Common use of Sublet Profits Clause in Contracts

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: Media Arts Group Inc, Media Arts Group Inc

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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: 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-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: Media Arts Group Inc

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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.)

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