Common use of Assignment Consideration And Excess Rentals Defined Clause in Contracts

Assignment Consideration And Excess Rentals Defined. For purposes of this Article 7, including any amendment to this Article 7 by way of addendum or other writing: (i) the term “assignment consideration” shall mean all consideration to be paid by the assignee to Tenant or to any other party on Tenant’s behalf or for Tenant’s benefit as consideration for such assignment, less Tenant’s reasonable assignment expenses, including, but not limited to, marketing expenses, subtenant improvements, leasing commissions and legal fees; and (ii) the term “excess rentals” shall mean all consideration to be paid by the sublessee to Tenant or to any other party on Tenant’s behalf or for Tenant’s benefit for the sublease of all or any part of the Leased Premises in excess of the rent due to Landlord under the terms of this Lease for the portion subleased for the same period, without deduction for any costs or expenses, except that Tenant may first deduct third party, market rate leasing commissions and reasonable legal fees (which legal fees shall not exceed $1,500.00 in the aggregate for any one (1) sublease). Tenant agrees that the portion of any assignment consideration and/or excess rentals arising from any assignment or subletting by Tenant which is to be paid to Landlord pursuant to this Article 7 now is and shall then be the property of Landlord and not the property of Tenant.

Assignment Consideration And Excess Rentals Defined. For purposes of this Article 7Article, including any amendment to this Article 7 by way of addendum or other writing: (i) , the term “assignment consideration” shall mean all consideration to be paid by the assignee to Tenant or to any other party on Tenant’s behalf or for Tenant’s benefit as consideration for such assignment, less Tenant’s after deduction for market rate, third party leasing commissions, tenant improvements made for the purpose of inducing the assignee, and reasonable assignment expensesattorneys’ fees incurred by Tenant in connection with such assignment, including, but not limited to, marketing expenses, subtenant improvements, leasing commissions and legal fees; and (ii) the term tem. “excess rentals” shall mean all consideration to be paid by the sublessee to Tenant or to any other party on Tenant’s behalf or for Tenant’s benefit for the sublease of all or any part portion of the Leased Premises in excess of the rent due to Landlord under the terms of this Lease for the portion so subleased for the same period, without after deduction for any costs or expensesmarket rate, except that Tenant may first deduct third partyparty leasing commissions, market rate leasing commissions tenant improvements made for the purpose of inducing the sublessee, and reasonable legal attorneys’ fees (which legal fees shall not exceed $1,500.00 incurred by Tenant in the aggregate for any one (1) connection with such sublease). Tenant agrees that the portion of any assignment consideration and/or excess rentals arising from any assignment or subletting by Tenant which is to be paid to Landlord pursuant to this Article 7 now is and shall then be the property of Landlord and not the property of Tenant.

Assignment Consideration And Excess Rentals Defined. For purposes of this Article 7Article, including any amendment to this Article 7 by way of addendum or other writing: (i) , the term “assignment consideration” shall mean all consideration to be paid by the assignee to Tenant or to any other party on Tenant’s behalf or for Tenant’s benefit as consideration for such assignment, less Tenant’s after deduction for market rate, third party leasing commissions, tenant improvements made for the purpose of inducing the assignee, and reasonable assignment expensesattorneys’ fees incurred by Tenant in connection with such assignment, including, but not limited to, marketing expenses, subtenant improvements, leasing commissions and legal fees; and (ii) the term “excess rentals” shall mean all consideration to be paid by the sublessee to Tenant or to any other party on Tenant’s behalf or for Tenant’s benefit for the sublease of all or any part portion of the Leased Premises in excess of the rent due to Landlord under the terms of this Lease for the portion so subleased for the same period, without after deduction for any costs or expensesmarket rate, except that Tenant may first deduct third partyparty leasing commissions, market rate leasing commissions tenant improvements made for the purpose of inducing the sublessee, and reasonable legal attorneys’ fees (which legal fees shall not exceed $1,500.00 incurred by Tenant in the aggregate for any one (1) connection with such sublease). Tenant agrees that the portion of any assignment consideration and/or excess rentals arising from any assignment or subletting by Tenant which is to be paid to Landlord pursuant to this Article 7 now is and shall then be the property of Landlord and not the property of Tenant.

Assignment Consideration And Excess Rentals Defined. For purposes of this Article 7Article, including any amendment to this Article 7 by way of addendum or other writing: (i) the term “assignment consideration” shall mean all consideration to be paid by the assignee to Tenant or to any other party on Tenant’s behalf or for Tenant’s benefit as consideration for such assignment, less Tenant’s reasonable assignment expenseswithout deduction for any costs or expenses except that Tenant may first recover any third party, including, but not limited to, marketing expenses, subtenant improvements, market rate leasing commissions paid, and legal fees; tenant improvement costs incurred, in connection with the assignment, and (ii) the term “excess rentals” shall mean all consideration to be paid by the sublessee to Tenant or to any other party on Tenant’s behalf or for Tenant’s benefit for the sublease of all or any part of the Leased Premises in excess of the rent due to Landlord under the terms of this Lease for the portion subleased for the same period, without deduction for any costs or expenses, expenses except that Tenant may first deduct recover third party, market rate leasing commissions paid, and reasonable legal fees (which legal fees shall not exceed $1,500.00 tenant improvement costs incurred, in connection with the aggregate for any one (1) sublease). Tenant agrees that the portion of any assignment consideration and/or excess rentals arising from any assignment or subletting by Tenant which is to be paid to Landlord pursuant to this Article 7 now is and shall then be the property of Landlord and not the property of Tenant.