NYC 9/11 Public Portal Document
II
(2)
WHEREAS, the Landlord shall pay any PILOT, assessments, water rates and sewer rents;
WHEREAS, the Tenant shall reimburse the Landlord for the Tenant’s proportionate share
(2.59%) of any increase in real estate taxes or PILOT over the real estate taxes or PILOT for the
base fiscal year 1997/1998;
WHEREAS, the Tenant shall reimburse the Landlord for its proportionate share (2.59%) of any
increase in the landlord’s operating expenses above the audited base calendar year of 1998. Such
increase amount shall be the audited base year increased by the applicable CPI annually during the
term of the lease;
WHEREAS, the Landlord shall make interior, exterior, and structural repairs, including but not
limited to maintenance, repair and replacement to the roof, sidewalks, windows, elevators,
plumbing, electrical, heating, ventilation and air-conditioning equipment. Tenant shall reimburse
Landlord for the costs of interior repairs, the cost of maintenance and repairs to Tenant’s air-
conditioning equipment servicing the demised premises, including the supplemental air-
conditioning equipment, and the cost of any such repairs caused by Tenant’s use, negligence or
intentional acts;
WHEREAS, the Tenant shall pay the Landlord for Tenant’s electricity by sub-meter. Tenant
shall have an option, as further outlined in the lease, to have the premises directly metered to the
public utility company. Landlord shall install such direct meter and any necessary risers and
wiring, and Tenant shall reimburse Landlord for such costs;
WHEREAS, the Tenant shall have the right to have an equipment room and antennae on the roof
and shall pay Landlord $42,000.00 per annum for such use;
WHEREAS, the Landlord shall certify, prior to substantial completion, that there are no asbestos
containing materials in the demised premises and the common areas to which tenant has access;
I
NYC-WTC_000169339
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