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8.0. EDSR 02-13-2006
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8.0. EDSR 02-13-2006
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2/13/2006
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one hundred twenty Q20') toot level for use in Landlord's primary business activities ("Lessm~ N'aeilities"). Lessor shall be <br />esponsible for installing, repairing, maintaining, modifying and removing its ¢yuipment subject to l.,essee's approval at <br />Lessor's sole expense. Lessor shall pay for the utilities it consumes in its operation of the Lessor Facilities at the rate charged <br />by the servicing utility company. Landlord shall operate the Landlord Facilities in a manner that will not cause interference <br />to Tenant and its tenants, if any. All operations by Landlord shall be in compliance with all FCC requirements. <br />Interference. <br />(a) Tenant shall operate the Tenant Facilities in compliance with all Federal Communications Commission ("FCC") <br />requirements including those prohibiting interference to communications facilities of Landlord or other lessees or licensees of the <br />Land, provided that the installation and operation of any such facilities predate the installation of the Tenant Facilities. <br />(b) Subsequent to the installation of the Tenant Facilities, Landlord will nut, and will not permit its lessees or <br />licensees to, install new equipment on or make any alterations to the Land or property contiguous thereto owned or cmrtrolletl <br />by Landlord, if such modifications are likely to cause interference with Tenant's operations. In the event interference occurs, <br />Landlord agrees to nse best efforts W eliminate such interference in a reasonable time period. ' ^^'"^-'"° °^~' -° ^~^'~ ^ ~«`~ <br />8. Taxes. If personal property taxes are assessed, Tenant shall pay any portion of such taxes directly attributable to the <br />Tenant Facilities. Landlord shall pay when due all real property taxes, assessments and deferred taxes on the Land. Except as <br />provided immediately below, Landlord shall pay all real property taxes, assessments and deferred tares nn fhe Land. If any <br />increase to Landlm~d's real property taxes is the direct result of Tenant's improvements on the Premises, then Tenant shall <br />reimburse the Landlord that proportionate share of such tax increase provided that as a conditimi of Tenant's obligation to <br />pay such tax increases: (i.) Landlord provides to Tenant the documentation from fhe taxing authority, reasonablyy acceptable <br />to Tenant, indicating that the increase is due to Tenant's improvements, and (iiJ upon written request by Tenant, Landlord <br />tiles a timely protest with the appropriate taxing authority, and consents to Tenant's intervention and prosecution of the same <br />(the cost of such appeal to be borne by the parties on a pro rata basis). <br />~.amdlord and Tenant shall cooperate with each other in the protest of any such assessment by (i.} providing each other with <br />information regarding the relative valuation of (heir property, and (ii.) allowing each other to participate in any proceeding <br />related to the lac protest. <br />Nothing in this paragraph shall be construed as limiting either party's right Yo contest, appeal or challenge any tax assessment <br />9. Waiver of Landlord's Lien. <br />(a) Landlord waives any lien rights it may have concerning the Tenant Facilities, all of which are deemed Tenant's <br />personal property and not fixtures, and Tenant has the right to remove the same at any time without Landlord's consent. <br />(b) Landlord acknowledges that Tenant has entered into a financing arrangement including promissory notes and <br />financial and security agreements for the financing of the Tenant Facilities ("Collateral") with a third party financing entity (and may <br />in the future enter into additional financing arrangements with other financing entities). [n connection therewith, Landlord (i) consents <br />to the installation of the Collateral; (ii) disclaims any interest in the Collateral, as fixtures or otherwise; and (iii) agrees that the <br />Collateral shall be exempt from execution, foreclosure, sale, levy, attachment, or distress for any Rent due or to become due and that <br />such Collateral may be removed at any time without recourse to legal proeeediugs. <br />10. Termination. This Agreement may be terminated without further liability on thirty (30) days prior written notice as follows: <br />(i) by either party upon a default of any covenant or term hereof by the other party, which default is not cured within sixty (60) days of <br />receipt of written notice of default, except that this Agreement shall not be terminated if the default cannot reasonably be cured within <br />such sixty (60) day period and the defaulting party has commenced to cure the default within such sixty (60) day period and diligently <br />pursues the cure to completion; provided that the grace period for any monetary default is ten (10) days from receipt of written notice; <br />or (ii) by Tenant if it does not obtain or maintain any license, permit or other approval necessary for the construction and operation of <br />the Tenant Facilities; or (iii) by Tenant if Tenant is unable to occupy and utilize the Premises due to an action of the FCC, including <br />ithout ]imitation, a take back of channels or change in frequencies; or (iv) by Tenant if any environmental report for the Land reveals <br />the presence of any Hazardous Material after the Term Commencement Date; or (v) by Tenant if Tenant determines that the Premises <br />
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