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Lease excerpt on non-payment and termination rights, undated

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Contract text detailing landlord remedies for non-payment and tenant rights to terminate the lease if possession is not delivered.

NYC-WTC_000170412–000170434

Folder label: “?Lease pages 30 - 74”

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period of tttrcE'TTTbusiness days after notice by Landlord to Tenant that such rent is due; or

(d) if Tenant shall default in the performance of any term of this Lease on

Tenant's part to be performed (other than the payment of fixed rent and additional rent) and

Tenant shall fail to remedy such default as soon as practicable and in any event within fifteen (15)

days after notice by Landlord to Tenant of such default, or if such default is of such a nature that

it can be remedied, but cannot be completely remedied within said period of fifteen (15) days, if

Tenant shall not (x) promptly upon the giving by Landlord of such notice, advise Landlord of

Tenant's intention to institute all steps necessary to remedy such situation, (y) promptly institute

and thereafter diligently prosecute to completion all steps necessary to remedy the same, and (z)

complete such remedy within a reasonable time after the date of the giving of said notice by

Landlord and in any event prior to such time as would either (i) subject Landlord, Landlord's

agents, superior lessor or superior mortgagee to prosecution for a crime or (ii) cause a default

under the Underlying Lease or the superior mortgage; or

(e) if any event shall occur or any contingency shall arise whereby this Lease or

the estate hereby granted or the unexpired balance of the Term would, by operation of law or

otherwise, devolve upon or pass to any person other than Tenant except as is expressly permitted

under Article 20; or

(f) if the Demised Premises shall become abandoned (and the fact that any of

Tenant's property remains in the Demised Premises shall not constitute evidence that Tenant has

not abandoned the Demised Premises) or if Tenant shall fail to take occupancy of the Demised

Premises, or a floor thereof, as the case may be, within one hundred eighty (180) days after the

Commencement Date; or

73

NYC-WTC_000170433

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NYC-WTC_000170433Source: NYC Law Department, mirrored locally

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Lease Agreement for 7 WTC, Mar 1998 · Box 7DCAS

NYC-WTC_000169723

Official lease agreement between the City of New York and 7 World Trade Company, L.P. for space at 7 World Trade Center.

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