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Document / 95 pages

Administrative record file reference for 7 WTC project, undated

Machine-extracted title · confidence 80%

File identification record associated with the Department of Citywide Administrative Services and 7 World Trade Center.

NYC-WTC_000166927–000167021

Folder label: “AGREEMENT OF LEASE

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NYC 9/11 Public Portal Document

chief executive, chief operating, or chief financial officer of Landlord that avers that there is complete and accurate documentation in Landlord’s files to support each and every charge included in Base Year Operating Expenses.

Landlord must have supporting documents for each and every Base Year Operating Expense or it will be disallowed.

Such schedule of Base Year Operating Expenses must be accompanied by a repon of Landlord's Certified Public Accountant, which report must be based upon an audit conducted in accordance with generally accepted auditing standards and state whether the schedules of Base Year Operating Expenses present fairly the Base Year Operating Expenses of Landlord , as defined in the Lease. Tenant approves the format of Exhibit B hereto and agrees that said Exhibit B meets the requirements of the preceding sentence.

If Landlord fails to furnish any statements under this Article relating to Base Year Operating Expenses or Operating Expense Escalations under A.2. below within 180 days after the date due. Tenant may, upon thirty (30) days’ written notice, withhold all additional rent due and owing to Landlord for Operating Expense Escalations under A.2, below, until Landlord furnishes the foregoing statements. Tenant's liability for Operating Expense Escalations due pursuant to this Article and/or Landlord's liability for refunding any overpayment shall survive the expiration of the Term hereof.

Pending any audit by the Tenant or Comptroller of the Operating Expense Base Year, Tenant shall pay Operating Expense Escalations pursuant to the foregoing provisions hereof for such year as billed by Landlord, provided, however, that Tenant shall have the right to withhold a disputed amount on account of Operating Expense Escalations until the dispute in question is resolved; and upon completion of such audit Tenant shall be allowed to deduct immediately overcharges detected upon audit from any installment of rent then becoming due , or if at the end of the Lease term Tenant shall be entitled to a payment from Landlord for such amounts within thirty (30) days of Lease termination or expiration.

Tenant shall have the right to copy, examine and audit Landlord's Base Year Operating Statement.

A.2 LANDLORD’S STATEMENT OF OPERATING EXPENSE ESCALATIONS

Consiuner Price Index Adjustments 1. Definitions

1.1 “Price Index” shall mean “The Consumer Price Index for U.S. City Average- All Urban Consumers (1982-84 equals 1(X)), issued by the Bureau of Labor Statistics of the United States Department of Labor.

F:\CR\LHC\ 4219.1016\NEWLSE.FNL 8

NYC-WTC_000166938

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NYC-WTC_000166938Source: NYC Law Department, mirrored locally

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Lease Agreement for 7 WTC, Mar 1998 · Box 7DCAS

NYC-WTC_000169723

Official lease agreement between the City of New York and 7 World Trade Company, L.P. for space at 7 World Trade Center.

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Draft lease agreement, August 1997 · Box 7DCAS

NYC-WTC_000170296

Draft lease agreement between the City of New York and 7 World Trade Company for 45,815 square feet at 7 World Trade Center.

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