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Last modified
4/17/2025 9:18:52 AM
Creation date
4/17/2025 9:12:40 AM
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Contracts
Company Name
CCTM1 LLC
Contract #
A-2025-025
Agency
Public Works
Council Approval Date
3/18/2025
Expiration Date
3/31/2035
Insurance Exp Date
4/1/2026
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C. License Fee amounts attributable to partial months shall be prorated on a <br /> daily basis. <br /> D. The License Fee shall be subject to an annual increase of four percent(4%) <br /> per year, to be increased on each anniversary of the Effective Date. <br /> E. LICENSEE agrees to pay to LICENSOR an Additional License Fee, as set <br /> forth in Section 28A(l) of this Agreement, in the amount of Five Hundred <br /> and 00/100 Dollars ($500.00) per month,beginning upon the first day of the <br /> first full month following commencement of construction activities within <br /> the Premises by the DISH Colocator, defined in Section 11 below(the "DISH <br /> Colocation Effective Date"), and each subsequent payment shall be due and <br /> payable on the first day of each month thereafter until the earlier of(i) the <br /> expiration of the Term, or(ii)the expiration or termination of the DISH <br /> colocation. On the anniversary of the DISH Colocation Effective Date and on <br /> each anniversary of that date thereafter(each an"Additional License Fee <br /> Adjustment Date"), the Additional License Fee shall not escalate at a fixed <br /> amount, however, such fee will be calculated pursuant to Section 28(a)(1) of <br /> this Agreement. If the DISH colocation expires or terminates for any reason, <br /> LICENSEE shall no longer be obligated to pay the Additional License Fee <br /> for the DISH colocation. <br /> F. Pursuant to Section 28A(4) of this Agreement, LICENSEE agrees to pay to <br /> LICENSOR a fee for the First Additional Premises set forth in Section 2 of <br /> this Agreement(the "First Additional Premises Fee") in the amount of Four <br /> Hundred and 00/100 Dollars ($400.00)per month as consideration for the <br /> First Additional Premises, beginning upon the commencement of installation <br /> of improvements within the First Additional Premises (the "First Additional <br /> Premises Effective Date") and continuing thereafter until the earlier of(i)the <br /> expiration of the Term; or(ii)termination of the First Additional Premises by <br /> LICENSEE, in its sole and absolute discretion, upon thirty(30) days' written <br /> notice to LICENSOR. Termination for the First Additional Premises shall be <br /> effective upon the removal of all improvements made by the LICENSEE and <br /> the restoration of the First Additional Premises to the condition it was in as of <br /> the First Additional Premises Effective Date, ordinary wear and tear <br /> excepted. On the anniversary of the First Additional Premises Effective Date <br /> and on each anniversary of that date thereafter(each a"First Additional <br /> Premises Fee Adjustment Date"), the First Additional Premises Fee shall <br /> increase by an amount equal to four percent(4%) of the First Additional <br /> Premises Fee in effect for the month immediately preceding the applicable <br /> First Additional Premises Fee Adjustment Date for so long as such First <br /> Additional Premises Fee is payable to LICENSOR as set forth herein. <br /> 9. GOVERNMENTAL APPROVALS. <br /> A. It is understood and agreed that LICENSEE's ability to use the Premises is <br /> contingent upon its obtaining all of the certificates, permits and other approvals, <br /> Page 3 of 107 <br />
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