Common use of Termination of Rent Obligation Clause in Contracts

Termination of Rent Obligation. Notwithstanding anything to the contrary contained herein, if T-Mobile Collocator is not able to use or occupy the T-Mobile Collocation Space at a Site for the current or future business activities that it conducts at such Site because of the termination of the underlying Ground Lease, or the failure of Tower Operator to comply with the terms and conditions of this Agreement following applicable notice and cure periods, (i) T-Mobile Collocator shall have no further obligation to pay the T-Mobile Collocation Rent applicable to such Site and (ii) T-Mobile Collocator shall have the right to offset any amounts owed by Tower Operator to T-Mobile Collocator hereunder against the T-Mobile Collocation Rent or any other amounts that may become due from T-Mobile Collocator and payable to Tower Operator under this Agreement. The foregoing shall not limit any other rights or remedies of T-Mobile Collocator hereunder.

Appears in 3 contracts

Samples: Sale Site Master Lease Agreement (T-Mobile US, Inc.), Sale Site Master Lease Agreement (Crown Castle International Corp), Sale Site Master Lease Agreement (Crown Castle International Corp)

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Termination of Rent Obligation. Notwithstanding anything to the contrary contained herein, if T-Mobile Collocator is not able to use or occupy the T-Mobile Collocation Space at a Site for the current or future business activities that it conducts at such Site because of the termination of the underlying Ground Lease, or the failure of Tower Operator to comply with the terms and conditions of this Agreement or the MPL following applicable notice and cure periods, (i) T-Mobile Collocator shall have no further obligation to pay the T-Mobile Collocation Rent or T-Mobile Ground Rent applicable to such Site and (ii) T-Mobile Collocator shall have the right to offset any amounts owed by Tower Operator to T-Mobile Collocator hereunder against the T-Mobile Collocation Rent, the T-Mobile Ground Rent or any other amounts that may become due from T-Mobile Collocator and payable to Tower Operator under this Agreement. The foregoing shall not limit any other rights or remedies of T-Mobile Collocator hereunder.

Appears in 3 contracts

Samples: MPL Site Master Lease Agreement (T-Mobile US, Inc.), Master Lease Agreement (Crown Castle International Corp), Master Lease Agreement (Crown Castle International Corp)

Termination of Rent Obligation. Notwithstanding anything to the contrary contained herein, if T-Mobile Collocator is not able to use or occupy the T-Mobile Collocation Space at a Site for the current or future business activities that it conducts at such Site because of the termination of the underlying Ground Lease, or the failure of Tower Operator to comply with the terms and conditions of this Agreement or the MPL following applicable notice and cure periods, (i) T-Mobile Collocator shall have no further obligation to pay the T-Mobile Collocation Rent or T-Mobile Ground Rent applicable to such Site and (ii) T-Mobile Collocator shall have the right to offset any amounts owed by Tower Operator to T-Mobile Collocator hereunder against the T-Mobile Collocation Rent, the T-Mobile Ground Rent or any other amounts that may become due from T-Mobile Collocator and payable to Tower Operator under this Agreement. The foregoing shall not limit any other rights or remedies of T-Mobile Collocator hereunder. 18 SECTION 5.

Appears in 1 contract

Samples: MPL Site Master Lease Agreement

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Termination of Rent Obligation. Notwithstanding anything to the contrary contained herein, if T-Mobile Collocator is not able to use or occupy the T-Mobile Collocation Space at a Site for the current or future business activities that it conducts at such Site because of the termination of the underlying Ground Lease, or the failure of Tower Operator to comply with the terms and conditions of this Agreement following applicable notice and cure periods, (i) T-Mobile Collocator shall have no further obligation to pay the T-Mobile Collocation Rent applicable to such Site and (ii) T-Mobile Collocator shall have the right to offset any amounts owed by Tower Operator to T-Mobile Collocator hereunder against the T-Mobile Collocation Rent or any other amounts that may become due from T-Mobile Collocator and payable to Tower Operator under this Agreement. The foregoing shall not limit any other rights or remedies of T-Mobile Collocator hereunder.. (e)

Appears in 1 contract

Samples: Sale Site Master Lease Agreement

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