New Mexico Radio Tower Lease and Indemnification Agreement

• Category: Leases - Radio Towers
• State: Multi-State
• Control #: US-60953
• Format: Word; Rich Text

Description

This Agreement is entered into by and between a lessor and a lessee. The lessor leases to the lessee a site for placement of a metal guide radio tower transmitter for use by the county on the lessors property. The lessee agrees to indemnify, defend and hold lessor harmless from any and all liability, suits, demands and claims for property damage or personal injury claimed or caused to any person, or any other claim arising directly or indirectly out of the placement, use and operation of the tower. The lessee further agrees to assume defense on behalf of the lessor of any litigation brought against the lessor relating to the tower and pay all costs, expenses, attorney fees and monetary awards incurred by the lessor in litigation. The New Mexico Radio Tower Lease and Indemnification Agreement is a legally binding contract that outlines the terms and conditions between a radio broadcasting company and the owner of a radio tower in the state of New Mexico. This agreement allows the broadcasting company to lease the radio tower for transmitting their radio signals and broadcasting their programs. Keywords: New Mexico, radio tower lease, indemnification agreement, broadcasting company, radio signals, programs. There are two main types of New Mexico Radio Tower Lease and Indemnification Agreements: 1. Commercial Lease Agreement: This type of agreement is entered into between a commercial radio station and the owner of the radio tower. It outlines the terms of the lease, including the rental amount, lease duration, access to the tower, maintenance responsibilities, insurance requirements, and indemnification clauses. 2. Non-Commercial Lease Agreement: This type of agreement is specific to non-commercial radio stations, such as educational or community-based stations. It follows similar terms and conditions as the commercial lease agreement, but may have additional provisions related to the station's non-profit status or special broadcasting requirements. The New Mexico Radio Tower Lease and Indemnification Agreement typically includes the following key elements: 1. Parties involved: Clearly identifies the broadcasting company and the tower owner, including their legal names and contact information. 2. Lease term: Specifies the duration of the lease, which can be either a fixed term or on a month-to-month basis. 3. Rental payment: Outlines the amount of rent to be paid by the broadcasting company to the tower owner, as well as the payment schedule. 4. Premises and tower access: Describes the specific area of the tower premises that the broadcasting company will have access to for installation and maintenance purposes. 5. Maintenance and repairs: States the responsibilities of both parties regarding the maintenance, repair, and upkeep of the tower and associated equipment. 6. Insurance requirements: Details the insurance coverage that the broadcasting company must maintain, including liability insurance and property insurance. 7. Indemnification clause: Specifies that the broadcasting company will be responsible for any claims, damages, or losses arising from their use or occupation of the tower premises. 8. Termination clause: Outlines the conditions under which the agreement can be terminated by either party, including notice periods and any associated penalties or fees. It is important to note that while the above elements are common in most New Mexico Radio Tower Lease and Indemnification Agreements, the specific terms and conditions may vary depending on the individual agreement and the negotiations between the parties involved.

The New Mexico Radio Tower Lease and Indemnification Agreement is a legally binding contract that outlines the terms and conditions between a radio broadcasting company and the owner of a radio tower in the state of New Mexico. This agreement allows the broadcasting company to lease the radio tower for transmitting their radio signals and broadcasting their programs. Keywords: New Mexico, radio tower lease, indemnification agreement, broadcasting company, radio signals, programs. There are two main types of New Mexico Radio Tower Lease and Indemnification Agreements: 1. Commercial Lease Agreement: This type of agreement is entered into between a commercial radio station and the owner of the radio tower. It outlines the terms of the lease, including the rental amount, lease duration, access to the tower, maintenance responsibilities, insurance requirements, and indemnification clauses. 2. Non-Commercial Lease Agreement: This type of agreement is specific to non-commercial radio stations, such as educational or community-based stations. It follows similar terms and conditions as the commercial lease agreement, but may have additional provisions related to the station's non-profit status or special broadcasting requirements. The New Mexico Radio Tower Lease and Indemnification Agreement typically includes the following key elements: 1. Parties involved: Clearly identifies the broadcasting company and the tower owner, including their legal names and contact information. 2. Lease term: Specifies the duration of the lease, which can be either a fixed term or on a month-to-month basis. 3. Rental payment: Outlines the amount of rent to be paid by the broadcasting company to the tower owner, as well as the payment schedule. 4. Premises and tower access: Describes the specific area of the tower premises that the broadcasting company will have access to for installation and maintenance purposes. 5. Maintenance and repairs: States the responsibilities of both parties regarding the maintenance, repair, and upkeep of the tower and associated equipment. 6. Insurance requirements: Details the insurance coverage that the broadcasting company must maintain, including liability insurance and property insurance. 7. Indemnification clause: Specifies that the broadcasting company will be responsible for any claims, damages, or losses arising from their use or occupation of the tower premises. 8. Termination clause: Outlines the conditions under which the agreement can be terminated by either party, including notice periods and any associated penalties or fees. It is important to note that while the above elements are common in most New Mexico Radio Tower Lease and Indemnification Agreements, the specific terms and conditions may vary depending on the individual agreement and the negotiations between the parties involved.