NYC 9/11 Public Portal Document
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 <iftq\>inquiries must be provided to Tenant in the
manner designated in^Ai^le 21 hereof.
ARTICLE 3
The Tenant shall have theOPTION
right to terminate [ATEin whole <o\ji(pai^ without any
TO TE this Lease,
enalty or liability to Tenant, effective as of the <sceoftd (-2nd) anniversary of-the Commencement
Date or at- any time thcrcaftcF.-upon-sixty (■6Q)-dav3> end of the 2nd Rental Period, upon
eighteen (18) months prior written notice to the Landlord, in which event, this Lease shall
terminate at the end of the 2nd Rental Period as if such date were the Expiration Date. Time
shall be of the essence with respect to the giving of such notice bv Tenant.
ARTICLE 4
TAX AND OPERATING EXPENSE ESCALATIONS
Landlord and Tenant agree that in addition to the annual base rental provided for in the
preceding paragraphs of this Lease, additional rent shall be payable, consisting of Real Estate Tax
Escalations or Pilot Escalations and Operating Expense Escalations as those terms are hereinafter
defined. Landlord <hereby-reprcscnt3 that> and Tenant agree Tenant’s pro-rata share of Real
Estate Tax Escalations. Pilot Escalations, and Operating Expense Escalations accurately reflects
the ratio of Tenant’s rentable square footage to the total rentable square footage in the Building.
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NYC-WTC_000170586
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