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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

amounts and coverage as then required by Landlord of tenants in the Buildup.

Each subletting pursuant to this Article shall be subject to all of die covenants,

agreements, terms, provisions and conditions contained in this Lease. Notwithstanding any such

subletting to Landlord or any such subletting to any other subtenant and/or acceptance of rent or

additional rent by Landlord from any subtenant, Tenant shall and will remain fully liable for the

payment of the fixed rent and additional rent due and to become due hereunder and for the

performance of all the covenants, agreements, terms, provisions and conditions contained in this

Lease on the part of Tenant to be performed and all acts and omissions of any licensee or

subtenant or anyone claiming under or through any subtenant which shall be in violation of any of

the obligations of this Lease, and any such violation shall be deemed to be a violation by Tenant.

Tenant further agrees that notwithstanding any such subletting, no other and further subletting of

the Demised Premises by Tenant or any person claiming through or under Tenant shall or will be

made except upon compliance with and subject to the provisions of this Article. If Landlord shall

decline to give its consent to any proposed assignment or sublease. Tenant shall indemnify.

defend and hold harmless Landlord against and from any and all loss, liability, damages, costs

and expenses (including reasonable counsel fees) resulting from any claims that may be made

against Landlord by the proposed assignee or sublessee or by any brokers or other persons

claiming a commission or similar compensation in connection with the proposed assignment or

sublease.

(D) In the event that Tenant fails to execute and deliver the assignment or sublease to

which Landlord consented within ninety (90) days after the giving of such consent, then. Tenant

shall again comply with all of the provisions and conditions of Paragraph (B) before assigning this

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NYC-WTC_000170365

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NYC-WTC_000170365Source: NYC Law Department, mirrored locally

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