Common use of Tower Operator Rights Under Ground Leases Clause in Contracts

Tower Operator Rights Under Ground Leases. Tower Operator shall be entitled, subject to the standards set forth in Section 2(f), to review, negotiate and execute any Tower Operator Negotiated Renewal, waiver, amendment, extension, renewal, sequential lease, adjacent lease, non-disturbance agreement and other documentation relating to Ground Leases that (i) Tower Operator determines in good faith is on commercially reasonable terms, (ii) is of a nature and on terms to which Tower Operator would agree (in light of the circumstances and conditions that exist at such time) in the normal course of business if it were the direct lessee under the related Ground Lease rather than a sublessee thereof pursuant to the MPL, and (iii) otherwise satisfies the following requirements of this Section 5. AT&T Collocator agrees to execute and deliver, as promptly as reasonably practicable and in any event within fifteen (15) Business Days following request therefor by Tower Operator, any lease document, any collocation agreement and any other document contemplated and permitted by this Agreement or necessary to give effect to the intent of this Agreement and the other Transaction Documents.

Appears in 3 contracts

Samples: Master Lease Agreement (Crown Castle International Corp), Master Lease Agreement (Crown Castle International Corp), Master Lease Agreement (At&t Inc.)

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Tower Operator Rights Under Ground Leases. Tower Operator shall be entitled, subject to the standards set forth in provisions of Section 2(f)32, to review, negotiate and execute any Tower Operator Negotiated Renewal, waiver, amendment, extension, renewal, sequential lease, adjacent lease, non-disturbance agreement and other documentation relating to Ground Leases that (i) Tower Operator determines in good faith is on commercially reasonable terms, (ii) is of a nature and on terms to which Tower Operator would agree (in light of the circumstances and conditions that exist at such time) in the normal course of business if it were owned the direct lessee under property to which the related Ground Lease rather than a sublessee thereof pursuant to the MPL, relates and (iii) otherwise satisfies the following requirements of this Section 55 (each, an “Authorized Ground Lease Document”). AT&T T-Mobile Collocator agrees to execute and deliver, as promptly as reasonably practicable and in any event within fifteen (15) 10 Business Days following request therefor by Tower Operator, any lease documentAuthorized Ground Lease Document, any collocation agreement Authorized Collocation Agreement Document and any other document contemplated and permitted by this Agreement or necessary to give effect to the intent of this Agreement and the other Transaction Documents.

Appears in 2 contracts

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

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Tower Operator Rights Under Ground Leases. Tower Operator shall be entitled, subject to the standards set forth in provisions of Section 2(f)32, to review, negotiate and execute any Tower Operator Negotiated Renewal, waiver, amendment, extension, renewal, sequential lease, adjacent lease, non-disturbance agreement and other documentation relating to Ground Leases that (i) Tower Operator determines in good faith is on commercially reasonable terms, (ii) is of a nature and on terms to which Tower Operator would agree (in light of the circumstances and conditions that exist at such time) in the normal course of business if it were owned the direct lessee under property to which the related Ground Lease rather than a sublessee thereof pursuant to the MPL, relates and (iii) otherwise satisfies the following requirements of this Section 55 (each, an "Authorized Ground Lease Document"). AT&T T-Mobile Collocator agrees to execute and deliver, as promptly as reasonably practicable and in any event within fifteen (15) 10 Business Days following request therefor by Tower Operator, any lease documentAuthorized Ground Lease Document, any collocation agreement Authorized Collocation Agreement Document and any other document contemplated and permitted by this Agreement or necessary to give effect to the intent of this Agreement and the other Transaction Documents.

Appears in 1 contract

Samples: MPL Site Master Lease Agreement (Crown Castle International Corp)

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