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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

or in the event of the termination of this Lease, or of re-entry, by or under any summary

dispossess or other proceeding or action or any provision of law by reason of default hereunder

on the part of Tenant, Tenant shall thereupon pay to Landlord the fixed rent and additional rent

payable by Tenant to Landlord up to the time of such termination of this Lease, or of such

recovery of possession of the Demised Premises by Landlord, as the case may be, and shall also

pay to Landlord damages as provided in Article 32.

(B) In the event of a breach or threatened breach by Tenant of any of its obligations

under this Lease, Landlord shall also have the right of injunction. The special remedies to which

Landlord may resort hereunder are cumulative and are not intended to be exclusive of any other

remedies or means of redress to which Landlord may lawfully be entitled at any time and

Landlord may invoke any remedy allowed at law or in equity as if specific remedies were not

provided for herein.

(C) If this Lease shall terminate under the provisions of Article 30, or if Landlord

shall re-enter the Demised Premises under the provisions of this Article, or in the event of the

termination of this Lease, or of re-entry, by or under any summary dispossess or other proceeding

or action or any provision of law by reason of default hereunder on the part of Tenant, Landlord

shall be entitled to retain all moneys, if any, paid by Tenant to Landlord, whether as advance

rent, security or otherwise, but such moneys shall be credited by Landlord against any fixed rent

or additional rent due from Tenant at the time of such termination or re-entry or, at Landlord's

option, against any damages payable by Tenant under Article 32 or pursuant to law.

ARTICLE 32

DAMAGES

81

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