Common use of TERM; RENTAL Clause in Contracts

TERM; RENTAL. This Agreement shall be effective as of the date of execution by both Parties (the "Effective Date"), provided, however, the initial term shall be for five (5) years and shall commence on the first day of the month following the day that LESSEE commences installation of the equipment on the Premises (the “Commencement Date”) at which time rental payments shall commence and be due at a total annual rental of Twelve Thousand and 00/100 Dollars ($12,000.00) to be paid in advance annually on the Commencement Date and on each anniversary of it in advance, to LESSOR or to such other person, firm or place as LESSOR may, from time to time, designate in writing at least thirty (30) days in advance of any rental payment date by notice given in accordance with Paragraph 18 below. LESSOR and LESSEE acknowledge and agree that rental payments shall not actually be sent by LESSEE until thirty (30) days after the Commencement Date. LESSOR and LESSEE agree that they shall acknowledge in writing the Commencement Date. If the LESSEE fails to pay the annual rent within forty‐five (45) days of the Commencement Date or the anniversary of the Commencement Date, an additional $1,000 payment shall be made by the LESSEE to the LESSOR. Throughout the Term (as hereinafter defined) of this Agreement, on each and every annual anniversary of the Commencement Date, the annual rent shall increase by an amount equal to two percent (2%) of the then current rent amount.Upon agreement of the Parties, LESSEE may pay rent by electronic funds transfer and in such event, LESSOR agrees to provide to LESSEE bank routing information for such purpose upon request of LESSEE.

TERM; RENTAL. This Agreement shall be effective as of the date of execution by both Parties (the "Effective Date"), provided, however, the initial term shall be for five (5) years and shall commence on the first day of the month following the day that LESSEE commences installation of the equipment on the Premises (the “Commencement Date”) at which time rental payments shall commence and be due at a total annual rental of Twelve Thousand Eight Hundred and 00/100 Forty Dollars ($12,000.00840) to be paid in advance annually on the Commencement Date and on each anniversary of it in advance, to LESSOR or to such other person, firm or place as LESSOR may, from time to time, designate in writing at least thirty (30) days in advance of any rental payment date by notice given in accordance with Paragraph 18 below. LESSOR ▇▇▇▇▇▇ and LESSEE acknowledge and agree that rental payments shall not actually be sent by LESSEE until thirty (30) days after the Commencement Date. LESSOR and LESSEE ▇▇▇▇▇▇ agree that they shall acknowledge in writing the Commencement Date. If ▇▇▇▇▇▇ and ▇▇▇▇▇▇ acknowledge and agree that initial rental payment may not actually be sent by ▇▇▇▇▇▇ until ninety (90) days after ▇▇▇▇▇▇’s receipt of written acknowledgement confirming the LESSEE fails Commencement Date. As additional consideration for this Agreement, ▇▇▇▇▇▇ further agrees to pay LESSOR a one-time, lump sum payment in the annual rent sum of Two Thousand and No/100 Dollars ($2,000.00) as additional rent, which shall be due and payable within forty‐five ninety (4590) days of the Commencement Date or the anniversary full execution of the Commencement Date, an additional $1,000 payment Agreement and which shall be made by non- refundable. The Parties understand and agree that this additional rent is being paid for the LESSEE to the LESSORpurpose of reimbursing LESSOR for its attorney costs. Throughout the Term (as hereinafter defined) of this Agreement, on each and every annual anniversary of the Commencement Date, the annual rent shall increase by an amount equal to two percent (2%) of the then current rent amount.Upon agreement of the Parties, LESSEE may pay rent by electronic funds transfer and in such event, LESSOR ▇▇▇▇▇▇ agrees to provide to LESSEE bank routing information for such purpose upon request of LESSEE. LESSOR hereby agrees to provide to LESSEE certain documentation (the “Rental Documentation”) including without limitation: (i) documentation evidencing LESSOR’s good and sufficient title to and/or interest in the Property and right to receive rental payments and other benefits hereunder; (ii) a completed Internal Revenue Service Form W-9, or equivalent for any party to whom rental payments are to be made pursuant to this Agreement; and (iii) other documentation requested by LESSEE and within fifteen (15) days of obtaining an interest in the Property or this Agreement, any assignee(s), transferee(s) or other successor(s) in interest of LESSOR shall provide to LESSEE such Rental Documentation. All documentation shall be acceptable to LESSEE in LESSEE’s reasonable discretion. Delivery of Rental Documentation to LESSEE shall be a prerequisite for the payment of any rent by LESSEE and notwithstanding anything to the contrary herein, LESSEE shall have no obligation to make any rental payments until Rental Documentation has been supplied to LESSEE as provided herein. Within thirty (30) days of a written request from ▇▇▇▇▇▇, LESSOR or any assignee(s) or transferee(s) of LESSOR agrees to provide updated Rental Documentation. Delivery of Rental Documentation to LESSEE shall be a prerequisite for the payment of any rent by LESSEE to such party and notwithstanding anything to the contrary herein, LESSEE shall have no obligation to make any rental payments until Rental Documentation has been supplied to LESSEE as provided herein.

TERM; RENTAL. a. This Agreement shall be effective as of the date of execution by both Parties (the "Effective Date")Parties, provided, however, the initial term shall be for five (5) years and shall commence on the first day of the month following the day that LESSEE commences installation of the equipment on the Premises Commencement Date (the “Commencement Date”as hereinafter defined) at which time rental payments shall commence and be due at a total annual rental of Twelve Ten Thousand Eight Hundred and 00/100 Dollars ($12,000.0010,800.00) to be paid in advance annually equal monthly installments on the Commencement Date and on each anniversary first day of it the month, in advance, to LESSOR or to such other person, firm or place as LESSOR may, from time to time, designate in writing at least thirty (30) days in advance of any rental payment date by notice given in accordance with Paragraph 18 23 below. LESSOR The Agreement shall commence based upon the date LESSEE commences installation of the equipment on the Premises. In the event the date LESSEE commences installation of the equipment on the Premises falls between the 1st and LESSEE acknowledge 15th of the month, the Agreement shall commence on the 1st of that month and agree that rental payments if the date installation commences falls between the 16th and 31st of the month, then the Agreement shall not actually be sent by LESSEE until thirty commence on the 1st day of the following month (30) days after either the “Commencement Date”). LESSOR and LESSEE agree that they shall acknowledge in writing the Commencement Date. If the LESSOR and LESSEE fails to pay the annual rent within forty‐five acknowledge and agree that initial rental payment(s) shall not actually be sent by LESSEE until forty-five (45) days after a written acknowledgement confirming the Commencement Date. By way of illustration of the preceding sentence, if the Commencement Date or is January 1 and the anniversary of written acknowledgement confirming the Commencement DateDate is dated January 14, an additional $1,000 payment LESSEE shall be made by the LESSEE send to the LESSORLESSOR the rental payments for January 1 and February 1 by February 28. Throughout the Term (as hereinafter defined) of this Agreement, on each and every annual anniversary of the Commencement Date, the annual rent shall increase by an amount equal to two percent (2%) of the then current rent amount.Upon agreement of the Parties, LESSEE may pay rent by electronic funds transfer and in such event, LESSOR agrees to provide to LESSEE bank routing information for such purpose upon request of LESSEE. ▇. ▇▇▇▇▇▇ hereby agrees to provide to LESSEE certain documentation (the “Rental Documentation”) evidencing LESSOR’s interest in, and right to receive payments under, this Agreement, including without limitation: (i) documentation, acceptable to LESSEE in LESSEE’s reasonable discretion, evidencing LESSOR’s good and sufficient title to and/or interest in the Property and right to receive rental payments and other benefits hereunder; (ii) a complete and fully executed Internal Revenue Service Form W-9, or equivalent, in a form acceptable to LESSEE, for any party to whom rental payments are to be made pursuant to this Agreement; and (iii) other documentation requested by LESSEE in LESSEE’s reasonable discretion. From time to time during the Term of this Agreement and within thirty (30) days of a written request from LESSEE, LESSOR agrees to provide updated Rental Documentation in a form reasonably acceptable to LESSEE. The Rental Documentation shall be provided to LESSEE in accordance with the provisions of and at the address given in Paragraph 23. Delivery of Rental Documentation to LESSEE shall be a prerequisite for the payment of any rent by LESSEE and notwithstanding anything to the contrary herein, LESSEE shall have no obligation to make any rental payments until Rental Documentation has been supplied to LESSEE as provided herein. Within fifteen (15) days of obtaining an interest in the Property or this Agreement, any assignee(s), transferee(s) or other successor(s) in interest of LESSOR shall provide to LESSEE Rental Documentation in the manner set forth in the preceding paragraph. From time to time during the Term of this Agreement and within thirty (30) days of a written request from LESSEE, any assignee(s) or transferee(s) of LESSOR agrees to provide updated Rental Documentation in a form reasonably acceptable to LESSEE. Delivery of Rental Documentation to LESSEE by any assignee(s), transferee(s) or other successor(s) in interest of LESSOR shall be a prerequisite for the payment of any rent by LESSEE to such party and notwithstanding anything to the contrary herein, LESSEE shall have no obligation to make any rental payments to any assignee(s), transferee(s) or other successor(s) in interest of LESSOR until Rental Documentation has been supplied to LESSEE as provided herein.

TERM; RENTAL. This Agreement shall be effective as of the date of execution by both Parties (the "Effective Date"), provided, however, the initial term shall be for five (5) years and shall commence on the first day of the month following the day that LESSEE commences receives a building permit for the installation of the equipment on the Premises (the “Commencement Date”) at which time rental payments shall commence and be due at a total annual rental of Twelve Six Thousand and 00/100 Dollars ($12,000.006,000.00) to be paid in advance annually on the Commencement Date and on each anniversary of it in advance, to LESSOR or to such other person, firm or place as LESSOR may, from time to time, designate in writing at least thirty (30) days in advance of any rental payment date by notice given in accordance with Paragraph 18 17 below. LESSOR ▇▇▇▇▇▇ and LESSEE ▇▇▇▇▇▇ acknowledge and agree that initial rental payments payment shall not actually be sent by LESSEE ▇▇▇▇▇▇ until thirty (30) days after the Commencement Date. LESSOR ▇▇▇▇▇▇ and LESSEE ▇▇▇▇▇▇ agree that they shall acknowledge in writing the Commencement Date. If the LESSEE fails All rental payments made to pay the annual rent within forty‐five (45) days of the Commencement Date or the anniversary of the Commencement Date, an additional $1,000 payment LESSOR shall be made by deemed the LESSEE sole and exclusive property of LESSOR and shall not be subject to the LESSORdelay, offset, refund or placement in escrow for any reason or purpose, except such refunds, or abatement as are specifically expressed herein. Throughout the Term (as hereinafter defined) of this Agreement, on each and every annual anniversary of the Commencement Date, the annual rent shall increase by an amount equal to two percent (2%) of the then current rent amount.Upon agreement of the Parties, LESSEE may pay rent by electronic funds transfer and in such event, LESSOR agrees to provide to LESSEE bank routing information for such purpose upon request of LESSEE. LESSOR hereby agrees to provide to LESSEE certain documentation (the “Rental Documentation”) including without limitation: (i) documentation evidencing LESSOR’s good and sufficient title to and/or interest in the Property and right to receive rental payments and other benefits hereunder; (ii) a completed Internal Revenue Service Form W-9, or equivalent for any party to whom rental payments are to be made pursuant to this Agreement; and (iii) within thirty (30) days of obtaining an interest in the Property or this Agreement, any assignee(s), transferee(s) or other successor(s) in interest of LESSOR shall provide to LESSEE such Rental Documentation. Delivery of a completed Internal Revenue Service Form W-9 shall be a prerequisite for the payment of any rent by LESSEE and notwithstanding anything to the contrary herein, LESSEE shall have no obligation to may any rental payments until such completed W-9 Form has been supplied to LESSEE as provided herein. Within thirty (30) days of a written request from ▇▇▇▇▇▇, LESSOR or any assignee(s) or transferee(s) of LESSOR agrees to provide updated Rental Documentation. Delivery of Rental Documentation to LESSEE shall be a prerequisite for the payment of any rent by LESSEE to such party and notwithstanding anything to the contrary herein, LESSEE shall have no obligation to make any rental payments until Rental Documentation has been supplied to LESSEE as provided herein. The annual rental for each year after the first year of the initial term shall be equal to one hundred two percent (102%) of the annual rental for the immediately preceding year. As additional consideration for this Agreement, LESSEE shall pay LESSOR a one-time, non-refundable, lump-sum signing bonus of $2,500.00, as additional rent. The signing bonus shall be paid by LESSEE to LESSOR within 90 days of the Effective Date.

TERM; RENTAL. a. This Agreement shall be effective as of the date of execution by both Parties (the "Effective Date")Parties, provided, however, the initial term shall be for five (5) years and shall commence on the first day of the month following the day that LESSEE commences installation of the equipment on the Premises Commencement Date (the “Commencement Date”as hereinafter defined) at which time rental payments shall commence and be due at a total annual rental of Twelve Thousand and 00/100 Dollars ($12,000.00) 1824,000.00 to be paid in advance annually equal monthly installments on the Commencement Date and on each anniversary first day of it the month, in advance, to LESSOR or to such other person, firm or place as LESSOR {A3394666} may, from time to time, designate in writing at least thirty (30) days in advance of any rental payment date by notice given in accordance with Paragraph 18 23 below. LESSOR The Agreement shall commence based upon the date LESSEE commences installation of the equipment on the Premises or August 1, 2016, whichever occurs first. In the event the date LESSEE commences installation of the equipment on the Premises falls between the 1st and LESSEE acknowledge 15th of the month, the Agreement shall commence on the 1st of that month and agree that rental payments if the date installation commences falls between the 16th and 31st of the month, then the Agreement shall not actually be sent by LESSEE until thirty commence on the 1st day of the following month (30) days after either the “Commencement Date”). LESSOR and LESSEE agree that they shall acknowledge in writing the Commencement Date. If the LESSOR and LESSEE fails to pay the annual rent within forty‐five acknowledge and agree that initial rental payment(s) shall not actually be sent by LESSEE until thirty (4530) days after a written acknowledgement confirming the Commencement Date. By way of illustration of the preceding sentence, if the Commencement Date or is January 1 and the anniversary of written acknowledgement confirming the Commencement DateDate is dated January 14, an additional $1,000 payment LESSEE shall be made by the LESSEE send to the LESSORLESSOR the rental payments for January 1 and February 1 by February 13. Throughout the Term (as hereinafter defined) of this Agreement, on each and every annual anniversary of the Commencement Date, the annual rent shall increase by an amount equal to two percent (2%) of the then current rent amount.Upon agreement of the Parties, LESSEE may pay rent by electronic funds transfer and in such event, LESSOR agrees to provide to LESSEE bank routing information for such purpose upon request of LESSEE. ▇. ▇▇▇▇▇▇ hereby agrees to provide to LESSEE certain documentation (the “Rental Documentation”) evidencing LESSOR’s interest in, and right to receive payments under, this Agreement, including without limitation: (i) documentation, acceptable to LESSEE in LESSEE’s reasonable discretion, evidencing LESSOR’s good and sufficient title to and/or interest in the Property and right to receive rental payments and other benefits hereunder; (ii) a complete and fully executed Internal Revenue Service Form W-9, or equivalent, in a form acceptable to LESSEE, for any party to whom rental payments are to be made pursuant to this Agreement; and (iii) other documentation requested by LESSEE in LESSEE’s reasonable discretion. From time to time during the Term of this Agreement and within thirty (30) days of a written request from LESSEE, LESSOR agrees to provide updated Rental Documentation in a form reasonably acceptable to LESSEE. The Rental Documentation shall be provided to LESSEE in accordance with the provisions of and at the address given in Paragraph 23. Delivery of Rental Documentation to LESSEE shall be a prerequisite for the payment of any rent by LESSEE and notwithstanding anything to the contrary herein, LESSEE shall have no obligation to make any rental payments until Rental Documentation has been supplied to LESSEE as provided herein. Within fifteen (15) days of obtaining an interest in the Property or this Agreement, any assignee(s), transferee(s) or other successor(s) in interest of LESSOR shall provide to LESSEE Rental Documentation in the manner set forth in the preceding paragraph. From time to time during the Term of this Agreement and within thirty (30) days of a written request from LESSEE, any assignee(s) or transferee(s) of LESSOR agrees to provide updated Rental Documentation in a form reasonably acceptable to LESSEE. Delivery of Rental Documentation to LESSEE by any assignee(s), transferee(s) or other successor(s) in interest of LESSOR shall be a prerequisite for the payment of any rent by LESSEE to such party and notwithstanding anything to the contrary herein, LESSEE shall have no obligation to make any rental payments to any assignee(s), transferee(s) or other successor(s) in interest of LESSOR until Rental Documentation has been supplied to LESSEE as provided herein.

TERM; RENTAL. (a) This Agreement shall be for a term of twenty (20) years commencing upon the execution hereof by both Parties. Each Supplement shall be effective as of the date of execution by both Parties (the "Effective Date"), provided, provided however, the initial term of each Supplement shall be for five ten (510) years and shall commence on the first day of the month following the day that LESSEE commences installation of its equipment for any given node listed in the equipment on the Premises Supplement (the “Commencement Date”) ), at which time rental payments for every node listed in the Supplement shall commence and be due at a total annual rental of Twelve Thousand One Hundred Fifty and 00/100 Dollars dollars ($12,000.00150.00) per pole, to be paid in advance annually on within 30 days after the Commencement Date and on or before each anniversary of it the Commencement Date, in advance, to the payee designated by LESSOR in the Supplement, or to such other person, firm or place as LESSOR may, from time to time, designate in writing at least thirty ninety (3090) days in advance of any rental payment date by notice given in accordance with Paragraph 18 15 below. LESSEE shall notify LESSOR prior to beginning an installation and LESSEE acknowledge and agree that rental payments shall not actually be sent by LESSEE until thirty (30) days after the Commencement Date. LESSOR and LESSEE agree that they shall acknowledge in writing the Commencement DateDate of each Supplement. If LESSOR and LESSEE acknowledge and agree that the initial rental payment for each Supplement may not actually be sent by LESSEE fails to pay the annual rent within forty‐five until ninety (4590) days of after the Commencement Date or the anniversary written acknowledgement of the Commencement Date, an additional $1,000 payment shall be made by the LESSEE to the LESSOR. Throughout the Term . (as hereinafter definedb) of this Agreement, on each and every annual anniversary of the Commencement Date, the annual rent shall increase by an amount equal to two percent (2%) of the then current rent amount.Upon agreement of the Parties, LESSEE may pay rent by electronic funds transfer and in such that event, LESSOR agrees to provide to LESSEE bank routing information and a W-9 or its equivalent for such that purpose upon request of LESSEE. (c) LESSOR hereby agrees to provide to LESSEE certain documentation (the “Documentation”) requested by LESSEE to comply with the requirement of any applicable laws, rules, regulations, ordinances, directives, or covenants now in effect, or which may hereafter come into effect. Within fifteen (15) days of obtaining an interest in any Property, Supplement or this Agreement, any assignee(s), transferee(s) or other successor(s) in interest of LESSOR must provide to LESSEE such Documentation Delivery of requested Documentation to LESSEE shall be a prerequisite for the delivery of any lease payment by LESSEE. Notwithstanding anything to the contrary herein, or in any Supplement, LESSEE may hold all lease payments until Documentation has been supplied to LESSEE as provided herein. (d) Pursuant to section 8C.7A.3 (c) (1), LESSEE shall be responsible for payment of any permit application fees required by LESSOR’S code of ordinances, as amended. (e) If no electrical or telephone service is available at the premises LESSEE will have the option to supply and install service at their expense after approval by the city and utility provider. (f) LESSEE shall be permitted at any time during the Term (as defined herein) of each Supplement, to install, maintain, and/or provide access to and use of, as necessary (during any power interruption at the Premises), a temporary power source and a temporary installation of any other services and equipment required to keep LESSEE's small cell communications facility operational, along with all related equipment and appurtenances within the Premises, or elsewhere on the Property in such locations as reasonably approved by LESSOR. LESSEE shall have the right to install conduits connecting the temporary power source, and the temporary installation of any other services and equipment required to keep LESSEE's small cell communications facility operational and related appurtenances to the Premises. All temporary placements must be removed within thirty (30) days of power resuming.