Common use of SEVERANCE OF AGREEMENT Clause in Contracts

SEVERANCE OF AGREEMENT. (i) In order for Lessee's Affiliates from time to time to cause the financing of Sites, Lessee shall have the right to cause the severance of this Agreement (or future Severance Leases) into multiple Severance Leases and have the "lessee's/operator's" right under such Severance Lease for the Severed Sites (as well as the "lessor's" right under the Sprint Collocation Agreement with respect to the Severed Sites) assumed by a GSI Financing Subsidiary, provided this Lease shall not be severed into more than three (3) 90

Appears in 6 contracts

Samples: Master Lease and Sublease (Global Signal Inc), Master Lease and Sublease (Global Signal Inc), Master Lease and Sublease (Global Signal Inc)

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