Common use of Profit Rents upon Transfers Clause in Contracts

Profit Rents upon Transfers. In the event of any Transfer by the Tenant by virtue of which the Tenant receives a rent in the form of cash, goods or services from the Transferee which is greater than the Rent payable hereunder to the Landlord, the Tenant shall pay any such excess to the Landlord in addition to all Rent payable under this Lease, and such excess rent shall be deemed to be further Rent payable hereunder.

Appears in 6 contracts

Samples: Lease (Industrial Minerals Inc), Lease (Delphax Technologies Inc), Telvent Git S A

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Profit Rents upon Transfers. In the event of any Transfer by the Tenant by virtue of which the Tenant Tenant; receives a rent in the form of cash, goods or services from the Transferee which is greater than the Rent payable payable: hereunder to the Landlord, the Tenant shall pay any such excess to the Landlord in addition to all Rent payable under .under this Lease, and such excess rent shall be deemed to be he further Rent payable hereunder.. Office Lease – General Revised 01/2000

Appears in 1 contract

Samples: Lease Extension and Amending Agreement (Nevada Geothermal Power Inc)

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