Common use of Excess Rent Clause in Contracts

Excess Rent. Landlord and Tenant agree that, if Tenant assigns this Lease, or subleases any part of the Tenant Space, for any Excess Rent, then Tenant shall pay to Landlord, as Additional Rent, fifty percent (50%) of any such Excess Rent immediately upon Tenant’s receipt thereof.

Appears in 7 contracts

Samples: Datacenter Lease (Endurance International Group Holdings, Inc.), Turn Key Datacenter Lease (Endurance International Group Holdings, Inc.), Turn Key Datacenter Lease (Carbonite Inc)

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Excess Rent. Landlord and Tenant agree that, if Tenant assigns this Lease, or subleases any part of the Tenant Space, for any Excess Rent, then Tenant shall pay to Landlord, as Additional Rent, fifty percent (50%) [*****] of any such Excess Rent immediately upon Tenant’s 's receipt thereof.

Appears in 1 contract

Samples: Datacenter Lease (Rackspace Hosting, Inc.)

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Excess Rent. Landlord and Tenant agree that, if Tenant assigns this Lease, or subleases any part of the Tenant Space, for any Excess Rent, then Tenant shall pay to Landlord, as Additional Rent, fifty percent (50%) of any such Excess Rent immediately upon TenantXxxxxx’s receipt thereof.

Appears in 1 contract

Samples: Deed of Turn Key Datacenter Lease (Carbonite Inc)

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