Contract analysis

1. CONFIRMATION OF KEY DATES 1.1 Commencement Date. The Commencement Date under the Lease is hereby confirmed as August 1, 2023. Landlord has delivered possession of the Premises (as defined below) to Tenant on this date in accordance with the delivery conditions set forth in Article 3 of the Lease. In accordance with Section 3.01 of the Lease, the Lease Term of fifteen (15) years (one hundred eighty (180) months), m

2. PREMISES DESCRIPTION For purposes of confirmation and completeness, the Premises demised under the Lease consist of the entire rentable area of Floors 34, 35, 36, 37, and 38 at the building commonly known as Greystone Tower, located at 787 Seventh Avenue, New York, New York 10019 (Block 1024, Lot 18, Borough of Manhattan, City, County, and State of New York). The Premises comprise approximately thirty-seven thousa

3. BASE RENT SCHEDULE SUMMARY For reference and confirmation, the Base Rent schedule applicable during the initial Lease Term, as set forth in Section 4.01 of the Lease, is as follows: The foregoing schedule is set forth for reference purposes only and is qualified in its entirety by the terms of the Lease. For the avoidance of doubt, Base Rent for the first partial month (if any) shall be prorated on a per diem basi

4. TENANT'S PROPORTIONATE SHARE AND BASE YEAR In accordance with Sections 5.01 and 5.02 of the Lease, the following escalation parameters are confirmed: (a) Tenant's Proportionate Share. Tenant's Proportionate Share for the purpose of calculating Tenant's share of increases in operating expenses and real estate taxes over the applicable Base Year is 12.76%, calculated as 185,000 rentable square feet (Premises) divide

5. CONFIRMATION OF DELIVERY OF POSSESSION Landlord has delivered possession of the Premises to Tenant on August 1, 2023, in accordance with the delivery conditions specified in Section 3.02 of the Lease. Tenant hereby acknowledges receipt of possession of the Premises as of such date. Notwithstanding the foregoing, Tenant's acknowledgment of delivery is expressly subject to Tenant's rights under Section 3.04 of the L

6. CONDITIONS PRECEDENT SATISFIED For purposes of completeness, we confirm that, as of the date hereof, each of the following conditions precedent to the occurrence of the Commencement Date, as set forth in Section 3.02 of the Lease, has been satisfied: (a) Subordination, Non-Disturbance and Attornment Agreement. The Subordination, Non-Disturbance and Attornment Agreement dated July 10, 2023, among Atlas Continental

7. REQUEST FOR COUNTERSIGNATURE We respectfully request that Landlord confirm its agreement with the Commencement Date, Rent Commencement Date, and Expiration Date, and all other matters set forth herein, by causing an authorized representative of Landlord to execute and return the countersignature block set forth below. Alternatively, Landlord may provide written confirmation of such agreement by separate letter add