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REAL ESTATE LEASE WAIVER AGREEMENT

Forbearance Agreement

REAL ESTATE LEASE WAIVER AGREEMENT | Document Parties: BANK OF NEW YORK CO INC | 4101 AUSTIN BOULEVARD CORP. | FRUCTIBAIL INVEST You are currently viewing:
This Forbearance Agreement involves

BANK OF NEW YORK CO INC | 4101 AUSTIN BOULEVARD CORP. | FRUCTIBAIL INVEST

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Title: REAL ESTATE LEASE WAIVER AGREEMENT
Governing Law: New York     Date: 3/1/2006
Industry: Money Center Banks    

REAL ESTATE LEASE WAIVER AGREEMENT, Parties: bank of new york co inc , 4101 austin boulevard corp. , fructibail invest
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Exhibit 10(rrr)

REAL ESTATE LEASE WAIVER AGREEMENT

WAIVER AGREEMENT, dated as of February 27, 2006, by and between 4101 AUSTIN BOULEVARD CORP. (“ Landlord ”) and FRUCTIBAIL INVEST (“ Tenant ”).

Reference is made to the Real Estate Lease (the “ Real Estate Lease ”), of even date herewith, by and between Landlord, as landlord, and Tenant, as tenant, and to the Real Estate Sublease (the “ Real Estate Sublease ”) of even date herewith, by and between Tenant, as sublandlord, and The Bank of New York, as subtenant (“ Subtenant ”). Landlord and Tenant hereby agree as follows:

1. Tenant Waivers . So long as (a) no Sublandlord Termination Event shall have occurred under Section 16.1(B) of the Real Estate Sublease and (b) Landlord shall not be in default of its obligation to pay the Early Termination Amount to Tenant when due (subject to applicable grace periods) under the Real Estate Lease, Tenant hereby agrees to:

(1) waive all rights to make Alterations to the Premises pursuant to Article 3 of the Real Estate Lease;

(2) waive all provisions of Section 4.2 of the Real Estate Lease;

(3) waive the application of the Rules and Regulations to the Premises;

(4) waive all provisions of Article 14 of the Real Estate Lease; and

(5) waive all of Tenant’s rights under Article 10 and Article 11 of the Real Estate Lease (other than its right to terminate the Real Estate Lease pursuant to Section 10.2, Section 10.3(B) and Section 11.1 of the Real Estate Lease).

2. Landlord Agreements . So long as the Real Estate Sublease shall remain in effect and the Subtenant named therein shall be the Bank of New York, Landlord hereby agrees (i) (a) to waive the application of the Rules and Regulations to the Premises and (b) to waive all provisions of Section 9.1 and Section 9.3 of the Real Estate Lease, and (ii) that Subtenant shall have the


 
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