NYC 9/11 Public Portal Document
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theretofore paid shall be credited against the next monthly installment of Base Rent,
All bills sent by Landlord to Tenant shall have clearly reflected thereon the property,
address, and block and lot for which the bill is being sent. All bills must be legible and must
contain the address to which the payment should be sent. The name, address, and telephone
number of the Landlord’s contact person for billing inquiries must be provided to Tenant in the
manner designated in Article 21 hereof. The parties acknowledge that Pilot (hereinafter
defined) pavable hv Landlord to the Port Authority constitutes a component of Base Rent.
ARTICLEJ
OPTION TO TERMINATE
The Tenant shall have the right to terminate this Lease, in whole, without any penalty or
liability to Tenant, except as provided in this Article, effective as of the end of the 2nd Rental
Period, or at anv time thereafter, upon eighteen (18) months prior written notice to the Landlord
lination Notice”), in which event, this Lease shall terminate at the end of the 2nd
(the “Tei imn
Rental Period (or later date contained in the Tei lination Notice) as if such date were the
Expiration Date, provided that (i) the Expiration Pate shall fall on the last dav of a calendar
month and (ii) within iHIW lination Notice
under this Article 3, Tenant shall pav to Landlord an amount equal to the
xuuimission (as of the Expiration Date in the termination Notice)
paid bv Landlord to the Broker (as defined in Article 29). Landlord shall provide Tenant
with a statement of such ission within 15 davs following receipt of the Termination
Notice. Time shall be of the essence with respect to the giving of such notice and payment by
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NYC-WTC_000170453
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