Terms
and conditions:
We will move any leased translator to the lessee's
desired location, provided that the location is within the 250
mile limit set forth by the FCC and that a suitable frequency
can be found. lessee may use their own engineering to affect the
move, or we will provide the engineering at no additional
cost to the lessee. All leases require a $1000 deposit
that will be applied towards the first month's lease. Lease
deposits for unmovable translators will be refunded.
Mutual Exclusivity
The lessee will have the final decision
to execute the lease, if they deem that the translator
will be of benefit to them. lessor is not bound to supply any
translator until a lease agreement has been executed.
Translators that become mutually exclusive with other
applications are considered to be movable and subject to
payments under terms of the lease agreement. If the
channel goes to auction, the lessee shall decide how much to bid
and shall be responsible for payment to the FCC, if they are the
winning auction bid. A deposit equal to the amount
of the highest bid shall be made to an escrow account prior to
the start of an FCC auction. The auction deposit
shall become the property of the lessor in the event that an
auction payment is not made to the FCC by the lessee.
Winning the FCC auction does not convey the translator's license
to the lessee. Further, the lessee agrees that the channel
will be used for the lessor's translator for the duration of the
lease, unless mutually agreed otherwise in writing.
Lease costs
Lease amounts and
terms are negotiable. Generally, terms will be for five years,
renewable. Monthly lease fees vary by population coverage, but
generally will be $1,000/mo per 100,000 people served in the
60dBu contour. Minimum fee is $1,500/mo. Lease payments
commence at the lessor of 30 days after a construction permit
has been issued by the FCC or six months after an application
has been filed with the FCC.
Lease terms are net, net, net (triple net). lessee is
responsible for tower rent and construction of the facility.
lessors are supplying only the license.
Email us at
signals@translatorsrus.com or call 352-575-4499.
More on:
lease and lessee
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