NYC 9/11 Public Portal Document
6. (A) Tenant shall pay as additional rent for each Tax Year, all or any portion
of which shall be within the Term a sum ("Tenant's Pilot Payment") computed by multiplying
the Pilot Rate Multiple by the excess of the Pilot Square Foot Factor for such Tax Year over the
Base Pilot Square Foot Factor. Tenant's Pilot Pa OT=eaeh~T^x Year shall be due and
payable by Tenant within twenty-(30) thi days dftei iccelptof a demand from Landlord,
based upon the most recent Landlord's Statement. If there shall be any increase or decrease in
Pilot for any Tax Year, whether during or after such Tax Year, Landlord shall furnish a revised
Landlord's Statement for such Tax Year. If a Landlord's Statement is furnished to Tenant after
the commencement of a Tax Year in respec^m which such Landlord's Statement is rendered.
Tenant shall, within fifteen (15) thirty_l30rdavs-aftef'r^eipt of such statement, pay to Landlord
A
the amount of any underpayment of Tenant's Pilot Payment with respect to such Tax Year or in
the event of any overpayment. Landlord shall pay to Tenant the amount of Tenant's overpayment
either pav to Tenant or. at Tenant’s I. credit against subsequent payments of fixed
rent, the.Rmram of Tenant’s overpayment, except that anv overna^ gpt equal to less than
one monthly installment thereof shall be credited against subsequent payments of fixed refit
(anv overna due from Landlord to Tenant to be paid to Tenant within ti
after Tenant’s demand therefor). If at any time after the date hereof. Taxes or Pilot are
required to be paid (either to the appropriate taxing authorities or to the Ground Lessor or as
escrow payments to the holder of any superior mortgage or the lessor of any superior lease, in full
or in monthly, quarterly or other installments on any date or dates other than as presently
required, then upon notice thereof from Landlord, Tenant's Pilot Payment and Tenant's Tax
Payment shall be correspondingly accelerated or revised so that said Tenant's Pilot Payment and
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NYC-WTC_000170083
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