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Activities. Company shall not bring in or permit the placement of any property within the Roof <br />Space any property of a weight in excess of the design capacity of the Roof Space. <br />3. Permit Fee. On or before the first day of each month during the Term (as defined <br />below) during which each Site Agreement is in effect, Company shall pay to City a monthly fee <br />(the "Permit Fee") in the amount set forth in each Site Agreement per month for Company's <br />license to conduct the Permitted Activities from the Permit Property described in the Site <br />Agreement. For any partial month at the beginning or end of the Term (as defined below) of this <br />Agreement, the Permit Fee shall be prorated based on the actual number of days in such month to <br />be prorated. Neither this Agreement nor any Site Agreement is intended to, nor shall it be <br />interpreted to, create or vest in Company any leasehold or any other property rights or interests in <br />any Permit Property or the improvements located thereon, or any part thereof. The Permit Fee for <br />each Site Agreement shall increase by three percent (3%) upon the one-year anniversary of the <br />Commencement Date for the Site Agreement and annually thereafter. <br />4. Electricity. It is understood and agreed that Company requires electricity to each <br />Roof Space twenty-four (24) hours per day for the maintenance and operation of the Equipment. <br />Subject to those conditions set forth herein and if required for operation of the Equipment, said <br />provision of electricity shall be provided to Company twenty-four (24) hours per day, three <br />hundred sixty five (365) days per year. City agrees to use reasonable diligence in providing <br />Company with access to electric service and ingress or egress; it being understood that City <br />reserves the right to temporarily discontinue electric service, or ingress or egress, at such times as <br />may be necessary when, by reason of accident, unavailability of employees, repairs, alterations or <br />improvements, or whenever by reason of strikes, walkouts, riots, acts of God, or any other <br />happening beyond the control of City, City is unable to provide the same. City shall use best efforts <br />to provide Company with prior written notice of any such discontinuance that is within City's <br />control. If the cost of electricity solely attributed to the Equipment at a specific Roof Space exceeds <br />five percent (5%) of the Permit Fee associated with that Roof Space on an annualized basis, <br />Company shall be responsible for payment of such excess amount which amount shall be included <br />with the invoice from City to Company for the subsequent Permit Fee payment. <br />5. Late Charge. Company acknowledges that the late payment of the Permit Fee will <br />cause City to incur administrative costs and other damages, the exact amount of which would be <br />impracticable or extremely difficult to ascertain. Company and City agree that if City does not <br />receive any such payment within ten (10) calendar days after such payment is due, Company shall <br />pay to City an amount equal to ten percent (10%) of the overdue amount as a late charge for each <br />month or partial month that such amount remains unpaid. The Parties acknowledge that this late <br />charge represents a fair and reasonable estimate of the costs that City will incur by reason of the <br />late payment by Company, but the payment of such late charge shall not excuse or cure any default <br />by Company under this Agreement. The Parties further agree that the payment of late charges <br />pursuant to this Section 5 and the payment of interest pursuant to Section 6 are distinct and separate <br />from one another in that the payment of interest is to compensate City for the use of City's money <br />by Company, while the payment of a late charge is to compensate City for the additional <br />administrative expense incurred by City in handling and processing delinquent payments, but <br />excluding attorneys' fees and costs incurred with respect to such delinquent payments. Acceptance <br />of any late fees and late charges shall not prevent City from exercising any of the other rights and <br />620\3185927.7 2 <br />