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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

consent, which consent shall not be unreasonably withheld or delayed. The foregoing

indemnifications shall survive any expiration or termination of this Lease.

ARTICI.E 30

CONDITIONS OF LIMITATION

(A) This Lease and the Term and estate hereby granted are subject to the limitations

that:

(a) if Tenant shall file a voluntary petition seeking an order for relief under Title

11 of the United States Code, or Tenant shall be adjudicated a debtor, bankrupt or insolvent, or

shall file any petition or answer seeking, consenting to or acquiescing in any order for relief.

reorganization, arrangement, composition, adjustment, winding-up, liquidation, dissolution or

similar relief with respect to Tenant or its debts under the present or any future federal

bankruptcy act or any other present or future applicable federal, state or other statute or law

(foreign or domestic), or shall file an answer admitting or failing to deny the material allegations

of a petition against it for any such relief or shall generally not, or shall be unable to, pay its

debts as they become due or shall admit its insolvency or its inability to pay its debts as they

become due, or shall make a general assignment for the benefit of creditors or shall seek or

consent or acquiesce in the appointment of any trustee, receiver, examiner, assignee, sequestrator.

custodian or liquidator or similar official of Tenant or of all or any part of Tenant's property or if

Tenant shall take any action in furtherance of or authorizing any of the foregoing; or if Tenant

shall call a meeting of, or propose any form of arrangement, composition, extension or

adjustment with, its creditors holding a majority in amount of Tenant's outstanding indebtedness;

or

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NYC-WTC_000170379

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