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HomeMy WebLinkAboutAmendment No. 1 to Tower Lease with OptionSITE ID:P045-13 SITE NAMENiking AMENDMENT NO. 1 TO TOWER LEASE WITH OPTION This Amendment No. 1 to Tower Lease with Option ("Amendment") is entered into as of the date last signed by all parties hereto, and modifies and amends that Tower Lease with Option with an Effective Daterof May 23, 2002, the ("Lease"), by and between Frank K. Spain, DBA Microwave Service Company, ("Landlord"), and Omnipoint Holdings, Inc., dba VoiceStream Wireless, a Delaware corporation (Tenant") (the "Original Agreement"). NOW, THEREFORE, in consideration of the mutual covenants contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged and agreed, the parties agree as follows: ' The foregoing provisions and all exhibits attached hereto are hereby incorporated into this Amendment as if fully set forth herein. 2. Section 4. Rent. Delete the existing paragraph in the Lease and replace with the following: Tenant shall pay Landlord, as rent, one thousand and 20/100A,dollars ($1000.00) per month for the first two years of the Lease and thereafter'starting on the 25th month of the Initial Lease term Tenant shall pay Landlord, as rent, two thousand and no/100 dollars ($2,000.00) per -month ("Rent"). Rent shall be payable within twenty (20) days following the Commencement Date prorated for the remainder of the month in which the Commencement Date falls and thereafter Rent will be payable monthly in advance by the fifth day of each month to Microwave Service Company at landlord's address specified in Section 12 of the Lease. If the Lease is terminated at a time other than the last day of a month, Rent shall be prorated as of the date of termination for any reason (other than a default by Tenant) and all prepaid Rent shall be immediately refunded to Tenant. 3. Section 12 of the Original Agreement is hereby amended to replace Tenant's notice addresses with the following: If to Tenant. -to: T-Mobile, Inc. 12920 SE 38th Street Bellevue, WA 98006 Attn: PCS Leasing Administrator ' With a copy: Attn: Legal Dept. With a copy to: Omnipoint Holdings, Inc. dba VoiceStream Wireless 3111 W. Dr. Martin Luther King, Jr. Blvd. Suite 400 Tampa, FL 33607.6201 Attn: Real Estate Manager SITE IMP045-B SITE NAMEMking Except as expressly set forth above, all provisions of the Original Agreement remain unchanged and in full force and effect. Unless otherwise defined herein, the terms and conditions contained herein have the same meaning as in the Original Agreement. IN WITNESS WHEREOF, each of the parties have executed this Amendment as of the . date below their respective signatures. Witnesses: LANDLORD <Landlord Name> Printed Name: Its: or,. ', . VMPM�rM--�---00 .6. TENANT Omnipoint Holdings, Inc. dba VoiceStream Wireless By: �`- Printe eming Title: Director o Engineering ns Date: