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Document / 30 pages

License agreement between City and 7 WTC Company

Machine-extracted title · confidence 90%

A 30-page license agreement dated March 25, 1998, for the Mayor's Office of Emergency Management to occupy the 23rd floor at 7 World Trade Center.

NYC-WTC_000169388–000169417

Folder label: “LICENSE AGREEMENT

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Scanned page image, NYC-WTC_000169395
OCR text

OCR status: ok · source: pdftotext

NYC 9/11 Public Portal Document I,

Licensed Premises because of uncompleted Licensor's Work pursuant to Article 5 hereof through no

fault or neglect of Licensee, no Licensor Work Cost shall be payable by Licensee. Except as

provided in the third and fourth paragraphs of this Article 1. if, print to the Expiration Date, Licensor

shall terminate this License, except if due to a breach of the tsnns of this License by Licensee, no

Licensor Work Cost shall be payable from Licensee to Licensor. Subject to the provisions of said

lease, the Licensor’s Work Cost payment under this License shall also be W'aived in its entirety if

Licensor and Licensee execute and deliver a lease of the Licensed Premise.^ during the term of this

License pursuant to Article 3 of this License to be applied towards “Landlord's Maximum I

Contribution” under said lease.

ARTICLE 2

T.irrNST: fee I i Subject to the following provisions of this Article and performance of Licensor’s t obligations under Article 5, Licensee shall pay a license fee of one dollar ($1.00) upon the Expiration

Date. The license fee shall be payable at Licensor's address hereinbefore set forth or at such other

address as may be designated by Licensor from time tn time, by notice in the manner provided

herein.

article 3

OPTION TO LEASE

In consideration for entering into this License and agreeing to obey the covenants

herein, including payment of the license fee. Licensee is hereby granted, during the term of this

5 AiXTWTLICS.HPD

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I' NYC-WTC_000169395

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NYC-WTC_000169395Source: NYC Law Department, mirrored locally

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