Assignment Consideration And Excess Rentals Defined. For purposes of this Article, including any amendment to this Article by way of addendum or other writing, the term “assignment consideration” shall mean all consideration to be paid by the assignee to Tenant or to any other party on Tenant’s behalf or for Tenant’s benefit as consideration for such assignment (i.e., in excess of the Base Monthly Rent and Additional Rent payable by such assignee under this Lease), without deduction for any commissions paid by Tenant or any other costs or expenses (including, without limitation, tenant improvements, capital improvements, building upgrades, permit fees, attorneys’ fees, and other consultants’ fees) incurred by Tenant in connection with such assignment, and the term “excess rentals” shall mean all consideration to be paid by the sublessee to Tenant or to any other party on Tenant’s behalf or for Tenant’s benefit for the sublease of all or any portion of the Leased Premises in excess of the rent due to Landlord under the terms of this Lease for the portion so subleased for the same period, without
Appears in 2 contracts
Samples: Lease (Switch & Data, Inc.), Lease (Switch & Data, Inc.)
Assignment Consideration And Excess Rentals Defined. For purposes of this Article, including any amendment to this Article by way of addendum or other writing, the term “"assignment consideration” " shall mean all consideration to be paid provided by or on behalf of the assignee to Tenant or to any other party on Tenant’s 's behalf or for Tenant’s 's benefit as consideration for in connection with or related to such assignment (i.e.assignment, in excess of the Base Monthly Rent and Additional Rent payable after deducting reasonable third party broker costs actually paid by such assignee under this Lease)Tenant, if any, but without deduction for any commissions paid by Tenant or any other costs or expenses (including, without limitation, tenant improvements, capital improvements, building upgrades, permit fees, attorneys’ ' fees, and other consultants’ ' fees) incurred by Tenant in connection with such assignment, and the term “"excess rentals” " shall mean all consideration to be paid by the sublessee to Tenant or to any other party on Tenant’s 's behalf or for Tenant’s 's benefit for the sublease of all or any portion of the Leased Premises in excess of the rent due to Landlord under the terms of this Lease for the portion so subleased for the same period, withoutunder
Appears in 1 contract
Samples: By And (Equinix Inc)
Assignment Consideration And Excess Rentals Defined. For purposes of this Article, including any amendment to this Article by way of addendum or other writing, the term “"assignment consideration” " shall mean all consideration to be paid by the assignee to Tenant or to any other party on Tenant’s 's behalf or for Tenant’s 's benefit as consideration for such assignment (i.e.assignment, in excess of the Base Monthly Rent and Additional Rent payable by such assignee under this Lease), without after deduction for any reasonable leasing commissions paid by Tenant or any other costs or expenses (including, without limitation, tenant improvements, capital improvements, building upgrades, permit fees, attorneys’ fees, and other consultants’ fees) reasonable legal fees incurred by Tenant in connection with such assignmentassignment and, during the first six (6) years of the Lease Term, the cost of tenant improvements made by Tenant at Tenant's sole cost and expense to prepare the Leased Premises for the assignee, but without deduction for any other costs or expenses, and the term “"excess rentals” " shall mean all consideration to be paid by the sublessee to Tenant or to any other party on Tenant’s 's behalf or for Tenant’s 's benefit for the sublease of all or any portion of the Leased Premises in excess of the rent due to Landlord under the terms of this Lease for the portion so subleased for the same period, withoutthe
Appears in 1 contract
Samples: Lease (Juniper Networks Inc)