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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

also apply to the Base Pilot Square Foot Factor.

The term "Pilot" shall mean (I) such payments as the Port Authority has

agreed to pay the City of New York under an agreement dated 1967 as it may haye been or

may be hereafter supplemented or amended (the "City Agreement") and (ih all payments in

lieu of real estate taxes or assessments which may be agreed upon between the Port Authority

and any goyernmental authorities (Federal. State or City, or any political subdiyision thereoft

other than as nroyided in the City Agreement, but not any amounts in excess of those imposed

under the City Agreement.

The term "Pilot Square Foot Factor" shall mean the annual per rentable

square foot factor used in computing the Pilot under the City Agreement for the releyant Tax

Year. If payments under the City Agre become payable on a basis other than an annual

amount per occupied rentable square foot (as defined in Section 5.1.7 of the Underlying

Lease), then unless such payments are separately assessed and leyied or allocated to the Real

Property, the Port Authority will allocate such payments equitably on the basis of proration

between the total number of square feet in the World Trade Center subject to such payments

and the total number of square feet in the Building subject to such payments and Landlord

will notify Tenant of such allocation, in which eyent. the "Pilot Square Foot Factor" shall

equal the payments so allocated to the Building diyided by the Building Area, i.e.. 1.936.000

square feet.

3 The term "Base Pilot Square Foot Factor" shall mean the Pilot Square Foot

Factor applicable to the period July 1, 1997 through June 30.1998 (as finally determined).

J. The term "Pilot Rate Multiple" shall mean the number of rentable square

18

NYC-WTC_000170598

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NYC-WTC_000170598Source: NYC Law Department, mirrored locally

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Draft lease agreement, August 1997 · Box 7DCAS

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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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