NYC 9/11 Public Portal Document
the fiuHdiogtrFireDepartment Port Authorltvjl^d other regulatory agencies UtAOy} which
require said submission in the timefiames set forth in the Request for Proposals (“RFP)j
WithinYem^^ business days after DRES's approval of theftnaWUans, Licensor
shall submit to DRES Port Authority administrative approvals with respect
to Final Plans as well as a copy of the work permit for alternative document issued bv the Foil
Authority)
Licensor hereby warrants and represents that it has the financial capability and/or
adequate financing to complete the Final Plans in the time fiames set forth herein, Licensor's
misrepresentation with regard to its ability to provide or obtain adequate financing shall constitute
a basis for termination of this License on five (5) days written notice.
In the event Licensor fails to commence and/or fails to meet any applicable time
frames-_nrov1dpd that Licensee is not responsible for Licensor'’s failure to comply with such
time frames, then Licensee shall give Licensor written notice (ho-einafter referred to as “Delay
Notice”) advising Licensor of its failure to so commence and/or perform. If Licensor fails to
commence or perform its obligations above within five (S) days from the date of said Delay
Notice, subject to force maieure. 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
Licensor’s right to dispute
the Delay
ABI its
INTENnONATJ.Y
-8-
NYC-WTC_000171191
OCR can misread numbers and units. Confirm readings against the page image before using them.