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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_000171119
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NYC 9/11 Public Portal Document NOV~18-1997 10:55 NYC LAW DEPT 212 788 8366 «=F. eres delivery ofa Lease of the Licensed Premises between Licensor and Licensee during the term of this License, and upon the termination or expiration of this License, this option, if such a lease of the License Premises between Licensor and Licensee shall not have theretofore been executed and delivered, shall also terminate simultaneously with the termination or expiration of this License. Even if Licensee shall desire to lease the Licensed Premises, however, Licensor shall have no obligation to execute a lease with Licensee unless all the terms, covenants and conditions of the proposed lease are satisfactory to Licensor in Livensor’s sole, uncontrolled discretion. ABTICLE 4 LICENSOR'S INTEREST IN PREMISES Licensor werrants and represents that it is the leasehold owner of the Licensed Premises and is empowered and authorized to license said Licensed Premises. ARTICLES . yt aw MOM Ten eos bX Ex A appees T2297 A TERATIONS AND IMPROVEMENTS aad patie PEP SS ected?” Provided Licensee through its Division of Real Estate Servioés of DCAS (“DRES) has Licensor shall cause its Architect to prepare architectural and enginesring plans and specifications (the "Fini! Plans") for leasing of the Liccnacd Premises to Licence. The Final Plans must be (i) engineering and architecturally complete; and ({l) coordinated with existing building conditions and facilities; and (iii) conform to all applicable codes and requirements (including but not limited to terms and conditions in the profesional services requirement document prepared by DRES, 6 Ar \JWILICS.WPD oOtd tv ‘DZ VWVIVUAT 2wWVO WES: 190 JB 'HTt tt NYC-WTC_000171119

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NYC-WTC_000171119Source: NYC Law Department, mirrored locally

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