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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