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NEW CINGULAR WIRELESS PCS, LLC OCTAGON TOWERS, LLC
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NEW CINGULAR WIRELESS PCS, LLC OCTAGON TOWERS, LLC
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Last modified
5/28/2020 11:55:45 AM
Creation date
5/26/2020 9:32:37 AM
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Contracts
Company Name
NEW CINGULAR WIRELESS PCS, LLC OCTAGON TOWERS, LLC
Contract #
A-2010-135-01
Agency
PARKS, RECREATION, & COMMUNITY SERVICES
Council Approval Date
7/19/2010
Expiration Date
4/18/2021
Destruction Year
2026
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A-2010-135-01 <br />INSURANCE NOT REOUIRED <br />WORK A4AY PROCEED <br />CLERK 0� COUNCIL GROUND LESSOR ESTOPPEL CERTIFICATE <br />rUTr. (GROUND LESSEE FA#10127664) <br />PY4CA IVIM (vevarcu <br />This Ground Lessor Estoppel Certificate (this "Certificate") is made by the party <br />identified as the ground lessor in the signature block below ("Ground Lessor") for the benefit of <br />the Ground Lessee identified below and Octagon Towers, LLC and its subsidiaries (collectively, <br />"Bu er"). <br />RECITALS: <br />A. NEW CINGULAR WIRELESS PCS, LLC ("Ground Lessee") is the lessee of <br />certain real property pursuant to a lease, license or other occupancy agreement (the "Lease") <br />dated 04/19/2011, by and between Ground Lessor and Ground Lessee, relating to premises <br />described in the Lease. <br />B. Ground Lessee intends to assign its interest in the Lease to Buyer and Buyer <br />intends to assume the obligations under the Lease. <br />C. In connection with the proposed assignment, Ground Lessee and Buyer have <br />requested this Certificate from Ground Lessor. <br />Estoppel Certificate. Ground Lessor certifies to Ground Lessee and Buyer that <br />the following statements are true as of the date hereof: <br />(a) Ground Lessee is the current Ground Lessee under the Lease (a full copy <br />of which, including all amendments thereto, is annexed as Exhibit A)' <br />(b) The Lease is in full force and effect, has not been assigned by Ground <br />Lessor to any other party and contains the entire agreement between Ground Lessor and <br />Ground Lessee with respect to the premises described in the Lease; <br />(c) The Commencement Date under the Lease was April19, , 2011 <br />and the term of the Lease will end on April 1.8, 2021 subject only to the <br />Ground Lessee's options to renew the Lease for three (3) successive periods <br />of five (5) years each. The current monthly base rental is $'1284.57 Monthly rent <br />under the Lease has been paid through April 202Q and <br />(d) No default exists under the Lease on the part of Ground Lessor or Ground <br />Lessee, and, to Ground Lessor's knowledge, no event or condition has occurred or exists <br />which, with notice or the passage of time or both, would constitute a default by Ground <br />Lessee under the Lease. <br />Executed as of May 11, 2020. <br />City of Santa Ana <br />By: See attached signature page <br />Name: <br />
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