NYC 9/11 Public Portal Document
07/29/97 11:54 CRRB LURIA LLP 12127880367 NO.554 P012
the BnildinssrFire-Bepartment Port Authority^d other regulatory agencies Df anvt which
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require said submission in the timeframes set forth in the
business days after DRES's approval of the Final Puns, Licenso^^^
shall subnut to DRES Btnlditig-Bepartment Port Authority administrative approvals with respect V
to Final Plans as well as a copy of the work permit for alternative document issuei^v the Port
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Licensor hereby warrants ana represents that it has the financial capability and/or I-* /
ICUP adequatefinandngto completein thelqnefi^es se^nlrheRnn. Licensor’s**^'^*
misrepresentation with regard to its ability to provide or obtain adequate financing shall constitute
termination of this License on five (5) days written notice.
In the event Licensor fells to commence and/or fells to meet any applicable time < '
frames, provided that Licensee is not responsible for Licensor's failure to comply with suchc^v
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time frames, then Licensee shall give Licensor written notice (berdnafrer referred to as “Delay
Notice”) advising Licensor of its failure to so commence and/or perform. If Licensor fiiils to
commence or perform its obligations above within five (5) days fiom the date of said Delay
Notice, anbiect to force mojeure. Licensee, in addition to any other remedy it may have, may, at
it's Option terminate this License on ten (10) business days written notice to Licensor without
liability for the repayment of the Licensor Work Cost as defined in Article 1. subject to
T right to ditnute
the Delay Notice
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NYC-WTC_000171175
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