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License Agreement draft, 7 World Trade Center, July 1997

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Draft license agreement between the City of New York and 7 World Trade Company LP dated July 29, 1997.

NYC-WTC_000171169–000171187

Folder label: “LICENSE AGREEMENT

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NYC 9/11 Public Portal Document

07/29/97 11:54 CARB LURIA LLP 12127880367 NO. 554 F'0U'?

for approval, all in connection with Landlord's preparation of the Final Plans as defined and

described in Article S below. litinn tn the Liren.sor Work Cost. Licei .r> sgncix 1th payiQ Licensorfi 1 the^ittomevs fees aijid exiwni

connection with this Licen; bv Licensee, a/tenant. of

ill II lated at ai

^orof and said attorneys fees and

exnenses. to date of payment bv Licensee.

Licensor shall provide Licensee with a statement of all such costs together with

reasonably detailed back-up documentation within fifteen (IS) business days after Licensee's

giving of a termination nonce, or if applicable, the expiration of die License. Such costs shall be.

subject to audit by DCAS and/or its authoruxd rqjicscntativc and post-audit by the Comptroller

for the City of New York.

If, prior to the Expiration Date, Lit ason of

Licensor's breach of the terms of this License > a lease of the

Licensed Premises because of uncompleted I sreof no

Licensor Work Cost shall be payable. If, pri< 1 terminate

this License, except if due to a breach of the i icensor Work

Cost shall be payable from Licensee to Licen r nt shall also

be waived in its entirety if Licensor and Licer. tx C- Jeensed < Premises during the tenn of this License pursuam /uruae j or mis License, subiect to the

provisions of said ieasfc

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NYC-WTC_000171172

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NYC-WTC_000171172Source: NYC Law Department, mirrored locally

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