Common use of Documentation and Expenses Clause in Contracts

Documentation and Expenses. Each Transfer that requires Landlord’s consent that Tenant effects shall be evidenced by an instrument reasonably acceptable to Landlord, which shall be executed by Landlord, Tenant, and the transferee. By such instrument, the transferee shall assume and promise to perform the terms, covenants, and conditions of this Lease, which are obligations of Tenant. Tenant shall, on demand of Landlord, reimburse Landlord for Landlord’s reasonable costs, including legal fees, incurred in obtaining advice and reviewing or preparing documentation for each Transfer that requires Landlord’s consent, not to exceed $2,500; however, this fee may be reasonably adjusted by Landlord from time to time based on increases in costs.

Documentation and Expenses. Each Transfer that requires LandlordXxxxxxxx’s consent that Tenant effects shall be evidenced by an instrument reasonably acceptable to Landlord, which shall be executed by Landlord, Tenant, and the transferee. By such instrument, the transferee shall assume and promise to perform the terms, covenants, and conditions of this Lease, which are obligations of Tenant. Tenant shall, on demand of Landlord, reimburse Landlord for Landlord’s reasonable costs, including legal fees, incurred in obtaining advice and reviewing or preparing documentation for each Transfer that requires LandlordXxxxxxxx’s consent, not to exceed $2,500; however, this fee may be reasonably adjusted by Landlord from time to time based on increases in costs.