Payphones. As of January 18, 2002, PhoneTel has good and marketable title to at least 29,987 installed payphones, all of which, except for those specifically described in Section 4.26 of the PhoneTel Disclosure Letter, are operational and which, except for those payphones further specifically described in Section 4.26 of the PhoneTel Disclosure Letter, are subject to enforceable PhoneTel Site Location Agreements. PhoneTel's good faith estimate of the average remaining term of the PhoneTel Site Location Agreements is 46 months.
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Sources: Agreement and Plan of Reorganization and Merger (Davel Communications Inc)
Payphones. As of January 18, 2002, PhoneTel has good and marketable title to --------- at least 29,987 45,000 installed payphones, all of which, except for those specifically described in Section 4.26 3.26 of the PhoneTel Disclosure Letter, are operational and which, except for those payphones further specifically described in Section 4.26 3.26 of the PhoneTel Disclosure Letter, are subject to enforceable PhoneTel Site Location Agreements. PhoneTel's good faith estimate of the Agreements with an average remaining term of the PhoneTel Site Location Agreements is 46 months.
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