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Document / 113 pages

Draft lease for 7 World Trade Center, December 1997

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

NYC-WTC_000170060–000170172

Folder label: “AGREEMENT OF LEASE

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NYC 9/11 Public Portal Document

party other than the Broker with whom such indemnifying party has dealt for a commission or

other compensation in connection with this Lease which is based on the actions of such party or

its agents or representatives. The indemnified party shall cooperate with the indemnifying party

in any defense; the indemnified party shall not settle a claim, liability or action for which the

indenmifying party has the obligation to defend or indemnify without the indemnifying party’s

consent, which consent shall not be unreasonably withheld or delayed. The foregoing

indemnifications shall survive any expiration or termination of this Lease.

ARTICLE 30

CONDITIONS OF LIMITATION

(A) This Lease and the Term and estate hereby granted are subject to the limitations

that:

(a) if Tenant shall file a voluntary petition seeking an order for relief under Title

11 of the United States Code, or Tenant shall be adjudicated a debtor, bankrupt or insolvent, or

shall file any petition or answer seeking, consenting to or acquiescing in any order for relief.

reorganization, arrangement, composition, adjustment, winding-up, liquidation, dissolution or

similar relief with respect to Tenant or its debts under the present or any future federal

bankruptcy act or any other present or future applicable federal, state or other statute or law

(foreign or domestic), or shall file an answer admitting or failing to deny the material allegations

of a petition against it for any such relief or shall generally not, or shall be unable to, pay its

debts as they become due or shall admit its insolvency or its inability to pay its debts as they

become due, or shall make a general assignment for the benefit of creditors or shall seek or

consent or acquiesce in the appointment of any trustee, receiver, examiner, assignee, sequestrator.

F:\CR\LHC\ 4219.1016\NEWLSE.4 77

NYC-WTC_000170142

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NYC-WTC_000170142Source: NYC Law Department, mirrored locally

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Lease Agreement for 7 WTC, Mar 1998 · Box 7DCAS

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Official lease agreement between the City of New York and 7 World Trade Company, L.P. for space at 7 World Trade Center.

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