SBAC » Topics » SBA SENIOR FINANCE, INC.

This excerpt taken from the SBAC 10-K filed Mar 10, 2006.

SBA SENIOR FINANCE, INC.

solely in its capacity as owner of the Manager

Dated as of November 18, 2005

 



TABLE OF CONTENTS

 

          Page

SECTION 1.

   DEFINITIONS    1

SECTION 2.

   APPOINTMENT    4

SECTION 3.

   SITE MANAGEMENT SERVICES    4

SECTION 4.

   ADMINISTRATIVE SERVICES    6

SECTION 5.

   OPERATION STANDARDS    7

SECTION 6.

   AUTHORITY OF MANAGER    7

SECTION 7.

   OPERATING ACCOUNT; RECEIPTS    8

SECTION 8.

   BUDGETS    8

SECTION 9.

   OPERATING EXPENSES AND CAPITAL EXPENDITURES    9

SECTION 10.

   COMPENSATION    10

SECTION 11.

   EMPLOYEES    10

SECTION 12.

   BOOKS, RECORDS AND INSPECTIONS    11

SECTION 13.

   INSURANCE REQUIREMENTS    11

SECTION 14.

   ENVIRONMENTAL    12

SECTION 15.

   COOPERATION    12

SECTION 16.

   REPRESENTATIONS AND WARRANTIES OF MANAGER    12

SECTION 17.

   REPRESENTATIONS AND WARRANTIES OF OWNERS    13

SECTION 18.

   RESTRICTIONS ON OTHER ACTIVITIES OF MANAGER    14

SECTION 19.

   REMOVAL, SUBSTITUTION OR ACQUISITION OF SITES    15

SECTION 20.

   TERM OF AGREEMENT    15

SECTION 21.

   DUTIES UPON TERMINATION    17

SECTION 22.

   INDEMNITIES    17

SECTION 23.

   MISCELLANEOUS    18

LIST OF SCHEDULES AND EXHIBITS

 

Schedule I

   List of Sites   

Exhibit A

   Initial Budget   

Exhibit B

   Form of Manager Report   

 

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