NYC 9/11 Public Portal Document
Licensed Premises because of uncompleted Licensors Work pursuant to Article S hereof through
no fault or neglect of Licensee, no Licensor Work Cost shall be payable. prior to the
Expiration Date, Licensor shall tenninate this License, except if due to a breach of Ilie teiius of
this License by Licensee, no Licensor Work Cost shall be payable from Licensee to Licensor.Jf
Liceasee shall fail to execute and deliver a lease of the Licensed Premises on or prior to
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paragraph of this Article. The Licensor’s Work Cost payment under this License shall also be
waived in its entirety if Licensor and Licensee execute and deliver a lease of the Licensed
Premises during the term of this License pursuant to Article 3 of this License, subject to the
provisions of said lease.
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Subject to the following provisions of this Article and performance of Licensor’s
obligations under Article 3, .Licensee shall pay a license toe of one dollar ($1.00) upon the
Expiration Date. The license fee shall be payable at Licensors address hereinbefore set forth or at
such other address as may bs designated by Licensor from time to time, by notice in the manner
provided herein
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NYC-WTC_000171108
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