Roy, Any well written and reviewed by an attorney tower lease should have an assignment clause.
All the major tower companies include that in their leases. From the tower companies point of view they will want to keep the new operator as a customer. The only time I have seen this as an issue was when the seller didn't have tower lease contracts just hand shake agreements. If you find that when doing your pre-purchase due diligence then you want to have the seller get all his tower leases in writing first. Garth ----- Original Message ----- From: Roy Sent: 8/21/2017 2:24:40 PM To: ubnt_users@wispa.org Subject: Re: [Ubnt_users] Purchase Agreement > Any leases especially for tower space could be a problem for an asset purchase. Things like that may not be transferable. On 8/21/2017 12:12 PM, G. Nicholas wrote: > As I general rule I would do an asset purchase. If you buy the Corporation or > LLC then you are inheriting any outstanding liabilities, tax liens or judgments, > lawsuits, etc. > > We have bought out 2 other WISPs so far as Asset purchases. > > Garth Nicholas > CFO > New Wave Net Corp > > ----- Original Message ----- > From: Roy > Sent: 8/21/2017 1:32:53 PM > To: ubnt_users@wispa.org > Subject: Re: [Ubnt_users] Purchase Agreement > >> _______________________________________________ >> Ubnt_users mailing list >> Ubnt_users@wispa.org >> http://lists.wispa.org/mailman/listinfo/ubnt_users >> > _______________________________________________ > Ubnt_users mailing list > Ubnt_users@wispa.org > http://lists.wispa.org/mailman/listinfo/ubnt_users > _______________________________________________ Ubnt_users mailing list Ubnt_users@wispa.org http://lists.wispa.org/mailman/listinfo/ubnt_users
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