Tower Leases. In connection with the Tower Separation, Mergeparty and American shall agree on the definitive documentation ("Tower Leases") to be executed by American and American Tower with respect to certain broadcasting towers set forth in Section 6.17(i) of the American Disclosure Schedules ("Towers"). The markets in which such Towers are located and the annual "market price" for each antenna are set forth in Exhibit "B." Except as set forth in Section 6.17(i) of the American Disclosure Schedule, such Towers are now owned or leased by American and shall become the property of American Tower. Each of the Tower Leases shall contain standard and customary terms and conditions and Mergeparty and American specifically agree to the inclusion of the following in each of the Tower Leases:
Tower Leases. With respect to any Tower Lease, such lease has expired and such lease does not expressly provide for a month-to-month tenancy following expiration, or any unexpired lease is not valid, binding or is in material default (including any monetary default greater than ninety (90) days);
Tower Leases. 9 Section 4.06 Interference Coordination Agreements.........................................................9 Section 4.07 Litigation...................................................................................9 Section 4.08 Compliance with Laws; Permits................................................................9 Section 4.09 Offering Exemption; Securities Representations...............................................9 Section 4.10 Brokers.....................................................................................10 Section 4.11 Suitability.................................................................................10 Section 4.12 Disclosure..................................................................................11 Section 4.13 Knowledge...................................................................................11 Article 5. Representations and Warranties of Clearwire...........................................................11
Tower Leases. HITN is not a party to any Tower Lease in a Market which is subject of a Pending Application.
Tower Leases. With respect to leases or licenses of tower space to which LLC is a party (the "Tower Leases"), (A) to LLC's knowledge, there are no applications, ordinances, petitions, resolutions or other matters pending before any governmental agency having jurisdiction to act on zoning changes that would prohibit or make nonconforming the use of any of the Leased Premises by LLC in any material respect, (B) LLC has good and valid easement rights providing reasonable access and utilities to and from the Leased Premises under the Tower Leases, (C) LLC has not voluntarily granted any, and is not a party to any agreement providing for, and LLC has no knowledge of, any easements, conditions, restrictions, reservations, rights or options that would materially adversely affect the use of any of the Leased Premises under the Tower Leases for the same purposes and uses as such Leased Premises have been used by LLC, except for Permitted Liens.
Tower Leases. Section 3.24(i) of the Company Disclosure Schedule sets forth a true and complete list of the cell tower sites where the Acquired Companies lease or license space, which list includes the location of the cell tower and the identity of the lessor or licensor. The Acquired Companies have a good and valid leasehold interest in or license to the leased or licensed, as applicable, space at each of such tower sites.
Tower Leases. 41 6.20 Affiliates of American................................................................42
Tower Leases. (a) Schedule 3.9 sets forth a true and complete list of the following information in relation to each of the Tower Leases: (i) the market in which the lease is used, (ii) the expiration date of the lease, (iii) the name of the lessor, (iv) the antenna structure registration number, (v) the address or location of the leased premises or Tower Site, and (vi) the monthly, quarterly or annual rent, as applicable, payable under such Tower Lease. True and complete copies of the Tower Leases have been provided by the Company to Purchaser. The Tower Leases set forth on Schedule 3.9 are all of the Tower Leases that are necessary to use the equipment associated with each Tower Site, and to access such equipment in connection with such use.
Tower Leases. Section 4.23(i) of the Disclosure Schedule sets forth a true and correct list of the cell tower sites where the Acquired Companies lease or license space, which list includes the location of the cell tower and the identity of the lessor or licensor. The Acquired Companies have a good and valid lease interest or license in the leased or licensed, as applicable, space at each of such tower sites. For each of the tower leases or licenses identified on Section 4.23(i) of the Disclosure Schedule where Verizon Wireless or one of its Affiliates (including Cellco Partnership) was the party that entered into the lease, the Acquired Companies are not required to pay any rent to the lessor or any of its Affiliates (so long as the lessor only provides services to Verizon Wireless or one of its Affiliates (including Cellco Partnership)) using the leased space and the term of each such lease (including any extensions thereof) is at least 15 years.
Tower Leases. At least ten (10) years remain in the term of each Tower Lease (taking into consideration any available extension options). To Seller’s knowledge, the owner(s) of any facilities, transmission towers or antenna systems leased by Seller pursuant to any Tower Leases have maintained and operated such facilities, transmission towers or antenna systems in accordance with all applicable Laws and the terms of such Tower Leases.
