NYC 9/11 Public Portal Document
sublease, the effective or commencement date of which shall be not less than thirty (30) nor more
than one hundred eighty (180) days after the giving of such notice, (b) a statement setting forth in
reasonable detail the identity of the proposed assignee or subtenant, the nature of its business and
its proposed use of the Demised Premises, and (C) current financial information with respect to
the proposed assignee or subtenant, including, without limitation, its most recent financial report.
(C) Provided that Tenant is not in default of any of Tenant's obligations under this
■ Lease after notice and the expiration of any applicable grace period. Landlord's consent (which
must be in writing and in form reasonably satisfactory to Landlord) to the proposed assignment or
sublease shall not be unreasonably withheld or delayed, provided and upon condition that;
(a) Tenant shall have complied with the provisions of Paragraph B;
(b) In Landlord's reasonable judgment the proposed assignee or subtenant is
engaged in a business and the Demised Premises, or the relevant part thereof, will be used in a
manner which (i) is in keeping with the then standards of the Building, (ii) is limited to the use
expressly permitted under this Lease, and (iii) will not violate any negative covenant as to use
contained in any other lease of space in the Building;
(c) The proposed assignee or subtenant is a reputable person of good character
and with sufficient financial worth considering the responsibility involved, and Landlord has been
furnished with reasonable proof thereof;
(d) Neither (i) the proposed assignee or sublessee nor (ii) any person which,
directly or indirectly, controls, is controlled by, or is under common control with, the proposed
assignee or sublessee or any person who controls the proposed assignee or sublessee, is then an
occupant of any part of the Building;
(e) The proposed assignee or sublessee is not a person with whom Landlord is
then negotiating to lease space in the Building;
(f) The form of the proposed isublease shall be in form reasonably satisfactory
to Landlord and shall comply with the applicable provisions of this Article;
(g) ' No subletting shall be for less than approximately 11,5(X) contiguous
rentable square feet and at no time shall there be more than four (4) occupants, including Tenant,
in the Demised Premises;
(h) Tenant shall reimburse Landlord on demand for any reasonable costs that
may be incurred by Landlord in connection with said assignment or sublease, including, without
limitation, the costs of making investigations as to the acceptability of the proposed assignee or
subtenant, and reasonable legal costs incurred in connection with the granting of any requested
consent;
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