Excess Rents. In the event that Tenant effects a Transfer and at any time receives periodic rent and/or other consideration which exceeds that which Tenant is obligated to pay to Landlord hereunder, Tenant shall pay to Landlord all of such excess rent or other consideration promptly (but in no event later than 2 days) after receipt of such monies.
Appears in 2 contracts
Samples: Office Lease Agreement (Imtek Office Solutions Inc), Industrial Lease Agreement (Hathaway Corp)
Excess Rents. In the event that Tenant effects a any Transfer and at any time receives periodic rent and/or other consideration on a periodic basis which exceeds that which Tenant is obligated to pay to Landlord hereunder, Tenant shall pay to Landlord all fifty percent (50%) of such excess rent or other consideration promptly (but in no event when and as received by Tenant, however, not later than 2 days) 30 days after receipt of such moniesexcess consideration.
Appears in 2 contracts
Samples: Office Lease Agreement (Everspin Technologies Inc), Office Lease Agreement (Everspin Technologies Inc)
Excess Rents. In the event that Tenant effects a Transfer and at any time receives periodic rent and/or other consideration which exceeds that which Tenant is obligated to pay to Landlord hereunder, Tenant shall pay to Landlord all of such excess rent or other consideration promptly (but in no event later than 2 two (2) days) after receipt of such monies.
Appears in 1 contract
Samples: Lease Agreement
Excess Rents. In the event that Tenant effects a Transfer and at any time receives periodic rent and/or other consideration which exceeds that which Tenant is obligated to pay to Landlord hereunder, Tenant shall pay to Landlord all one half (1/2) of such excess rent or other consideration (net of Tenant’s reasonable out-of-pocket costs incurred in connection with such Transfer), all of promptly (but in no event later than 2 days) after receipt of such monies.
Appears in 1 contract
Excess Rents. In the event that Tenant effects a any Transfer and at ------------ any time receives periodic rent and/or other consideration for occupancy of the Premises on a periodic basis which exceeds that which Tenant is obligated to pay to Landlord hereunder, Tenant shall pay to Landlord all fifty percent (50%) of such excess rent or other consideration promptly (but in no event later than 2 days) after receipt for occupancy of such moniesthe Premises when and as received by Tenant.
Appears in 1 contract
Samples: Office Lease Agreement (American Pharmaceutical Partners Inc /Ca/)