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Document / 114 pages

Draft lease agreement, August 1997

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

NYC-WTC_000170296–000170409

Folder label: “AGREEMENT OF LEASE

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NYC 9/11 Public Portal Document

July 1 of each year, or such other period of twelve (12) months as may be duly adopted as the

fiscal year for real estate tax purposes in the City of New York.

6. (A) Tenant shall pay as additional rent for each Tax Year, all or any portion

of which shall be within the Term a sum ("Tenant's Pilot Payment") computed by multiplying

the Pilot Rate Multiple by the excess of the Pilot Square Foot Factor for such Tax Year over the

Base Pilot Square Foot Factor. Tenant's Pilot Payment for each Tax Year shall be due and

payable by Tenant within twenty (20) days after receipt of a demand from Landlord, based upon

the most recent Landlord's Statement. If there shall be any increase or decrease in Pilot for any

Tax Year, whether during or after such Tax Year, Landlord shall furnish a revised Landlord's

Statement for such Tax Year. If a Landlord's Statement is furnished to Tenant after the

commencement of a Tax Year in respect of which such Landlord's Statement is rendered. Tenant

shall, within fifteen (15) days after receipt of such statement, pay to Landlord the amount of any

underpayment of Tenant's Pilot Payment with respect to such Tax Year or in the event of any

overpayment, Landlord shall pay to Tenant the amount of Tenant's overpayment. If at any time

after the date hereof. Taxes or Pilot are required to be paid (either to the appropriate taxing

authorities or to the Ground Lessor or as escrow payments to the holder of any superior mortgage

or the lessor of any superior lease, in full or in monthly, quarterly or other installments on any

date or dates other than as presently required, then upon notice thereof from Landlord, Tenant's

Pilot Payment and Tenant’s Tax Payment shall be correspondingly accelerated or revised so that

said Tenant's Pilot Payment and Tenant's Tax Payment are due at least thirty (30) days prior to

the date payments are due to the taxing authorities or the Ground Lessor or the superior

mortgagee.

18

NYC-WTC_000170316

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NYC-WTC_000170316Source: NYC Law Department, mirrored locally

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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.

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

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