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Lease excerpt on landlord obligations and tenant remedies, undated

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Contract text outlining procedures for landlord performance failures and tenant rights to deduct costs or withhold rent.

NYC-WTC_000170226–000170228

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NYC 9/11 Public Portal Document

terminate this Lease on ten (10) days written notice to Landlord,

unless such Hazardous Default is cured within BUch ten (10) day

period.-(-&4 If Tenant discontinues use of any part or all of the

Demised Premises because of Landlord's failure to previ-dc Water pursuant to perform its obligations under this Article 9(B)-, the

rent shall be reduced proportionately to the space not being used

by Tenant by reason of such failure until such Wat-er—ie—agai-n

being■provided obligations are substantially completed (or, if

earlier, until Tenant resumes use -fehereef-H- of such space).

f Tenant is still able to use the Demised Premises for

the purposes set forth in this Lease, but Landlord's failure to

timely perform its obligations under this Article adversely

affects Tenant's operations within the Demised Premises in a

material manner. Tenant shall be entitled, during such period, to

a bona fide equitable reduction in rent.

Anything herein to the contrary notwithstanding, (i) Tenant's rights under the foregoing provisions are conditioned

upon it having sent a copy of all of the above notices to the

first mortgagee of the Building as provided in Article 21 hereof

at the same time as it sends any such notice to Landlord; and

ii) all of the above time periods and Tenant's rights for

Landlord's failure to perform its obligations are subject to

force majeure circumstances, as set forth in Article 22.

ARTICLE 10 TENANT'S SERVICES

-34- J I 17724/0002/CD/1095S54.2

I NYC-WTC_000170228

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NYC-WTC_000170228Source: NYC Law Department, mirrored locally

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