Sublet Profits. If the Rent received by Tenant from any Sublet exceeds the Rent payable by Tenant under this Lease, Tenant shall pay one-half (1/2) of such excess to Landlord monthly as Additional Rent after first deducting reasonable costs incurred by Tenant in connection with such Sublet for advertising, brokerage commissions, and attorneys' fees.
Appears in 2 contracts
Samples: Standard Single Tenant Lease Triple Net (Media Arts Group Inc), Standard Single Tenant Lease Triple Net (Media Arts Group Inc)
Sublet Profits. If the Rent received by Tenant from any Sublet (less Tenant’s actual out-of-pocket expenditures for reasonable attorneys’ fees, leasing commissions, advertising, and tenant improvements to the Premises made to induce the Sublet) exceeds the Rent payable by Tenant under this Lease, Tenant shall pay one-half (( 1/2) of such excess to Landlord monthly as Additional Rent after first deducting reasonable costs incurred by Tenant in connection with such Sublet for advertising, brokerage commissions, and attorneys' feesRent.
Appears in 1 contract
Samples: Lease (Vocera Communications, Inc.)
Sublet Profits. If the Rent received by Tenant from any Sublet exceeds the Rent payable by Tenant under this Lease, Tenant shall pay one-one- half (1/2) of such excess to Landlord monthly as Additional Rent after first deducting reasonable costs incurred by Tenant in connection with such Sublet for advertising, brokerage commissions, and attorneys' fees.
Appears in 1 contract
Samples: Standard Single Tenant Lease Triple Net (Media Arts Group Inc)
Sublet Profits. If the Rent received by Tenant from any Sublet exceeds the Rent payable by Tenant under this Lease, Tenant shall pay one-half (1/2) of such excess to Landlord monthly as Additional Rent after first deducting reasonable costs incurred by Tenant in connection with such Sublet for advertising, brokerage commissions, and attorneys' fees.. 25. DEFAULT 25.1
Appears in 1 contract
Samples: Standard Single Tenant Lease Triple Net (Media Arts Group Inc)
