Transfer Profits. Subject to the provisions of this Article 15, if Landlord consents to any Transfer, Tenant shall pay to Landlord fifty percent (50%) of any Transfer Profits (defined below). "Transfer Profits" shall mean all rent, Additional Rent or other consideration paid by or on behalf of such Transferee in connection with the Transfer in excess of Monthly Base Rent and Additional Rent payable by Tenant under this Lease during the Term of the Transfer. Tenant shall provide Landlord with a detailed statement setting forth the calculation of any Transfer Profits Tenant either has or will derive from such Transfer. In addition, Landlord or its representative shall have the right at all reasonable times to audit those particular books and records of Tenant with respect to the calculation of the Transfer Profits. If such inspection reveals that the amount of Transfer Profits paid to Landlord was incorrect by more than five percent (5%), then within thirty (30) days of Tenant's receipt of the results of such audit, Tenant shall pay Landlord the deficiency and the reasonable cost of Landlord's audit.
Transfer Profits. Subject to the provisions of this Article 14, if Landlord consents to any Transfer, Tenant shall pay to Landlord fifty percent (50%) of any Transfer profits (defined below). “Transfer Profits” shall mean all rent, additional rent or other material consideration received by Tenant in connection with the Transfer in excess of the Rent and Additional Rent payable by Tenant under this Lease during the term of the Transfer on a per rentable square foot basis if less than all of the Premises is transferred (unless all or a portion of the subject space is subject to different Rent and Additional Rent terms, in which case, to the extent applicable, such different terms shall be applicable), after first deducting the expenses incurred or to be incurred by Tenant for the following (collectively,
Transfer Profits. In the event a sublease of Lessee's ---------------- space results in net rental greater than the Base Rental plus Additional Rental less the unamortized cost of the Lessee Improvements or the costs of any Sublease improvements (costs such as Tenant Improvements or Lease Commissions), such net profits shall be shared fifty percent (50%) by Lessor and fifty percent (50%) by Lessee.
Transfer Profits. In the event of a Transfer pursuant to this Paragraph 9, Tenant shall pay to Landlord, immediately upon receipt thereof, the excess ("Transfer Profits") of all compensation and other consideration paid to or for the benefit of Tenant (or any affiliate thereof) for the Transfer in excess of Base Rent and Additional Rent payable by Tenant hereunder during the remainder of the Term (after straight-line amortization of any reasonable brokerage commissions paid by Xxxxxx in connection with the Transfer over the term of the Transfer).
Transfer Profits. In the event of any transfer (as defined in Section 11.1 hereof) by Tenant hereunder, one hundred percent (100%) of all profits made by Tenant in connection therewith shall be paid to Landlord, as and when received by Tenant. For purposes of determining “profits” made by Tenant, Tenant shall be entitled to deduct from its transactional proceeds the reasonable, direct, out-of-pocket costs and expenses paid to unaffiliated third parties in connection with any such transfer, including but not limited to legal fees, sales or other taxes, brokerage commissions, and the cost of tenant improvements or tenant improvement allowances, but only if and to the extent such costs and expenses are actually and reasonably incurred by Tenant. Revenue derived under Temporary Licenses shall not be considered profits subject to this Section 11.6.
Transfer Profits. Subject to the provisions of this Article 13, if Landlord consents to any assignment or sublease, Tenant shall pay to Landlord fifty percent (50%) of any Transfer Profits (defined herein). “Transfer Profits” shall mean all Rent, Additional Rent or other consideration paid by or on behalf of such Transferee in connection with the Transfer (after deducting Tenant’s costs incurred in effecting the Transfer) in excess of Base Rent and Additional Rent payable by Tenant under this Lease during the Term of the Transfer. Tenant shall provide Landlord with a detailed statement setting forth the calculation of any Transfer Profits Tenant either has or will derive from such Transfer. In addition, Landlord or its representative shall have the right at all reasonable times to audit the books and records of Tenant with respect to the calculation of the Transfer Profits. If such inspection reveals that the amount of Transfer Profits paid to Landlord was incorrect, then within ten (10) days of Tenant’s receipt of the results of such audit, Tenant shall pay Landlord the deficiency and the cost of Landlord’s audit.
Transfer Profits. Except the Lessee’s provision of colocation services as permitted under Section 14.1 above, subject to the provisions of this Section 14, if Lessor consents to (i) any Transfer of Lessee’s entire interest in this Lease by assignment or (ii) any Transfer by which Lessee’s subleases the entire Premises (or substantially all of the Premises) to a single transferee, Lessee shall pay to Lessor [***] percent ([***]%) of any Transfer Profits (defined below). “Transfer Profits” shall mean all rent, additional rent or other consideration paid to Lessee by or on behalf of such transferee in connection with the Transfer in excess of the monthly Base Rent and Additional Rent payable by Lessee under this Lease during the term of the Transfer (on a per square foot of Rentable Area basis if less than all of the Premises is transferred (unless all or a portion of the Subject Space is subject to different Rent and Additional Rent terms, in which case, to the extent applicable, such different terms shall be applicable)) after first deducting all Transfer Costs (as defined below). Lessee shall provide Lessor with a detailed statement setting forth the calculation of any Transfer Profits Lessee either has or will derive from such Transfer. In addition, Lessor or its representative shall have the right at all reasonable times to audit the books and records of Lessee with respect to the calculation of the Transfer profits. If such inspection reveals that the amount of Transfer Profits paid to Lessor was incorrect, then within ten (10) days of Lessee’s receipt of the results of such audit, Lessee shall pay Lessor the deficiency and the cost of Lessor’s audit. For purposes hereof, “Transfer Costs” shall mean and shall include expenses incurred by Lessee for the following: (i) any changes, alterations and improvements to the Premises in connection with the Transfer, (ii) any brokerage commissions incurred by Lessee in connection with the Transfer, (iii) good faith attorneys’ fees incurred by Lessee in connection with the Transfer, and (iv) out-of-pocket costs of advertising the space which is the subject of the Transfer. For purposes of calculating the Transfer Profits on a monthly basis, the Transfer Costs shall be allocated to tile earliest portion of the term of such Transfer until such Transfer Costs are exhausted. The determination of the amount of Lessor’s applicable share of the Transfer Profits shall be made on a monthly basis as rent or other condition is received by Less...
Transfer Profits. In connection with any Transfer of the Premises for which Landlord's consent is obtained, Tenant shall pay to Landlord fifty percent (50%) of any Transfer Profit (as defined below) derived therefrom. All sums payable hereunder by Tenant shall be calculated on an annualized basis, but shall be paid to Landlord, as additional rent hereunder, within ten (10) business days after actual receipt thereof by Tenant. For purposes of this Section 14.D:
Transfer Profits. If Landlord consents to any Transfer, upon Landlord’s demand, Tenant will pay to Landlord fifty percent (50%) of all Rent, Additional Rent or other consideration paid by or on behalf of such Transferee in connection with the Transfer in excess of Monthly Base Rent and Additional Rent payable by Tenant under this Lease during the period of the Transfer (“Transfer Profits”). Tenant will provide Landlord with a detailed statement setting forth the calculation of any Transfer Profits that Tenant either has or will derive from such Transfer. In addition, Landlord or its representative will have the right at all reasonable times to audit the books and records of Tenant with respect to the calculation of the Transfer Profits. If the inspection reveals that the amount was incorrect, then within ten (10) days of Tenant’s receipt of the results of the audit, Tenant will pay Landlord the deficiency and the cost of Landlord’s audit.
Transfer Profits. Subject to the provisions of this Article 12, if Landlord consents to any Transfer, Tenant shall pay to Landlord fifty percent (50%) of any Transfer Profits. “Transfer Profits” means all rent, additional rent or other consideration paid to Tenant by or on behalf of such Transferee in connection with the Transfer in excess of the monthly Base Rent and Additional Rent payable by Tenant under this Lease during the term of the Transfer (on a per square foot of Rentable Square Footage in the Premises basis if less than all of the Premises is transferred (unless all or a portion of the Subject Space is subject to different Rent and Additional Rent terms, in which case, to the extent applicable, such different terms shall be applicable)), after deducting the reasonable expenses incurred by Tenant for (i) any changes, alterations and improvements to the Premises in
