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GTP Site ID: FL -5586
<br />GTP Site Name: Vero Beach
<br />then only for as long as it remains, the owner of the Licensehold estate credited hereby or thereby. This License
<br />shall not be amended or modified without the consent of any Lender which has delivered the notice provided for
<br />in Section 23(a) hereof. In the event that a Lender shall become the owner of such Licensehold estate, such
<br />Lender shall not be bound by any modification or amendment of the License made subsequent to the date of the
<br />Mortgage and delivery to the County of the notice provided in Section 23(a) hereof and prior to its acquisition
<br />of such interest unless Lender shall have consented to such modification or amendment at the time it was made
<br />or at the time of such acquisition.
<br />24. RIGHT TO NEW LICENSE.
<br />In the case of termination of this License for any reason, or in the event this License is rejected or
<br />disaffirmed pursuant to any bankruptcy, insolvency or other law affecting creditor's rights, the County shall
<br />give prompt notice thereof to a Lender whose name and address the County has received pursuant to notice
<br />made in compliance with the provisions of Section 23(a), at the address of such Lender set forth in such notice,
<br />and otherwise in the manner provided by Section 26 of this License. The County, on written request of such
<br />Lender made any time within thirty (30) days after the giving of such notice by the County, shall promptly
<br />execute and deliver a new License of the Premises to Lender or its designee or nominee, for the remainder of
<br />the term upon all the covenants, conditions, limitations and agreements contained herein (including, without
<br />limitation, options to extend the term of this License) except for such provisions which must be modified to
<br />reflect such termination, rejection or disaffirmance and the passage of time, provided that such Lender (i) shall
<br />pay to the County, simultaneously with the delivery of such new License, all unpaid rent due under this License
<br />up to and including the date of the commencement of the term of such new License and all reasonable expenses,
<br />including, without limitation, reasonable attorneys' fees and disbursements and court costs, incurred by the
<br />County in connection with the default by the Global Tower, the termination of this License and the preparation
<br />of the new License, and (ii) shall cure all defaults existing under this License which are susceptible to being
<br />cured by such Lender promptly and with due diligence after the delivery of such new License. Notwithstanding
<br />anything to the contrary contained herein, provided such Lender shall have otherwise complied with the
<br />provisions of this Section 24, such Lender shall have no obligation to cure any defaults which are not
<br />susceptible to being cured by such Lender (for example, the bankruptcy of the Global Tower).
<br />Any such new License and the estate thereby created shall, subject to the same conditions contained
<br />in this License, continue to maintain the same priority as this License with respect to any mortgage, including
<br />any fee mortgage, encumbering the Premises or any part thereof or any licensed interest therein or any other
<br />lien, charge or encumbrance thereon whether or not the same shall then be in existence. Any new License made
<br />pursuant to this Section 24 shall be accompanied by a conveyance of the County's interest, if any, to the
<br />improvements on the land demised hereby (free of any mortgage or other lien, charge or encumbrance created
<br />or suffered to be created by the County but not any mortgage or other lien, charge or encumbrance created or
<br />suffered to be created by the Global Tower) for a term of years equal in duration to the term of the new License
<br />as the same may be extended pursuant to the provisions of said new License, subject, however, to any License
<br />of such improvements theretofore made by the Global Tower, as County, which is then in effect. Concurrently
<br />with the execution and delivery of such new License, the County shall assign to the Global Tower named
<br />therein all of its right, title and interest in and to moneys (including insurance and condemnation proceeds), if
<br />any, then held by or payable to the County or any other depository which the Global Tower would have been
<br />entitled to receive but for the termination of this License, and any sums then held by or payable to the County or
<br />such depository shall, subject to the provisions of Section 25 hereof, be deemed to be held by or payable to it as
<br />the County or depository under the new License.
<br />Upon the execution and delivery of a new License under this Section 24, all sub -licenses which
<br />theretofore have been assigned to, or made by, the County shall be assigned and transferred, without recourse,
<br />by the County to the Global Tower named in such new License. Between the date of termination of this
<br />License and the date of execution of the new License, if a cancel any sub -licenses or accept any cancellation,
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