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Lease excerpt on layout and finish provisions, undated

Machine-extracted title · confidence 95%

Contract text detailing requirements for final plans, architect selection, and construction costs for the 7 World Trade Center lease.

NYC-WTC_000170436–000170443

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NYC 9/11 Public Portal Document

sr/.V"" Tenant shall promptly meet with Landimd to resolve the overage. Payment by Tenant of such

excess-cost I Contribution shall be made within 45 days

after Substantial Completion^, Anv pa^juign

together with interest of at 2 points over the Base Rate from date of Substantial Completion to

date of pavmeflb(s) of pa^JimL Said pa igtirgti

of punch list items, which ; t shall be paid promptly bv Tenant after completion bv

Landlord,

> -fJ-is-opcfl for diseussionKtJl Any dispute regarding the determination of

Substantial Completion of Tenant’s Initial Work and/or the Commencement Date shall be

resolved by arbitration, in the manner by the rules and before the American Arbitration

Association (or any successor organization) in New York County. The party desiring arbitration

shall appoint as arbitrator on its behalf, a person having at least 10 years relevant experience and

give notice written notice to the other party who shall, within 15 days thereafter, a second person

having at least 10 years relevant experience and give written notice thereof to the first party. The

arbitrators so appointed, shall within 3—!^ ^^ys following the appointment of the second

arbitrator appoint a third disinterested person having no less than 10 years relevant experience.

Said arbitrators shall, as promptly as possible (but in any event within 30 days

following the appointment of the third arbitrator) determine the dispute by a majority of the

arbitrators, whose decision shall be binding and conclusive upon the parties hereto. Each party

shall bear its own fees and expenses of (i) its own attorneys and other experts and the arbitrator

that it selected and (ii) be responsible for one-half the fees and expenses of the third arbitrator.

The arbitrators shall have no power to vary or modify any of the provisions of

27

NYC-WTC_000170442

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NYC-WTC_000170442Source: NYC Law Department, mirrored locally

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Draft lease agreement, August 1997 · Box 7DCAS

NYC-WTC_000170296

Draft lease agreement between the City of New York and 7 World Trade Company for 45,815 square feet at 7 World Trade Center.

1 shared topics · Same agency, volume and box · similarity 0.976

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