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2000-237
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2000-237
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Last modified
7/12/2024 12:03:43 PM
Creation date
7/12/2024 12:03:38 PM
Metadata
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Template:
Official Documents
Official Document Type
Certificate
Approved Date
08/08/2000
Control Number
2000-237
Agenda Item Number
11.C.
Entity Name
Sandab Comm. Limited Partnership II to Vero Beach Broadcasters,
Subject
Estoppel Certificate & Assignment of License
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ESTOPPEL CERTIFICATE, <br />ro, Vero Beach Broadcasters, LLC <br />From: Board of County Commissioners <br />Indian River County, Florida. <br />Ile: J,hat certain License to occupy and Improve County Properly dated March 17, <br />1992, and by and between Indian River County, a political subdivision of the <br />State or Florida, and 5andab Communications L.P. 11 (the "License"') <br />Date: August _8,2000 <br />it is our understanding; that upon the closing of the transactions contempiated by that <br />certain Asset Purchase Agreement by and between Sandab Communications L.P. 11 („Seller"), <br />and Vera Beach Broadcasters, LLC ("Buyer"), dated April 25, 2000, Buyer will assume. the <br />I.icense (the "Assignment"), and that Buyer is requiring; this certificate as a condition of its <br />assumption of the License. <br />Tltc undersigned, tis the grantor of the License (the "County"), hereby approves of the <br />Assignment in accordance with Section 9 of the License, anti certifies the fiillowillg: <br />I . The License, attached hereto and made a hart hereol'as s! xliibit A, is in full force <br />and effect and has not been assigned, modified, supplemented, or amended in any Way, <br />1 To the best of the County's knowledge, as of the date hereof, no party to the <br />License is in dcfault under the Liecnse tlnd no event has occurred that, with the giving; of notice. <br />wntdlor the passage of time, would constitute a dorault thereunder. <br />3. The l ,icense's term expires oil March 17, 2012 and no rent is payabic under the <br />,'iccnsc. <br />4. 1'ltc County is the owner in fee simple of the property described it, the License, <br />sub}cc( only to covenants, casements, restrictions of record, liens, any state of facts that an <br />accurate survey would show, and the License. 'i'lle undersigned is duly authorized and <br />empowered to execute this certificate oil the County's behalf. <br />S. The County hereby consents to the Assignment, accepts the Buyer as "Licensee" <br />under the License, and acknowledges and agrees that From and after the effective (late of the <br />Assignment, the Buyer Shull be entitled to the rights, beilerits, and privileges of, and shall be <br />siilIiect to all the (tutics and obligations imposed on, the Licensee Under the License. <br />
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