Common use of Payment of Excess Rent and Other Consideration Clause in Contracts

Payment of Excess Rent and Other Consideration. Tenant shall also pay to Landlord, promptly upon Xxxxxx’s receipt thereof, fifty percent (50%) of any and all rent, sums or other consideration, howsoever denominated, realized by Tenant in connection with any assignment or sublease transaction in excess of the Base Rent and Escalation Rent payable hereunder (prorated to reflect the Rent allocable to the portion of the Premises if a sublease), after first deducting, (i) in the case of an assignment, the unamortized actual out of pocket, third-party, costs of Alterations paid for by Xxxxxx and actual out of pocket third party real estate commissions paid by Tenant solely in connection with such assignment, and (ii) in the case of a sublease, the actual out of pocket, third-party, cost of Alterations made to the Premises at Tenant’s cost to effect the sublease, and the actual amount of any real estate commissions paid by Xxxxxx to a third party solely in connection with such sublease, both amortized over the term of the sublease.

Appears in 3 contracts

Samples: Office Lease (Salesforce Com Inc), Office Lease (Salesforce Com Inc), Office Lease (Salesforce Com Inc)

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Payment of Excess Rent and Other Consideration. Tenant shall also pay to Landlord, promptly upon XxxxxxTenant’s receipt thereof, fifty percent (50%) of any and all rent, sums or other consideration, howsoever denominated, realized by Tenant in connection with any assignment or sublease transaction in excess of the Base Rent and Escalation Rent payable hereunder (prorated to reflect the Rent allocable to the portion of the Premises if a sublease), after first deducting, (i) in the case of an assignment, the unamortized actual out of pocket, third-party, costs of Alterations paid for by Xxxxxx Tenant and actual out of pocket third party real estate commissions paid by Tenant solely in connection with such assignment, and (ii) in the case of a sublease, the actual out of pocket, third-party, cost of Alterations made to the Premises at Tenant’s cost to effect the sublease, and the actual amount of any real estate commissions paid by Xxxxxx Tenant to a third party solely in connection with such sublease, both amortized over the term of the sublease.

Appears in 2 contracts

Samples: Sublease Agreement (Salesforce Com Inc), Sublease Agreement (Salesforce Com Inc)

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Payment of Excess Rent and Other Consideration. Tenant shall also pay to Landlord, promptly upon Xxxxxx’s receipt Tenaxx'x xeceipt thereof, fifty percent (50%) *** of any and all rent, sums or other consideration, howsoever denominated, realized by Tenant in connection with any assignment or sublease transaction in excess of the Base Rent and Escalation Rent payable hereunder (prorated to reflect the Rent allocable to the portion of the Premises if a sublease), after first deducting, (i) in the case of an assignment, the unamortized actual out of pocket, third-party, costs of Alterations paid for by Xxxxxx Tenant and actual out of pocket third party real estate commissions paid by Tenant solely Tenaxx xxxely in connection with such assignment, and (ii) in the case of a sublease, the actual out of pocket, third-party, cost of Alterations made to the Premises at Tenant’s 's cost to effect the sublease, and the actual amount of any real estate commissions paid by Xxxxxx to Tenaxx xx a third party solely in connection with such sublease, both amortized over the term of the sublease.

Appears in 1 contract

Samples: Office Lease (Del Monte Foods Co)

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