NYC 9/11 Public Portal Document
rent or in the payment when due of any additional rent, and any such default shall continue for a
period of five (5) business days after notice by Landlord to Tenant that such rent is due; or
(d) if Tenant shall default in the performance of any term of this Lease on
Tenant's part to be performed (other than the payment of fixed rent and additional rent) and
Tenant shall fail to remedy such default as soon as practicable and in any event within fifteen (15)
days after notice by Landlord to Tenant of such default, or if such default is of such a nature that
it can be remedied, but cannot be completely remedied within said period of fifteen (15) days, if
Tenant shall not (x) promptly upon the giving by Landlord of such notice, advise Landlord of
Tenant's intention to institute all steps necessary to remedy such situation, (y) promptly institute
and thereafter diligently prosecute to completion all steps necessary to remedy the same, and (z)
complete such remedy within a reasonable time after the date of the giving of said notice by
Landlord and in any event prior to such time as would either (i) subject Landlord, Landlord's
agents, superior lessor or superior mortgagee to prosecution for a crime or (ii) cause a default
under the Underlying Lease or the superior mortgage; or
(e) if any event shall occur or any contingency shall arise whereby this Lease or
the estate hereby granted or the unexpired balance of the Term would, by operation of law or
otherwise, devolve upon or pass to any person other than Tenant except as is expressly permitted
under Article 20; or
(f) if the Demised Premises shall become abandoned (and the fact that any of
Tenant's property remains in the Demised Premises shall not constitute evidence that Tenant has
not abandoned the Demised Premises) or if Tenant shall fail to take occupancy of the Demised
Premises, or a floor thereof, as the case may be, within one hundred eighty (180) days after the
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NYC-WTC_000170144
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