This Agreement is entered into by and between a lessor and a lessee. The lessor leases to the lessee a site for placement of a metal guide radio tower transmitter for use by the county on the lessors property. The lessee agrees to indemnify, defend and hold lessor harmless from any and all liability, suits, demands and claims for property damage or personal injury claimed or caused to any person, or any other claim arising directly or indirectly out of the placement, use and operation of the tower. The lessee further agrees to assume defense on behalf of the lessor of any litigation brought against the lessor relating to the tower and pay all costs, expenses, attorney fees and monetary awards incurred by the lessor in litigation.
Alaska Radio Tower Lease and Indemnification Agreement
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How to fill out Radio Tower Lease And Indemnification Agreement?
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In the context of lease agreements, cession occurs where the lessee (the person who leases the property) or cedent, transfers the rights that they have against the lessor (the person leasing the property) to a third party (the cessionary).
Verizon does not own its own towers, but it independently operates more than 2,000 towers in 2022. Verizon also operates over 4,000 rooftop locations within all 50 states. The company also has leased more than 11,000 towers to American Tower.
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Finding out is fairly easy: Simply call your city/ county zoning office and ask about the requirements/ prohibitions for a cell tower on your land specifically on your land. You may be directed to a zoning map of your area, which shows zoning codes for the entire city or county.
Cell phone towers are still relatively new, and many people are understandably concerned about whether the RF waves they give off might possibly have health effects. At this time, there's no strong evidence that exposure to RF waves from cell phone towers causes any noticeable health effects.
A lease clause is a specific part of a contract or rental agreement between the landlord and tenant. These clauses need to be compliant with local state laws and other agreements between the two parties.
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For the large tower companies, they have excess cash and need a place to put it. By buying their ground leases, they not only protect their assets (their towers) but they also get to turn an operating expense (lease payments) into a long term capital asset (land rights).
A cession is a legal act of transfer. It encompasses an agreement which provides that the transferor or cedent transfers a right to the transferee or cessionary. The principle is that the holder/creditor of a right can cede his or her claim to his or her own creditor in order to secure the debt which he or she owes.
The cell tower lease can pay a property owner anywhere from $100 per month to over $5,000 per month.