What happens if I lease my site and GreenBug goes out of business?

Situation A) Your site is developed with GreenBug as the leasor. This means GreenBug owns 100% of the installation.In this case, generally your lease is unaffected. We believe any successor organization would want to continue to operate the system in order to generate income and pay your share to you.

Situation B) Your site is developed with a Limited Partnership as the leasor and GreenBug owns part of the Limited Partnership. If GreenBug goes out of business, GreenBugs’ asset, consisting of the equity investment in the Limited Partnership, would be sold to another party. There is no effect on the lease between you (the leasor) and the Limited Partnership (The leasee)