Concession Costs definition
Concession Costs means leasing commissions and all other costs such as construction allowances, rent concessions, moving expenses, takeover obligations and other similar inducements, incurred in leasing, subleasing or assigning a lease at the Building or this Lease.
Concession Costs means leasing commissions, attorneys’ fees and expenses, alteration costs, costs to prepare the sublease premises, and costs such as construction allowances, rent concessions, moving expenses, takeover obligation and other similar inducements, incurred in subleasing the applicable portion of the Premises. Except in connection with Permitted Subleases, fifty percent (50%) of the Excess Sublease Rent shall be payable, as and when received by Tenant, to Landlord as Additional Rent.