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This option may be exercised by Lessee only in the event that all rents have been fully paid <br /> and all provisions of this Lease on the part of Lessee to be observed by Lessee have been fully <br /> and faithfully observed. A new lease agreement for the Option Terms shall be unnecessary, as <br /> this Lease constitutes a present demise for both the Initial Term and the Option Terms. <br /> 6. ENGINEERING STANDARD AND PRACTICES: Lessor shall have <br /> engineering supervision over all equipment located on the property. Such supervision shall <br /> include: a) Frequency coordination and acceptability; b) Engineering specifications; c) <br /> Establishment of standards and practices consistent with and necessary for the avoidance or <br /> elimination of interference; and d) Acceptability of equipment, including radio transmitters and <br /> protective devices; and any decision on any of the foregoing matters by the Lessor shall be <br /> binding upon the Lessee. Lessor will furnish Lessee with the reasons for any of its decisions in <br /> this matter. Any interference caused by radio or television transmitting and/or receiving <br /> equipment to existing licensees shall be corrected and eliminated immediately by the party and/or <br /> parties causing the interference. <br /> 7. LEASE TAX: The possessory interest of Lessee in the property herein leased is <br /> subject to taxation under the laws of the State of Washington (Ch. 61, 1975-1976 Laws, 2d Ex. <br /> Sess., as amended) at the present rate of twelve point eighty-four percent (12.84%), or as may be <br /> amended by Washington State legislation, of the taxable rent to be paid to the Lessor monthly <br /> under the terms of this Lease. This tax is in addition to the monthly rent required above. Lessee <br /> agrees to pay and the Lessor agrees to collect and pay over to the State Department of Revenue <br /> the aforesaid leasehold excise tax in accordance with the statutes governing it. <br /> 8. UTILITIES AND FEES: Lessee agrees to pay all charges for all utilities and <br /> services utilized by Lessee on the property during the term of the Lease. All other items, <br /> including all license fees and other governmental charges assessed on Lessee (except property <br /> taxes and assessments which will be handled pursuant to the provisions in previous sections) will <br /> be paid directly by Lessee, failing which the Lessor may pay and bill Lessee, as additional rent, <br /> with interest at the highest rate allowed by law. <br /> 9. ASSIGNMENT AND SUBLETTING: <br /> A. General Prohibition - Consent Required. Lessee shall not assign or transfer this <br /> Lease or any interest or rights therein, nor delegate its duties under this Lease, nor sublease the <br /> whole or any part of the Site,nor grant an option for assignment, delegation,transfer or sublease for <br /> the whole or any part of the Site, nor shall this Lease or any interest thereunder be assignable, <br /> delegable or transferable by operation of law, or by any process or proceeding of any court or <br /> otherwise without obtaining the prior written consent of Lessor. If Lessor gives its consent to any <br /> assignment, delegation, sublease or other transfer, this paragraph shall nevertheless continue in <br /> full force and effect, and no further assignment, delegation, sublease or other transfer shall be <br /> made without Lessor's consent. <br /> B. Notice by Lessee — Production of Records. If Lessee desires to assign, delegate, <br /> sublease or transfer, or grant an option for assignment, delegation, sublease or transfer for, the <br /> Page 5 of 22 <br />