§  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 § 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]