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License Agreement Terms, 7 World Trade Center, Nov 1997

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Legal document excerpt outlining commencement, termination, and eviction consent clauses for a license agreement.

NYC-WTC_000171117–000171121

Folder label: “Article 1 Commencement: Term: Termination

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Scanned page image, NYC-WTC_000171118
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NYC 9/11 Public Portal Document NOU-1AH-1997 TARR NYC | Al) DEPT Piz PAR ARR P.ARSAS to the appropriate governmental authorities, including, without limitation, the Port Authority of New York and New Jersey (the “Port Authority") for approval, all in connection with Landlord's preparation of the Fina) Plans as defined and described in Article 5 below. inradditierrterthe , i #5 Work Cost, Licenses shall =a OM)) concurrently therewith ( Licsosce (2) the attorneys foes and expert incurred by Licensor in conneetion wie this Liceose and the proposed lease by Lisénsee, as tenant, of the Licenged- Pr § (li) interest calculated at an Licensee's ent by Licensor of Licensor’ s fate of ten percent (1094) fro of Cost ha said attorneys expenses, to date of payment hy license. Licensor uball provide Liccasee with @ statement of all such costs together with reasonably detailed back-up documentation within fifteen (15) business days after Licensee's giving of'a termination notice, or if applicable, the expiration of the License. Such costs shall be sudject to audit by DCAS and/or its authorized representative and post-audit by the Comptroller for the City of New York. J prior to the Expiration Date, Licensee shall terminate this License by reason of Licensor’s breach of the terms of this License and Licenses cannot thereby enter into a lease ofthe a Ar \INTLICS. WROD BO a Iv ‘DS VIM 2MUVSe WAESEZ' tS «Gs “ET “TT NYC-WTC_000171118

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NYC-WTC_000171118Source: NYC Law Department, mirrored locally

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