the Demised Premises or
otherwise and whether or not the Demised Premises or the relevant
part thereof is in the possession or control of the Tenant and
without prejudice to the generality of the foregoing the
provisions of this Clause shall extend to:
(i) claims of persons who have suffered or alleged that they
have suffered loss damage or injury in connection with
anything done or not done on the Demised Premises including
claims in connection with any substance emanating or
threatening to emanate from the Demised Premises; and
(ii) claims based on the doctrines of product liability or strict
liability or absolute liability in tort or imposed by
statute;
(E) all losses which may at any time be made or claimed against or
incurred suffered or sustained by the Landlord because of
ownership or demise of the Demised Premises or any part thereof
during the Term or construction of the Demised Premises or any
part thereof or the use thereof during the Term or because of any
design article or material therein or relating thereto or arising
from infringement or alleged infringement during the Term of
intellectual property or other rights;
(F) all losses which may at any time be made or claimed against or
incurred suffered or sustained by the Landlord and which arise
from any breach non-performance or non-observance of the Tenant's
covenants and other obligations under this Sub-Lease;
Provided that the Landlord shall (so far as practicable) take all
reasonable steps to mitigate any losses which it sustains or incurs
and which might give rise to a liability on the part of the Tenant
under this Clause 3.25 and Provided further that the Landlord shall
notify the Tenant of any claim brought against the Landlord which
might give rise to a claim under this Clause 3.25 within six months of
the Landlord becoming aware of the claim;
3.26 WAIVER
The Landlord shall not be liable to the Tenant (and the Tenant hereby
waives any claim it might otherwise have against the Landlord) for any
losses in respect of any injury loss or damage of whatsoever nature and
howsoever caused arising directly or indirectly out of or in connection
with the Demised Premises its design construction installation use
operation works of reinstatement or ownership or any related works;
3.27 CONTINUANCE
The indemnities contained in Clause 3.25 shall continue in full force
and effect notwithstanding the expiration or earlier determination of
the Term in respect of any losses (whenever suffered incurred or
sustained) resulting from any actor failure to act on the part of any
person (other than the Landlord) event state of affairs or other thing
occurring prior to the expiration or earlier determination of the Term;
3.28 BREACH OF HEADLEASE TERMS
Not to do or suffer or permit in relation to the Demised Premises any
act or thing which would or might cause the Landlord to be in breach of
the Headlease or which if done omitted or suffered or permitted by the
Landlord would or might constitute a breach of the covenants on the
part of the lessee and the conditions contained in the Headlease.
4. LANDLORD'S COVENANTS
The Landlord HEREBY COVENANTS with the Tenant while it owns the
reversion immediately expectant on the Term as follows:
4.1 QUIET ENJOYMENT
That the Tenant paying the rents hereby reserved and performing and
observing the covenants and agreements on the part of the Tenant
hereinbefore contained shall and may peaceably hold and enjoy the
Demised Premises during the Term without any interruption by the
Landlord or any person rightfully claiming through under or in trust
for it;
4.2 SUPERIOR LANDLORD'S CONSENT
To take all reasonable steps to obtain the consent of the Superior
Landlord wherever the Tenant makes application for any consent required
under this Sub-Lease where the consent of both the Landlord and the
Superior Landlord is needed by virtue of this Sub-Lease and the
Headlease.
4.3 ENFORCE THE HEADLEASE
At the request of the Tenant to take all reasonable steps to enforce
the covenants on the part of the Superior Landlord contained in the
Headlease.
5. PROVISOS
5.1 FORFEITURE
Prior to the Satisfaction Date:
(A) If the rents hereby reserved or any part thereof shall at any
time be in arrear for twenty-one days after the same shall have
been demanded by the Landlord; or
(B) If the Headlease is forfeited by the Superior Landlord pursuant
to Clause 5.1 of the Headlease; or
(C) If there shall be any Material Breach which has not been remedied
within two months of notice of the Material Breach having been
given to the Tenant by the Landlord; or
(D) If a Bankruptcy Order or an Administration Order is made in
respect of the Tenant or the Guarantor; or
(E) If a resolution is passed or an Order is made for the winding-up
of the Tenant or the Guarantor otherwise than a member's
voluntary winding up of a solvent company for the purpose of
amalgamation or reconstruction previously approved by the
Landlord (such approval not to be unreasonably withheld or
delayed) (the Landlord keeping confidential (save as required by
law) information it receives in connection with the Tenant's or
the Guarantor's application for such approval); or
(F) If a receiver or administrative receiver is appointed over the
whole or any part of the property assets or undertaking of the
Tenant or the Guarantor; or
(G) If the Tenant or the Guarantor is struck off the Register of
Companies or is dissolved or (being a corporation or company
incorporated outside Great Britain) is dissolved or ceases to
exist under the laws of the country or state of its
incorporation; or
(H) If the directors of the Tenant or the Guarantor make any proposal
under Section 1 of the Insolvency Act 1986 or the Tenant or the
Guarantor proposes or makes any agreement for the deferral
rescheduling or other readjustment (or proposes or makes a
general assignment or an arrangement or composition with or for
the benefit of the relevant creditors) of all of (or all of a
particular type of) its debts (or of any part which it will or
might otherwise be unable to pay when due) or a moratorium is
agreed or declared in respect of or affecting all or a material
part of (or of a particular type of) the debts of the Tenant or
the Guarantor provided that where such proposal agreement
assignment arrangement composition or moratorium relates to a
particular type of its debts or any part of its debts (as opposed
to all of its debts) the proposal agreement assignment
arrangement composition or moratorium is material to the Landlord
in the context of this Sub-Lease and the Tenant's or (as
appropriate) the Guarantor's business at the time
then and in any such case it shall be lawful for the Landlord at
any time thereafter to re-enter into and upon the Demised
Premises or any part thereof in the name of the whole and to have
again repossess and enjoy the Demised Premises as in their former
estate and thereupon the Term shall absolutely cease and
determine but without prejudice to any rights or remedies of the
Landlord in respect of any antecedent breach of any of the
covenants or conditions contained in this Sub-Lease and if the
Term shall so determine before the Satisfaction Date it shall be
as if the assignment of the Quota Rights contained in Clause 2
had not been made PROVIDED THAT nothing in this Clause shall
entitle the Landlord peaceably to re-enter the Demised Premises
without an order of the Court;
5.2 NO IMPLIED EASEMENTS
Neither the granting of this Sub-Lease nor anything herein contained
shall by implication of law or otherwise operate or be deemed to confer
upon the Tenant any easement right or privilege whatsoever over or
against any Adjoining Property or which would or might restrict or
prejudicially affect the future rebuilding alteration or development of
any Adjoining Property and the Landlord shall have the right at any
time to make such alterations to or to pull down-and rebuild or
redevelop any Adjoining Property as it may deem fit without obtaining
any consent from the Tenant;
5.3 NO RESTRICTIONS ON ADJOINING PROPERTY
Neither the granting of this Sub-Lease nor anything herein contained or
implied shall impose or be deemed to impose any restriction on the use
of any land or building not comprised in this Sub-Lease or give the
Tenant the benefit of or the right to enforce or to have enforced or to
prevent the release or
modification of any covenant agreement or condition entered into by any
purchaser from or by any lessee or occupier of the Landlord in respect
of property not comprised in this Sub-Lease or prevent or restrict in
any way the development of any land not comprised in this Sub-Lease;
5.4 NO COMPENSATION
Except where any Act of Parliament prohibits or modifies the right to
compensation being excluded or reduced by agreement neither the Tenant
nor any undertenant (whether immediate or derivative) shall be entitled
on quitting the Demised Premises or any part thereof to claim any
compensation from the Landlord under the Landlord and Tenant Act 1954
or any other Act of Parliament whether enacted before or after the date
hereof;
5.5 CESSER OF RENT
In case any Generating Set at the Demised Premises shall at any time
during the Term be so damaged or destroyed by any of the Insured Risks
as to render the Generating Set unfit for use then the portion of the
rent FIRST hereinbefore reserved and for the time being payable
hereunder which is allocated to the Generating Set in accordance with
the allocation set out in the Fourth Schedule shall be suspended until
the Generating Set shall again be rendered fit for use or until the
loss of rent insurance effected pursuant to Clause 3.24(B) shall be
exhausted (whichever shall be the earlier) but only to the extent that
proceeds of the loss of rent insurance effected under this Sub-Lease
are paid to the Landlord to reimburse the Landlord for the loss of such
rents,
5.6 NOTICES
(A) Any Notice or other communication required to be given or served
under or in connection with this Sub-Lease shall be in writing
and shall be sufficiently given or served If delivered or sent:
In the case of the Landlord to:
Eastern Merchant Properties Limited
Wherstead Park,
Wherstead
Ipswich
Suffolk IP99 2AQ
or to such other address in substitution therefor as is
notified in writing by the Landlord to the Tenant and the
Guarantor hereafter
In the case of the Tenant to:
Eastern Merchant Generation Limited
P.O. Box 40
Wherstead Park
Wherstead
Ipswich
Suffolk IP9 2AQ
Fax: 01473 553002
Attention: The Company Secretary
or to such other address in substitution therefor as is notified
in writing by the Tenant to the Landlord hereafter
In the case of the Guarantor to:
Eastern Group plc
PO Box 40
Wherstead Park
Wherstead
Ipswich
Suffolk IP9 2AQ
Fax: 01473 553002
Attention: The Company Secretary
or to such other address in substitution therefor as is notified
in writing by the Guarantor to the Landlord hereafter;
(B) Any such notice or other communication shall be delivered by hand
or sent by courier fax or prepaid first class post. If sent by
courier or fax such notice or communication shall conclusively be
deemed to have been given or served at the time of despatch in
the case of service in the United Kingdom or on the following
Business Day in the case of international service. If sent by
post such notice or communication shall conclusively be deemed to
have been received two Business Days from the time of posting in
the case of inland mail in the United Kingdom or three Business
Days from the time of posting in the case of international mail;
(C) In this Clause 5.6 Business Day means a day on which banks are
open for business in England (excluding Saturdays Sundays and
public holidays);
5.7 EXCLUSION OF S.62 LPA
The operation of Section 62 of the Law of Property Act 1925 shall be
excluded from this Sub-Lease and the only rights granted to the Tenant
are those expressly set out in this Sub-Lease and the Tenant shall not
by virtue of this Sub-Lease be deemed to have acquired or be entitled
to and the Tenant shall not during the Term acquire or become entitled
by any means whatsoever to any easement from or over or affecting any
other land or premises now or at any time hereafter belonging to the
Landlord and not comprised in this SubLease;
5.8 REPRESENTATION
The Tenant acknowledges that this Sub-Lease has not been entered into
in reliance wholly or partly on any warranty undertaking statement or
representation made by or on behalf of the Landlord except any such
warranty undertaking statement or representation that is expressly set
out in this SubLease and (so far as permitted by law) waives any remedy
in respect of any such warranties undertakings statements and
representations not expressly set out in this Sub-Lease;
5.9 WORKING DAYS
In the event that any payment to be made by the Tenant to the Landlord
hereunder falls due on a day being a Saturday or a Sunday or a day on
which banking institutions in England are authorised by law
to close and on which dealings are not carried on in the London
Interbank Market in Sterling then such payment shall be made on the
immediately preceding day not being such a day;
5.10 SEVERANCE
If any term or provision of this Sub-Lease is held to be illegal or
unenforceable in whole or in part under any enactment or rule of law
such term or provision or part shall to the extent be deemed not to
form part of this Sub-Lease but the enforceability of the remainder of
this Sub-Lease shall not be affected;
5.11 SUPPLY OF GOODS AND SERVICES ACT 1982
This Sub-Lease contains the whole agreement between the parties
relating to the subject matter of this Sub-Lease at the date hereof to
the exclusion of any terms which may be implied by law by the Supply of
Goods and Services Act 1982;
5.12 WITHHOLDINGS AND DEDUCTIONS
All sums payable under this Sub-Lease shall be paid free and clear of
all deductions or withholdings whatsoever save only as provided in this
Sub-Lease or as may be required by law and without abatement or set-off
(whether equitable or otherwise). If any deductions or withholdings are
required by law the party making the payment shall be obliged to pay
the other party such sums as will after such deduction or withholding
has been made leave the other party with the same amounts as it would
have been entitled to receive in the absence of any such requirement to
make a deduction or withholding;
6. GUARANTEE
The Guarantor covenants with the Landlord in the terms set out in the
Sixth Schedule.
In witness whereof this document has been executed as a Deed the day
and year first before written.
FIRST SCHEDULE
PARTICULARS OF THE DEMISED PREMISES
(A) The power station land and buildings known as West Burton Power
Station off Gainsborough Road near Retford Nottinghamshire in
part registered under title numbers NT248499 NT249030 and
NT291811 and shown for the purpose of identification only edged
red on the plan annexed hereto and marked "West Burton";
(B) The power station land and buildings known as Ironbridge Power
Station Build was Road Telford Shropshire and shown for the
purpose of identification only edged red on the plan annexed
hereto and marked "Ironbridge" and the land at Devil's Dingle
shown for the purpose of identification only edged red on the
plan annexed hereto and marked "Devil's Dingle";
(C) The power station land and buildings known as Rugeley B Power
Station Armitage Road Rugeley Staffordshire in part registered
under title numbers SF7714 and SF86718 and shown for the purpose
of identification only edged red on the plan annexed hereto and
marked "Rugeley B";
SECOND SCHEDULE
PART 1
RIGHTS GRANTED
In favour of the Tenant and its lessees agents and licensees and other persons
who now have or may hereafter be granted similar rights by the Tenant:
The right of passage and running of water telephone electricity telegraphic and
other services and supplies of whatever nature from and to the Demised Premises
through such of the Conduits currently serving the Demised Premises which are at
the date of this Sub-Lease in on or under the Adjoining Property and the right
at all reasonable times with or without workmen on giving reasonable notice
(except in an emergency) to the Superior Landlord to enter and remain upon those
parts of the Adjoining Property for the purpose of inspecting cleansing
repairing and maintaining such existing Conduits subject to the Tenant causing
the minimum disturbance and damage to the Adjoining Property which is reasonably
practicable and making good forthwith all damage caused thereby to the Adjoining
Property to the reasonable satisfaction of the Superior Landlord;
Provided that the Superior Landlord shall have the right at its own expense to
divert or relocate such Conduits to a reasonable alternative location and the
Tenant shall cooperate in respect thereof and shall (where appropriate) permit
the Superior Landlord to divert or relocate such Conduits in or under the
Demised Premises the Superior Landlord causing the minimum disturbance and
damage to the Demised Premises which is reasonably practicable and making good
forthwith all damage caused thereby to the Demised Premises to the reasonable
satisfaction of the Tenant.
PART 2
EXCEPTIONS AND RESERVATIONS OUT OF THE DEMISE
In favour of the Superior Landlord and its lessees agents and licensees and all
other persons who now have or may hereafter be granted similar rights by the
Landlord:
1. The right to erect or to consent hereafter to any person erecting a
new building or to alter any building for the time being on the
Adjoining Property in such manner as the Superior Landlord or the
person or persons exercising such right may think fit and
notwithstanding that such alteration or erection may diminish the
access of light and air enjoyed by the Demised Premises and the right
to deal with the Adjoining Property as it may think fit;
2. At all reasonable times so far as may be necessary or desirable with
or without workmen the right on giving reasonable notice (except in
emergency) to the Tenant to enter and remain upon the Demised Premises
with all necessary tools appliances and materials for the purpose of
carrying out construction or demolition work at the Adjoining Property
or repairing altering or rebuilding the Adjoining Property and to
cleanse empty remove replace and repair or carry out works to any of
the Conduits belonging to the same;
3. At all reasonable times until the Satisfaction Date but not thereafter
so far as may be necessary with or without workmen the right on giving
reasonable notice (except in emergency) to the Tenant to enter and
remain upon the Demised Premises with all necessary tools appliances
and materials for the purpose of repairing or rebuilding the Demised
Premises and to cleanse empty and repair any of the Conduits belonging
to the same where the Tenant is in breach of its obligations hereunder
in relation thereto;
4. The right to lay Conduits at the Demised Premises for the benefit of
any Adjoining Property and the right of passage and running of water
steam soil gas telephone electricity telegraphic
and other services and supplies of whatsoever nature from and to the
Adjoining Property through such of the Conduits serving the Adjoining
Property which now are or may before the expiration of a period of
eighty years from the date hereof (which is the Perpetuity Period
applicable to this Sub-Lease) be in on or under the Demised Premises
and the right at all reasonable times with or without workmen on
giving reasonable notice (except in emergency) to the Tenant to enter
and remain upon the Demised Premises for the purpose of laying
inspecting repairing renewing relaying cleansing maintaining and
connecting up to any such existing or future Conduits; Provided that
the Tenant shall have the right at its own expense to divert or
relocate such Conduits to a reasonable alternative location within the
Demised Premises and the Landlord shall co-operate in respect thereof.
Provided that the Landlord shall use all reasonable endeavours to
cause the minimum disturbance and damage to the Demised Premises which
is reasonably practicable in the exercise of the rights contained in
paragraphs 2, 3 and 4 of this Schedule and shall make good forthwith
all damage caused thereby to the Demised Premises to the reasonable
satisfaction of the Tenant.
THIRD SCHEDULE
DOCUMENTS WHICH AFFECT OR RELATE TO THE DEMISED PREMISES
(A) WEST BURTON POWER STATION:
- ------------------------------------------------------------------------------------------------
DATE DOCUMENT PARTIES
- ------------------------------------------------------------------------------------------------
I FREEHOLD DEEDS
- ------------------------------------------------------------------------------------------------
PART A
- ------------------------------------------------------------------------------------------------
23 December 1921 Conveyance Rt. Hon. Digby Wentworth
Bayard Baron Middleton and
others (1) F. Wright Esq. (2)
- ------------------------------------------------------------------------------------------------
1960 Abstract of Title Executors of F. Wright Deceased
- ------------------------------------------------------------------------------------------------
28 March 1961 Conveyance Personal Representatives of F.
Wright Deceased (1) to The
Central Generating Board
("CEGB") (2)
- ------------------------------------------------------------------------------------------------
PART B
- ------------------------------------------------------------------------------------------------
1960 Abstract of Title F.E. Warburton, Esq.
- ------------------------------------------------------------------------------------------------
9 May 1961 Conveyance F.E. Warburton (1) to CEGB (2)
- ------------------------------------------------------------------------------------------------
PART C
- ------------------------------------------------------------------------------------------------
1960 Abstract of Title R. Speed, Esq.
- ------------------------------------------------------------------------------------------------
25 April 1961 Conveyance R. Speed (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
PART D
- ------------------------------------------------------------------------------------------------
6 October 1921 Conveyance Rt. Hon. Digby Wentworth
Bayard, Baron Middleton and
others (1) Mr. J.B. Booth (2)
- ------------------------------------------------------------------------------------------------
9 June 1961 Deed Supplemental to Assent J.B. Brown Deceased
3.12.1956
- ------------------------------------------------------------------------------------------------
15 June 1961 Conveyance Mrs. E.M.W. Brown & Others
(1) CEGB (2)
- ------------------------------------------------------------------------------------------------
PART E
- ------------------------------------------------------------------------------------------------
30 December 1921 Copy Conveyance Baron Middleton & Others (1)
T.H. Atkinson (2)
- ------------------------------------------------------------------------------------------------
6 July 1961 Acknowledgement R. Collier, Esq.
- ------------------------------------------------------------------------------------------------
6 July 1961 Conveyance R. Collier, Esq. (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
PART F
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
DATE DOCUMENT PARTIES
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
1960 Abstract of Title Personal Representative of Mr.
Frederick Hill
- ------------------------------------------------------------------------------------------------
22 June 1961 Acknowledgement Midland Bank Executors and
Trustee Co. Ltd. (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
22 June 1961 Conveyance Personal Representative of F. Hill
Deceased (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
PART G
- ------------------------------------------------------------------------------------------------
1961 Abstract of Title J.W. Baddiley
- ------------------------------------------------------------------------------------------------
17 July 1961 Conveyance J.W. Baddiley (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
PART H
- ------------------------------------------------------------------------------------------------
13 September 1949 Conveyance J.B. Brown (1) J.A. Forrest (2)
- ------------------------------------------------------------------------------------------------
18 April 1961 Conveyance Mr. J.A. Forrest (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
PART I
- ------------------------------------------------------------------------------------------------
1947 Abstract of Title J.W. Muntus
- ------------------------------------------------------------------------------------------------
10 May 1961 Conveyance P.E. Muntus (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
PART J
- ------------------------------------------------------------------------------------------------
1960 Abstract Title
- ------------------------------------------------------------------------------------------------
4 December 1961 Conveyance Murgatroyd (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
PART K
- ------------------------------------------------------------------------------------------------
1961 Abstract of Title
- ------------------------------------------------------------------------------------------------
20 November 1961 Conveyance Personal Representatives of
E.W.S. Foljambe (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
PART L
- ------------------------------------------------------------------------------------------------
24 November 1961 Conveyance BTC (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
PART M
- ------------------------------------------------------------------------------------------------
1948 Abstract of Title
- ------------------------------------------------------------------------------------------------
25 April 1961 Conveyance Bland (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
PART N
- ------------------------------------------------------------------------------------------------
1966 Abstract of Title
- ------------------------------------------------------------------------------------------------
1 July 1966 Conveyance Nottingham County Council (1)
CEGB (2)
- ------------------------------------------------------------------------------------------------
PART P
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
DATE DOCUMENT PARTIES
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
Entries on the registers of
title number NT248499
- ------------------------------------------------------------------------------------------------
PART Q
- ------------------------------------------------------------------------------------------------
12 September 1989 Contract C. Brown (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
Entries on the registers of
title number NT249030
- ------------------------------------------------------------------------------------------------
PART R
- ------------------------------------------------------------------------------------------------
Entries on the registers of
title number NT291811
- ------------------------------------------------------------------------------------------------
AS TO WHOLE
- -----------------------------------------------------------------------------------
26 October 1962 Highway Diversion Order
- ------------------------------------------------------------------------------------------------
1 November 1990 Government Debenture Deed Secretary of State for Energy (1)
National Power PLC (2)
- ------------------------------------------------------------------------------------------------
20 June 1996 Conveyance National Power PLC (1) Severn
Trent Water Ltd. (2)
- ------------------------------------------------------------------------------------------------
II CONSENTS LICENCES AND
WAYLEAVES
- ------------------------------------------------------------------------------------------------
13 June 1961 Wayleave Order Minister of Public
- ------------------------------------------------------------------------------------------------
4 October 1963 Notice of abandonment of
oil pipeline Minister of Public
pipeline
- ------------------------------------------------------------------------------------------------
16 June 1994 Wayleave East Midlands Electricity plc (1)
National Power PLC (2)
- ------------------------------------------------------------------------------------------------
28 October 1976 Sidings Agreement British Railways Board (1) CEGB
(2)
- ------------------------------------------------------------------------------------------------
17 February 1995 BT Wayleave British Telecom Plc (1) National
Power PLC (2)
- ------------------------------------------------------------------------------------------------
16 September 1993 Section 106 Agreement Nottingham County Council (1)
National Power PLC (2)
- ------------------------------------------------------------------------------------------------
22 November 1966 Deed of Grant Crown Estates (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
20 June 1996 Deed of Grant National Power PLC (1) Severn
Trent Water Ltd. (2)
- ------------------------------------------------------------------------------------------------
III. LEASES AND LICENSES
- ------------------------------------------------------------------------------------------------
31 March 1990 Lease National Power PLC (1) The
National Grid Company Plc
("NGC") (2)
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
DATE DOCUMENT PARTIES
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
29 September 1994 Tenancy National Power PLC (1)
P D & R E Warburton (2)
- ------------------------------------------------------------------------------------------------
22 March 1995 Grazing Licence National Power PLC (1)
A.R. Baker (2)
- ------------------------------------------------------------------------------------------------
22 March 1995 Grazing License National Power PLC (1)
C. G. Rowles Nicholson (2)
- ------------------------------------------------------------------------------------------------
22 March 1995 Grazing Licence National Power PLC (1)
D.B. Brown (2)
- ------------------------------------------------------------------------------------------------
13 December 1993 Agricultural Licence National Power PLC (1)
C.G. Rowles Nicholson (2)
- ------------------------------------------------------------------------------------------------
26 June 1996 Supplemental Lease National Power PLC (1) NGC (2)
- ------------------------------------------------------------------------------------------------
26 June 1996 Deed of Variation National Power PLC (1) NGC (2)
- ------------------------------------------------------------------------------------------------
25 June 1996 Lease National Power PLC (1) Ash
Resources Limited (2)
- ------------------------------------------------------------------------------------------------
IV. THE TRANSFER SCHEME
DOCUMENTS
- ------------------------------------------------------------------------------------------------
30 March 1990 Licence to Retain Assets CEGB (1) East Midlands
Electricity Board (2)
- ------------------------------------------------------------------------------------------------
30 March 1990 Interface Agreement CEGB (1) East Midlands
Electricity Board (2)
- ------------------------------------------------------------------------------------------------
31 March 1990 Interface Agreement National Power PLC (1) NGC (2)
- ------------------------------------------------------------------------------------------------
31 March 1990 Deed of Easement for Lines National Power PLC (1) to NGC
and Cables (2)
- ------------------------------------------------------------------------------------------------
I FREEHOLD DEEDS
- ------------------------------------------------------------------------------------------------
AS TO PART A
- ------------------------------------------------------------------------------------------------
8 August 1928 Conveyance H.R. Moseley (1) H.G. Archer &
G. Elliott (2) WMJEA (3)
- ------------------------------------------------------------------------------------------------
10 September 1928 Letter
- ------------------------------------------------------------------------------------------------
15 October 1928 Agreement F.G. Fowler (1) WMJEA (2)
- ------------------------------------------------------------------------------------------------
15 October 1928 Agreement W. Bishop (1) WMJEA (2)
- ------------------------------------------------------------------------------------------------
15 October 1928 Agreement W.W. Parkes (1)
WMJEA (2)
- ------------------------------------------------------------------------------------------------
15 October 1928 Agreement E Morgan (1) WMJEA (2)
- ------------------------------------------------------------------------------------------------
15 October 1928 Agreement E Hobson (1) WMJEA (2)
- ------------------------------------------------------------------------------------------------
23 October 1928 Agreement F.M. Cope-Darby (1) WMJEA
(2)
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
DATE DOCUMENT PARTIES
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
30 July 1965 Conveyance CEGB (1) F. Lee & J. Lee (2)
- ------------------------------------------------------------------------------------------------
AS TO PART B
- ------------------------------------------------------------------------------------------------
1964 Examined Abstract of Title
- ------------------------------------------------------------------------------------------------
16 October 1964 Conveyance E.G. Wilkes (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
26 August 1982 Conveyance CEGB (1) Mr. and Mrs. J. A.
Owen (2)
- ------------------------------------------------------------------------------------------------
24 June 1859 Deed of Release and E. Moseley & Others (1) Severn
Disentailing Assurance Valley Railway Company (2) and
W. Moseley (1) Severn Valley
Railway Company (2)
- ------------------------------------------------------------------------------------------------
24 March 1860 Disentailing Assurance W. Moseley (1) Severn Junction
Railway Co. (2)
- ------------------------------------------------------------------------------------------------
16 April 1929 Agreement Great Western Railway Co. (1)
F. Woodgates (2)
- ------------------------------------------------------------------------------------------------
1947 Examined Abstract of Title
- ------------------------------------------------------------------------------------------------
26 January 1953 Agreement BTC (1) R.H.V. Drury (2)
- ------------------------------------------------------------------------------------------------
30 March 1966 Conveyance R.H.V. Drury (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
9 March 1976 Agreement CEGB (1) A. Shropshire & J.
Jones (2)
- ------------------------------------------------------------------------------------------------
24 September 1986 Duplicate Conveyance CEGB (1) Mr. and Mrs. M. Kay
(2)
- ------------------------------------------------------------------------------------------------
8 May 1980 Conveyance CEGB (1) Shropshire County
Council (2)
- ------------------------------------------------------------------------------------------------
5 February 1986 Letter Nature Conservancy Council
- ------------------------------------------------------------------------------------------------
28 March 1991 Conveyance M. Roberts & Others (1)
National Power PLC (2)
- ------------------------------------------------------------------------------------------------
20 December 1995 Conveyance National Power PLC (1) R.H.
Jones (2)
- ------------------------------------------------------------------------------------------------
AS TO PART D
- ------------------------------------------------------------------------------------------------
16 November 1925 Guardianship Deed Commissioners for Works (1)
Moseley (2)
- ------------------------------------------------------------------------------------------------
1928 Examined Abstract of Title
- ------------------------------------------------------------------------------------------------
8 August 1928 Conveyance H. Moseley (1) WMJEA (2)
- ------------------------------------------------------------------------------------------------
27 September 1948 Agreement BTC (1) J.B. Carr (2)
- ------------------------------------------------------------------------------------------------
2 June 1961 Guardianship Deed H.R. Moseley (1) Commissioners
for Works (2)
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
DATE DOCUMENT PARTIES
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
1 March 1963 Conveyance J.B. Carr (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
8 May 1980 Conveyance CEGB (1) Shropshire County
Council (2)
- ------------------------------------------------------------------------------------------------
10 April 1981 Notice of Ancient Monument Secretary of State for the
Environment
- ------------------------------------------------------------------------------------------------
11 May 1994 Deed of Exchange National Power PLC (1)
The Secretary of State for
National Heritage (2)
- ------------------------------------------------------------------------------------------------
11 February 1994 Duplicate Conveyance National Power PLC (1)
Shropshire County Council (2)
- ------------------------------------------------------------------------------------------------
9 February 1984 Subsidiary Vesting Deed CEGB (1) F.W. Carder & Others
(2)
- ------------------------------------------------------------------------------------------------
21 December 1995 Deed of Guardianship National Power PLC (1)
Secretary of State for National
Heritage (2)
- ------------------------------------------------------------------------------------------------
AS TO PART E
- ------------------------------------------------------------------------------------------------
28 October 1859 Conveyance Rt. Hon. Lord Forester (1)
Severn Valley Railway Co. (2)
- ------------------------------------------------------------------------------------------------
24 March 1860 Conveyance W. Moseley (1) Severn Junction
Railway Co. (2)
- ------------------------------------------------------------------------------------------------
18 October 1881 Conveyance W. Moseley (1) The Wenlock
Railway Co. (2)
- ------------------------------------------------------------------------------------------------
1 March 1941 Agreement Salop County Council (1) Great
Western Railway Company (2)
- ------------------------------------------------------------------------------------------------
15 January 1953 Agreement BTC (1) H.A.L. Price (2)
- ------------------------------------------------------------------------------------------------
16 December 1966 Conveyance British Railways Board (1) CEGB
(2)
- ------------------------------------------------------------------------------------------------
AS TO PART F
- ------------------------------------------------------------------------------------------------
1964 Examined Abstract of Title
- ------------------------------------------------------------------------------------------------
5 May 1967 Conveyance W.A.E. Pryce (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
AS TO PART G
- ------------------------------------------------------------------------------------------------
1966 Examined Abstract of Title H.G. Passey
- ------------------------------------------------------------------------------------------------
8 August 1968 Conveyance H.G. Passey (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
AS TO PART H
- ------------------------------------------------------------------------------------------------
1954 Examined Abstract of Title
- ------------------------------------------------------------------------------------------------
23 May 1967 Conveyance F.R. Coldicutt (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
DATE DOCUMENT PARTIES
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
AS TO PART I
- ------------------------------------------------------------------------------------------------
1928 Abstract of Title H.R. Moseley (1) H.G. Archer &
Another (2) F. Woodgates (3)
- ------------------------------------------------------------------------------------------------
7 July 1930 Conveyance F. Woodgates (1) M. Gilmore (2)
- ------------------------------------------------------------------------------------------------
27 January 1934 Agreement H.R. Moseley (1) M. Gilmore
- ------------------------------------------------------------------------------------------------
21 August 1942 Agreement J. Stokes (1) H. Gilmore (2)
- ------------------------------------------------------------------------------------------------
20 September 1968 Conveyance P.R. Gilmore (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
AS TO PART J
- ------------------------------------------------------------------------------------------------
24 December 1929 Conveyance F. Woodgates (1) L.M. Mason
(2)
- ------------------------------------------------------------------------------------------------
26 August 1968 Conveyance L.M. Mason (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
AS TO PART K
- ------------------------------------------------------------------------------------------------
18 January 1929 Conveyance F. Woodgates (1) H. Gilmore (2)
- ------------------------------------------------------------------------------------------------
7 November 1969 Land Charges Search G1060269
- ------------------------------------------------------------------------------------------------
20 November 1969 Deed of Exchange CEGB (1) L.E. Gilmore (2)
- ------------------------------------------------------------------------------------------------
AS TO PART L
- ------------------------------------------------------------------------------------------------
27 February 1970 Deed of Exchange CEGB (1) E.H. Gilmore (2)
- ------------------------------------------------------------------------------------------------
AS TO PART M
- ------------------------------------------------------------------------------------------------
25 September 1956 Conveyance E.C. Baillie & Another (1) E.G.
Wilkes (2)
- ------------------------------------------------------------------------------------------------
4 August 1969 Conveyance E.G. Wilkes (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
AS TO PART N
- ------------------------------------------------------------------------------------------------
1 June 1934 Conveyance J. Todd (1) Hon. Hamilton
Russell (2)
- ------------------------------------------------------------------------------------------------
8 April 1970 Conveyance Coates of Kidderminster Ltd. (1)
CEGB (2)
- ------------------------------------------------------------------------------------------------
AS TO PART O
- ------------------------------------------------------------------------------------------------
10 January 1947 Conveyance J. Stokes & Another (1) M.A.
Gilmore (2)
- ------------------------------------------------------------------------------------------------
25 January 1955 Conveyance J.B. Carr (1) L.D.M. Whitney
(2)
- ------------------------------------------------------------------------------------------------
17 January 1972 Conveyance E.H. Gilmore (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
AS TO PART P
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
DATE DOCUMENT PARTIES
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
1951 Examined Abstract of Title
- ------------------------------------------------------------------------------------------------
4 May 1976 Conveyance Mr. and Mrs. F. Lee (1) CEGB
- ------------------------------------------------------------------------------------------------
AS TO PART Q
- ------------------------------------------------------------------------------------------------
5 July 1967 Conveyance British Railways Board (1) A.J.
Heritage (2)
- ------------------------------------------------------------------------------------------------
13 December 1928 Conveyance F Woodgates (1) GWR Company
(2)
- ------------------------------------------------------------------------------------------------
11 March 1974 Conveyance British Railways Board (1) CEGB
(2)
- ------------------------------------------------------------------------------------------------
11 May 1994 Deed of Exchange National Power PLC (1) The
Secretary of State for National
Heritage (2)
- ------------------------------------------------------------------------------------------------
AS TO PART R
- ------------------------------------------------------------------------------------------------
11 May 1994 Deed of Exchange National Power PLC (1) The
Secretary of State for National
Heritage (2)
- ------------------------------------------------------------------------------------------------
AS TO WHOLE
- ------------------------------------------------------------------------------------------------
1 December 1990 Government Debenture Deed Secretary of State for Energy (1)
National Power PLC (2)
- ------------------------------------------------------------------------------------------------
II LICENCES AND
EASEMENTS
- ------------------------------------------------------------------------------------------------
10 March 1931 Agreement Great Western Railway Co (1)
WMJEA (2)
- ------------------------------------------------------------------------------------------------
5 April 1938 Agreement Great Western Railway Co (1)
WMJEA (2)
- ------------------------------------------------------------------------------------------------
11 December 1940 Agreement Great Western Railway Co (1)
WMJEA (2)
- ------------------------------------------------------------------------------------------------
9 April 1957 Wayleave CEA (1) Post Office (2)
- ------------------------------------------------------------------------------------------------
28 March 1964 Agreement Atcham RDC (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
1 April 1965 Agreement for Domestic W Shropshire Water
1 January 1970 Water Supply Board (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
14 August 1964 Agreement for Dedication of CEGB (1) Salop County Council
Land for Highway Purposes (2)
- ------------------------------------------------------------------------------------------------
15 June 1966 Licence to Impound and Severn River Authority (1) CEGB
Inland Water (2)
- ------------------------------------------------------------------------------------------------
15 July 1966 Deed of Easement A.L. Lowe (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
DATE DOCUMENT PARTIES
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
27 July 1966 Deed of Easement P.J. Garvey (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
27 May 1980 Wayleave Midlands Electricity Board (1)
CEGB (2)
- ------------------------------------------------------------------------------------------------
24 March 1969 Deed of Covenant CEGB (1) Mr. and Mrs. F. Lee
(2)
- ------------------------------------------------------------------------------------------------
11 October 1972 Sidings Agreement BRB (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
July 1976 Wayleave CEGB (1) The Post Office (2)
- ------------------------------------------------------------------------------------------------
4 May 1976 Duplicate Deed of Grant of CEGB (1) Shropshire County
Easement Council (2)
- ------------------------------------------------------------------------------------------------
8 May 1980 Deed of Grant of Easement CEGB (1) Shropshire County
Council (2)
- ------------------------------------------------------------------------------------------------
21 September 1984 Deed of Variation CEGB (1) Shropshire County
Council (2)
- ------------------------------------------------------------------------------------------------
2 March 1983 Deed of Grant of Easement Mr. and Mrs. O.E. Wood (1)
CEGB (2)
- ------------------------------------------------------------------------------------------------
25 June 1982 Deed of Grant of Easement J.E. Arthur (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
25 June 1982 Consent of Grant of
Easement R.D. Reynolds (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
2.4.1982 Deed of Easement Mr. Passey (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
2.2.1982 Consent of Easement A. Ratcliffe and others (1) CEGB
(2)
- ------------------------------------------------------------------------------------------------
11 August 1982 Deed of Grant of Easement M. Berkeley (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
4 February 1982 Deed of Covenant M. Passey & Another (1) CEGB
(2)
- ------------------------------------------------------------------------------------------------
29 December 1962 Deed of Covenant H.G. Passey (1) The Agricultural
Mortgage Corporation Limited (2)
CEGB (3)
- ------------------------------------------------------------------------------------------------
10 December 1954 Wayleave Post Office (1) CEA (2)
- ------------------------------------------------------------------------------------------------
27 June 1979 Deed of Covenant E. Passey (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
III. LEASES
- ------------------------------------------------------------------------------------------------
25 January 1973 Lease CEGB (1) J. Aitchison (2)
- ------------------------------------------------------------------------------------------------
*30 March 1990 Lease CEGB (1) Midland Electricity
Board (2)
- ------------------------------------------------------------------------------------------------
2 November 1990 Deed of Confirmation National Power PLC (1)
Midlands Electricity PLC (2)
- ------------------------------------------------------------------------------------------------
*31 March 1990 Lease National Power PLC (1) The
National Grid Company plc (2)
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
DATE DOCUMENT PARTIES
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
20 September 1983 Lease CEGB (1) Severn Trent Water
Authority (2)
- ------------------------------------------------------------------------------------------------
9 March 1976 Counterpart Agricultural
Tenancy National Power PLC (1) A.E.
Shropshire and J.K. Jones (2)
- ------------------------------------------------------------------------------------------------
15 April 1996 Grazing Licence National Power PLC (1)
M. Aitchison (2)
- ------------------------------------------------------------------------------------------------
15 April 1996 Grazing Licence National Power PLC (1)
R. Lewis (2)
- ------------------------------------------------------------------------------------------------
15 April 1996 Grazing Licence National Power PLC (1)
R. Lewis (2)
- ------------------------------------------------------------------------------------------------
20 December 1995 Deed National Power PLC (1)
J.K. Jones (2)
- ------------------------------------------------------------------------------------------------
26 June 1996 Supplemental Lease and Deed National Power PLC (1)
of Variation NGC (2)
- ------------------------------------------------------------------------------------------------
IV. TRANSFER SCHEME
DOCUMENTS
- ------------------------------------------------------------------------------------------------
31 March 1990 Interface Agreement The National Grid Company plc
(1)
National Power PLC (2)
- ------------------------------------------------------------------------------------------------
31 March 1990 Deed of Grant National Power PLC (1)
The National Grid Company plc
(2)
- ------------------------------------------------------------------------------------------------
30 March 1990 Licence to Retain Assets National Power PLC (1)
Midlands Electricity Board (2)
- ------------------------------------------------------------------------------------------------
30 March 1990 Interface Agreement National Power PLC (1)
Midlands Electricity Board (2)
- ------------------------------------------------------------------------------------------------
(C) RUGELEY B POWER
STATION:
- ------------------------------------------------------------------------------------------------
AS TO PART A
- ------------------------------------------------------------------------------------------------
21 November 1923 Conveyance Trustees of Earl of Shrewsbury &
Earl Talbot (1) B Neville (2)
- ------------------------------------------------------------------------------------------------
16 October 1953 Conveyance W.E. Dunnicliffe (1)
BEA (2)
- ------------------------------------------------------------------------------------------------
AS TO PART B
- ------------------------------------------------------------------------------------------------
7 December 1953 Conveyance Earl of Shrewsbury (1)
BEA (2)
- ------------------------------------------------------------------------------------------------
14 April 1965 Deed of Exchange CEGB (1) NCB (2)
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
DATE DOCUMENT PARTIES
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
26 August 1955 The BEA (Langley Common)
CPO 1954
- ------------------------------------------------------------------------------------------------
AS TO PART C
- ------------------------------------------------------------------------------------------------
24 December 1953 Conveyance H. Clarke (1) BEA (2)
- ------------------------------------------------------------------------------------------------
14 April 1965 Deed of Exchange CEGB (1) NGC (2)
- ------------------------------------------------------------------------------------------------
22 January 1986 Transfer Deed CEGB (1) National Coal Board
(2)
- ------------------------------------------------------------------------------------------------
26 August 1955 The BEA (Langley Common)
CPO 1954
- ------------------------------------------------------------------------------------------------
AS TO PART D
- ------------------------------------------------------------------------------------------------
1953 Examined Abstract of Title
and Supplemental Abstract
- ------------------------------------------------------------------------------------------------
16 October 1953 Conveyance H.I. Meanley (1) BEA (2)
- ------------------------------------------------------------------------------------------------
AS TO PART E
- ------------------------------------------------------------------------------------------------
1953 Examined Abstract of Title
- ------------------------------------------------------------------------------------------------
4 June 1954 Conveyance The Shrewsbury & Wem Brewery
Company & Others (1)
BEA (2)
- ------------------------------------------------------------------------------------------------
14 April 1965 Deed of Exchange CEGB (1) National Coal Board
(2)
- ------------------------------------------------------------------------------------------------
22 January 1986 Transfer Deed CEGB (1) National Coal Board
(2)
- ------------------------------------------------------------------------------------------------
AS TO PART F
- ------------------------------------------------------------------------------------------------
28 October 1954 Conveyance A.C. Caddick (1) BEA (2)
- ------------------------------------------------------------------------------------------------
AS TO PART G
- ------------------------------------------------------------------------------------------------
1954 Examined Abstract of Title
- ------------------------------------------------------------------------------------------------
6 December 1954 Conveyance S. Craddock (1) BEA (2)
- ------------------------------------------------------------------------------------------------
AS TO PART H
- ------------------------------------------------------------------------------------------------
24 June 1946 Conveyance H.C. Ridout (1)
Rugeley UDC (2)
- ------------------------------------------------------------------------------------------------
8 February 1963 Conveyance Rugeley UDC (1)
CEGB (2)
- ------------------------------------------------------------------------------------------------
AS TO PART I
- ------------------------------------------------------------------------------------------------
1963 Examined Abstract of Title
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
DATE DOCUMENT PARTIES
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
22 June 1963 Conveyance F. Smith (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
19 January 1981 Transfer Deed CEGB (1) British Waterways
Board (2)
- ------------------------------------------------------------------------------------------------
20 May 1985 Conveyance CEGB (1) National Coal Board
(2)
- ------------------------------------------------------------------------------------------------
7 May 1986 Deed of Rectification CEGB (1) National Coal Board
(2)
- ------------------------------------------------------------------------------------------------
AS TO PART J
- ------------------------------------------------------------------------------------------------
29 August 1949 Conveyance W.T. Punchard (1) S.J. Taylor
(2)
- ------------------------------------------------------------------------------------------------
3 November 1964 Conveyance S.J. Taylor (1) CEGB (2)
- ------------------------------------------------------------------------------------------------
AS TO PART K
- ------------------------------------------------------------------------------------------------
9 April 1956 Conveyance S.J. Taylor (1) G.A. Rutter (2)
- ------------------------------------------------------------------------------------------------
15 January 1965 Conveyance H. Bradshaw & E. Green (1)
CEGB (2)
- ------------------------------------------------------------------------------------------------
AS TO PART L
- ------------------------------------------------------------------------------------------------
31 January 1966 Conveyance CEGB (1) B.G. Gould (2)
- ------------------------------------------------------------------------------------------------
19 September 1972 Conveyance CEGB (1) Rugeley UDC (2)
- ------------------------------------------------------------------------------------------------
16 March 1977 Conveyance CEGB (1) M.J. Gleeson Ltd. (2)
- ------------------------------------------------------------------------------------------------
4 November 1977 Conveyance CEGB (1) ABI Properties Ltd.
(2)
- ------------------------------------------------------------------------------------------------
30 June 1978 Conveyance CEGB (1) Impetus Engineering
Ltd. (2)
- ------------------------------------------------------------------------------------------------
20 December 1978 Conveyance CEGB (1) Siaco Ltd. (2)
- ------------------------------------------------------------------------------------------------
AS TO PART M
- ------------------------------------------------------------------------------------------------
2 June 1954 Conveyance S. Johnson (1)
A. Parker & Sons Ltd. (2)
- ------------------------------------------------------------------------------------------------
24 February 1965 Conveyance A. Parker & Sons Ltd. (1) CEGB
(2)
- ------------------------------------------------------------------------------------------------
19 September 1972 Conveyance CEGB (1) Rugeley UDC (2)
- ------------------------------------------------------------------------------------------------
AS TO PART N
- ------------------------------------------------------------------------------------------------
9 October 1912 Conveyance H. Sharratt (1) Rugeley
UDC (2)
- ------------------------------------------------------------------------------------------------
6 June 1961 Licence NCB (1) Rugeley UDC (2)
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
DATE DOCUMENT PARTIES
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
13 April 1965 Conveyance Rugeley UDC (1)
CEGB (2)
- ------------------------------------------------------------------------------------------------
AS TO PART O
- ------------------------------------------------------------------------------------------------
1958 Examined Abstract of Title
- ------------------------------------------------------------------------------------------------
14 April 1965 Deed of Exchange CEGB (1) NCB (2)
- ------------------------------------------------------------------------------------------------
AS TO PART P
- ------------------------------------------------------------------------------------------------
29 July 1966 Conveyance Official Custodian for Charities
(1) Stafford County Council (2)
CEGB (3)
- ------------------------------------------------------------------------------------------------
AS TO PART Q
- ------------------------------------------------------------------------------------------------
30 May 1952 Conveyance C.B. Walker (1)
National Coal Board (2)
- ------------------------------------------------------------------------------------------------
14 April 1953 Conveyance R. Gates (1) National Coal Board
(2)
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
23 September 1953 Conveyance A. Parker (1) National Coal
Board (2)
- ------------------------------------------------------------------------------------------------
18 June 1952 Conveyance Earl of Shrewsbury (1)
National Coal Board (2)
- ------------------------------------------------------------------------------------------------
30 November 1951 Conveyance F. Ridout (1) National Coal
Board (2)
- ------------------------------------------------------------------------------------------------
31 May 1954 Conveyance T. Swan & Co. (1)
National Coal Board (2)
- ------------------------------------------------------------------------------------------------
8 April 1952 Conveyance A. Parker (1) National Coal
Board (2)
- ------------------------------------------------------------------------------------------------
4 September 1952 Conveyance A. Caddick (1)
National Coal Board (2)
- ------------------------------------------------------------------------------------------------
24 January 1953 Conveyance M.J. Richard (1)
National Coal Board (2)
- ------------------------------------------------------------------------------------------------
5 July 1957 Conveyance Official Trustee Charities (1)
National Coal Board (2)
- ------------------------------------------------------------------------------------------------
5 August 1966 Conveyance National Coal Board (1)
CEGB (2)
- ------------------------------------------------------------------------------------------------
Various Easements for lines and
cables Midlands Electricity Board (1)
Various (2)
- ------------------------------------------------------------------------------------------------
AS TO PART R
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
DATE DOCUMENT PARTIES
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
Entries on the registers of
title number SF7714
- ------------------------------------------------------------------------------------------------
AS TO PART S
- ------------------------------------------------------------------------------------------------
Entries on the registers of
title number SF86718
- ------------------------------------------------------------------------------------------------
5 April 1976 Conveyance CEGB (1) British Waterways
Board (2)
- ------------------------------------------------------------------------------------------------
II. LICENCES
- ------------------------------------------------------------------------------------------------
22 July 1947 Equitable Easement Rugeley UDC (1) Earl of
Shrewsbury and Others (2)
- ------------------------------------------------------------------------------------------------
19 January 1962 Pillar of Support Agreement National Coal Board (1) CEGB
(2)
- ------------------------------------------------------------------------------------------------
19 June 1970 Agreement for supply of
water to Rugeley B South Staffordshire
Water Works Company (1)
CEGB (2)
- ------------------------------------------------------------------------------------------------
5 July 1972 Sidings Agreement British Railways Board (1) CEGB
(2)
- ------------------------------------------------------------------------------------------------
20 January 1966 CEGB (1) Celcon Limited (2)
- ------------------------------------------------------------------------------------------------
27 September 1973 Deed of Grant British Railways Board (1) CEGB
(2)
- ------------------------------------------------------------------------------------------------
Various stopping up orders Ministry of Transport
- ------------------------------------------------------------------------------------------------
8 January 1995 Wayleave National Power PLC (1)
Midlands Electricity plc (2)
- ------------------------------------------------------------------------------------------------
26 June 1994 Licence National Power PLC (1)
F.W. Lewis (2)
- ------------------------------------------------------------------------------------------------
10 September 1990 Deed of Release S. Smith & Others (1)
National Power PLC (2)
- ------------------------------------------------------------------------------------------------
11 July 1995 Licence National Power PLC (1)
Milk Marque Lloyd Fraser (Daily
Services) Limited (2)
- ------------------------------------------------------------------------------------------------
III. LEASES
- ------------------------------------------------------------------------------------------------
7 August 1995 Lease National Power PLC (1)
Pozzolanic Lytag Limited (2)
- ------------------------------------------------------------------------------------------------
*30 March 1990 Lease CEGB (1) and
Midlands Electricity Board (2)
- ------------------------------------------------------------------------------------------------
*31 March 1990 Lease National Power PLC (1)
NGC (2)
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
DATE DOCUMENT PARTIES
- ------------------------------------------------------------------------------------------------
- ------------------------------------------------------------------------------------------------
2 November 1990 Deed of Confirmation National Power PLC (1)
Midlands Electricity PLC (2)
- ------------------------------------------------------------------------------------------------
*26 June 1996 Supplemental Lease National Power PLC (1)
NGC (2)
- ------------------------------------------------------------------------------------------------
IV. THE TRANSFER
SCHEME
DOCUMENTS
- ------------------------------------------------------------------------------------------------
30 March 1990 Interface Agreement CEGB (1)
Midlands Electricity Board (2)
- ------------------------------------------------------------------------------------------------
30 March 1990 Licence to Retain Assets Central Electricity Generating
Board (1)
Midlands Electricity Board (2)
- ------------------------------------------------------------------------------------------------
31 March 1990 Deed of Grant National Power PLC (1)
The National Grid Company plc
(2)
- ------------------------------------------------------------------------------------------------
31 March 1990 Interface Agreement National Grid Company plc (1)
National Power PLC (2)
================================================================================================
FOURTH SCHEDULE
ALLOCATION OF RENT FIRST RESERVED TO GENERATING SETS
Generating Set Rent ((pound) per annum)
(A) West Burton Power Station
Generating Set 1 25,000,000
Generating Set 2 25,000,000
Generating Set 3 25,000,000
Generating Set 4 25,000,000
(B) Ironbridge Power Station
Generating Set 1 25,000,000
Generating Set 2 25,000,000
(C) Rugeley B Power Station
Generating Set 1 25,000,000
Generating Set 25,000,000
FIFTH SCHEDULE
SUPERIOR LANDLORD'S FIXTURES AND FITTINGS
(A) West Burton Power Station
QUANTITY DESCRIPTION
1 Heavy Oil Tanks
1 Coal Handling Plant System
1 Rail Weighbridge
I Road Weighbridge
1 Ash & Dust Handling Plant System
1 Final Metering Scheme
4 Boiler Structures
4 Boiler-Feedwater Systems
4 Boiler-Combustion Air System
4 Boiler-Gas System
4 Oil & Gas Firing System
4 Coal Firing System
4 Low Nox Burners
4 Boiler Auxiliary System
1 Boiler Control & Protection
Systems
4 HP & IP Turbine plus Auxiliaries
4 LP Turbines plus Auxiliaries
4 Generator plus Auxiliaries
4 Governing Equip & Hydraulic
4 Condenser & Air Extraction
4 Condensate System
4 Taprogge System
4 LP Feed Heating
4 Feedwater Tanks
8 Electric Feed Pump
4 Main Boiler Feed Pump Turbine
plus Pump
4 HP Feed System
1 Main & Auxil CW
1 Water Treatment Plant &
associated Water Systems
1 Hydrogen Production Plant (Not
Maintained)
1 Auxil, Steam & Condensate
1 Fire Detection & Fire Fighting
Equipment
1 Cranes Lifts & Hoists
1 Services Transformer HV/LV
1 Air Conditioning System
4 Generator Transformer
1 Station Elect System
4 Unit Elect Systems
1 General Services Water Supply
1 Compressed Air System
(B) Ironbridge Power Station
1 Heavy Oil Tank
1 Coal Handling Plant System
2 Weighbridges
4 Rail Coal Weighbridges
1 Rail Coal Sampler
1 Road Coal Sampler
1 Ash & Dust Handling Plant System
1 Final Metering Scheme
2 Boiler Structures
2 Boiler Superheat & Reheat System
2 Boiler Combustion Air System
2 Boiler Gas System
1 S03 Injection Equipment
2 Oil and Gas Firing Systems
2 Coal Firing System
2 Boiler Auxiliary System
2 Sootblower Equipment
1 Low Nox Burner Installation
2 Boiler Control and Prom. System
2 HP and IP Turbines plus
Auxiliaries
2 LP Turbines plus Auxiliaries
2 Generator plus Auxiliaries
2 Condensate System
2 LP Feed Heating System
4 Electric Feed Pumps
2 HP Feed System
2 Chemical Dosing
1 Main & Auxil. CW Systems
1 Water Treatment & Associated
Water Systems
1 Hydrogen Production Plant
1 Auxil. Steam & Condensate
1 Compressed Air Systems
1 Fire Detection and Fire Fighting
Equipment
1 Cranes Lifts & Hoists
1 Services Transformer (HV/LV)
1 Services Switchboard
1 Stn. Elect. System
2 Unit Elect. System
2 Generator Transformers
2 Turbine Governing Equipment
1 General Services Water Supply
2 Condenser & Air Extraction
Systems
(C) Rugeley B Power Station
1 Heavy Oil Tanks
1 Coal Handling Plant System
4 Rail Coal Weighbridges
2 Road Weighbridge
1 Ash & Dust Handling Plant System
1 Final Metering Scheme
2 Boiler Structures
2 Boiler Superheat & Reheat Steam
Systems
2 Attemporator Spray Feedwater
Systems
2 Boiler Combustion Air System
2 Boiler Gas System
2 Oil and Gas Firing Systems
2 Coal Firing System
2 Boiler Auxiliary System
2 Sootblower Equipment
2 Boiler Control and Protn. System
2 HP & IP Turbine plus Auxiliaries
2 LP Turbines plus Auxiliaries
2 Generator plus Auxiliaries
2 Turbine Governing Equipment
2 Condenser & Air Extraction System
2 LP Feed Heating
4 Electric Feed Pumps
2 HP Feed System
1 Main & Auxil. CW (incl.
Chlorination Plant)
1 Water Treatment Plant &
Associated Water Systems
1 Acid Dosing Plant
1 Sodium Hyperchlorite Plant
1 General Services Water Supply
1 Hydrogen Generation Plant
1 Auxil. Steam & Condensate System
1 Compressed Air Systems
1 Fire Detection and Fire Fighting
Equipment
1 Cranes Lifts & Hoists
1 Services Transformer (HV/LV)
1 Pollution Monitoring Equipment
1 Station Elect. System
2 Unit Elect. Systems
2 Generator Transformers
SIXTH SCHEDULE
GUARANTEE
1 The Guarantor covenants with the Landlord as principal debtor that
throughout the Term or until the Tenant is released from its covenants
pursuant to the 1995 Act:
1.1 The Tenant will pay the rents reserved by and perform its obligations
contained in this Sub-Lease on the days and in the manner provided for
in this Sub-Lease;
1.2 The Guarantor will indemnify on an after-tax basis the Landlord on
demand against all losses damages costs and expenses properly arising
from any default of the Tenant in paying the rents and performing its
obligations under this Sub-Lease;
2 The liability of the Guarantor shall not be affected by:
2.1 Any time given to the Tenant or any failure by the Landlord to enforce
compliance with the Tenant's covenants and obligations;
2.2 The Landlord's refusal to accept rent at a time when it would or might
have been entitled to re-enter the Demised Premises;
2.3 Any variation of the terms of this Sub-Lease;
2.4 Any change in the constitution structure or powers of the Guarantor the
Tenant or the Landlord or the administration liquidation or bankruptcy
of the Tenant or Guarantor;
2.5 Any act which is beyond the powers of the Tenant;
2.6 The surrender of part of the Demised Premises;
2.7 The transfer of the reversion expectant on the Term;
2.8 Any other act or thing by which (but for this provision) the Guarantor
would have been released;
3 Where two or more persons have guaranteed obligations of the Tenant the
release of one or more of them shall not release the others;
4 The Guarantor shall not be entitled to participate in any security held
by the Landlord in respect of the Tenant's obligations or stand in the
Landlord's place in respect of such security.
SEVENTH SCHEDULE
QUOTA RIGHT
Part A
Authorisations Quota
Sulphur dioxide (kilotonnes)
For the period from the date hereof 27.9 per month (and pro rata
to 31 December 1996 for part months)
1997 315
1998 287
1999 233
2000 233
2001 103
2002 103
2003 103
2004 103
2005 75
Part B
UK Plan Quota
Sulphur dioxide (kilotonnes)
1996 27.9 for each month by which the
date of this Sub-Lease falls
before 31 December 1996 (and pro
rata for part months)
1997 315
1998 287
1999 233
2000 233
2001 103
2002 103
2003 103
Oxides of nitrogen (kilotonnes)
1996
8.2 for each month by which the
date of this Sub-Lease falls
before 31 December 1996 (and pro
rata for part months)
1997 89
1998 85
EIGHTH SCHEDULE
1.1 In this Clause "review date" means the expiration of the tenth year of
the Term and every fifth year thereafter and "review period" means the
period starting with any review date up to the next review date or
starting with the last review date up to the end of the said Term.
1.2 The Landlord may by giving to the Tenant prior written notice elect to
review the yearly rent payable hereunder on any review date whereupon
the yearly rent shall be:-
(A) until the first review date the yearly rent payable under
clause 2; and
(B) during each successive review period such revised rent as may be
ascertained as herein provided subject only to the provisions of
paragraph 1.4(E) of this Schedule.
1.3 Such revised rent for any review period may be agreed at any time
between the Landlord and the Tenant or (in the absence of agreement)
determined not earlier than the relevant review date by an arbitrator
such arbitrator to be nominated it, the absence of agreement by or on
behalf of the President for the time being of the Royal Institution of
Chartered Surveyors on the application of the Landlord or the Tenant
made not earlier than six months before the relevant review date but
not later than the end of the relevant review period and so that in the
case of such arbitration the revised rent to be awarded by the
arbitrator shall be such as he shall decide is the yearly rent at which
the Demised Premises might reasonably be expected to be let at the
relevant review date.
(A) On the following assumptions at that date:-
(i) that the Demised Premises:-
(a) are available to let on the open market without a fine
or premium with vacant possession by a willing landlord
to a willing tenant for a the residue then unexpired of
the term of this Sub-Lease;
(b) are to be let subject to the terms of this Sub-Lease
(other than the amount of the rent hereby reserved but
including the provisions for review of that rent);
(B) But disregarding any increase in rental value of the Demised
Premises attributable to the existence at the relevant review
date of any improvement to the Demised Premises or any part
thereof carried out with consent where required otherwise than in
pursuance of an obligation to the Landlord or its predecessors in
title except obligations requiring compliance with statutes or
directions of local authorities or other bodies exercising powers
under statute or Royal Charter either (a) by the Tenant its
sub-tenants or their respective predecessors in title during the
said term or during any period of occupation prior thereto
arising out of an agreement to grant such term or (b) by any
tenant or sub-tenant of the Demised Premises before the
commencement of the term hereby granted so long as the Landlord
or its predecessors in title have not since the improvement was
carried out had vacant possession of the relevant part of the
Demised Premises.
1.4 it is hereby further provided in relation to the ascertainment and
payment of revised rent as follows:-
(A) The arbitration shall be conducted in accordance with the
Arbitration Acts 1950 and 1979 or any statutory modification or
re-enactment thereof for the time being in force with the further
provision that if the arbitrator nominated pursuant to
paragraph 1.3 hereof shall die or decline to act as the President
for the time being of the Royal Institution of Chartered
Surveyors or the person acting on his behalf may on the
application of either the Landlord or the Tenant by writing
discharge the arbitrator and appoint another in his place
(B) When the amount of any rent to be ascertained or payable as
herein provided shall have been so ascertained or payable a
memoranda thereof shall thereupon be signed by or on behalf of
the Landlord and the Tenant and annexed to this lease and
counterpart thereof and the parties shall bear their own costs in
respect thereof.
(C) (i) If the revised rent payable on and from any review date has
not been agreed by that review date rent shall continue to
be payable at the rate previously payable and forthwith upon
the revised rent being ascertained:
(a) the Tenant shall pay to the Landlord any shortfall
between the rent and the revised rent payable up to and
on the preceding quarter day together with interest on
any shortfall at the seven-day deposit rate of National
Westminster Bank plc such interest to be calculated on
a day-to-day basis from the relevant review date on
which it would have been payable if the revised rent
had then been ascertained to the date of actual payment
of any shortfall; and
(b) the Landlord shall pay to the Tenant any excess between
the rent and the revised rent payable up to and on the
preceding quarter day together with interest in any
excess at the seven day deposit rate of National
Westminster Bank PLC on the same basis as in
sub-paragraph (a) of this present subclause (C)(i).
(ii) For the purposes of this proviso the revised rent shall be
deemed to have been ascertained on the date when the same
has been agreed between the Landlord and the Tenant or as
the case may be the date of the award of the arbitrator.
(D) If either the Landlord or the Tenant shall fail to pay any costs
awarded against it in an arbitration under the provisions hereof
within twenty-one days of the same being demanded by the
arbitrator the other shall be entitled to pay the name and the
amount so paid shall be repaid by the party chargeable on demand.
(E) If at any time on or after the tenth anniversary of the Term the
Demised Premises shall cease to be used for the generation of
electricity and shall be disconnected from the sub-station (the
close-down) the rent payable hereunder shall immediately become
(pound)100,000 per annum from the date of close-down unless
otherwise reviewed on the next or any subsequent review date.
THE COMMON SEAL of )
EASTERN MERCHANT PROPERTIES )
LIMITED was )
hereunto affixed in the presence of: )
Authorized Signatory