Common use of Excess Rent Clause in Contracts

Excess Rent. City shall receive fifty percent (50%) of all Excess Rent payable in connection with any Transfer. “Excess Rent” means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

Appears in 22 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Excess Rent. City shall receive fifty percent (50%) of all Excess Rent payable in connection with any Transfer. “Excess Rent” means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord City while the Premises is vacant).

Appears in 19 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

Excess Rent. City shall receive fifty percent (50%) of all Excess Rent payable in connection with any Transfer. “Excess Rent” means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant Xxxxxx as a result of the Transfer (but specifically excluding any Rent paid to Landlord City while the Premises is vacant).

Appears in 4 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

Excess Rent. City shall receive fifty percent (50%) of all Excess Rent payable in connection with any Transfer. “Excess Rent” means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ fees and any other reasonable out-of-of- pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Excess Rent. City shall receive fifty percent (50%) of all Excess Rent payable in connection with any Transfer. “Excess Rent” means the excess of (a) all consideration received by Tenant from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by Tenant, reasonable attorneys’ attorneys‟ fees and any other reasonable out-of-pocket costs paid by Tenant as a result of the Transfer (but specifically excluding any Rent paid to Landlord while the Premises is vacant).

Appears in 1 contract

Samples: Lease Agreement

Excess Rent. City shall receive fifty percent (50%) of all Excess Rent payable in connection with any Transfer. “Excess Rent” means the excess of (a) all consideration received by Tenant Operator from a Transfer over (b) Rent payable under this Lease after deducting reasonable tenant improvements paid for by TenantOperator, reasonable attorneys’ fees and any other reasonable out-of-pocket costs paid by Tenant Operator as a result of the Transfer (but specifically excluding any Rent paid to Landlord City while the Premises is vacant).

Appears in 1 contract

Samples: Airport Luggage Cart Lease and Operating Agreement

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