Global Lease definition
Examples of Global Lease in a sentence
The Communications Facility which Tenant may attach to the Tower for each Site will be specifically described in the SLA for that Site, subject to any additional rights or obligations provided for in the Global Lease.
Subject to adjustment as provided for in Exhibit 8 or the Global Lease, the Fee for the Premises is stated in the SLA for that Site.
Subject to the terms and conditions contained in this Agreement, the Global Lease and the SLA relating to the Site, upon the execution of an SLA by both Landlord and Tenant, Landlord will lease to Tenant and Tenant will lease from Landlord the Premises described in the SLA.
For purposes of application of the foregoing sentence, Landlord's rights to assign a Site or SLA shall be governed by the provisions of the Global Lease applicable to Landlord's rights to assign, transfer, sell or otherwise convey a Supplement or any Property (as defined in the Global Lease) subject to a Supplement.
At the Closing, OpCo and BAM (for itself and on behalf of the Transferring Partnerships) shall execute and deliver the Global Lease Agreement in the form attached hereto as Exhibit 2.5 (the "Global Lease") pursuant to which OpCo shall lease to BAM and the Transferring Partnerships space on certain communications towers.
This Agreement and each SLA constitutes the entire agreement and understanding between the parties, and, except as expressly provided for in this Agreement with respect to the application of the Global Lease or any terms contained therein, supersedes all offers, negotiations and other agreements concerning the subject matter contained in this Agreement and that SLA.
The Landlord has the right to terminate the Global Lease prior to the stated expiration date thereof, such termination to be effective as of August 31, 2002, subject to Global's right to elect to remain in the Global Premises until August 31, 2004.
On or before April 30, 1999, each Owner shall deliver to Manager, with respect to the Managed Assets of such Owner, completed (but not executed) "Supplements" under the Global Lease or another form of documentation which provides Manager with the same information regarding such Managed Assets as would be provided if such Owner completed a "Supplement" under the Global Lease for such Managed Assets.
Landlord acknowledges and agrees that the Global Lease Rates for Sites subject to this Agreement have been negotiated with the understanding that the Proposals to be submitted by Tenant and Tenant's Affiliates will encompass Sites in a broad variety of locations and that the cost of acquiring real estate and constructing towers in such locations (and Landlord's ability to construct a tower suitable for use by multiple tenants) will vary.
At the request of the Agent, the Borrower shall have used its commercially reasonable efforts to have each other anchor tenant under a Tenant Lease on any Tower not included in the Global Lease enter into a Subordination, Non-Disturbance and Attornment Agreement, in form and substance satisfactory to the Agent, with the Agent, for the benefit of the Banks, with respect to such Tenant Lease.