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Document / 33 pages

Draft lease agreement for 7 WTC premises, Dec 1997

Machine-extracted title · confidence 95%

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

NYC-WTC_000170192–000170224

Folder label: “AGREEMENT OF LEASE

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NYC 9/11 Public Portal Document

Completion of Tenant’s Initial Work and receipt of an invoice from Landlord. fOPEN -

PROGRESS PAYMENTS FOR OVERAGE1 Any payment by Tenant after said 45 days shall

be made together with interest at 2 points over the Base Rate from date of Substantial Completion

to date(s) of payment. Said payment by Tenant may exclude the undisputed value of punch list

items, which amount shall be paid promptly by Tenant after completion by Landlord.

(J) Any dispute regarding the determination of Substantial Completion of Tenant’s

Initial Work and/or the Commencement Date shall be resolved by arbitration, in the manner by

the rules and before the American Arbitration Association (or any successor organization) in New

York County. The party desiring arbitration shall appoint as arbitrator on its behalf, a person

having at least 10 years relevant experience and give notice written notice to the other party who

shall, within 15 days thereafter, appoint a second person having at least 10 years relevant

experience and give written notice thereof to the first party. The arbitrators so appointed, shall

within 15 days following the appointment of the second arbitrator appoint a third disinterested

person having no less than 10 years relevant experience.

Said arbitrators shall, as promptly as possible (but in any event within 30 days

following the appointment of the third arbitrator) determine the dispute by a majority of the

arbitrators, whose decision shall be binding and conclusive upon the parties hereto. Each party

shall bear its own fees and expenses of (i) its own attorneys and other experts and the arbitrator

that it selected and (ii) be responsible for one-half the fees and expenses of the third arbitrator.

The arbitrators shall have no power to vary or modify any of the provisions of

this Lease, and their powers and jurisdiction are limited accordingly. The decision of the

arbitrators shall be binding upon the parties, and may be entered as a judgment in any court

F:\CR\LHC\ 4219.1016\NEWLSE.5 30

NYC-WTC_000170210

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NYC-WTC_000170210Source: NYC Law Department, mirrored locally

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Draft lease agreement, August 1997 · Box 7DCAS

NYC-WTC_000170296

Draft lease agreement between the City of New York and 7 World Trade Company for 45,815 square feet at 7 World Trade Center.

9 shared non-person entities · 1 shared topics · Same agency, volume and box · similarity 0.995

machine-extracted · confidence unavailable · Check page ↗
Lease Agreement for 7 WTC, Mar 1998 · Box 7DCAS

NYC-WTC_000169723

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

9 shared non-person entities · 1 shared topics · Same agency, volume and box · similarity 0.992

machine-extracted · confidence unavailable · Check page ↗

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