Common use of Payments to Landlord Clause in Contracts

Payments to Landlord. If Landlord consents to a proposed assignment or sublease, then Landlord will 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 which (after deducting the costs of Tenant, if any, in effecting the assignment or sublease, including reasonable 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; and (b) any other profit or gain (after deducting any necessary expenses incurred) realized by Tenant from any such sublease or assignment. All such sums payable will be payable to Landlord at the time the next payment of Monthly Rent is due.

Appears in 2 contracts

Samples: Agreement (Go Daddy Group, Inc.), Office Lease (Ryland Group Inc)

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Payments to Landlord. If Landlord consents to a proposed assignment or sublease, then Landlord will have the right to require Tenant to pay to Landlord a sum equal to: to (a) any rent or other consideration paid to Tenant by any proposed transferee which that (after deducting the costs of Tenant, if any, in effecting affecting the assignment or sublease, including reasonable alteration alterations 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; and (b) any other profit or gain (after deducting any necessary expenses incurred) realized by Tenant from any such sublease or assignmentassignments. All such sums payable owed to Landlord under 9.3(c), above, will be payable to Landlord at the time the next payment of Monthly Rent is due.

Appears in 1 contract

Samples: Office Lease (Xcarenet Inc)

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Payments to Landlord. If Landlord consents to a proposed assignment or sublease, then Landlord will have the right to require Tenant to pay to Landlord a sum equal to: to (a) any rent or other consideration paid to Tenant by any proposed transferee which that (after deducting the costs of Tenant, if any, in effecting the assignment or sublease, including reasonable alteration alterations 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; and (b) any other profit or gain (after deducting any necessary expenses incurred) realized by Tenant from any such sublease or assignment. All such sums payable owed to Landlord under 9.3(c), above will be payable to Landlord at the time the next payment of Monthly Rent is due.

Appears in 1 contract

Samples: Office Lease (Xcarenet Inc)

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