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License agreement between City and 7 WTC Company, July 1997

Machine-extracted title · confidence 95%

Formal license agreement establishing terms for office space usage at 7 World Trade Center by the City of New York.

NYC-WTC_000166849–000166867

Folder label: “LICENSE AGREEMENT

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NYC 9/11 Public Portal Document

07Z29/97 11:54 CARB LURIA LLP 12127880367 hD.554 POce

in the same manner as notices are permitted to be given to Licensee under this Licensee, (4) not

to interpose any answer, defense, objection or counterclaim fberein. (5) not to make any motion

therein, (6) to consent to entry' of final judgement of possession in favor of Licensor, (7) to

comply fi.'Uy with said judgement and vacate tlte Licensed Premises and not to appeal from or

oppose the same, and (8) to consent to the issuance of a warrant of eviction against Licensee, to

comply fully therevzith and not to appeal from or oppose the same.

ARTICLE 1

COMMENCEMENT; TERM; TERMINATION

This License shall commence as of the date this License, is fully executed by Licensor

and Licensee (the “Execution Comnieocement Date”) and will continue until terminated by

Licensor or Licensee as hereinafter provided. During the term of tliis License, Licensor agrees

not to execute a lease of the Licensed Premises vvilli any party otiicr tlian Licensee.

Subject to the provisions of this License to the contrary, either Licensor or Licensee

may terminate this License on tidily (30) days written notice to the other at any time and for any

reason

In the event Licensee terminates this License, then within sixty (60) days after the

"^i^n'sorW^o^^^t"^q^4^he^^^ap^^ed^a^^^tCoi^eT b^^ce^nsee for

the following: (a) architect’s fees and/or engineering fees: fb) expeditor’s fees and filing and

permit fees for the submission of same to the appropriate govemnientaJ authorities, including.

without limitation, the Port Authority of New York and New Jersey (the **Port Authority**)

-4-

NYC-WTC_000166851

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NYC-WTC_000166851Source: NYC Law Department, mirrored locally

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8 shared non-person entities · 1 shared topics · Same agency, volume and box · similarity 0.969

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