Thomas Mott Osborne Mem. Fund Inc. v. Word of Life Intl

Full title: Thomas Mott Osborne Mem. Fund Inc. v. Word of Life Intl.

Court: Supreme Court, Appellate Term, First Department

Date published: Jun 2, 2016

2016 N.Y. Slip Op. 75442 (N.Y. App. Term 2016)

Opinion

Motion No: 570356/16

06-02-2016

Thomas Mott Osborne Mem. Fund Inc. v. Word of Life Intl.

Schoenfeld, J.P., Shulman, Ling-Cohan, J.J.

It is Ordered that the respondent-appellant's motion is granted on condition that respondent-appellant: (1) perfect its appeal by no later than the October 2016 term - the filing deadline for which is August 9, 2016; (2) pays landlord use and occupancy arrears in the amount of $74,160.00, representing the Annual Basic Rent of the second Lease Year, on or before June 20, 2016, without prejudice; and (3) pays the landlord accruing use and occupancy in the amount of $6,180.00 on or before each subsequent rental due date, without prejudice. In the event of tenant-appellant's failure to comply with the foregoing conditions, landlord-respondent may move on five days' notice, for an order vacating the stay.

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