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discretion for any assignment rights set forth in this section that are not directly related to the Radio
<br /> System as set forth herein. If Lessor gives its consent to any assignment, delegation, sublease or
<br /> other transfer, this paragraph shall nevertheless continue in full force and effect, and no further
<br /> assignment, delegation, sublease or other transfer shall be 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 /> whole or part of the Premises, or any portion of this Lease or any interest therein, Lessee shall
<br /> notify Lessor in writing of said desire to assign, delegate, sublease, transfer or to grant an option
<br /> and the details of the proposed agreement at least ninety (90) days prior to the proposed date of
<br /> assignment, delegation, sublease, transfer or grant to a third party. The notification shall include,
<br /> but not be limited to, the proposed date of the assignment, delegation, sublease, transfer or grant, a
<br /> description of the expected terms of the assignment,delegation or sublease or other transfer or grant
<br /> and a full disclosure of any and all payments and any and all other consideration of any kind to be
<br /> received by Lessee. Upon request by Lessor,Lessee shall provide:
<br /> i. a financial statement of the proposed assignee, delegatee, sublessee, transferee or
<br /> grantee;
<br /> ii. a copy of the assignment, delegation,sublease or other transfer or grant document;
<br /> iii. an affidavit from the proposed assignee, delegatee, sublessee, transferee or grantee
<br /> stating it has examined this Lease, has had the opportunity to consult with legal counsel regarding
<br /> the terms of the Lease and understands all such terms and conditions, agrees to assume and be
<br /> bound by all of the Lessee's obligations and covenants under this Lease as if it were the original
<br /> Lessee hereunder; and
<br /> iv. any other documents or information requested by Lessor related to the assignment,
<br /> delegation,sublease or other transfer or grant.
<br /> C. Approval by Lessor-- Fees. Lessor shall review the request and respond with either
<br /> an approval or disapproval of the request not later than ten (10) days prior to the proposed date of
<br /> assignment, delegation, sublease, transfer or grant. Disapproval of any such request shall be final
<br /> and binding on the Lessee and not subject to arbitration. Lessor shall charge to Lessee a reasonable
<br /> fee for administrative costs for the review and processing of any assignment, delegation,sublease or
<br /> other transfer or grant.
<br /> D. Included Property. "Included Property" shall mean the leasehold improvements
<br /> added by the Lessee and any non-removable fixtures purchased by the Lessee attached thereto that
<br /> are transferred to the assignee or sublessee as part of the assignment, sublease or other transfer. The
<br /> value of the included property shall be documented by appropriate appraisals, financial statements
<br /> or other business records prepared by an independent and qualified source.
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