Common use of Transfers of Major Sublessee’s Interest Clause in Contracts

Transfers of Major Sublessee’s Interest. With respect to any Change of Ownership described in Subsection 4.6.1(b), Subsections 4.8.1 and 4.8.2 shall apply (as applicable), except that any rents or other amounts received by Lessee from the Major Sublessee a percentage of which is passed through to County under any provision of this Lease (other than payment of Net Proceeds Share) shall be disregarded in the computation of Net Transfer Proceeds.

Appears in 1 contract

Samples: Lease Agreement

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Transfers of Major Sublessee’s Interest. With respect to any Change of Ownership described in Subsection subsection 4.6.1(b), Subsections subsections 4.8.1 and 4.8.2 shall apply (as applicable)apply, except that any rents or other amounts received by Lessee from the Major Sublessee and with respect to which a percentage of which is passed through to County under any provision of this Lease (other than payment of Net Proceeds Share) shall be disregarded in the computation of Net Transfer Proceeds.

Appears in 1 contract

Samples: Lease Agreement

Transfers of Major Sublessee’s Interest. With respect to any Change of Ownership described in Subsection 4.6.1(b), Subsections 4.8.1 and 4.8.2 shall apply (as applicable), except that any rents or other amounts that are received by Lessee from the Major Sublessee and with respect to which a percentage of which is passed through to County under any provision of this Lease (other than payment of Net Proceeds Share) ), shall be disregarded in the computation of Net Transfer Proceeds.

Appears in 1 contract

Samples: Lease Agreement

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Transfers of Major Sublessee’s Interest. With respect to any Change of Ownership described in Subsection subsection 4.6.1(b), Subsections subsections 4.8.1 and 4.8.2 shall apply (as applicable)apply, except that any rents or other amounts received by Lessee Concessionaire from the Major Sublessee a percentage of which is and passed through to County under any provision of this Lease Agreement (other than payment of Net Proceeds Share) shall be disregarded in the computation of Net Transfer Proceeds.other

Appears in 1 contract

Samples: Concession Agreement (California Beach Restaurants Inc)

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