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 Agreement (Industrial Minerals Inc), Lease Agreement (Telvent Git S A), Lease Agreement (SmartCool Systems, Inc.)
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.
Appears in 1 contract
Samples: Lease Extension and Amending Agreement (Nevada Geothermal Power Inc)
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 will 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 1 contract
Samples: Lease Amending and Extension Agreement (Ym Biosciences Inc)
