SUBLEASE CONSIDERATION definition

SUBLEASE CONSIDERATION with respect to any sublease for any calendar year, shall mean the sum of (i) any and all rents, additional charges or other consideration actually paid to Tenant by the subtenant pursuant to such sublease or in respect thereof (including without limitation any amounts paid for the sale or other transfer of any Tenant's Improvements) during such calendar year, and (ii) any Excess Tenant Property Payments in connection with such sublease for such calendar year.
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SUBLEASE CONSIDERATION with respect to any sublease with respect to any calendar year, shall mean the excess of (i) any and all rents, additional charges or other consideration payable under the sublease to Tenant by the subtenant (including sums paid for the sale or rental of Tenant's Property located in the sublease premises, after deducting, in the case of the sale thereof, the then net unamortized or undepreciated cost thereof, determined on the basis of Tenant's federal income tax returns), over (ii) the Rent accruing during such year in respect of the subleased space (at the rate per square foot payable by Tenant hereunder) pursuant to the terms hereof.
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SUBLEASE CONSIDERATION means the amount by which the aggregate of the amounts payable on account of fixed and additional rent under a sublease of any part of the Premises and the amount of any Other Sublease Consideration payable to Tenant by such subtenant, whether received in a lump-sum payment or otherwise shall be in excess of Tenant's Basic Cost therefor at the time in question. Tenant shall deliver to Landlord within fifteen (15) Business Days of Landlord's written request made within (x) sixty (60) Business Days after the end of each calendar year or (y) within sixty (60) Business Days after the expiration or earlier termination of this Lease, a statement specifying each sublease in effect during such calendar year or partial calendar year, the rentable area demised thereby, the term thereof and a computation in reasonable detail showing the calculation of the amounts paid and payable by the subtenant to Tenant, and by Tenant to Landlord, with respect to such sublease for the period covered by such statement. "TENANT'S BASIC COST" for sublet space at any time means the sum of the portion of the Base Rent, Impositions, additional rent and operating expenses incurred and paid by Tenant with respect to the Premises that are properly attributable to the sublet space. "TENANT'S SUBLEASE EXPENSES" shall mean the costs and expenses of Tenant actually incurred in connection with the specific sublease in question (which would not otherwise be payable but for such sublease): including, without limitation (i) out-of-pocket brokerage commissions; (ii) out-of-pocket attorneys' fees and disbursements and advertising fees; (iii) out-of-pocket cost of improvements or alterations made by Tenant for the purpose of preparing such part of the Premises specifically for such subtenant; (iv) the unamortized and unreimbursed cost of any Tenant Changes or Tenant's Property sold or leased to and used by such subtenant; (v) the amount of rent
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More Definitions of SUBLEASE CONSIDERATION

SUBLEASE CONSIDERATION with respect to any sublease with respect to any calendar year, shall mean the excess of (i) any and all rents, additional charges or other consideration paid under the sublease to Tenant by the subtenant (including sums paid for the sale or rental of Tenant’s Property located in the subleased premises, after deducting, in the case of the sale thereof, the then net unamortized or undepreciated cost thereof, determined on the basis of Tenant’s federal income tax returns or other documentation reasonably satisfactory to Landlord in lieu thereof, or the then bona fide fair market value of such Tenant’s Property), over (ii) the Rent accruing during such year in respect of the subleased space (at the rate per square foot payable by Tenant hereunder) pursuant to the terms hereof.
Sample 1
SUBLEASE CONSIDERATION with respect to any sublease with respect to any calendar year, shall mean the excess of (i) any and all rents, additional charges or other consideration payable under the sublease to Tenant by the subtenant (including sums paid for the sale or rental of Tenant's Property located in the sublease premises, after deducting, in the case of the sale thereof, the then net unamortized or undepreciated cost thereof, determined on the basis of Tenant's federal income tax returns), over (ii) the Rent accruing during such year pursuant to the terms hereof.
Sample 1
SUBLEASE CONSIDERATION with respect to any sublease with respect to any calendar year, shall mean the excess of (i) any and all rents, additional charges or other consideration paid under the sublease to Tenant by the subtenant, over (ii) the Rent accruing during such year in respect of the subleased space (at the rate per square foot payable by Tenant hereunder) pursuant to the terms hereof.
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SUBLEASE CONSIDERATION means the sublease consideration stated in the agreement.
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Related to SUBLEASE CONSIDERATION

  • Base Consideration has the meaning set forth in Section 1.2.

  • Sale Consideration means the value of the H-1 Bid and accepted and approved by BSNL for the Said Land Parcel in its Acceptance Letter.

  • Purchase Consideration means the aggregate net cash proceeds received by the Company or Specialty Foods Corporation ("SFC") (after deducting all fees and expenses incurred by the Company, SFC and/or their respective affiliates in connection with the Sale). By way of example, if the Purchase Consideration equaled $100,000,000, your Sale Bonus would be $100,000.00. The Sale Bonus shall be paid to you within three (3) months of the completion of the Sale.

  • Contract Consideration has the meaning set forth in the definition of “Excess Cash Flow.”

  • Net Consideration means “net consideration” as defined in Regulation Section 1.848-2(f));

  • Transaction Consideration has the meaning set forth in Section 11.7 hereof.

  • Option Consideration has the meaning set forth in Section 3.3(a).

  • Earnout Consideration has the meaning specified in Section 2.05(a).

  • Acquisition Consideration means the purchase consideration for any Permitted Acquisition and all other payments by Holdings or any of its Subsidiaries in exchange for, or as part of, or in connection with, any Permitted Acquisition, whether paid in cash or by exchange of Equity Interests or of properties or otherwise and whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and includes any and all payments representing the purchase price and any assumptions of Indebtedness, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any person or business; provided that any such future payment that is subject to a contingency shall be considered Acquisition Consideration only to the extent of the reserve, if any, required under GAAP at the time of such sale to be established in respect thereof by Holdings or any of its Subsidiaries.

  • Minimum Consideration means the $.01 par value per share or such larger amount determined pursuant to resolution of the Board to be capital within the meaning of Section 154 of the Delaware General Corporation Law.

  • Initial Consideration has meaning ascribed by Clause 4.1;

  • Scheme Consideration means, in respect of:

  • Total Consideration means the total amount (but without duplication) of (a) cash paid in connection with any Acquisition, plus (b) Indebtedness for borrowed money payable to the seller in connection with such Acquisition, plus (c) the fair market value of any equity securities, including any warrants or options therefor, delivered to the seller in connection with any Acquisition, plus (d) the amount of Indebtedness assumed in connection with any Acquisition.

  • Share Consideration has the meaning given to it in Section 2.2;

  • Merger Consideration has the meaning set forth in Section 2.1(a).

  • Earn-Out Consideration has the meaning set forth in Section 2.08(a)(i).

  • Final Consideration means the entire consideration proposed by a Successful Bidder(s) in the course of the E-Auction, and required to be paid by the Successful Bidder(s) on Consideration Payment Date to acquire the Corporate Debtor as a whole on a going concern.

  • Cash Consideration has the meaning set forth in Section 2.2.

  • Closing Consideration shall have the meaning set forth in Section 2.1(b).

  • Warrant Consideration has the meaning specified in Section 4(i)(i) hereof.

  • Per Share Consideration means (i) if the consideration paid to holders of the Common Stock consists exclusively of cash, the amount of such cash per share of Common Stock, and (ii) in all other cases, the volume weighted average price of the Common Stock as reported during the ten (10) trading day period ending on the trading day prior to the effective date of the applicable event. If any reclassification or reorganization also results in a change in shares of Common Stock covered by subsection 4.1.1, then such adjustment shall be made pursuant to subsection 4.1.1 or Sections 4.2, 4.3 and this Section 4.4. The provisions of this Section 4.4 shall similarly apply to successive reclassifications, reorganizations, mergers or consolidations, sales or other transfers. In no event will the Warrant Price be reduced to less than the par value per share issuable upon exercise of the Warrant.

  • Estimated Merger Consideration shall have the meaning set forth in Section 2.10(a).

  • Other Consideration means cash and/or any securities (other than New Shares) or assets (whether of the entity or person (other than the Share Issuer) involved in the Merger Event or a third party).

  • Cash Merger Consideration has the meaning set forth in Section 2.9(a).

  • Additional Consideration has the meaning set forth in Section 3.2.

  • Base Merger Consideration means $1,200,000,000.