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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

07/29/97 11:54 CARB LURIA LLP 12127880367 NO.554 P012

the Buildings. Fire Department Port Authorltv^d other regulatory agencies fif anv| which

require said submission in the timefirames set forth in thev

Within ten HO) . business days after DRES's approval of the Final Plans, Licensor/^^^^^^^

shall submit to DRES Building Department Port Authority administrative approvals with respect V )

to Final Plans as well as a copy of the work permit lor alternative document issued bv the Port

Authoriiy).

Licensor hereby warrants^a^represents tlpjUia^^eJ^icial capability and/or

ICHQ adequate financing to complete theihul rilULs in the^titn^ames se^nlrtierein. Licensor's i

misrepresentation with regard to its ability to provide or obtain adequate financing shall constitute

,J termination of this License on five (5) days written notice. * In the event Licensor foils to commence and/or foils to meet any applicable time 1 ,

frames, provided that Licensee is not responsible for Licensor's failure to comply with suchov .'C iTTTiT then Licensee shall give Licensor written notice (hereinafter referred to as “Delay time frames,

Notice”) advising Licensor of its failure to so commence and/or perform. If Licensor foils to

commence or perform its obligations above within five (5) days ft om the date of said Delay ’

Notice, subject to force majcure. Licensee, in addition to any other remedy it may have, may, at

it's option terminate this License on ten (10) business days written notice to Licensor without y''

liability for the repayment of the Licensor Woric Cost as defined in Article 1. subject to

Licensor’s right to digmite

the Delay Notice.

AJ8JKXLJS INTENTIONALLY OMITTED -a -

NYC-WTC_000166855

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NYC-WTC_000166855Source: 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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