Pre-Development Costs. (a) For each Site identified on Exhibit A attached hereto, SpectraSite shall reimburse Tritel for the Site Acquisition Services completed for that Site according to the amounts set forth on Exhibit A. Such payment shall be made within fifteen (15) days of the date that the Assignment is executed by both parties. Notwithstanding anything contained in the Master Lease, such payment shall be the only payment or reimbursement which SpectraSite makes to Tritel for reimbursement of Pre-Development costs for the Sites identified on Exhibit A. Upon the execution of the Assignment of the Prime Lease from Tritel to SpectraSite, SpectraSite shall assume all responsibility for any Pre-Development Costs incurred after the date of the Assignment, subject to the terms of the Master Lease. (b) For each additional Tower Site which Tritel grants SpectraSite the right to develop, construct and lease for which SpectraSite has performed Site Acquisition Services, the amount of the reimbursement for such Site Acquisition Services shall be negotiated between the parties in accordance with the milestone price guide on Exhibit B attached hereto and shall be agreed upon in an exhibit which shall be attached hereto and made a part hereof and shall be incorporated into this Agreement as if originally executed and attached herewith and such agreement shall be effective upon the execution of the exhibit by duly authorized representatives of SpectraSite and Tritel. The amount of reimbursement for such Site Acquisition Services shall also be and shall be set forth in the Notice from Tritel to SpectraSite pursuant to paragraph 1.1(b) to the Master Lease and in the Acceptance of the Site by SpectraSite pursuant to paragraph 1.1(b) of the Master Lease.
Appears in 1 contract
Sources: Master Build to Suit and Lease Agreement (Tritel Finance Inc)
Pre-Development Costs. (a) For each Tower Site identified for which SpectraSite has performed Site Acquisition Services as defined in that certain Site Acquisition Services Agreement (the "Site Acquisition Services Agreement") by and between the parties dated the 28th day of July, 1998, and such Site Acquisition Services commenced prior to or on Exhibit A attached heretoJanuary 31, 1999, SpectraSite shall reimburse Tritel for [CONFIDENTIAL TREATMENT REQUESTED] per site upon the Site Acquisition Services completed for that Site according to the amounts set forth on Exhibit A. receipt of a SLA executed by Tritel. Such payment shall be made within fifteen (15) days of the date that the Assignment is executed by both parties. Notwithstanding anything contained in the Master Lease, such payment shall be the only payment or reimbursement which SpectraSite makes to Tritel for reimbursement of Pre-Development costs for the any Tower Sites identified on Exhibit A. upon which Site Acquisition Services commenced prior to January 31, 1999, but no further or otherwise. Upon the execution of the Assignment of the Prime Lease from Tritel to SpectraSite, SpectraSite shall assume all responsibility for any Pre-Development Costs incurred after the date of the Assignment, subject to the terms of the Master Lease.
(b) For each additional Tower Site which Tritel grants SpectraSite the right to develop, construct and lease for which SpectraSite has performed Site Acquisition ServicesServices which commenced after January 31, 1999, the amount of the reimbursement for such Site Acquisition Services shall be negotiated between the parties in accordance with the milestone price guide on Exhibit B attached hereto and shall be agreed upon in an exhibit which shall be attached hereto and made a part hereof and shall be incorporated into this Agreement as if originally executed and attached herewith herewith, and such agreement shall be effective upon the execution of the exhibit by duly authorized representatives of SpectraSite and Tritel. The amount of reimbursement for such Site Acquisition Services shall also be and shall be set forth in the Notice from Tritel to SpectraSite pursuant to paragraph 1.1(b) to the Master Lease and in the Acceptance of the Site by SpectraSite pursuant to paragraph 1.1(b) of the Master Lease.
Appears in 1 contract
Sources: Master Build to Suit and Lease Agreement (Tritel Finance Inc)