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
disallowed. This Article excludes management fees included in Operating Expenses.
ARTICLE 26
ASBESTOS
(Language to be supplied following receipt of COSH Report) If during the Term
hereof, the removal or enci ilation of asbestos or asbestos-containing materials detei lufTiT
to be present in the Demised Premises shall be required pursuant to any law, such removal
or encapsulation shall be perf< j bv Landlord to the extent r iired M such law, at
Landlord’s expense; provided, however, that TMsm hstanding anything herein contained to
Building and/or the Demises Premises bv or on behalf of Tenant or any party claimii I
through Tenant. Nothing contained in the i ing sentence shall be d j to vest upon
l£nanU)r_any-pe ed occupant of the Demised Premises anv right to install or bring into
the Building or the Demised Premises anv ast s or.
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
defendant in any action instituted by the City.
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NYC-WTC_000170516
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