Common use of Payments to Landlord Clause in Contracts

Payments to Landlord. If Landlord consents to a proposed assignment or sublease, Landlord shall have the right to require Tenant to pay to Landlord a sum equal to (a) any Rent or other consideration paid to Tenant by any proposed transferee that (after deducting the costs of Tenant, if any, in effecting the assignment or sublease, including reasonable alterations costs, commissions and legal fees) is in excess of the Rent allocable to the transferred space then being paid by Tenant to Landlord pursuant to this Lease; (b) any other profit or gain (after deducting any necessary expenses incurred) realized by Tenant from any such sublease or assignment; and (c) Landlord's reasonable attorneys' fees and costs incurred in connection with negotiation, review, and processing of the transfer. All such sums payable shall be payable to Landlord at the time the next payment of Monthly Rent is due.

Appears in 4 contracts

Samples: Lease Agreement (World Wide Magic Net Inc), Lease Agreement (World Wide Magic Net Inc), Lease Agreement (World Wide Magic Net Inc)

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Payments to Landlord. If Landlord consents to a proposed assignment or sublease, then Landlord shall have the right to require Tenant to pay to Landlord a sum equal to the total amount of (a) any Rent rent or other consideration paid to Tenant by any proposed transferee that (after deducting the costs of Tenant, if any, in effecting the assignment or sublease, including reasonable alterations costs, commissions and legal fees) is in excess of the Rent allocable to the transferred space then being paid by Tenant to Landlord pursuant to this Lease; (b) any other profit or gain (after deducting any necessary expenses incurred) realized by Tenant from any such sublease or assignment; and (c) Landlord's ’s reasonable attorneys' fees and costs incurred in connection with negotiation, review, and processing of the transfer. All such sums payable shall will be payable to Landlord at the time the next payment of Monthly Base Rent is due.

Appears in 1 contract

Samples: Office Lease (Dendreon Corp)

Payments to Landlord. If Landlord consents to a proposed assignment or sublease, then Landlord shall have the right to require Tenant to pay to Landlord a sum equal to one half of (a) any Rent rent or other consideration paid to Tenant by any proposed transferee that (after deducting the costs of Tenant, if any, in effecting the assignment or sublease, including reasonable alterations costs, commissions and legal fees) is in excess of the Rent allocable to the transferred space then being paid by Tenant to Landlord pursuant to this Lease; (b) any other profit or gain (after deducting any necessary expenses incurred) realized by Tenant from any such sublease or assignment; and (c) Landlord's ’s reasonable attorneys' fees and costs incurred in connection with negotiation, review, and processing of the transfer. All such sums payable shall will be payable to Landlord at the time the next payment of Monthly Base Rent is due.

Appears in 1 contract

Samples: Office Lease (Acucela Inc)

Payments to Landlord. If Landlord consents to a proposed assignment or sublease, then Landlord shall will have the right to require Tenant to pay to Landlord a sum equal to (a) any Rent or rent or. other consideration paid to Tenant by any proposed transferee that (after deducting the costs of Tenant, if any, in effecting the assignment or sublease, including reasonable alterations alteration costs, commissions and legal fees) is in excess of the Rent rent allocable to the transferred space then being paid by Tenant to Landlord pursuant to this Lease; Lease (b) any other profit or gain (after deducting any necessary expenses incurred) realized by Tenant from any such sublease or assignment; and (c) Landlord's reasonable attorneys' fees and costs incurred in connection with negotiation, review, and processing of the transfer. All such sums payable shall will be payable to Landlord at the time the next payment of Monthly Rent monthly rent is due.

Appears in 1 contract

Samples: Office Lease (Virage Logic Corp)

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Payments to Landlord. If Landlord consents to a proposed assignment or sublease, then Landlord shall will have the right to require Tenant to pay to Landlord a sum equal to (a) 50% of any Rent rent or other consideration paid to Tenant by any proposed transferee that (after deducting the costs of Tenant, if any, in effecting the assignment or sublease, including reasonable alterations 17 costs, commissions and legal fees) is in excess of the Rent rent allocable to the transferred space then being paid by Tenant to Landlord pursuant to this Lease; (b) any other profit or gain (after deducting any necessary expenses incurred) realized by Tenant from any such sublease or assignment; and (c) Landlord's reasonable attorneys' fees and costs incurred in connection with negotiation, review, and processing of the transfer. All such sums payable shall will be payable to Landlord at the time the next payment of Monthly Rent is due.

Appears in 1 contract

Samples: Office Lease (Eloquent Inc)

Payments to Landlord. If Landlord consents to a proposed assignment or sublease, then Landlord shall will have the right to require Tenant to pay to Landlord a sum equal to (a) any Rent rent or other consideration paid to Tenant by any proposed transferee that which (after deducting the costs of Tenant, if any, in effecting the assignment or sublease, including reasonable alterations alteration costs, commissions and legal fees) is in excess of the Rent allocable to the transferred space which is then being paid by Tenant to Landlord pursuant to this Lease; (b) any other profit or gain (after deducting any necessary expenses incurred) realized by Tenant from any such sublease or assignment; and (c) Landlord's reasonable attorneys' fees and costs incurred in connection with negotiation, review, review and processing of the transfer. All such sums payable shall will be payable to Landlord at the time the next payment of Monthly Rent is due.

Appears in 1 contract

Samples: Asset Purchase and Sale Agreement (Scotts Liquid Gold Inc)

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