NYC 9/11 Public Portal Document
complete Tenant's Initial Work, and Landlord shall be under no penalty or liability to Tenant
whatsoever by reason of any delay in such performance and this Lease shall not be affected
thereby, except as set forth in the last sentence of this Paragraph (E). 4fHer-afty-reason
whatsoever,-Tenant's Initial Work is not substantially completed by the Commcneement Date,
Landlord shall be given whatever additional time may be neecssary to complete same-and the term
of this Lease shall commence three (3) business-days-after notice is given-te Tenant of the
substantial completion of T-cnant's Initial Work. If Tenant shall dispute whether Tenant's Initial
Worle-has-been-SttbstantiaHy-e©fflpletedrthenrpending-thM«s^tttioft-^-suehdisputerdie
Gommcnccmcnt Date shall nevertheless be deemed to have occurred three (3) business days after
fcandlorePs-notiee-ef-sttbsttmtiai-eofflpletion-of-Tenant^s-feitial-Werfc-and-Tenant-shaH-be-obligated
to pay fixed rent and additional rent as and when provided in this Lease. In no event shall the
Expiration Date be postponed beyond December January 31, 2G17 2018. Landlord agrees that it
will use reasonable efforts to obtain contracts for the performance of the work required to be
performed by it and to arrange to have all such work commenced without delay and prosecuted
without unnecessary interruption until completion. Notwithstanding the preceding. Landlord shall
use its best efforts (at no additional expense) to substantially complete Tenant's Initial Work
(days after all required approvals have been obtained by Tenant's architect
from the Port Authority for the performance of Tenant's Initial Work (the "Target
Date"). In the event (a) Tenant's Initial Work shall not be substantially completed :antiallv
r defined) on or prior to the Target Date not due to a Tenant delay (as
set forth in this Article), and (b) Tenant shall not have taken possession of any portion of the
Demised Premises, the Rent Commencement Date shall be adjourned one (1) day for each one (1)
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NYC-WTC_000170471
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