Transfer Profit. (A) Subject to the terms of this Section 17.6 and Section 17.7 hereof, Tenant shall pay as additional rent to Landlord, on the first (1st) day of each calendar month during the Term in the same manner as Fixed Rent, an amount equal to the excess of (I) fifty percent (50%) of the Transfer Profit for each Transfer that is determined as of the last day of the immediately preceding calendar month, over (II) the aggregate amount of the payments that Tenant has theretofore paid to Landlord for such Transfer under this Section 17.6(A).
Appears in 2 contracts
Samples: Lease (FriendFinder Networks Inc.), Lease (Riverbed Technology, Inc.)
Transfer Profit. (A) Subject to the terms of this Section 17.6 17.8 and Section 17.7 17.9 hereof, Tenant shall pay as additional rent to Landlord, on the first (1st) day of each calendar month during the Term in the same manner as Fixed Rent, an amount equal to the excess of (I) fifty percent (50%) of the Transfer Profit for each Transfer that is determined as of the last day of the immediately preceding calendar month, over (II) the aggregate amount of the payments that Tenant has theretofore paid to Landlord for such Transfer under this Section 17.6(A17.8(A).
Appears in 2 contracts
Samples: Lease (fuboTV Inc. /FL), Lease (Clear Secure, Inc.)
Transfer Profit. (A) Subject to the terms of this Section 17.6 and Section 17.7 hereof, Tenant shall pay Seventy-Five (75%) percent of the Transfer Profit to Landlord as additional rent rent. Tenant shall make payments to LandlordLandlord on account of Transfer Profit, in arrears, on the first (1st) day of each calendar month during the Term in the same manner as Fixed Rent, an amount equal to the excess of (I) fifty percent (50%) of the Transfer Profit for each Transfer that is determined as of the last day of the immediately preceding calendar month, over (II) the aggregate amount of the payments that Tenant has theretofore paid to Landlord for such Transfer under this Section 17.6(A).
Appears in 1 contract
Samples: Lease (dELiAs, Inc.)