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Document / 114 pages

Draft lease agreement, August 1997

Machine-extracted title · confidence 95%

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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Scanned page image, NYC-WTC_000170301
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NYC 9/11 Public Portal Document

been reviewed and verified by the Department of Citywide Administrative Services, Department

of Real Estate Services (“DRES”).

ARTTCl.R 1

TERM The term (“Term”) of this Lease for which the Demised Premises are hereby leased,

shall commence on a date (herein called the ‘‘Commencement Date”) which shall be (i) the day

on which Tenant’s Initial Work 4n-(as defined in Article 6) in the general office portion of the

Demised Premises has been Substantially Completed (as defined in said Article 6) or (ii) the day

Tenant, or anyone claiming under or through Tenant, first occupies all or any portion of the

Demises Premises and conducts business therein, whichever of (i) or (ii) occurs earlier, and shall

end at noon on January 31, 2018, which ending date is hereinafter called the “Expiration Date”,

or shall end on such earlier date upon which the Term may expire or be canceled or terminated

pursuant to any of the conditions or covenants of this Lease or pursuant to law. Promptly

following the Commencement Date the parties hereto (hereinafter sometimes referred to as the

“parties”) shall enter into a supplementary agreement fixing the date of the Commencement Date

but if the parties are unable to agree upon the Commencement Date within fifteen (15) days after

Landlord’s written request to enter into such supplementary agreement, such date shall be

determined by arbitration in the matter provided in Article when so

determined the parties shall enter into such supplementary agreement.

ARTICLE!

RENI

3

NYC-WTC_000170301

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NYC-WTC_000170301Source: NYC Law Department, mirrored locally

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