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Document / 116 pages

Revised draft lease, 7 World Trade Center, July 1997

Machine-extracted title · confidence 90%

Draft lease agreement between the City of New York and 7 World Trade Company for space at 7 WTC.

NYC-WTC_000170577–000170692

Folder label: “AGREEMENT OF LEASE

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NYC 9/11 Public Portal Document

this Lease or any other lease in the Building;

Refinancing costs and mortgage interest and amortization payments;

Any item otherwise indicated in this Lease to be performed at Landlord's sole cost and expense; and

Any item otherwise indicated in this Lease to be performed by Landlord but paid for by Tenant as additional rent or otherwise.

The intent of the parties is that Tenant shall pay its proportionate share of increases in

Base Year Operating Expenses (i.e. Operating Expense Escalations) based on the Building being

<fally> ninety-five percent (95%) occupied. Accordingly, in determining the amount of Base

Year Operating Expenses, if less than -<ene4i»fldfed> ninety-five percent ■<O-0Q%)> (95%) of

the Building rentable area shall have been occupied by tenant(s) at any time during any such

Operating Expense Base Year, Base Year Operating Expenses shall be increased bv an amount

equal to expenses which would have been incurred in the Building under an operating clause such

as this one had such occupancy been <onc hundrcd> ninety-five percent <(400%)> (95%)

throughout such Operating Expense Base Year.

Landlord shall be required to disclose and notify Tenant of any significant related party

transactions the cost of which are included in the Base Year Operating Expenses. When such

transactions occur prices of same must be in line with normal industry practice in New York City.

Failure to notify Tenant of such related party transactions shall result in a disallowance of such

costs not in Iven with normal industry practice in New York Citv that would otherwise be part

of the Base Year Operating Expenses. <If such feinted party transactions-eeeufred and wore

disclosed but^tis-found by the-Tenant that the-eeaf thereof was excessive, then such charges shall

be-disaltewcd to the extent they execed-nermal industry-prices in New York City .>

10

NYC-WTC_000170590

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Draft lease agreement, August 1997 · Box 7DCAS

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Draft lease agreement between the City of New York and 7 World Trade Company for 45,815 square feet at 7 World Trade Center.

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machine-extracted · confidence unavailable · Check page ↗
Lease Agreement for 7 WTC, Mar 1998 · Box 7DCAS

NYC-WTC_000169723

Official lease agreement between the City of New York and 7 World Trade Company, L.P. for space at 7 World Trade Center.

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machine-extracted · confidence unavailable · Check page ↗

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