Common use of Payments to Landlord Clause in Contracts

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 one–half (1/2) of the total amount of (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 will be payable to Landlord within ten (10) business days after Tenant’s receipt thereof.

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 one–half (1/2) of the total amount of 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 rent allocable to the transferred space then being paid by Tenant to Landlord pursuant to this Lease; (b) one-half of 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 will be payable to Landlord within ten (10) business days after Tenant’s receipt thereofat the time the next payment of Monthly Rent is due.

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 one–half (1/2I) 50% of the total amount of (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; and (b) any other profit or gain (after deducting any necessary expenses incurred) realized by Tenant from any such sublease or assignment; and plus (cII) 100% of Landlord’s 's reasonable attorneys’ ' fees and costs incurred in connection with negotiation, review, and processing of the transfer. All such sums payable will be payable to Landlord within ten (10) business days after Tenant’s receipt thereofat the time the next payment of Monthly Rent is due.