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.
Minnesota Radio Tower Lease and Indemnification Agreement
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How to fill out Radio Tower Lease And Indemnification Agreement?
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A cell tower lease buyout is an agreement where property owners sell their future lease payments for a lump sum. This can be a crucial decision for those involved in a Minnesota Radio Tower Lease and Indemnification Agreement. By opting for a buyout, landowners can access immediate funds instead of waiting for long-term lease income. Consider exploring how a buyout can align with the terms of your existing lease agreement for optimal financial management.
A lease is a legal agreement where one party allows another to use a property for a specific time in exchange for payment. For example, a Minnesota Radio Tower Lease and Indemnification Agreement allows a telecommunications company to install equipment on a property owner's land. This agreement specifies the terms of use, duration, and compensation for the landowner. Understanding lease agreements helps both parties protect their rights and investments.
