Sublease Fee definition

Sublease Fee means the fee amount set forth in Part VII of Schedule B hereof.
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Sublease Fee means the fee payable by the Sublessee to KMIC for the sublease of the Subject Lot hereunder, and this “Sublease Fee” will, where the context so requires, also mean any sublease fee to be determined by KMIC in Clause 3.3.
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Sublease Fee means the rental, license, or similar payments actually received by Lessee from each Subtenant (excluding any reimbursement of taxes, construction costs, installation costs, revenue share reimbursement, or other expenses incurred by Lessee), excluding the Anchor Subtenant. For the avoidance of doubt, in no event shall the term “Sublease Fee” include any rental, license, or similar payments received by Lessee from the Anchor Subtenant.
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Examples of Sublease Fee in a sentence

  • A Sublease Fee equal to one-twelfth (1/12) of the annual Base Rent will be due from the Tenant that wishes to sublease.

  • The claim amount shall be reimbursed by Sublessee at the same time as the next scheduled monthly Sublease Fee payment following the date of such claim.

  • Sublease Fee: A processing fee of $10 is due from the Original Tenant for any Sublease request submitted for approval.

  • The Sublessee hereby acknowledges and agrees that there shall be no discount on the Sublease Fee if any installment of the Sublease Fee is paid by the Sublessee to KMIC prior to the date on which such installment is due and payable.

  • Notwithstanding anything in this Section to the contrary, Licensor shall not be entitled to a Future Sublease Fee for any sublease or license to any sublicensee of Licensee or any successors and/or assignees of such sublicensee who commenced use of the Premises or executed a sublease or license at least six (6) months prior to the full execution of this License.

  • The Initial Sublease Fee shall be subject to the adjustment to reflect the Survey Size.

  • The Administrative Trustees or the Securities Registrar shall treat the Person in whose name any Trust Securities Certificate shall be registered in the Securities Register as the owner of such Trust Securities Certificate for the purpose of receiving Distributions and for all other purposes whatsoever, and neither the Trustees nor the Securities Registrar shall be bound by any notice to the contrary.

  • The Sublease Fee for a Subtenant shall terminate upon the termination or cancellation of the Sublease.

  • For purposes hereof, the Sublease Fee shall be equal to the product of $216,651.00 (which amount represents the sum of the Expansion Allowance, the value of free rent, the Broker’s commissions, and attorneys’ fees and expenses) and a fraction, the numerator of which is the number of months remaining in the Term as set forth in Sectioon 1.1 of the Lease and the denominator of which is 24.

  • In the event that any amounts payable by the Sublessee (including the Sublease Fee) is not paid within seven (7) Business Days from the date on which such amount is due and payable, any unpaid amount shall bear (i) a default interest of [two (2)]% per month or (ii) the maximum interest rate permitted under Applicable Laws, whichever is greater (the “Default Interest”), which shall accrue from the date on which such amounts are due and payable until paid in full.


More Definitions of Sublease Fee

Sublease Fee shall have the meaning set forth in Section 32(j)(i)(B).
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Related to Sublease Fee

  • Gross Rent means the rent for a set-aside unit, including any applicable utility allowances, in compliance with the rent limits applicable to the property for 2020. Gross rent does include optional fees included in the household’s lease, including but not limited to, washer/dryer, cable, parking, etc., as long as they are included in the lease or addendums to the lease. In addition, when a utility that is purchased from or through a local utility company by the Development, who in turn bills residents for actual consumption of the utility will also be eligible when the applicable utility allowance for the Development includes a deduction for the utility and the household’s lease specifies that the resident is responsible for the utility.

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Renewal Rent for the Aircraft means the rent payable therefor in respect of a Renewal Lease Term determined pursuant to Section 17.2.2 of the Lease.

  • Basic Rent means the rent payable for the Aircraft pursuant to Section 3.2.1(a) of the Lease.

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.