NYC 9/11 Public Portal Document
07/29/97 11:54 CARB LURIA LLP 12127880367 NO.554 POCA
for approval, all in connection with Landlord's preparation of the Final Plans as defined and
’T"
described in Article S below.
concurrently therewith pytio Licensor (i) the/attornevs fees aiyd wpenses incurrei
Licensor in connection with this License and the oronosi
,11 pj ilus fii) inti lal rate of ten percent flQ%)
7
from d^ of pi ior of Licensor*s Work Cost and said attorneys fees and
Licensor shall provide Licensee with a statement of all such costs together with
reasonably detailed back-up documentation within fifteen (15) business days after Licensee’s
giving of a termination notice, or if applicable, the expiration of tlie License. Such costs shall be
subject to audit by DCAS and/or its authorized representative and post-audit by the Comptroller
for the Chy of New York.
If, prior to the Expiration Date, Licensee shall terminate this license by reason of
Licensor’s breach of the terms of this License and Licensee cannot thereby enter into a lease of the
Licensed Premises because of uncompleted Licensor's Work pursuant to Article 5 hereof, no
Licensor Work Cost shall be payable If, prior to the Expiration Date, Licensor shall terminate
this License, except if due to a breach of the terms of this License by Licensee, no Licensor Work
Cost shall be payable from Licensee to Licensor. The Licensor’s Work Cost payment shall also
be waived in its entirety if Licensor and Licensee execute and deliver a lease of the Licensed
Premises during the term of this License pursuant to Article 3 of (his License, subject to the
provisions of said lease
-5-
NYC-WTC_000166852
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