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: (i) 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, without deduction for any costs or expenses except that Tenant may first recover any third party, market rate leasing commissions paid, and tenant improvement costs incurred, in connection with the assignment, and (ii) 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 part of the Leased Premises in excess of the rent due to Landlord under the terms of this Lease for the portion subleased for the same period, without deduction for any costs or expenses except that Tenant may first recover third party, market rate leasing commissions paid, and tenant improvement costs incurred, in connection with the sublease. 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 ArticleArticle 7, including any amendment to this Article 7 by way of addendum or other writing: (i) 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, without deduction for any costs or expenses except that Tenant may first recover any third partyless Tenant’s reasonable assignment expenses, market rate including, but not limited to, marketing expenses, subtenant improvements, leasing commissions paid, and tenant improvement costs incurred, in connection with the assignment, legal fees; and (ii) 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 part of the Leased Premises in excess of the rent due to Landlord under the terms of this Lease for the portion subleased for the same period, without deduction for any costs or expenses expenses, except that Tenant may first recover deduct third party, market rate leasing commissions paid, and tenant improvement costs incurred, reasonable legal fees (which legal fees shall not exceed $1,500.00 in connection with the aggregate for any one (1) sublease). 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 7 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: (i) , 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, without after deduction for any costs or expenses except that Tenant may first recover any market rate, third partyparty leasing commissions, market rate leasing commissions paidtenant improvements made for the purpose of inducing the assignee, and tenant improvement costs incurred, reasonable attorneys’ fees incurred by Tenant in connection with the such assignment, and (ii) 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 part 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 after deduction for any costs or expenses except that Tenant may first recover market rate, third partyparty leasing commissions, market rate leasing commissions paidtenant improvements made for the purpose of inducing the sublessee, and tenant improvement costs incurred, reasonable attorneys’ fees incurred by Tenant in connection with the such sublease. 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: (i) , 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, without after deduction for any costs or expenses except that Tenant may first recover any market rate, third partyparty leasing commissions, market rate leasing commissions paidtenant improvements made for the purpose of inducing the assignee, and tenant improvement costs incurred, reasonable attorneys’ fees incurred by Tenant in connection with the such assignment, and (ii) the term tem. “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 part 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 after deduction for any costs or expenses except that Tenant may first recover market rate, third partyparty leasing commissions, market rate leasing commissions paidtenant improvements made for the purpose of inducing the sublessee, and tenant improvement costs incurred, reasonable attorneys’ fees incurred by Tenant in connection with the such sublease. 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.