Common use of Excess Rent and Other Consideration Clause in Contracts

Excess Rent and Other Consideration. Any rent and other consideration accruing to Tenant as the result of any sublease or any assignment of this Lease, which is in excess of the pro rata share of Base Annual Rent and Additional Rent then being paid by Tenant for all or a portion of the Demised Premises being sublet or assigned, shall be paid by Tenant to Landlord monthly as Additional Rent. Any consideration accruing to Tenant as the result of any transfer of interest in Tenant restricted pursuant to Section 4.1, which is paid or deemed paid in regard to the value of this Lease and which is in excess of the pro rata share of the Base Annual Rent and Additional Rent which would have been paid by Tenant during the Lease Term for such space, shall be paid by Tenant to Landlord promptly as Additional Rent.

Appears in 2 contracts

Samples: Office Building Lease (Net2000 Communications Inc), Office Building Lease (Otg Software Inc)

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Excess Rent and Other Consideration. Any rent and other consideration accruing to Tenant as the result of any sublease or any assignment of this Lease, which is in excess of the pro rata share of Base Minimum Annual Rent and Additional Rent then being paid by Tenant for all or a portion of the Demised Leased Premises being sublet or assigned, shall be paid by Tenant to Landlord monthly as Additional Rent. Any consideration accruing to Tenant as the result of any transfer of interest in Tenant restricted pursuant to Section 4.112.1, which is paid or deemed paid in regard to the value of this Lease and which is in excess of the pro rata share of the Base Minimum Annual Rent and Additional Rent which would have been paid by Tenant during the Term of this Lease Term for such space, shall be paid by Tenant to Landlord promptly as Additional Rent.

Appears in 1 contract

Samples: Lease

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Excess Rent and Other Consideration. Any rent and other consideration accruing to Tenant as the result of any sublease or any assignment of this LeaseLease (other than with regard to a Permitted Transfer), which is in excess of the pro rata share of Base Annual Rent and Additional Rent then being paid by Tenant for all or a portion of the Demised Premises being sublet or assigned, shall be paid by Tenant to Landlord monthly as Additional Rent. Any consideration accruing to Tenant as the result of any transfer of interest in Tenant restricted pursuant to Section 4.14.1 (and not including a Permitted Transfer), which is paid or deemed paid in regard to the value of this Lease and which is in excess of the pro rata share of the Base Annual Rent and Additional Rent which would have been paid by Tenant during the Lease Term for such space, shall be paid by Tenant to Landlord promptly as Additional Rent.

Appears in 1 contract

Samples: Office Building Lease (Micromet, Inc.)

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