Common use of EXCESS SUBLEASE RENTAL OR ASSIGNMENT CONSIDERATION Clause in Contracts

EXCESS SUBLEASE RENTAL OR ASSIGNMENT CONSIDERATION. In the event of any sublease or assignment of all or any portion of the Premises where the rent or other consideration provided for in the sublease or assignment either initially or over the term of the sublease or assignment exceeds the Rent or pro rata portion of the Rent, as the case may be, for such space reserved in the Lease, Tenant shall pay the Landlord monthly, as Additional Rent, at the same time as the monthly installments of Rent are payable hereunder, seventy-five percent (75%) of the excess of each such payment of rent or other consideration in excess of the Rent called for hereunder.

Appears in 4 contracts

Samples: Lease Agreement (New Ico Global Communications Holdings LTD), Lease Agreement (Phase Metrics Inc), Lease Agreement (Homegrocer Com Inc)

AutoNDA by SimpleDocs

EXCESS SUBLEASE RENTAL OR ASSIGNMENT CONSIDERATION. In the event of any sublease or assignment of all or any portion of the Premises where the rent or other consideration provided for in the sublease or assignment either initially or over the term of the sublease or assignment exceeds the Rent or pro rata portion of the Rent, as the case may be, for such space reserved in the Lease, Tenant Lessee shall pay the Landlord Lessor monthly, as Additional Rentadditional rent, at the same time as the monthly installments of Rent are payable hereunder, seventy-five fifty percent (7550%) of the excess of each such payment of rent or other consideration in excess of the Rent called for hereunder.

Appears in 1 contract

Samples: Lease Agreement (Bikers Dream Inc)

EXCESS SUBLEASE RENTAL OR ASSIGNMENT CONSIDERATION. In the event of any sublease or assignment of all or any portion of the Premises where the rent or other consideration provided for in the sublease or assignment either initially or over the term of the sublease or assignment exceeds the Rent or pro rata portion of the Rent, as the case may be, for such space reserved in the Leaselease, Tenant shall pay the Landlord monthly, as Additional Rent, at the same time as the monthly installments of Rent are payable hereunder, seventy-five fifty percent (7550%) of the excess of each such payment of rent or other consideration in excess of the Rent called for hereunder.

Appears in 1 contract

Samples: Lease Agreement (Infiniti Solutions LTD)

EXCESS SUBLEASE RENTAL OR ASSIGNMENT CONSIDERATION. In the event of any sublease or assignment of all or any portion of the Premises where the rent or other consideration provided for in the sublease or assignment either initially or over the term of the sublease or assignment exceeds the Rent or pro rata portion of the Rent, as the case may be, for such space reserved in the Lease, Tenant shall pay the Landlord monthly, as Additional Rent, at the same time as the monthly installments of Rent are payable hereunderand when received, seventy-five fifty percent (7550%) of the excess of each such payment of rent or other consideration in excess of the Rent called for hereunder.

Appears in 1 contract

Samples: Lease Agreement (Nuance Communications)

EXCESS SUBLEASE RENTAL OR ASSIGNMENT CONSIDERATION. In the event of any sublease or assignment of all or any portion of the Premises where the rent or other consideration provided for in the sublease or assignment either initially or over the term of the sublease or assignment exceeds the Rent or pro rata portion of the Rent, as the case may be, for such space reserved in the Lease, Tenant shall pay the Landlord monthly, as Additional Rent, at the same time as the monthly installments of Rent are payable hereunder, seventy-five percent (75%) of the excess of each such payment of rent or other consideration in excess of the Rent called for hereunderhereunder less reasonable actual commissions for such sublease.

Appears in 1 contract

Samples: Lease Agreement (Jabil Circuit Inc)

AutoNDA by SimpleDocs

EXCESS SUBLEASE RENTAL OR ASSIGNMENT CONSIDERATION. In the event of any sublease or assignment of all or any portion of the Premises where the rent or other consideration provided for in the sublease or assignment either initially or over the term of the sublease or assignment exceeds the Rent or pro rata portion of the Rent, as the case may be, for such space reserved in the Lease, Tenant shall pay the Landlord monthly, as Additional Rent, at the same time as the monthly installments of Rent are payable hereunder, seventy-five percent (75%) of the excess of each such payment of rent or other consideration in excess of the Rent called for hereunderhereunder minus reasonable actual brokerage commissions.

Appears in 1 contract

Samples: Lease Agreement (Ditech Corp)

EXCESS SUBLEASE RENTAL OR ASSIGNMENT CONSIDERATION. In the event of any sublease or assignment of all or any portion of the Premises where the rent or other consideration provided for in the sublease or assignment either initially or over the term of the sublease or assignment exceeds the Rent or pro rata portion of the Rent, as the case may be, for such space reserved in the Lease, Tenant shall pay the Landlord monthly, as Additional Rent, at the same time as the monthly installments of Rent are payable hereunder, seventy-five percent (75%) of the excess of each such payment of rent or other consideration in excess of the Rent called for hereunder, after deducting therefrom Tenant's reasonable costs to effect the assignment or sublet, including, without limitation, brokerage commissions, legal fees and refurbishment costs.

Appears in 1 contract

Samples: Lease Agreement (Nuance Communications)

EXCESS SUBLEASE RENTAL OR ASSIGNMENT CONSIDERATION. In the event of any sublease or assignment of all or any portion of the Premises where the rent or other consideration provided for in the sublease or assignment either initially or over the term of the sublease or assignment exceeds the Rent or pro rata portion of the Rent, as the case may be, for such space reserved in the Lease, Tenant shall pay the Landlord monthly, as Additional Rent, at the same time as the monthly installments of Rent are payable hereunder, seventy-five fifty percent (7550%) of the excess of each such payment of rent or other consideration in excess of the Rent called for hereunder.

Appears in 1 contract

Samples: Lease Agreement (Shoe Pavilion Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!