Common use of Participation by Landlord Clause in Contracts

Participation by Landlord. In the event of any assignment or sublease involving rent in excess of the fixed annual rent or additional rent required under this Lease (“Excess Rent”), Landlord shall participate in the Excess Rent. Tenant shall promptly pay to Landlord, as additional rent, fifty (50%) percent of all such Excess Rent collected from the assignee or subtenant, and shall supply Landlord with a true copy of each assignment or sublease, and in the case of the former, an originally executed assumption by the assignee of all of Tenant’s obligations under this Lease.

Participation by Landlord. In the event of any assignment or sublease involving rent in excess of the fixed annual rent Base Rent or additional rent Additional Rent required under this Lease (“Excess Rent”), Landlord shall participate in the Excess Rent. Tenant shall promptly pay to Landlord, as additional rentAdditional Rent, fifty (50%) percent of all such Excess Rent collected from the assignee or subtenant, and shall supply Landlord with a true copy of each assignment or sublease, and in the case of the former, an originally executed assumption by the assignee of all of Tenant’s obligations under this Lease.

Participation by Landlord. In the event of any assignment or sublease involving rent in excess of the fixed annual rent Fixed Minimum Rent or additional rent Additional Rent required under this Lease (“as Excess Rent”), Landlord shall participate in the Excess Rent. Tenant shall promptly pay forward to Landlord, as additional rent, Landlord fifty (50%) percent of all such Excess Rent collected from the assignee or subtenant, subtenant and shall supply Landlord with a true copy of each assignment or sublease, and in the case of the former, an originally copies as executed assumption by the assignee of all of Tenant’s obligations under this Leaseassignments and subleases.

Participation by Landlord. In the event of any assignment or sublease involving rent in excess of the fixed annual rent or additional rent required under this Lease (“"Excess Rent”"), Landlord shall participate in the Excess Rent. Tenant shall promptly pay to Landlord, as additional rent, fifty (50%) percent of all such Excess Rent collected from the assignee or subtenant, and shall supply Landlord with a true copy of each assignment or sublease, and in the case of the former, an originally executed assumption by the assignee of all of Tenant’s 's obligations under this Lease.

Participation by Landlord. In the event of any assignment or sublease involving rent in excess of the fixed annual rent Fixed Minimum Rent or additional rent Additional Rent required under this Lease (“Excess Rent”), Landlord shall participate in the Excess Rent. Tenant shall promptly pay forward to Landlord, as additional rent, Landlord fifty percent (50%) percent of all such Excess Rent collected from the assignee or subtenant, subtenant and shall supply Landlord with a true copy of each assignment or sublease, and in the case of the former, an originally xxxxx as executed assumption by the assignee of all of Tenant’s obligations under this Leaseassignments and subleases.