Telecommunications Lease Sample Clauses

Telecommunications Lease dated June 26, 1998, by and between Hub Realty Funding, Inc. (“Landlord”) and Nextel Communications of the Mid-Atlantic, Inc. (“Tenant”).
Sample 1
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Telecommunications Lease. Buyer and Seller acknowledge and agree that (a) Seller is currently negotiating a building and roof lease agreement for the placement of certain telecommunications equipment on the garage located on the Property for a five (5) year term with at least two (2) five (5) year extension options with a rental in the amount of no less than Thirty Thousand Dollars ($30,000.00) per year (the “Telecommunications Lease”), (b) Seller shall have the exclusive right to continue to negotiate the terms and conditions of the Telecommunications Lease during the pendency of this Agreement and a period of six (6) months after the Closing, if applicable, (c) Seller will keep Buyer reasonably informed of all material aspects of the negotiations of the Telecommunications Lease, (d) subject to the receipt of Buyer’s prior written consent (which consent shall not be unreasonably withheld, conditioned or delayed and which consent shall be deemed given in Buyer does not respond within five (5) business days of its receipt of Seller’s written notice requesting such approval), Seller shall have the right to enter into the Telecommunications Lease prior to the Closing and, at Closing, assign its rights thereunder to Buyer, (e) if Seller has not entered into the Telecommunications Lease prior to the Closing, then Seller shall continue to have the right and authority to negotiate the terms and conditions of the Telecommunications Lease for a period of nine (9) months after the Closing and if Seller and the lessee thereunder agree on the terms and conditions of the Telecommunications Lease and such terms and conditions are otherwise acceptable to Buyer (with such acceptance not being unreasonably withheld, conditioned and/or delayed), then Buyer shall promptly execute the Telecommunications Lease and deliver the same to Seller for deliver to the lessee thereunder, (f) the Purchase Price assumes that the Telecommunications Lease is fully executed by and between Seller (or Buyer if it occurs post-Closing) and the lessee thereunder and if the Telecommunications Lease is not executed prior to the nine (9) month anniversary of the Closing, then the Purchase Price shall be reduced by Five Hundred Thousand Dollars ($500,000.00) and Buyer shall be immediately entitled to the Lease Escrow described below, (g) if the Closing occurs hereunder and the Telecommunications Lease has not been executed, then Buyer shall provide Seller with such instruments and/or other documents as reasonably requested by...
Sample 1

Related to Telecommunications Lease

  • Telecommunications Each Lender and Administrative Agent shall be entitled to rely on the authority of any individual making any telecopy, electronic or telephonic notice, request, or signature without the necessity of receipt of any verification thereof.

  • Telecommunications Services Tenant will contract directly with third party providers and will be solely responsible for paying for all telephone, data transmission, video and other telecommunication services (“Telecommunication Services”) subject to the following:

  • Building Services To install, use and maintain through the Premises, pipes, conduits, wires and ducts serving the Building, provided that such installation, use and maintenance does not unreasonably interfere with Tenant's use of the Premises.

  • Use of Electrical Services by Tenant Tenant's use of electrical services furnished by Landlord shall be subject to the following:

  • Communications Equipment Members of the board of directors or any committee thereof may participate in and act at any meeting of such board or committee through the use of a conference telephone or other communications equipment by means of which all persons participating in the meeting can hear each other, and participation in the meeting pursuant to this section shall constitute presence in person at the meeting.

  • Landlord Services Any services provided by, or on behalf of, Landlord will not prevent any amounts received or accrued from qualifying as "Rents from real property" (within the meaning of Section 856(d)(2) or Section 512(b)(3) of the Code).

  • Janitorial Services Tenant will not employ any person for the purpose of cleaning the Premises or permit any person to enter the Building for such purpose other than Landlord's janitorial service, except with Landlord's prior written consent. Tenant will not necessitate, and will be liable for the cost of, any undue amount of janitorial labor by reason of Tenant's carelessness in or indifference to the preservation of good order and cleanliness in the Premises. Janitorial service will not be furnished to areas in the Premises on nights when such areas are occupied after 9:30 p.m., unless such service is extended by written agreement to a later hour in specifically designated areas of the Premises.

  • Utilities Lessee shall pay for all water, gas, heat, light, power, telephone, trash disposal and other utilities and services supplied to the Premises, together with any taxes thereon. If any such services are not separately metered to Lessee, Lessee shall pay a reasonable proportion, to be determined by Lessor, of all charges jointly metered.

  • Rooftop Equipment Provided that Tenant complies with the terms of ----------------- this Section, Tenant may, at its risk and expense, install a satellite dish and related communications equipment and wiring (collectively, the "Rooftop ------- Equipment") on the roof of the Building at a location approved by Landlord, --------- which equipment may be used solely by Tenant and its Permitted Transferees or Permitted Sublessees. Before installing the Rooftop Equipment, Tenant shall submit to Landlord for its approval (which approval shall be in Landlord's sole discretion) plans and specifications which (a) specify in detail the design, location, size, and, in the case of a satellite dish, frequency of the Rooftop Equipment and (b) are sufficiently detailed to allow for the installation of the Rooftop Equipment in a good and workmanlike manner and in accordance with all Laws (the "Legal Requirements"). If Landlord approves of such plans, Tenant ------------------ shall install (in a good and workmanlike manner), maintain and use the Rooftop Equipment in accordance with all Legal Requirements and shall obtain all consents and permits required for the installation and operation thereof; copies of all such permits and evidence of such consents must be submitted to Landlord before Tenant begins to install the Rooftop Equipment. Tenant shall thereafter maintain all permits necessary for the maintenance and operation of the Rooftop Equipment while it is on the Building and operate and maintain the Rooftop Equipment in such a manner so as not to unreasonably interfere with any other satellite, antennae, or other transmission facility on the Building's roof or in the Building. Landlord may require that Tenant screen the Rooftop Equipment with a parapet or other screening device acceptable to Landlord. Tenant shall maintain the Rooftop Equipment and screening device in good repair and condition. Tenant shall, at its risk and expense, remove the Rooftop Equipment (including all wiring related thereto), within five days after the occurrence of any of the following events: (1) the termination of Tenant's right to possess the Premises; (2) the termination of the Lease; (3) the expiration of the Term; or (4)

  • Standard Tenant Services Landlord shall provide the following services on all days (unless otherwise stated below) during the Lease Term.

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