Sublease Profit Restriction. In no event shall the monthly rental under any sublease provided for in Subparagraphs (a)(1) through (6) of Section 6 above exceed one percent (1%) of the Section 3 Price of the Unit being subleased at anytime during the sublease period, including extensions. Any rent received under any sublease referred to hereinabove in excess of said one percent (1%) of such value shall be paid forthwith to Declarant.
Appears in 6 contracts
Samples: Joint Purchase Agreement, Joint Purchase Agreement, Joint Purchase Agreement
