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11 - Ground & Tower Lease with T-Mobile-East Water Tower-Bonham Street
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11-13-2017
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11 - Ground & Tower Lease with T-Mobile-East Water Tower-Bonham Street
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11/9/2017 2:39:37 PM
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AGENDA
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11
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that OWNER shall be given at least thirty (30) days' notice before the cancellation of any <br />such policy. <br />D. TENANT agrees to indemnify and save harmless OWNER from and against the <br />payment of any deductible and from the payment of any premium on any insurance <br />policy required to be furnished by this Lease. <br />E. TENANT shall require that each and every one of its contractors and their <br />subcontractors carry, in full force and effect, workers' compensation, commercial general <br />liability and automobile liability insurance coverages of the type which TENANT is required to <br />obtain under the terms of this paragraph with appropriate limits of insurance. <br />F. Once during each calendar year during the term of this Lease, OWNER may review <br />the insurance coverages to be carried by TENANT. If OWNER reasonably determines that <br />higher limits of coverage are necessary to protect the interests of OWNER, TENANT shall be <br />so notified and shall obtain the additional limits of insurance at its sole cost and expense. <br />TENANT's failure to do so will constitute a breach of this Lease. <br />10. UTILITIES <br />TENANT shall be responsible directly to the serving entities for all utilities required by <br />TENANT's use of the Leased Site; however, OWNER agrees to cooperate with TENANT in <br />its efforts to obtain utilities from any location provided by the OWNER or the servicing utility. <br />Should electric power be provided by OWNER, TENANT will install an electric meter and <br />TENANT's usage shall be read by OWNER (or, at TENANT's option and cost, by a meter <br />reading service selected by TENANT) on a monthly basis and the cost of electricity used by <br />TENANT shall be paid monthly by TENANT to OWNER, upon thirty (30) days written notice <br />thereof, as a payment separate from rent. <br />11. RIGHTS TO EQUIPMENT; CONDITION ON SURRENDER; SURRENDER OF <br />PREMISES <br />A. TENANT's Antenna Facilities shall remain personal to and the property of <br />TENANT. At the termination or expiration of this Lease, TENANT shall (i) remove its <br />Antenna Facilities, (ii) repair any damage caused by such removal, (iii) with respect to any <br />land leased, remove all of its equipment to two feet below grade, and (iv) otherwise <br />surrender the Leased Site at the expiration of the term (as the same may have been <br />extended or the earlier termination thereof) in good condition, ordinary wear and tear, <br />damage by fire and other casualty excepted. <br />B. At the expiration of the Initial Term, or of the final Renewal Term provided for herein, <br />TENANT shall remove all of TENANT's equipment and other fixtures, and shall within sixty <br />(60) days of removal repair any damage which may be cause to the Leased Site as a result <br />of such removal, reasonable wear and tear excepted. <br />12. DEFAULTS <br />101 Page <br />
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