Sec.  27.602   Lease agreements.

   Guard Band licensees may enter into spectrum leasing arrangements under part
   1, subpart X of this chapter regarding the use of their licensed spectrum by
   spectrum lessees, subject to the following conditions:

   (a) The spectrum lease agreement between the licensee and the spectrum
   lessee must specify in detail the operating parameters of the spectrum
   lessee's system, including power, maximum antenna heights, frequencies of
   operation,  base  station location(s), area(s) of operation, and other
   parameters specified in Commission rules for the use of spectrum identified
   in  Sec. 27.5(b)(1) and (b)(2).

   (b) The spectrum lease agreement must require the spectrum lessee to use
   Commission-approved   equipment  where  appropriate  and  to  complete
   post-construction proofs of system performance prior to system activation.

   [ 72 FR 27713 , May 16, 2007]