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Draft lease agreement for 7 WTC premises, August 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_000170238–000170294

Folder label: “AGREEMENT OF LEASE

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NYC 9/11 Public Portal Document

overcharges detected upon audit from any installment of rent then becoming due , or if at the end

of the Lease term Tenant shall be entitled to a payment from Landlord for such amounts within

thirty (30) days of Lease termination or expiration.

Tenant shall have the right to copy, examine and audit Landlord's Base Year Operating

Statement.

A.2 LANDLORD’S STATEMENT OF OPERATING EXPENSE ESCALATIONS

Consumer Price Index Adjustments

1. Definitions

1.1 “Price Index” shall mean “The Consumer Price Index for U.S. City Average-

All Urban Consumers (1982-84 equals 100), issued by the Bureau of Labor Statistics of the

United States Department of Labor.

1.2 “Base Price Index” shall mean the Price Index for the month of January,

1998.

1.3 “Lease Year” shall mean each period of twelve (12) consecutive months.

beginning on the first day of January of each calendar year, during the Term of this Lease.

1.4 “Operating Expenses Base Year” shall mean the calendar year 1998.

2. “Operating Expense Escalation”shall mean a sum payable by Tenant to

Landlord each Lease Year computed by multiplying the sum representing the Base Year

Operating Expenses as defined under Subsection A. 1 of this Article 4 by the percentage, if any.

by which the average Price Index, as published for the month following the last month of the

Lease Year in question, shall exceed the Base Price Index. Such sum shall be multiplied by 2.37

12

NYC-WTC_000170252

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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.

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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 0.993

machine-extracted · confidence unavailable · Check page ↗

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