Common use of Profits In Connection with Transfers Clause in Contracts

Profits In Connection with Transfers. Tenant shall, within thirty (30) days of receipt thereof, pay to Landlord fifty percent (50%) of any rent, sum or other consideration to be paid or given in connection with any Transfer to any entity other than an Affiliated Entity, either initially or over time, after deducting reasonable actual out-of-pocket legal and brokerage expenses incurred by Tenant in connection therewith, in excess of Rent hereunder as if such amount were originally called for by the terms of this Lease as additional rent.

Appears in 1 contract

Samples: Lease Agreement (Tolerrx Inc)

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Profits In Connection with Transfers. Tenant shall, within thirty (30) days of receipt thereof, pay to Landlord fifty percent (50%) of any rent, sum or other consideration to be paid or given in connection with any Transfer to any entity other than an Affiliated EntityTransfer, either initially or over time, after deducting reasonable actual out-of-pocket legal legal, and brokerage expenses incurred by Xxxxxx and improvements paid for by Tenant in connection therewith, in excess of Rent hereunder as if such amount were originally called for by the terms of this Lease as additional rent.

Appears in 1 contract

Samples: Lease Agreement (Quanterix Corp)

Profits In Connection with Transfers. Tenant shall, within thirty (30) days of receipt thereof, pay to Landlord fifty one hundred percent (50100%) of any rent, sum or other consideration to be paid or given in connection with any Transfer to any entity other than an Affiliated EntityTransfer, either initially or over time, after deducting reasonable actual out-of-pocket legal and brokerage expenses incurred by Tenant in connection therewith, in excess of Rent hereunder as if such amount were originally called for by the terms of this Lease as additional rent.

Appears in 1 contract

Samples: Lease Agreement (Passport Restaurants Inc)

Profits In Connection with Transfers. Tenant shall, within thirty (30) days of receipt thereof, pay to Landlord fifty percent (50%) of any rent, sum or other consideration to be paid or given in connection with any Transfer to any entity other than an Affiliated EntityTransfer, either initially or over time, after deducting amortization of all reasonable actual out-of-pocket legal attorney fees, brokerage commissions and brokerage expenses incurred the cost of any improvements required by Tenant in connection therewithsuch Transfer, in excess of Rent hereunder as if such amount were originally called for by the terms of this Lease as additional rent.

Appears in 1 contract

Samples: Lease Agreement (Black Diamond Therapeutics, Inc.)

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Profits In Connection with Transfers. Tenant shall, within thirty (30) days of receipt thereof, pay to Landlord fifty percent (50%) of any rent, sum or other consideration to be paid or given in connection with any Transfer to any entity other than an Affiliated EntityTransfer, either initially or over time, after deducting reasonable actual out-of-pocket legal legal, and brokerage expenses incurred by Xxxxxx and unamortized improvements paid for by Tenant in connection therewith, in excess of Rent hereunder as if such amount were originally called for by the terms of this Lease as additional rent.

Appears in 1 contract

Samples: Lease Agreement (Dicerna Pharmaceuticals Inc)

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