Claims
- 1. A method for the long-term leasing by a company of a plurality of properties, two or more of which are separately owned, comprising:
identifying a suitable property to acquire through lease and tendering to each property owner a defined lease acquisition offer providing multiple scenarios or choices, comprising an offer to lease each property for a term of years with a lump sum payment as consideration.
- 2. The method of claim 1, wherein said properties are parcels of land.
- 3. The method of claim 2, wherein each parcel of land is within an area where a wireless communications facility is needed for a wireless communications network and contains a location desirable for positioning said facility.
- 4. The method of claim 3, wherein at least one wireless communications facility is a cell tower.
- 5. The method of claim 3, wherein said offer is to lease only a portion of each parcel of land comprising said desirable location, and access thereto, if necessary.
- 6. The method of claim 3, wherein said offer is to lease said entire parcel of land.
- 7. The method of claim 1, wherein said lump sum payment is divided into a series of shorter-term payments.
- 8. The method of claim 7, wherein said payment term is for less than one-half of said lease term.
- 9. The method of claim 1, wherein said lump sum payment is undivided.
- 10. The method of claim 9, wherein said lump sum payment is to be made within 90 days of lease execution.
- 11. The method of claim 1, wherein said lump sum payment is to be made in cash.
- 12. The method of claim 1, wherein said lump sum payment is to be made with negotiable securities having a reasonable degree of liquidity.
- 13. The method of claim 12, wherein said negotiable securities are stock or stock options in said company.
- 14. The method of claim 12, wherein said negotiable securities are one or more zero coupon bonds having an aggregate face value equal to said lump sum payment.
- 15. The method of claim 1, further comprising the step of financing said lump sum payment using negotiable securities with a reasonable degree of liquidity as collateral.
- 16. The method of claim 3, wherein after said identifying step and before said tendering step, said method further comprises the steps of:
determining the amount of debt encumbering each property; and calculating for each encumbered property a lump sum payment amount approximating the amount of debt encumbering the property to be used as a beginning point for negotiation.
- 17. The method of claim 3, wherein at least one offer further includes a first right of refusal for said company to purchase said parcel of land, or a portion of said parcel comprising said desirable location, and access thereto, if necessary, if the owner receives a purchase offer for said parcel, for which said lump sum payment also serves as consideration.
- 18. The method of claim 3, wherein at least one offer further includes an option exercisable by said property owner to sell to said company at a predetermined price said parcel of land, or a portion of said parcel comprising said desirable location, and access thereto, if necessary, for which said lump sum payment also serves as consideration.
- 19. The method of claim 3, further comprising, when an offer is refused, the step of tendering to each refusing landowner an offer to lease their property for a term of years with periodic rental payments over the term of the lease, with the balance payable as a lump sum at a predetermined discount at the option of said landowner at any time during the term of the lease.
- 20. The method of claim 19, wherein at least one offer further includes a first right of refusal for said company to purchase said parcel of land, or a portion of said parcel comprising said desirable location, and access thereto, if necessary, if the owner receives a purchase offer for said parcel, for which said lease payments also serve as consideration.
- 21. The method of claim 19, wherein at least one offer further includes an option exercisable by said property owner to sell to said company at a predetermined price said parcel of land, or a portion of said parcel comprising said desirable location, and access thereto, if necessary, for which said lease payments also serve as consideration.
- 22. The method of claim 3, wherein said offer is made to landowners currently leasing their property to said company for a term of years with periodic rental payments over the term of the lease less than one year before said lease is up for renewal.
- 23. The method of claim 3, wherein said offer is made to landowners currently leasing their property to said company for a term of years with periodic rental payments over the term of the lease more than one year before said lease is up for renewal.
- 24. The method of claim 3, wherein said offer is made to landowners currently not leasing their property.
- 25. The method of claim 3, wherein said offer does not include sharing of co-locator fees.
CROSS-REFERENCE TO RELATED APPLICATION
[0001] This application is related to and claims priority benefit under 35 U.S.C. §119(e) of U.S. Provisional Patent Application No. 60/429,667 filed Nov. 27, 2002, the disclosure of which is hereby incorporated herein by reference.
Provisional Applications (1)
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Number |
Date |
Country |
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60429667 |
Nov 2002 |
US |