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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

hereunder, fb) Tenant named herein shall not have assigned this Lease and shall then occupy

the entire Demised Premises for the conduct of its business, (ci Tenant shall expeditiously

comply with all of the requirements of this Paragraph (H). and (di Tenant shall have

established to Landlord's reasonable satisfaction that the receipt of PASNY electric current is

lawful and in compliance with the requirements of this Paragraph (HI. then on or prior to the

first fist) anniversary of the Commencement Date, Tenant named herein shall have the one-

ng option (the "PASNY Electric Option") to be exercised only upon not less

than tlilHf/ (30) days* prior written notice to Landlord, to request Landlord to discontinue

furnishing current to the Demised Premises from Con Edison, in which event Tenant

shall make direct application to PASNY for Tenant's entire separate supply of ;current

to the Demised Premises at Tenant's expense in accordance with all applicable terms.

covenants and conditions of this Lease,

2. Any meters, risers, feeders, wiring, conduits, service entrance

switches or other equipment, facilities or connections, or alterations or installations of the

Building (collectively, the "facilities") necessary (or deemed appropriate bv Lsnmjrnzj

enable Tenant to obtain electric current directly from PASNY shall be performed and

installed bv Landlord at Tenant's sole cost and expense to be paid to Landlord as additional

rent within ten (10) davs following demand therefor if in Landlord’s sole judgment, the same

are necessary and will not cause permanent damage or injury to the Building, or the Demised

Premises or create a dangerous or hazardous condition or entail excessive or unreasonable

alterations, repairs or expense. The maintenance and repair of the facilities shall additionally

be performed bv Landlord at Tenant's sole cost and expense.

41

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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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