Common use of Collocation Agreements Clause in Contracts

Collocation Agreements. The failure of TeleCorp (prior to the ---------------------- Closing Date) or NewCo (after the Closing Date) to have a valid landlord's or licensor's interest under the applicable Collocation Agreement, the applicable Collocation Agreement failing to be in full force and effect, the applicable Collocation Agreement having been modified or amended except as set forth on Schedule I or as disclosed in the Closing Binders for the Sites, any tenant under a Collocation Agreement being entitled to any rental concession or abatements in rent except as set forth in the Collocation Agreement set forth on Schedule I or as disclosed in the Closing Binders for the Sites, any material default under the applicable Collocation Agreements or event which, with the giving of notice or the passage of time or both, would constitute such a default, any tenant under the applicable Collocation Agreements asserting any claims, offsets or defenses of any nature whatsoever to the performance of its obligation under its Collocation Agreement or event which, with the giving of notice or the passage of time or both, would constitute the basis of such claim, offset or defense or there being any leases, subleases, licenses or other occupancy agreements (written or oral) other than the Collocation Agreements set forth on Schedule I which grant any possessory interest in or to the applicable Site or Assets.

Collocation Agreements. The failure of TeleCorp (prior ---------------------- to the ---------------------- Closing Date) or NewCo (after the Closing Date) to have a valid landlord's or licensor's interest under the applicable Collocation Agreement, the applicable Collocation Agreement failing to be in full force and effect, the applicable Collocation Agreement having been modified or amended except as set forth on Schedule I or as disclosed in the Closing Binders for the Sites, any tenant under a Collocation Agreement being entitled to any rental concession or abatements in rent except as set forth in the Collocation Agreement set forth on Schedule I or as disclosed in the Closing Binders for the Sites, any material default under the applicable Collocation Agreements or event which, with the giving of notice or the passage of time or both, would constitute such a default, any tenant under the applicable Collocation Agreements asserting any claims, offsets or defenses of any nature whatsoever to the performance of its obligation under its Collocation Agreement or event which, with the giving of notice or the passage of time or both, would constitute the basis of such claim, offset or defense or there being any leases, subleases, licenses or other occupancy agreements (written or oral) other than the Collocation Agreements set forth on Schedule I which grant any possessory interest in or to the applicable Site or Assets.