Revenue Sharing Payments. T-Mobile Collocator shall pay to Tower Operator (or to the applicable Ground Lessor (x) if required to be paid directly to such Ground Lessor by the terms of the applicable Ground Lease, (y) if a Triggering Event shall have occurred and be continuing or (z) if so instructed by Tower Operator), as and when due and payable under any Ground Lease, T-Mobile's Share of Transaction Revenue Sharing Payments (as defined in the Master Agreement) that are required to be made with respect to the T-Mobile Total Rent Amount for any Site other than Tower Operator Negotiated Increased Revenue Sharing Payments. Each payment of such Transaction Revenue Sharing Payments by T-Mobile Collocator shall identify and specify the Site in respect of which such payment is being made. To the extent T-Mobile Collocator shall have a continuing obligation to make Revenue Sharing payments with respect to any Site for which T-Mobile Collocator has made an initial Revenue Sharing payment in accordance with the immediately preceding sentence, T-Mobile Collocator shall make such continuing Revenue Sharing payments on the same date that such payments are due and payable to the applicable Ground Lessor. Tower Operator shall pay, as and when due and payable, Tower Operator Share of Transaction Revenue Sharing Payments (as defined in the Master Agreement) that are required to be made with respect to the T-Mobile Total Rent Amount for any Site.
Appears in 4 contracts
Samples: MPL Site Master Lease Agreement, MPL Site Master Lease Agreement (T-Mobile US, Inc.), Master Lease Agreement (Crown Castle International Corp)
Revenue Sharing Payments. T-Mobile Collocator shall pay to Tower Operator (or to the applicable Ground Lessor (x) if required to be paid directly to such Ground Lessor by the terms of the applicable Ground Lease, (y) if a Triggering Event shall have occurred and be continuing Lease or (z) if so instructed by Tower Operator), as and when due and payable under any Ground Lease, T-Mobile's Share of Transaction Revenue Sharing Payments (as defined in the Master Agreement) that are required to be made with respect to the T-Mobile Total Collocation Rent Amount for any Site other than Tower Operator Negotiated Increased Revenue Sharing Payments. Each payment of such Transaction Revenue Sharing Payments by T-Mobile Collocator shall identify and specify the Site in respect of which such payment is being made. To the extent T-Mobile Collocator shall have a continuing obligation to make Revenue Sharing payments with respect to any Site for which T-Mobile Collocator has made an initial Revenue Sharing payment in accordance with the immediately preceding sentence, T-Mobile Collocator shall make such continuing Revenue Sharing payments on the same date that such payments are due and payable to the applicable Ground Lessor. Tower Operator shall pay, as and when due and payable, Tower Operator Share of Transaction Revenue Sharing Payments (as defined in the Master Agreement) that are required to be made with respect to the T-Mobile Total Collocation Rent Amount for any Site.
Appears in 3 contracts
Samples: Sale Site Master Lease Agreement, Sale Site Master Lease Agreement (T-Mobile US, Inc.), Sale Site Master Lease Agreement (Crown Castle International Corp)
Revenue Sharing Payments. T-Mobile Collocator shall pay to Tower Operator (or to the applicable Ground Lessor (x) if required to be paid directly to such Ground Lessor by the terms of the applicable Ground Lease, (y) if a Triggering Event shall have occurred and be continuing Lease or (z) if so instructed by Tower Operator), as and when due and payable under any Ground Lease, T-Mobile's ’s Share of Transaction Revenue Sharing Payments (as defined in the Master Agreement) that are required to be made with respect to the T-Mobile Total Collocation Rent Amount for any Site other than Tower Operator Negotiated Increased Revenue Sharing Payments. Each payment of such Transaction Revenue Sharing Payments by T-Mobile Collocator shall identify and specify the Site in respect of which such payment is being made. To the extent T-Mobile Collocator shall have a continuing obligation to make Revenue Sharing payments with respect to any Site for which T-Mobile Collocator has made an initial Revenue Sharing payment in accordance with the immediately preceding sentence, T-Mobile Collocator shall make such continuing Revenue Sharing payments on the same date that such payments are due and payable to the applicable Ground Lessor. Tower Operator shall pay, as and when due and payable, Tower Operator Share of Transaction Revenue Sharing Payments (as defined in the Master Agreement) that are required to be made with respect to the T-Mobile Total Collocation Rent Amount for any Site.
Appears in 1 contract
Samples: Sale Site Master Lease Agreement (Crown Castle International Corp)