|
|
|
|
Document Preview Sublease |
||||
|
|
||||
|
Click "Add to Cart" button to purchase document. |
||||
|
|
||||
|
Title: |
Sublease |
|||
|
Entities: |
Credit Suisse First Boston Corp.; Metropolitan Life Insurance Co.; Real Estate Board of New York, Inc.; Credit Suisse First Boston Usa Inc |
|||
|
Date: |
2001 |
|||
|
Size: |
Preview shows 14KB of 261KB total |
|||
|
Price: |
$99 |
|||
|
ID: |
#122199 |
|||
|
|
||||
|
||||
|
|
||||
|
Start of Preview |
||||
================================================================================
CREDIT SUISSE FIRST BOSTON (USA), INC.
Sublandlord
and
METROPOLITAN LIFE INSURANCE COMPANY
Subtenant
--------
SUBLEASE
--------
Dated: as of February 22, 2001
One Madison Avenue, New York, New York
================================================================================
{PAGE}
TABLE OF CONTENTS
Page
----
ARTICLE 1 PREMISES, TERM, RENT ............................................ 1
ARTICLE 2 ACCEPTANCE OF SUBLEASE PREMISES ................................. 4
ARTICLE 4 SERVICES ........................................................ 4
ARTICLE 5 OPERATING EXPENSES .............................................. 10
ARTICLE 6 TAXES ........................................................... 18
ARTICLE 7 REPAIRS ......................................................... 23
ARTICLE 8 REQUIREMENTS OF LAW ............................................. 25
ARTICLE 9 PROPERTY--LOSS, DAMAGE, REIMBURSEMENT ........................... 26
ARTICLE 10 ACCESS ......................................................... 30
ARTICLE 11 RULES AND REGULATIONS .......................................... 31
ARTICLE 12 INABILITY TO PERFORM ........................................... 32
ARTICLE 13 ASSIGNMENT; SUBLETTING ......................................... 32
ARTICLE 14 ALTERATIONS AND INSTALLMENTS ................................... 40
ARTICLE 15 DESTRUCTION--FIRE OR OTHER CAUSE ............................... 45
ARTICLE 16 CONDEMNATION ................................................... 47
ARTICLE 17 CONDITIONAL LIMITATIONS; SUBTENANT'S DEFAULTS; REMEDIES ........ 49
ARTICLE 18 ELECTRIC ....................................................... 52
ARTICLE 19 RENEWAL OPTIONS ................................................ 54
ARTICLE 20 SUBTENANT'S RIGHT TO PERFORM SUBLANDLORD'S OBLIGATIONS ......... 55
ARTICLE 21 HAZARDOUS MATERIAL ............................................. 56
ARTICLE 22 INDEMNITY ...................................................... 58
ARTICLE 23 NAME OF TOWER; SIGNAGE ......................................... 59
ARTICLE 24 ROOF INSTALLATIONS ............................................. 60
ARTICLE 25 INTENTIONALLY OMITTED .......................................... 63
ARTICLE 26 NOTICES ........................................................ 63
{PAGE}
ARTICLE 27 BROKER ......................................................... 63
ARTICLE 28 MECHANIC'S LIENS ............................................... 64
ARTICLE 28 MISCELLANEOUS .................................................. 64
ARTICLE 29 INCORPORATED TERMS ............................................. 65
2
{PAGE}
INDEX OF DEFINED TERMS
ADA ....................................................................... 25
Additional Rent ........................................................... 4
Alterations ............................................................... 40
Area Calculations -- South Building ....................................... 1
Area Calculations -- Tower ................................................ 1
Building .................................................................. 1
Building Systems .......................................................... 24
Business Associates ....................................................... 33
Business Hours ............................................................ 5
Claimed Abatement ......................................................... 3
Common Areas .............................................................. 10
Cost Savings .............................................................. 11
CSFB ...................................................................... 46
Cut-Off Date .............................................................. 17
Damage Date ............................................................... 45
Dedicated Elevators ....................................................... 6
Default ................................................................... 49
Demised Premises .......................................................... 1
Executive Dedicated Elevators ............................................. 6
Exercise Notice ........................................................... 55
Expenses .................................................................. 8
Extension Term ............................................................ 54
Extension Terms ........................................................... 54
First Extension Term ...................................................... 54
Interim Leaseback Space ................................................... 2
Leaseback Space ........................................................... 1
Long-Term Leaseback Space ................................................. 2
Material Alteration ....................................................... 40
Material Alterations ...................................................... 40
MetLife Tower ............................................................. 59
Minimum Rent .............................................................. 2
Monetary Default .......................................................... 49
Operating Expenses ........................................................ 10
Operating Payment ......................................................... 15
Operating Statement ....................................................... 14
Operating Year ............................................................ 14
Overlandlord .............................................................. 1
Overlease ................................................................. 1
Partial Restoration ....................................................... 48
Partially Untenantable .................................................... 32
Profit .................................................................... 35
Proposed Sublease Commencement Date ....................................... 34
Proposed Sublet Term ...................................................... 33
Recapture Offer Notice .................................................... 33
Records ................................................................... 17
Reminder Notice ........................................................... 55
Renewal Option Space ...................................................... 55
Rent ...................................................................... 4
Rent Concession Period .................................................... 3
Roof Installation ......................................................... 60
Rules and Regulations ..................................................... 31
3
{PAGE}
Second Alterations Request ................................................34,62
Second Extension Term ..................................................... 54
Services .................................................................. 4
South Building ............................................................ 1
Sublandlord ............................................................... 1
Sublandlord Extension Notice .............................................. 46
Sublandlord's Dedicated Elevator .......................................... 7
Sublease .................................................................. 1
Sublease Commencement Date ................................................ 2
Sublease Expiration Date
Sublease Rent Commencement Date ........................................... 3
Sublease Term ............................................................. 2
Subtenant ................................................................. 1
Subtenant Extension Notice ................................................ 46
Subtenant's Amenities Proportionate Share ................................. 19
Subtenant's Plans ......................................................... 40
Subtenant's Proportionate Share ........................................... 18
Subtenant's Successor ..................................................... 33
Subtenant's Transaction Costs ............................................. 36
Subtenant's Systems ....................................................... 23
Tax Payment ............................................................... 19
Tax Statement ............................................................. 19
Tax Year .................................................................. 18
Taxes ..................................................................... 18
Third Extension Term ...................................................... 54
Total Cost ................................................................ 36
Total Income .............................................................. 36
Tower ..................................................................... 1
Wholly Untenantable ....................................................... 32
4
{PAGE}
SUBLEASE
BETWEEN
CREDIT SUISSE FIRST BOSTON
(USA), INC., SUBLANDLORD
AND
METROPOLITAN LIFE INSURANCE
COMPANY, SUBTENANT
This SUBLEASE (this "Sublease") made as of the 22nd day of February,
2001, by and between CREDIT SUISSE FIRST BOSTON (USA), INC., a Delaware
corporation, having an office at Eleven Madison Avenue, New York, New York 100
10-3629 ("Sublandlord") and METROPOLITAN LIFE INSURANCE COMPANY, a New York
corporation, having an office at One Madison Avenue, New York, New York 10010
("Subtenant").
W I T N E S S E T H
A. By lease dated of even date herewith (the "Overlease"),
Subtenant, as landlord (sometimes hereinafter called "Overlandlord") leased to
Sublandlord the entire land and building (collectively, the "Demised Premises")
known as One Madison Avenue, New York, New York in accordance with the terms of
the Overlease. The building located at One Madison Avenue is hereinafter called
the "Building", and is composed of two portions defined in the Overlease as the
"South Building" and the "Tower". A copy of the Overlease is annexed hereto as
Exhibit "A".
B. The Overlandlord, as Subtenant, desires to sublease back portions
of the South Building and the Tower on terms and conditions contained in this
Sublease.
C. Any capitalized term not defined in this Sublease shall have the
same meaning given to such term in the Overlease.
NOW, THEREFORE, in consideration of the mutual covenants and
agreements hereinafter contained, it is hereby agreed as follows:
ARTICLE 1
PREMISES, TERM, RENT
Section 1.01 Subleased Premises; Term.
(a) Sublandlord hereby leases to Subtenant and Subtenant
hereby hires from Sublandlord the following premises (collectively, the
"Leaseback Space"):
(i) the entire eleventh (11th) floor (including the
exclusive use of the 11th floor setback as to which no portion
of Rent shall be allocable) of the South Building and the
entire lobby, the entire second (2nd) floor, and the entire
tenth (10th) through and including the forty-first (41st)
floors of the Tower, all as shown on the floor plans included
in the HLW Report as "Area Calculations - South Building" and
|
End of Preview |
Home Intelligence Services Subscriptions News About Us