Common use of Assignment Consideration And Excess Rentals Defined Clause in Contracts

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, after deduction for the following costs actually paid or actually incurred by Tenant directly in connection with such assignment: market-rate leasing commissions; rent concessions; reasonable costs of tenant improvements, capital improvements, building upgrades and permit fees; and reasonable attorneys’ fees not to exceed five thousand dollars ($5,000.00). 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 the Leased Premises in excess of the rent due to Landlord under the terms of this Lease for the same period, after deduction for the following costs actually paid or actually incurred by Tenant directly in connection with such sublease: market-rate leasing commissions; rent concessions; reasonable costs of tenant improvements, capital improvements, building upgrades and permit fees; and reasonable attorneys’ fees not to exceed five thousand dollars ($5,000.00). Tenant agrees that the portion of any Assignment Consideration and/or Excess Rentals arising from any assignment or subletting by Tenant which is to be paid to Landlord pursuant to this Article now is and shall then be the property of Landlord and not the property of Tenant.

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 Considerationassignment 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 assignmentthe assignment of this Lease, after deduction for the following costs actually paid or actually reasonable leasing commissions and reasonable legal fees incurred by Tenant directly in connection with such assignment: market-rate leasing commissions; rent concessions; reasonable , but without deduction for any other costs of tenant improvementsor expenses (including, without limitation, capital improvements, building upgrades and upgrades, permit fees; , and reasonable attorneysother consultants’ fees not to exceed five thousand dollars ($5,000.00fees). The , and the term “Excess Rentalsexcess 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 the Leased Premises in excess of the rent due to Landlord under the terms of this Lease for the same period, after deduction for the following costs actually paid or actually reasonable leasing commissions and reasonable legal fees incurred by Tenant directly in connection with such sublease: market-rate leasing commissions; rent concessions; reasonable , but without deduction for any other costs of tenant improvementsor expenses (including, without limitation, capital improvements, building upgrades and upgrades, permit fees; , and reasonable attorneysother consultants’ fees not fees). Any commissions, costs and expenses deducted shall be amortized over the term of the sublease or the remainder of the Lease Term (in the case of an assignment), and only the monthly amortizing portion thereof deducted from the excess rentals and assignment consideration payable to exceed five thousand dollars ($5,000.00)Landlord under this Article 7. Tenant agrees that the portion of any Assignment Consideration assignment consideration and/or Excess Rentals excess rentals arising from any assignment or subletting by Tenant which is to be paid to Landlord pursuant to this Article now is and shall then be the property of Landlord and not the property of Tenant.