Common use of Excess Consideration Clause in Contracts

Excess Consideration. If Landlord consents to the assignment or sublease, Landlord shall be entitled to receive as additional Rent hereunder fifty percent (50%) of any consideration paid by the Transferee for the assignment or sublease and, in the case of a sublease, fifty percent (50%) of the excess of the rent and other consideration payable by the subtenant over the amount of Base Rent and Operating Cost Payments payable hereunder applicable to the subleased space.

Appears in 4 contracts

Samples: Building Lease (Five9, Inc.), Building Lease (Five9, Inc.), Building Lease (Five9, Inc.)

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Excess Consideration. If Landlord consents to the assignment or sublease, Landlord shall be entitled to receive as additional Rent hereunder fifty percent (50%) % of any consideration paid by the Transferee for the assignment or sublease and, in the case of a sublease, fifty percent (50%) % of the excess of the rent and other consideration payable by the subtenant over the amount of Base Rent and Operating Cost Payments payable hereunder applicable to the subleased space.

Appears in 2 contracts

Samples: Sublease (Nextcard Inc), Building Lease (Neonode, Inc)

Excess Consideration. If Landlord consents to the proposed assignment or sublease, Landlord shall be entitled to receive as additional Additional Rent hereunder fifty hereunder, one hundred percent (50100%) of all Sublease Profits. "Sublease Profits" shall mean any consideration paid by the Transferee for the assignment or sublease and, in the case of a sublease, fifty percent (50%) of the excess of the rent and other consideration payable by the subtenant over the amount of Base Rent and Operating Cost Payments Additional Rent payable hereunder applicable to the subleased space.

Appears in 1 contract

Samples: Lease Agreement (Serena Software Inc)

Excess Consideration. If Landlord consents to the assignment or sublease, Landlord shall be entitled to receive as additional Rent hereunder fifty percent (50%) % of any consideration paid by the Transferee for the assignment or sublease and, in the case of a sublease, fifty percent (50%) of the excess of the rent and other consideration payable by the subtenant over the amount of Base Rent and Operating Cost Payments payable hereunder applicable to the subleased space.

Appears in 1 contract

Samples: Building Lease (Mirion Technologies, Inc.)

Excess Consideration. If Landlord consents to the assignment or sublease, Landlord shall be entitled to receive as additional Rent hereunder fifty percent (50%) of any consideration paid by the Transferee for the assignment or sublease and, in the case of a sublease, fifty percent (50%) of the excess of the rent and other consideration payable by the subtenant over the amount of Base Rent and Operating Cost Payments Additional Rent payable hereunder applicable to the subleased space.

Appears in 1 contract

Samples: Sublease (Neurobiological Technologies Inc /Ca/)

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Excess Consideration. If Landlord consents to the assignment or -------------------- sublease, Landlord shall be entitled to receive as additional Rent hereunder fifty percent (50%) of any consideration paid by the Transferee for the assignment or sublease and, in the case of a sublease, fifty percent (50%) of the excess of the rent and other consideration payable by the subtenant over the amount of Base Rent and Operating Cost Payments Additional Rent payable hereunder applicable to the subleased space.

Appears in 1 contract

Samples: Lease Agreement (United Panam Financial Corp)

Excess Consideration. If Landlord consents to the assignment or sublease, Landlord shall be entitled to receive as additional Rent hereunder fifty percent (50%) one-half of any consideration paid by the Transferee for the assignment or sublease and, in the case of a sublease, fifty percent (50%) one-half of the excess of the rent and other consideration payable by the subtenant over the amount of Base Rent and Operating Cost Payments payable hereunder applicable to the subleased space.

Appears in 1 contract

Samples: Sublease Agreement (Finet Com Inc)

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