Common use of Sublet Profits Clause in Contracts

Sublet Profits. Except as provided in Paragraph 24.5, if the Rent received by Tenant from any Sublet, after first deducting Tenant’s actual out-of-pocket expenditures for reasonable attorneys’ fees, leasing commissions incurred by Tenant in connection with such Sublet, and any tenant improvements or allowance paid by Tenant, exceeds the Rent payable by Tenant under this Lease, Tenant shall pay fifty percent (50%) of such excess to Landlord monthly as Additional Rent.

Sublet Profits. Except as provided in Paragraph 24.5, if the Rent received by Tenant from any Sublet, after first deducting Tenant’s actual out-of-pocket expenditures for reasonable attorneys’ any legal fees, leasing brokerage commissions and tenant improvement costs incurred by Tenant in connection with such the Sublet, and any tenant improvements or allowance paid by Tenant, exceeds the Rent payable by Tenant under this Lease, Tenant shall pay fifty percent (50%) of such excess to Landlord monthly as Additional Rent.