Revised draft lease, 7 World Trade Center, July 1997

NYC 9/11 Public Portal Document

Work-Cost, approve or disapprove of the Tenant Work Cost. If DRES-di iWtH

ith Landlord within dava to dctcvmi ■ccd upon co8t; As-part-«f

that pr DRES will meet with the lowest bidder to resolve any dis ies in unit-pr»

and Quantities, In the event-Landlord and D€AS are unable to resolve their differences and

upon the Tenants Work coat items. Landlord shaH solicit bids from at least thre€4J4

general contractors designated by DCAS in which ease the nroccdurcs and time frames

with respect to the bids shall appiv-t ih-additionai bids and bidde Within five454

days froi pproval of the T< ts Work Cost-and prior t< HH1 IS

truetion. Landlord will submit a copy of the ■B »11 uildiV* H I a IM j)RES, "L

± ZillXLLk*XM.LMLk^-B.^^ by warrants and represents that it has the financial capability-and/or adequate

financing to complete the Work in the time frames set forth herein. In thatM^’ZJXLin-ns- within

(-7) days of Tenant's approval of the Tenants Work-Cost. Landlord shall deliver to

Tenant fa)a t onstruction-fi mgfro I»I r-«t tw I I t institutional Icnderi

amount-sufficient to complete-the Work or-fb) a

factory to Ti t f 1 in MU iJ.lUAUA!Jg>. jli£/tfi< »i?ntinf:!M^ uxrtmxAjs beWortfc-fe

iiir-'xw ij i at-t s am t mia n i ■ i M to its ability to provide or obtain adequate-financing shall

basis for rescission of thisL In addition.-if Landlord fails'to-eomply with the

feregoinyrTi?aiftlltMIITlAMIKT ■ «» LIXIAl..Ie this Lease without penalty­ '71 L F. W . « * . . r> 1 a a 1^. « ’ 1 . . T. ■ fl^-da

-Ltmxa-WJ tpLandlfird^

^’enants share of Tenants Work Cost shall be paid for initially by Landlord. Landlord shall

have a-continuin^ obligation to make rcguln 'iodic payments to-stsi

hirty (30) day intervais4 «.F.S 11ifm.w ams < ■ I aao lounts-reasonably commensurate with the

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NYC-WTC_000170606