Read this article to learn:
- The conditions precedent that need to be ful lled before assets are transferred
- What happens to towers that aren’t transferred in the first close
- Why the real value lies in the MLA
- How critical towers are sometimes treated differently
The devil is in the detail – the detail of painstakingly constructed and hard negotiated Sale and Purchase Agreements (SPAs) and Master Lease or Service Agreements (MLAs) that define the main terms in any tower transaction. Jeff Eldredge and Rob Dixon, Partners at Vinson & Elkins, have advised on numerous sale and leaseback transactions in…
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