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Document / 23 pages

Draft license agreement for 7 World Trade Center, July 1997

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A twenty-three-page draft license agreement between the City of New York and 7 World Trade Company for office space at 7 World Trade Center.

NYC-WTC_000171051–000171073

Folder label: “LICENSE AGREEMENT

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NYC 9/11 Public Portal Document

ARTICLE 7

REAL ESTATE TAXES. ASSESSMENTS. WATER RATES.

SEWER RENTS. ARREARS

Licensor shall pay all real estate taxes, assessments, water rates, sewer rents and arrears

levied against said Building and Land for the tax lot where the Licensed Premises is located or

that may be liens thereon.

ARTICLES

INTENTTONATJ.Y □ED

ARIICLE9

ACCESS

Licensor agrees to provide DCA and DRES with access to the Licensed Premises

during normal business hours on weekdays, but not on Saturdays, Sundays and holidays, upon

reasonable prior notice, if accompanied by building personnel. In the event Licensor willfully fails

to comply with any of the provisions of this Article within five (5) business days after written

notice thereof is given by Licensee to Licensor, Licensee, in addition to any other remedy it may

have, may terminate this License on five (5) business days written notice without being liable for

the Licensor Work Cost, provided that Licensee is not responsible for Licensor’s failure to

comply with the provisions of this Article.

-8-

NYC-WTC_000171061

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NYC-WTC_000171061Source: NYC Law Department, mirrored locally

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