Common use of Acknowledgment Letter Clause in Contracts

Acknowledgment Letter. Within 60 days after obtaining all Regulatory Approvals for the Permitted Use on any License Area, Licensee shall deliver to the City a letter in the form of Exhibit A-3 to the Pole License (each, an “Acknowledgment Letter”). The purposes of the Acknowledgment Letter are to: (i) confirm the Commencement Date; (ii) tender or confirm payment by wire transfer of the License Fee for the first License Year, and the Security Deposit (by check, wire transfer, surety bond, or letter of credit), all in the amounts specified in the Basic License Information; (iii) provide to the City copies of all Regulatory Approvals; and (iv) provide to the City copies of required insurance certificates and endorsements related to the requirements under Article 19 (Insurance).

Acknowledgment Letter. Within 60 10 business days after obtaining all Regulatory Approvals for the Permitted Use on any License Area, Licensee shall deliver to the City a letter in the form of Exhibit A-3 A-2 to the Pole License (each, an “Acknowledgment Letter”). The purposes of the Acknowledgment Letter are to: (i) confirm the Commencement Date and the Effective Date; (ii) tender or confirm payment by wire transfer of the License Fee for the first License Year, and the Security Deposit (by check, wire transfer, surety bond, or letter of credit)Deposit/Bond/Financial Assurance under Article 23, all in the amounts specified in the Basic License Information; (iii) provide to the City copies of all Regulatory Approvals; and (iv) provide to the City copies of required insurance certificates and endorsements related to the requirements under Article 19 18 (Insurance).