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<br />ARTICLE I <br />GRAAtTING OF LEASEHOLD <br />Sublessor hereby leases to Sublessee, and Sublessee <br />hereby leases from Sublessor upon and subject to the terms and <br />conditions hereinafter set forth, [he Project for a basic term of <br />sixteen (16} years beginning as of July 1, 1979, and ending on <br />_ July 1, 1995. <br />The said Project consists of the land described an <br />Exhibit °A" and the buildings and improvements to be constructed <br />on said land pursuant to the Lease and the Resolution, including <br />all additions, substitutions, and replacements thereto and also <br />includes all furniture, machinery, equipment, and other personal <br />property provided pursuant to the terms of the Lease for use in <br />connection with the Project and all additions, substitutions, and <br />replacements therefor. <br />