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5/2/2016 10:08:04 AM
Official Document Type
Agenda Item Number
Capstar Radio Operating Company
Memorandum of Lease
Old Dixie WAXE Tower
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y IFilm COPY <br />,ERTIFICATION ON LASTPAGE <br />J.R.SMITH CLERK <br />OR►4,Tf ,PE -v1 ArTO,RA) ,1 <br />(Above space reterved for recd oder and recording information) <br />This instrument prepared by and after <br />recording return to: <br />Kirkland & Ellis LLP <br />300 North LaSalle Street <br />Chicago, IL 60654 <br />Attn: Chris McAdam, Esq. <br />MEMORANDUM OF LEASE <br />This MEMORANDUM OF LEASE is made and entered into as of May 5 , 2015 <br />by and between the Indian River County, a political subdivision of the State of Florida <br />whose address is 1840 25th Street, Vero Beach, FL 32960 Attn: Telecommunications <br />Manager ("Landlord"), and Capstar Radio Operating Company, a Delaware corporation, <br />as successor to Media VI, as successor in interest to Shargo, Inc., whose address is 2625 <br />South Memorial Drive, Suite A. Tulsa, OK 74129. Attn: Steve Davis ("Tenant"), who agree <br />as follows: <br />1. Terms and Premises. Pursuant to a certain License Agreement (the "Lease") dated <br />May 7, 1996, Landlord has leased to Tenant and Tenant has leased from Landlord' that <br />certain real property (the "Premises"), more particularly described on Exhibit "A" which is <br />attached hereto and incorporated herein, commencing on May 7, 1996 and terminating on <br />October 27, 2022. <br />2. Purpose of Memorandum of Lease. This Memorandum of Lease is executed and <br />recorded to give public notice of the Lease between the parties and all terms and conditions <br />of the Lease are incorporated by reference into this Memorandum and this Memorandum of <br />Lease does not modify the provisions of the Lease. If there are any conflicts between the <br />Lease and this Memorandum of Lease, the provisions of the Lease shall prevail. The rights <br />and obligations set forth herein shall be binding upon and inure to the benefit of the parties <br />hereto and their respective successors and assigns. Any term not defined herein shall have <br />the meaning as set forth in the Lease. <br />3. Special State Law Provisions. Notwithstanding anything to the contrary elsewhere in <br />this Memorandum of Lease, with respect to Premises located in the State of Florida: <br />MOL FPR -009, Indian River, FL. <br />
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