c. Lease agreement for radio tower site
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c. Lease agreement for radio tower site
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<br />Site 10: N020255-A-02 <br />Site Name: Tower City, NO Tower <br /> <br />Tenant Site 10: <br />Tenant Site Name: <br /> <br />ANTENNA SITE AGREEMENT <br /> <br />1. Premises and Use. SBA STRUCTURES. INC., a <br />Florida corporation ("Owner") leases to CASS <br />COUNTY GOVERNMENT a North Dakota <br />corporation ("Tenant"), the site described below: <br />Tower antenna space; Ground space for placement <br />of Pad or Shelter ("Shelter") for Tenant's base station <br />equipment consisting of approximately 192 square <br />feet; and space required for Tenant's cable ladders, <br />cable runs and cable bridges to connect <br />telecommunications equipment and antennas, in the <br />location shown on Exhibit A, together with a non- <br />exclusive easement for reasonable access thereto <br />and to the appropriate, in the discretion of Tenant, <br />source of electric and telephone facilities (collectively, <br />the "Site"). The Site will be used by Tenant for the <br />purpose of installing, removing, replacing, modifying, <br />maintaining and operating, at its expense, a <br />telecommunications service system facility consisting <br />of the antenna(s) and related equipment set forth on <br />Exhibit B (the "EquiPment"). If Tenant desires to <br />place equipment on the Site in addition to that listed <br />on Exhibit Bo Owner and Tenant will negotiate the <br />placement of the additional equipment and the <br />associated increased rent. The placement of <br />substitution equipment in accordance with Section 9 <br />shall not constitute additional equipment unless the <br />same shall utilize additional space or capacity. <br />Tenant will use the Site in a manner which will not <br />unreasonably disturb the occupancy of Owner's other <br />tenants. <br />2. Term. The "Initial Term" of this Agreement shall <br />be one (1) year beginning on the date set forth below <br />("Commencement Date") and terminating on the fir~t <br />anniversary of the Commencement Date. ThIs <br />Agreement will automatically renew for twenty (20) <br />additional terms (each a "Renewal Term") of one (1) <br />year each, unless either party provides notice to the <br />other of its intention not to renew not less than one- <br />hundred and twenty (120) days prior to the expiration <br />of the Initial Term or any Renewal Term. <br />COMMENCEMENT DATE: The earlier of the date <br />Tenant begins installation of its Equipment at the Site <br />or July 1, 2007. <br />3. Rent. Annual Rent in the amount of Twelve <br />Thousand and no/100 Dollars ($12,OOO.OO) ("Rent") <br />will be due on the Commencement Date and will be <br />increased (and due) annually on each anniversary of <br />the Commencement Date (during the Initial and all <br />Renewal Terms) by 4% of the annual rate in effect for <br />the prior year. Rent shall be apportioned for any <br />fractional year in which the Term begins or ends. This <br />Agreement shall be effective on the date last <br />executed by the parties provided that Rent shall be <br />subject to change at the discretion of Owner if this <br /> <br />ANTSITE 11-20-00 <br />April 25. 2007 <br /> <br />lease is not executed by Tenant and returned to <br />Owner by May 15, 2007. <br />4. Security Deposit. Intentionally Omitted. <br />5. Title and Quiet Possession. Owner represents <br />and agrees (a) that it is in possession of the Site as <br />lessee under a ground lease ("Ground Lease"); (b) <br />that if applicable, upon request from Tenant, Owner <br />will prOVide to Tenant a copy of the Ground Lease <br />with financial and other confidential terms redacted; <br />(c) that it has the right to enter into this Agreement; <br />(d) that the person signing this Agreement has the <br />authority to sign; and (e) that Tenant is entitled to the <br />quiet possession of the Site subject to zoning and <br />other requirements imposed by governmental <br />authorities, any easements, restrictions, or <br />encumbrances of record throughout the Initial Term <br />and each Renewal Term so long as Tenant is not in <br />default beyond the expiration of any cure period. <br />Notwithstanding anything to the contrary contained in <br />this Agreement, if the Site is subject to a Ground <br />Lease, either party may terminate this Agr~ement <br />without further liability upon the termination or <br />expiration of Owner's right to possession of the Site <br />under the Ground Lease. Owner will not do, attempt, <br />permit or suffer anything to be done which could be <br />construed to be a violation of the Ground Lease. This <br />Agreement is subordinate to any mortgage or deed of <br />trust now of record against the Site. Promptly after <br />this Agreement is fully executed, if requested by <br />Tenant, Owner will request the holder of any such <br />mortgage or deed of trust to execute a non- <br />disturbance agreement in a form provided by Tenant, <br />and Owner will cooperate with Tenant at Tenant's <br />sole expense toward such an end to the extent that <br />such cooperation does not cause Owner additional <br />financial liability. Tenant will not, directly or indirectly, <br />on behalf of itself or any third party, communicate, <br />negotiate, and/or contract with the lessor of the <br />Ground Lease, unless Owner's rights under the <br />Ground Lease have been terminated. <br />6. Assignment/Subletting. Tenant may not assign <br />or transfer this Agreement without the prior written <br />consent of Owner, which consent will not be <br />unreasonably withheld, delayed or conditioned. <br />However, Tenant may assign without the Owner's <br />prior written consent to any party controlling, <br />controlled by or under common control with Tenant <br />provided that the assuming party has comparable <br />credit quality to that of Tenant. Tenant may not <br />sublease this Agreement. In no event will Tenant be <br />relieved of any obligations or liability hereunder. <br />7. Access and Security. Tenant will have the <br />reasonable right of access to the Tower where its <br />Equipment is located; provided that Tenant must give <br /> <br />1 <br /> <br />Tenant Initials: Owner Initials:-----rc..,-.mr1 <br />--- ~A~ <br />
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