Common use of Rents from Transfer Clause in Contracts

Rents from Transfer. In the event Landlord shall consent to a Transfer of this Lease and the amount of the rents (or other compensation) to be paid to Tenant by any such transferee is greater than the rents required to be paid by Tenant to Landlord pursuant to this Lease or a premium is to be paid to Tenant for an assignment of this Lease, Tenant shall pay to Landlord any such excess or any such premium, as the case may be, upon receipt thereof by Tenant from such transferee.

Appears in 5 contracts

Samples: Office Lease (Marpai, Inc.), Nevada Office Lease (Diamond Resorts Corp), Lease (Inphonic Inc)

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Rents from Transfer. In the event Landlord shall consent to a Transfer any sublet of this Lease Lease, or any other arrangement by which a person or entity other than Tenant occupies all or any portion of the Premises, and the amount of the rents (or other compensation) rental rate to be paid to Tenant by any such transferee occupant is greater than the rents rental rate required to be paid by Tenant to Landlord pursuant to this Lease or a premium is to be paid to Tenant for an assignment of this Lease, Tenant shall pay to Landlord Landlord, as Additional Rent, any such excess or any such premium, as the case may beexcess, upon receipt thereof by Tenant from such transfereeoccupant.

Appears in 1 contract

Samples: Harbor Global Co LTD

Rents from Transfer. In the event Landlord shall consent to a Transfer of this Lease and the amount of the rents (or other compensation) to be paid to Tenant by any such transferee is greater than the rents required to be paid by Tenant to Landlord pursuant to this Lease or a premium is to be paid to Tenant for an assignment of this Lease, Tenant shall pay to Landlord fifty percent (50%) of any such excess or any such premium, as the case may be, upon receipt thereof by Tenant from such transferee.

Appears in 1 contract

Samples: Office Lease (Excalibur Technologies Corp)

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Rents from Transfer. In in the event Landlord shall consent to a ------------------- Transfer of this Lease and the amount of the rents (or other compensation) to be paid to Tenant by any such transferee is greater than the rents required to be paid by Tenant to Landlord pursuant to this Lease or a premium is to be paid to Tenant for an assignment of this Lease, Tenant shall pay to Landlord any such excess or any such premium, as the case may be, upon receipt thereof by Tenant from such transferee.

Appears in 1 contract

Samples: Lease Agreement (RWD Technologies Inc)

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