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Cell Tower Leases
Cell Tower Leases contract clause examples

Cell Tower Leases. Those certain leases and/or license agreements listed on Exhibit F, together with any amendments thereto and entered into in accordance with this Agreement, and guarantees relating thereto, and any security deposits held by Seller with respect to such leases (collectively, the “Cell Tower Leases” and together with the Premises, Personal Property and Intangible Property, collectively, the “Property”).

Notice to Cell Tower Lease Tenants. Notices of disposition of the Premises to each tenant under the Cell Tower Leases, substantially in the form attached hereto as Exhibit I (the “Cell Tower Tenant Notices”).

other procurers in connection with the Cell Tower Leases or other Leases under any agreement which will survive the Closing and be binding upon Purchaser or the Premises following Closing. There are no refundable security deposits presently held by or on behalf of Seller with respect to the Cell Tower Leases. Seller has not given to and has not received from any tenant under any Cell Tower Lease any written notice of a default that has not been cured and, to Seller’s actual knowledge, no default exists under any Cell Tower Lease.

Lease Terminations and Contract Terminations. To the extent reasonably requested by Purchaser in advance, # Lease Termination Agreements for all Leases (other than the Cell Tower Leases) have been fully executed and evidence thereof delivered to Purchaser and # evidence of termination of all Contracts affecting the Premises or any portion thereof;

Notice to Cell Tower Lease Tenants. A counterpart signature to the Cell Tower Tenant Notices.

Leases. Effective on or prior to Closing, Seller shall, at no cost, expense or liability to Purchaser, terminate all Leases, other than the Cell Tower Leases, and enter into termination agreements to evidence the same (collectively, the “Lease Termination Agreements”). Seller shall: # commence negotiations of such Lease Termination Agreements with the tenants under the Leases, other than the Cell Tower Leases, and diligently pursue the same, # take all actions necessary to remove such tenants and occupants from possession of their respective leased premises prior to Closing, and # promptly provide to Purchaser all material communications related to its covenants under this [Section 7(a)(3)].

Seller hereby sells, assigns, transfers and conveys to Purchaser all of Seller’s right, title and interest in, to and under those certain Cell Tower Leases set forth on Exhibit B attached hereto and made part hereof by this reference (collectively, the “Leases”).

Seller hereby sells, assigns, transfers and conveys to Purchaser all of Seller’s right, title and interest in, to and under those service, management, maintenance, repair, parking, construction, supply and other contracts and equipment leases relating to the ownership and operation of the Premises and/or Hotel, as set forth on Exhibit A attached hereto and made part hereof by this reference (collectively, the “Contracts”).

Cell Tower Leases. All amounts due from tenants to Seller, as landlord under the Cell Tower Leases (“Cell Lease Rent”) previously paid to, or collected by, Seller as landlord under the Cell Tower Leases and attributable to any period following the Closing Date shall be prorated as of the Closing Date. Any prepaid Cell Lease Rent for the period following the Closing Date shall be paid over by Seller to Purchaser. Cell Lease Rent due prior to the Closing Date but not collected on or before the Closing Date shall not be prorated (and Seller shall not receive credit for any such delinquent rent). All unpaid Cell Lease Rent collected by Purchaser after Closing shall first be applied to such Cell Lease Rent as is then due for the current month, then to month in which Closing occurs and prorated appropriately, and then to Seller as to all Cell Lease Rent which is then due for the month(s) preceding the Closing. Seller shall have no right to commence an action against any tenant under the Cell Tower Leases subsequent to the Closing Date of any kind or nature or otherwise pursue any such tenant in any manner with respect to delinquent rents or similar payments attributable to the period prior to the Closing

Leases/Occupancy Agreements. Other than the Cell Tower Leases, electronic copies of which have been made available to Purchaser, there are no other leases, licenses or occupancy agreements (such other leases, licenses or occupancy agreements, collectively, “Leases”) which will be binding upon Purchaser or the Premises (or any portion thereof) after Closing. All Leases shall be terminated by Seller in accordance with [Section 7(a)(3)]. Seller is the lessor or landlord or the successor lessor or landlord under the Cell Tower Leases. No tenant under any Cell Tower Lease is more than thirty (30) days delinquent in the payment of rent or other monetary obligations (and no tenant has paid rent more than thirty (30) days in advance), or otherwise in material default of a non-monetary obligation under such Cell Tower Lease. All of the Cell Tower Leases delivered to Purchaser pursuant to this Agreement are true, correct and complete copies of the applicable documents in Seller’s possession or control. Except as otherwise set forth in the Cell Tower Leases, no commissions or other fees are or will be due to brokers or

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