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

Assignment Consideration And Excess Rentals Defined. The term "assignment consideration" shall mean all consideration to be paid by the assignee to Tenant or to any other on Tenant's behalf or for Tenant's benefit as consideration for such assignment (not to exceed the prevailing rates), and the term "excess rentals" shall mean all consideration to be paid by the sublessee to Tenant or to any other on Tenant's behalf or for Tenant's benefit for the sublease of the Premises in excess of the rent due Landlord under the terms of this Lease for the same period, less any commissions paid by Tenant to a licensed real estate broker for arranging such sublease (not to exceed the prevailing rates). ▇▇▇▇▇▇ agrees that the portion of any assignment consideration and/or excess rentals arising from any assignment or subletting by Tenant that is to be paid to Landlord pursuant to this Article is and shall be the property of Landlord and not the property of Tenant.

Assignment Consideration And Excess Rentals Defined. The term "assignment consideration" shall mean all consideration to be paid by the assignee to Tenant or to any other on Tenant's behalf or for Tenant's benefit as consideration for such assignment (not to exceed the prevailing rates), and the term "excess rentals" shall mean all consideration to be paid by the sublessee to Tenant or to any other on Tenant's behalf or for Tenant's benefit for the sublease of the Premises in excess of the rent due Landlord under the terms of this Lease for the same period, less any commissions paid by Tenant ▇▇▇▇▇▇ to a licensed real estate broker for arranging such sublease (not to exceed the prevailing rates). ▇▇▇▇▇▇ agrees that the portion of any assignment consideration and/or excess rentals arising from any assignment or subletting by Tenant that is to be paid to Landlord pursuant to this Article is and shall be the property of Landlord and not the property of Tenant.

Assignment Consideration And Excess Rentals Defined. The term "assignment consideration" shall mean all consideration to be paid by the assignee to Tenant or to any other on Tenant's behalf or for Tenant's benefit as consideration for such assignment (not to exceed the prevailing rates), and the term "excess rentals" shall mean all consideration to be paid by the sublessee to Tenant or to any other on Tenant's behalf or for Tenant's benefit for the sublease of the Premises in excess of the rent due Landlord under the terms of this Lease for the same period, less any commissions paid by Tenant to a licensed real estate broker for arranging such sublease (not to exceed the prevailing rates). ▇▇▇▇▇▇ Tenant agrees that the portion of any assignment consideration and/or excess rentals arising from any assignment or subletting by Tenant that is to be paid to Landlord pursuant to this Article is and shall be the property of Landlord and not the property of Tenant.