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Document / 120 pages

Draft lease for 7 World Trade Center, March 1998

Machine-extracted title · confidence 95%

Draft lease agreement between the City of New York and 7 World Trade Company for Mayor's Office space.

NYC-WTC_000169936–000170055

Folder label: “AGREEMENT OF LEASE

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NYC 9/11 Public Portal Document

ARTICLE 4

TAX AND OPERATING EXPENSE ESCALATIONS

Landlord and Tenant agree that in addition to the annual base-rental Base Rent provided

for in the preceding paragraphs of this Lease, additional rent shall be payable, consisting of Real

Estate Tax Escalations or Pilot Escalations and Operating Expense Escalations as those terms are

hereinafter defined. Landlord and Tenant agree Tenant’s pro-rata share of Real Estate Tax

Escalations, Pilot Escalations, and Operating Expense Escalations accurately reflects the ratio of

Tenant’s rentable square footage to the total rentable square footage in the Building.

A l BASE YEAR OPERATING EXPENSES

“Base Year Operating Expenses” shall be defined as all reasonable costs and expenses

(and taxes thereon), without duplication, paid or incurred by Landlord in [see A.2. 1.4, i.e. the

Operating Expense Base Year,] in the reasonable exercise of Landlord’s business judgment with

respect to following:

I. Items included in Operating Expenses

(1) Labor costs for the services of the following classes of employees performing services required in connection with the operation, cleaning, safety, security, repair and maintenance of the Real Property (including, without limitation, all Building equipment):

(i) the Building manager who works full time on the Building.

(ii) engineers, mechanics, electricians, plumbers, porters and janitors engaged on a full or part-time basis in the actual operation, repair and maintenance of any part of the Real Property, including but not limited to cleaning and the heating, air conditioning, ventilating, plumbing, electrical, elevator and all systems of the Real Propeny, provided that in the case of such part-time

F:\CR\LHC\ 4219.1016\NEWLSE.6 7

NYC-WTC_000169946

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NYC-WTC_000169946Source: NYC Law Department, mirrored locally

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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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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.

16 shared non-person entities · 1 shared topics · Same agency, volume and box · similarity 0.996

machine-extracted · confidence unavailable · Check page ↗

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