NYC 9/11 Public Portal Document
07/25/97 17:04 CARB LURIA LLP 2126692030 NO.505 P008
in the same manner as notices are permitted to be given to Licensee under this Licensee, (4) not
to interpose any answer, defense, objection or counterclaim therein, (5) not to make any motion
therein, (6) to consent to entry of final Judgement of possession in favor of Licensor, (7) to
comply fully with said judgement and vacate the Licensed Premises and not to appeal from or
oppose the same, and (8) to consent to the issuance of a warrant of eviction against Licensee, to
comply fuUy therewith and not to appeal from or oppose the same.
ARTICLE 1
O [ENCEMENT; TERM; TERMINATION
This License shall commence as of the date this License is fully executed by Licensor
and Licensee (the ‘‘Execution Commencement Date”) and will continue until terminated by
Licensor or Licensee as hereinafter provided- During the term of this License, Licensor agrees
not to execute a lease of the Licensed Premises with any party other than Licensee.
Subject to the provisions of this License to the contrary, either Licensor or Licensee
may terminate this License on thirty (30) days written notice to the other at any time and for any
reason (the “ETniration Date”!
In the event Licensee terminates this License, then within sixty (60) days after the
C/f Ltccnscc s tdi lUHAtloRTtotxoc Expiration Date, licensee shall pay to Licensor
an amount (the "Licensor Work Cost") equal to the cost approved and authorized by Licensee for
the following: (a) architect’s fees and/or engineering fees; (b) expeditor’s fees and filing and
permit fees for the submission of same to the appropriate governmental authorities, including.
without limitation, the Port Authority of New York and New Jersey (the “Port Authority”!
-4-
NYC-WTC_000170558
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