Lease Applications and Regulatory Fees Sample Clauses

Lease Applications and Regulatory Fees. On the date of the execution of this Agreement, Lessor and Lessee, as the FCC requires, shall complete the necessary application (“Application”) and deliver it to an overnight courier service (or similarly swift delivery mechanism) for filing with the FCC to seek consent to the de facto transfer leasing arrangement contemplated hereby (it being understood that the failure to complete and deliver the Application within such period shall not constitute a breach of this Agreement so long as the filing is made as promptly as reasonably practicable thereafter). The Parties shall cooperate in completing necessary documents, exhibits, and amendments to the Application, including appropriate requests for waivers of the FCC rules, as required by the Communications Laws or requested by the FCC, to complete the leasing arrangement and to obtain FCC consent thereto. Lessee shall be responsible for any regulatory or other fees associated with the FCC Licenses or the filing of the Application.
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