NYC 9/11 Public Portal Document
of such costs that would otherwise be billed as rent. If such related party transactions occurred
and were disclosed, but it is found by Tenant that the costs thereof exceed normal industry costs
in an arms length third party transaction in New York City, then such excessive charges shall be
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disallowed. This Aijicle-exehjdes-managemsnrtees included tn OperaTihg Expenses,
ASBESTOS
(Langua^to-be supplied following receipt of CQSTLRcport) If during the Term
hereof, the removal o^ncapsulation of asbestos or asbestos-containing material^determined
to be presenf in the Demised Premises shall be required pursuant to anvTa^ such removal
/^r erica^ulation shall be perfumed bv^^an^lord toxdi^xtent reonired by>5tich law, at
Landlord’s expense; provided, however, that notwithstanding anything herein contained to
the contrary. Tenant shall be solely responsible for the removal of any asbestos or asbestos
containing material, in accordance with then applicable laws installed or brought into the
Building and/or the Demises Premises bv or on behalf of Tenant or any party claiming
through Tenant, Nothing contained in the preceding sentence shall be deemed to vest upon
Tenant or any permitted occupant of the Demised Premises anv right to install or bring into
the Building or the Demised Premises any asbestos or asbestos-containing material.
ARTICLE 27
LANDLORD’S REPRESENTATIONS
Landlord hereby warrants that, to the best of its knowledge, it is not in default of any
obligation to the City of New York, nor is Landlord, its officers, principals or stockholders a
V defendant in any action instituted by the City.
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NYC-WTC_000170430
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