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Finance Committee

Finance Committee - Agenda - 10/6/2021 - P199

By dnadmin on Mon, 11/07/2022 - 13:37
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180 Washington Vailey Road
Bedminster, New Jersey 07921
Attention: Network Real Estate

Notice shail be effective upon actual receipt or refusal as shown on the receipt obtained pursuant
to the foregoing.

26. SUCCESSORS. This Agreement shall extend to and bind the heirs, personal
representative, successors and assigns of the Parties hereto.

27. SUBORDINATION AND NON-DISTURBANCE. LESSOR shall obtain not later than

Finance Committee - Agenda - 10/6/2021 - P198

By dnadmin on Mon, 11/07/2022 - 13:37
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avdthat it has full authority to enter into and execute this Agreement: and thal, to the LESSOR
eovenants-during the-Fermt-that’s best knowledge, there are no liens, judgments or impediments of title
on the Property, or affecting LESSOR’s title to the same and that there are no covenants, easements or
restrictions which prevent or adversely affect the use or occupancy of the Premises by LESSEE as set

forth above.

Finance Committee - Agenda - 10/6/2021 - P197

By dnadmin on Mon, 11/07/2022 - 13:37
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equipment, antenna(s), equipment,conduits, fixtures, and all personal property and restore the Premises
to its original condition, reasonable wear and tear and casualty damage excepted. LESSOR agrees and
acknowledges that all of the equipment, conduits, fixtures, and personal property of LESSEE shall
remain the personal property of LESSEE and LESSEE shall have the right to remove the same at any
time during the Term, whether or not said items are considered fixtures and attachments to real property

Finance Committee - Agenda - 10/6/2021 - P196

By dnadmin on Mon, 11/07/2022 - 13:37
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pisatises| INTENTIONALL ¥_DELE TED. y
14. TOWER COMPLIANCE. LESSOR covenants that it will keep the Tower in good repair
as required by all Laws (as defined in Paragraph 35 below). The LESSOR shall also comply with all

rules and regulations enforced by the Federal Communications Commission with regard to the lighting,
marking, and painting of towers. Ifthe LESSOR fails to mete aspen mepells, including ialntenance, the

LESSEE: may make the Te paire a its sole gest t and theca

Finance Committee - Agenda - 10/6/2021 - P195

By dnadmin on Mon, 11/07/2022 - 13:37
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Approvals may not be obtained in a timely manner, (iv) LESSEE determines that any soil boring tests or
structural analysis is unsatisfactory; (v) LESSEE determines that the Premises is no longer technically or
structurally compatible for its use, or (vi) LESSEE, in its sole discretion, determines that the use the
Premises is obsolete or unnecessary, LESSEE shall have the right to terminate this Agreement. Notice of
LESSEE’s exercise of its right to terminate shall be given to LESSOR in writing by certified mail, return

Finance Committee - Agenda - 10/6/2021 - P194

By dnadmin on Mon, 11/07/2022 - 13:37
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demonstrates is the result of LESSEE’s use of the Premises and/or the installation, maintenance, and
operation of the LESSEE’s improvements, and any sales tax imposed on the rent (except to the extent that
LESSEE is or may become exempt from the payment of sales tax in the jurisdiction in which the Property is
located), including any increase in real estate taxes at the Property which LESSOR-demensivates-arises from
the LESSEE’s pap and/or LESSEE’s use of the Premises. -LESSOR-and LESSEE-shall-each-be

Finance Committee - Agenda - 10/6/2021 - P193

By dnadmin on Mon, 11/07/2022 - 13:37
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complete and fully executed Internal Revenue Service Form W-9, or equivalent, in a form acceptable to
LESSEE, for any party to whom rental payments are to be made pursuant to this Agreement; and (iii)
other documentation requested by LESSEE in LESSEE’s reasonable discretion. From time to time
during the Term of this Agreement and within thirty (30) days of a written request from LESSEE,
LESSOR agrees to provide updated Rental Documentation in a form reasonably acceptable to LESSEE.

Finance Committee - Agenda - 10/6/2021 - P192

By dnadmin on Mon, 11/07/2022 - 13:37
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In the event any public utility or similar service provider is unable to use the Right of Way or
Further Rights of Way, the LESSOR hereby agrees to grant an additionat right-of-way(s) either to the
LESSEE or to the public utility or service provider at no cost to the LESSEE, provided that the location of
an additional right-of-way on the Property is deemed feasible by LESSOR.

Finance Committee - Agenda - 10/6/2021 - P191

By dnadmin on Mon, 11/07/2022 - 13:37
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enthe-Fewer- Upon LESSOR’s satisfaction with the installation and operation of its lighting equipment
on the Tower and at the direction of LESSOR, LESSEE shall decommission and remove the existing
light pole.

Finance Committee - Agenda - 10/6/2021 - P190

By dnadmin on Mon, 11/07/2022 - 13:37
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1. Design and Engineering. LESSEE shall commission and arrange for the design,
engineering, construction, and installation 2 the Tower, by its appraved vendors. the Tower shall be

designed and engineered to support;-at-a- ar
\corrers-similerto LESSEE, plus the both LESSEE’s Feehan and
LESSOR's lighting fixture, based on TIA/EIA-222-G, ANSI’s seventh revision for Steel Antenna Towers

and Antenna Supporting Structures.
2. Location. The Tower shall be erected on that area of the Property described or depicted

Pagination

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