NYC 9/11 Public Portal Document
workmanship in construction of Tenant’s Initial Work during the first year immediately following
Substantial Completion of such portion of Tenant’s Initial Work.
Following such first year, with respect to Tenant’s repair obligations, upon Tenant’s
request, to the extent existing and assignable. Landlord shall assign to Tenant the beneficial
interest in all warranties and guarantees received by Landlord from contractors and materialmen
engaged in its performance, as well as the right to enforce any contracts made with such
contractors and materialmen. Landlord hereby agrees to cooperate fully with Tenant in the event
that Tenant seeks to enforce its rights with respect to said warranties and guarantees. The
provisions of this paragraph shall be in addition to Landlord’s responsibility set forth in the
immediately preceding paragraph of this Article 13.
ARTICLE 14
CONDEMNATION
If the whole of the Demised Premises shall be taken in condemnation, this Lease shall
terminate upon the vesting of title in the condemnor and all rent and other charges paid or payable
by Tenant shall be apponioned as of the date of vesting of title in such condemnation proceeding.
If less than all but more than 30% of the useable area of the Demised Premises shall be
so taken in condemnation, then Tenant may either terminate this Lease as to the remainder of the
premises on ten (10) days written notice to Landlord or remain in possession of the remaining
portion of the premises under all of the terms, conditions and covenants of this Lease, except that
the rent thereafter shall be apponioned and reduced from the date of each such partial taking to
the amount equal to the product of the dollar amount of rent payable on such date and the number
F:\CR\LHC\ 4219.1016\NEWLSE.6 53
NYC-WTC_000169992
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