Common Contracts
1 similar Attachment License Agreement contracts
Attachment License Agreement Term SheetAttachment License Agreement • February 23rd, 2021
Grant - Revocable, Nonexclusive License to install and maintain attachments on certain transmission poles.- Access to Pole granted with understanding certain Poles may be subject to Reserve Capacity for future electric service use.- No sub-licensing Term - Up to 20 years Renewal Terms Automatically renew for up to five-year terms until terminated by either Partyby 6 months written notice. Adequate Assurance / Security Deposit - Performance bond, letter of credit, or cash deposit- Purpose to ensure performance of obligations and payment of any claims or damages. Pole Attachment Rates and OtherFees - Annually for the per-pole Attachment Rate- Rate updated at annual review which results in a ±5% change Taxes and Fees - Licensee solely responsible for paying any and all taxes, franchise fee or assessments by any governmental entity related to the Attachments, if any, when due.- SC Sales Tax Added to Invoice unless exemption evidence provided.- Payments in Lieu of Taxes included in Rate. Us
