NYC 9/11 Public Portal Document
representations has been reviewed and verified by the Department of Citywide Administrative
Services, Department of Real Estate Services (“DRES”).
ARTICTE 1
TERM
The term (“Term”) of this Lease for which the Demised Premises are hereby leased,
shall commence on a date (herein called the “Commencement Date”) which shall be (i) the day
on which Tenant’s Initial Work (as defined in Article 6) in the general office portion of the
Demised Premises has been Substantially Completed (as defined in Article 6) or (ii) the day
Tenant, or anyone claiming under or through Tenant, first occupies all or any portion of the
Demises Premises and conducts business therein, whichever of (i) or (ii) occurs earlier, and shall
end at noon on January 31, 2018, which ending date is hereinafter called the “Expiration Date”,
or shall end on such earlier date upon which the Term may expire or be canceled or terminated
pursuant to any of the conditions or covenants of this Lease or pursuant to law. Promptly
following the Commencement Date the parties hereto (hereinafter sometimes referred to as the
“parties”) shall enter into a supplementary agreement fixing the date of the Commencement Date
but if the parties are unable to agree upon the Commencement Date within fifteen (15) days after
Landlord’s written request to enter into such supplementary agreement, such date shall be
determined by arbitration in the matter provided in Article 6 (J) and as and when so determined
the parties shall enter into such supplementary agreement.
ARTICLE 2
RENT
F:\CR\LHC\ 4219.1016\NEWLSE.4 3
NYC-WTC_000170068
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