Common use of Site Lease Agreements Clause in Contracts

Site Lease Agreements. (a) Contractor shall identify the Landlord for each Primary Site. Contractor shall use reasonable efforts to obtain the Landlord's agreement to negotiate from a Form of Site Lease Agreement provided by Owner to Contractor by letter dated June 11, 1999. Any option lease agreement presented to Owner hereunder shall, at a minimum, be in accordance with the terms set forth in the Site Lease Agreement Term Sheet provided by Owner to Contractor by letter dated June 11,1999 and shall permit Contractor to commence Site design, entitlements (zoning and permits) and pre-construction tasks (utility coordination, inter-modulation, telco, etc.) during the option period. Contractor shall use reasonable commercial efforts to provide that the commencement date of Owner's rent obligations to the Landlord under each option lease agreement shall coincide with the commencement of Contractor's construction activities at such Site. Execution of any such option lease agreement shall be in Owner's sole discretion. For each Site, the deliverable shall be an executable Site Acquisition Agreement in accordance with the Site Lease Agreement Term Sheet.

Appears in 4 contracts

Samples: Contract for Engineering and Construction (LCC International Inc), Xm Satellite Radio Holdings Inc, Xm Satellite Radio Holdings Inc

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