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The agreement establishes a “Master Lease” structure that also contemplates subleases through Exhibit B-1 (PAID Lease) and Exhibit B-2 (City Sublease), identifies the City of Philadelphia as Subtenant, and defines related parties and concepts such as Contractor and Historic Tax Credits. A comprehensive section framework addresses term, rent, operations, utilities, insurance, maintenance, compliance, alterations, entry, casualty, condemnation, assignment, notices, and remedies.",{"@graph":63,"@context":119},[64,80,102],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":41,"@type":70,"position":76},"https://docshare.wps.com/template/letters/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/master-tenant-lease-agreement-400-north-broad-partners-lp-and-400-north-broad-street-master-tenant-llc/200257/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/master-tenant-lease-agreement-400-north-broad-partners-lp-and-400-north-broad-street-master-tenant-llc/200257.png","ImageObject",442,249,{"name":88,"@type":89},"Riley West","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-07","2026-09-04",true,{"@type":98,"interactionType":99,"userInteractionCount":101},"InteractionCounter",{"@type":100},"ViewAction",13,{"@type":103,"mainEntity":104},"FAQPage",[105,111,115],{"name":106,"@type":107,"acceptedAnswer":108},"Who are the Landlord and Tenant under the Master Tenant Lease Agreement?","Question",{"text":109,"@type":110},"The Landlord is 400 NORTH BROAD PARTNERS, L.P., and the Tenant is 400 NORTH BROAD STREET MASTER TENANT, LLC, each identified in the preamble.","Answer",{"name":112,"@type":107,"acceptedAnswer":113},"What premises are covered by the agreement?",{"text":114,"@type":110},"The agreement covers 400 North Broad Street (Tax Parcel 88-4062505) and 1501 Callowhill Street (Tax Parcel 88-4062515) in Philadelphia, PA.",{"name":116,"@type":107,"acceptedAnswer":117},"How do Exhibits B-1 and B-2 relate to subleasing?",{"text":118,"@type":110},"Exhibit B-1 (the PAID Lease) provides that Tenant subleases the entire premises to PAID, and Exhibit B-2 (the City Sublease) provides that PAID subleases the entire premises to the City of Philadelphia.","https://schema.org",{"og:url":78,"og:type":121,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":123,"canonical":78},"index,follow",{"doc_id":125,"site_id":56},200257,1788508403,{"code":4,"msg":5,"data":128},{"doc_id":125,"user_id":129,"nickname":88,"user_avatar":130,"doc_module":9,"category_id":40,"category_name":41,"doc_title":59,"doc_description":61,"doc_content":131,"file_id":132,"file_url":133,"file_type":134,"file_size":135,"view_count":101,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":136,"language":137,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":138,"faqs":139,"seo_title":140,"seo_description":61,"update_tm":126,"read_time":15},1099523885074,"https://ap-avatar.wpscdn.com/davatar_9964176cb1d06d4a9deccf72a44ae3dc","Execution Version  \nMASTER TENANT LEASE AGREEMENT  \nAND  \n400 NORTH BROAD PARTNERS, L.P.  \nLandlord  \n400 NORTH BROAD STREET MASTER TENANT, LLC  \nTenant,  \nat  \nPremises: 400 North Broad Street (Tax Parcel 88-4062505) and 1501 Callowhill Street (Tax Parcel 88-4062515),  \nPhiladelphia, PA  \nLEGAL\\31038608\\9  \nUS_ACTIVE-137387301.2-JMMARGER 12/27/2017 3:52 PM  \nUS_ACTIVE-137986512.3-JMMARGER  \nExecution Version  \nTable of Contents  \nPage  \n1. Master Lease and Sublease; Certain Terms and Definitions.............................................. 3  \n2. Premises.............................................................................................................................. 5  \n3. Term .................................................................................................................................... 7  \n4. Use; Permitted Encumbrances ............................................................................................ 8  \n5. Rent..................................................................................................................................... 8  \n6. Operating Expenses; Compliance with Laws ..................................................................... 9  \n7. Utilities.............................................................................................................................. 10  \n8. Insurance; Waivers; Indemnification; Failure to Obtain Historic Tax Credits................. 10  \n9. Maintenance and Repairs.................................................................................................. 12  \n10. Compliance....................................................................................................................... 13  \n11. Signs.................................................................................................................................. 14  \n12. Alterations; FF&E............................................................................................................. 14  \n13. Mechanics’ Liens .............................................................................................................. 15  \n14. Landlord’s Right of Entry ................................................................................................. 15  \n15. Damage by Fire or Other Casualty ................................................................................... 15  \n16. Condemnation ................................................................................................................... 16  \n17. Quiet Enjoyment ............................................................................................................... 16  \n18. Assignment and Subletting............................................................................................... 16  \n19. Subordination; Mortgagee’s Rights.................................................................................. 17  \n20. Tenant’s Certificate; Financial Information...................................................................... 17  \n21. Surrender........................................................................................................................... 17  \n22. Defaults-Remedies.......................................................................................................... 18  \n23. Liability of Landlord......................................................................................................... 20  \n24. Miscellaneous................................................................................................................... 20  \n25. Notices .............................................................................................................................. 22  \n26. Broker ............................................................................................................................... 23  \n27. Limitations on Recourse .............................................................","cbCaivPavMiuSIP4","https://ap.wps.com/l/cbCaivPavMiuSIP4","pdf",240503,35,"English","# Master Lease and Sublease; Certain Terms and Definitions\n# Premises\n# Term\n# Use; Permitted Encumbrances\n# Rent\n# Operating Expenses; Compliance with Laws\n# Utilities\n# Insurance; Waivers; Indemnification; Failure to Obtain Historic Tax Credits\n# Maintenance and Repairs\n# Compliance\n# Signs\n# Alterations; FF&E\n# Mechanics’ Liens\n# Landlord’s Right of Entry\n# Damage by Fire or Other Casualty\n# Condemnation\n# Quiet Enjoyment\n# Assignment and Subletting\n# Subordination; Mortgagee’s Rights\n# Tenant’s Certificate; Financial Information\n# Surrender\n# Defaults-Remedies\n# Liability of Landlord\n# Miscellaneous\n# Notices\n# Broker\n# Limitations on Recourse","[{\"question\":\"Who are the Landlord and Tenant under the Master Tenant Lease Agreement?\",\"answer\":\"The Landlord is 400 NORTH BROAD PARTNERS, L.P., and the Tenant is 400 NORTH BROAD STREET MASTER TENANT, LLC, each identified in the preamble.\"},{\"question\":\"What premises are covered by the agreement?\",\"answer\":\"The agreement covers 400 North Broad Street (Tax Parcel 88-4062505) and 1501 Callowhill Street (Tax Parcel 88-4062515) in Philadelphia, PA.\"},{\"question\":\"How do Exhibits B-1 and B-2 relate to subleasing?\",\"answer\":\"Exhibit B-1 (the PAID Lease) provides that Tenant subleases the entire premises to PAID, and Exhibit B-2 (the City Sublease) provides that PAID subleases the entire premises to the City of Philadelphia.\"}]","Master Tenant Lease Agreement - 400 North Broad Partners, L.P. and 400 North Broad Street Master Tenant, LLC | PDF"]