Sublease Rent definition

Sublease Rent means any rent or other consideration paid to Tenant directly or indirectly by any subtenant or any other amount received by Tenant from or in connection with any subletting (including, but not limited to, sums paid for the sale or rental, or consideration received on account of any contribution, of Tenant's Property or sums paid in connection with the supply of electricity or HVAC) less the Sublease Expenses.

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Sublease Rent shall have the meaning set forth in Section 12.7 hereof.

Sublease Rent as used herein shall include any consideration of any kind received by Tenant from or on behalf of any subtenant, if the sums are related in any manner to the Premises, including, without limitation Rent, operating expense payments, bonus money and payments for the purchase of or usage of Tenant’s furniture, fixtures, inventory, equipment, accounts, goodwill, general intangibles and other assets. Each sublease approved by Landlord shall stand alone as to the computation of the Bonus Amount.

Examples of Sublease Rent in a sentence

Except as otherwise specifically provided in this Sublease, Rent shall be payable in lawful money without demand, and without offset, counterclaim, or setoff in monthly installments, in advance, on the first day of each and every month during the Term of this Sublease.
All sums so paid or incurred by Sublandlord, together with interest thereon, from the date such sums were paid or incurred, at the annual rate equal to 10% per annum or the highest rate permitted by law, whichever is less, shall be payable to Sublandlord on demand as additional Sublease Rent.
Any fee required for Internet should be included in the Total Sublease Rent as stated above.
Any Sublease shall be to an Eligible Household, at a rent not exceeding the Maximum Sublease Rent, for a term not exceeding eighteen (18) months, on a Sublease form approved by the Monitor.
Article 25 of the Master Lease is incorporated herein by reference and shall apply to the Sublease Rent obligations hereunder.

More Definitions of Sublease Rent

Sublease Rent for any period, shall mean all rent, additional rent (but excluding all additional rent attributable to overtime or premium services furnished to Subtenant upon request) and other consideration to be paid by the Subtenant to Sublandlord under the Sublease for such period.

Sublease Rent shall have the meaning provided in Article 38.

Sublease Rent. The entire net amount of rentals (including base rent and percentage rent, but not including pre-paid rent (until earned) security or other deposits and expense pass-through amounts), if any, received by Lessee under any sublease (or similar agreement), and with any unaffiliated third party (i) to which the Leased Property is subject on the date of this Lease, or (ii) of a Restaurant or other retail space in the Hotel which may be entered into from time to time. Subsidiaries: Persons in which another Person owns, directly or indirectly, more than 50% of the voting stock and control, as applicable (individually, a "Subsidiary").

Sublease Rent means the excess of (a) any rent or other consideration paid by the subtenant, grantee or occupant under any Sublease (including, but not limited to, (x) sums paid for the sale or rental, or consideration received on account of any contribution, of Tenant's Property, (y) sums paid in connection with the supply of electricity or HVAC, or (z) sums paid in connection with a Recapture Sublease), over (b) the Sublease Expenses.

Sublease Rent. The Total Rent for the entire Sublet is $ . Payments may be made to the Landlord or to the Original Tenant.

Sublease Rent means, collectively, any and all Sublease Fixed Rent and Sublease Additional Rent. Neither Subtenant, nor any persons or entities claiming under Subtenant, shall claim any abatement, diminution or reduction of Sublease Rent under any circumstances, for any cause or reason. Notwithstanding the foregoing, if Sublandlord is entitled to any abatement of rent under the Prime Lease (whether by casualty, condemnation, service interruption or otherwise), Subtenant shall likewise be entitled to a like abatement of rent under this Sublease.

Sublease Rent as defined in Section 3(a) of the Lease. -------------