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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_000170302
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NYC 9/11 Public Portal Document

The "rents" reserved under this Lease, for the Term thereof, shall be and consist of:

(a) "Base Rent" (or "fixed rent") at the following annual amounts:

(i) ONE MILLION TWO HUNDRED EIGHTY TWO THOUSAND

EIGHT HUNDRED TWENTY and 00/100 ($1,282,820.00) Dollars ($106,901.67 per month) for

the period commencing on the Rent Commencement Date and ending on the day next preceding

the fifth (Sth) anniversary of the Rent Commencement Date, both dates inclusive (the "1st Rental

Period"):

(ii) ONE MILLION SIX HUNDRED THREE THOUSAND FIVE

HUNDRED TWENTY-FIVE and 00/100 ($1,603,525.00) Dollars ($133,627.08 per month) for

the period commencing on the day next succeeding the expiration of the 1st Rental Period and

ending on the day next preceding the tenth (10th) anniversary of the Rent Commencement Date,

both dates inclusive (the "2nd Rental Period");

(iii) ONE MILLION SIX HUNDRED NINETY-FIVE THOUSAND

ONE HUNDRED FIFTY-FIVE and 00/100 ($1,695,155.00) Dollars ($141,262.92 per month)

for the period commencing on the day next succeeding the expiration of the 2nd Rental Period and

ending on the day next preceding the fifteenth (15th) anniversary of the Rent Commencement

Date, both dates inclusive (the "3rd Rental Period"); and

(iv) ONE MILLION NINE HUNDRED TWENTY-FOUR

THOUSAND TWO HUNDRED THIRTY and 00/100 ($1,924,230.00) Dollars ($160,352.50 per

month) for the period commencing on the day next succeeding the expiration of the 3rd Rental

Period and ending on the Expiration Date (the "4th Rental Period"), which shall be payable in

equal monthly installments at the end of each and every calendar month during the Term. The

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NYC-WTC_000170302

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NYC-WTC_000170302Source: NYC Law Department, mirrored locally

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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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