Common use of Processing Expenses Clause in Contracts

Processing Expenses. Tenant shall pay to Landlord, as Landlord’s cost of processing each proposed assignment or subletting (whether or not the same is ultimately approved by Landlord or consummated by Tenant), an amount equal to the sum of (i) Landlord’s reasonable attorneys’ and other professional fees, plus (ii) the sum of $2,500.00 for the cost of Landlord’s administrative, accounting and clerical time (collectively, “Processing Costs”). Notwithstanding anything to the contrary herein, Landlord shall not be required to process any request for Landlord’s consent to an assignment or subletting until ▇▇▇▇▇▇ has paid to Landlord the amount of Landlord’s estimate of the Processing Costs. When the actual amount of the Processing Costs is determined, it shall be reconciled with ▇▇▇▇▇▇▇▇’s estimate, and any payments or refunds required as a result thereof shall promptly thereafter be made by the parties.

Appears in 3 contracts

Sources: Office/Laboratory Lease (Avista Public Acquisition Corp. II), Office/Laboratory Lease (Ligand Pharmaceuticals Inc), Office/Laboratory Lease (Aduro Biotech, Inc.)

Processing Expenses. Tenant shall pay to Landlord, as Landlord’s cost of processing each proposed assignment or subletting (whether or not the same is ultimately approved by Landlord or consummated by Tenant), an amount equal to the sum of (i) Landlord’s reasonable attorneys’ and other professional fees, plus (ii) the sum of $2,500.00 for the cost of Landlord’s administrative, accounting and clerical time (collectively, “Processing Costs”). Notwithstanding anything to the contrary herein, Landlord shall not be required to process any request for Landlord’s consent to an assignment or subletting until ▇▇▇▇▇▇ Tenant has paid to Landlord the amount of Landlord’s estimate of the Processing Costs. When the actual amount of the Processing Costs is determined, it shall be reconciled with ▇▇▇▇▇▇▇▇Landlord’s estimate, and any payments or refunds required as a result thereof shall promptly thereafter be made by the parties.

Appears in 2 contracts

Sources: Office/Laboratory Lease (Berkeley Lights, Inc.), Lease Agreement (Zogenix, Inc.)

Processing Expenses. Tenant shall pay to Landlord, as Landlord’s 's cost of ------------------- processing each proposed assignment or subletting (whether or not the same is ultimately approved by Landlord or consummated by Tenant), an amount equal to the sum of (i) Landlord’s 's reasonable attorneys' and other professional fees, plus (ii) the sum of $2,500.00 1000.00 for the cost of Landlord’s 's administrative, accounting and clerical time (collectively, "Processing Costs"). Notwithstanding anything to the contrary herein, Landlord shall not be required to process any request for Landlord’s ▇▇▇▇▇▇▇▇'s consent to an assignment or subletting until ▇▇▇▇▇▇ has paid to Landlord the amount of Landlord’s 's estimate of the Processing Costs. When the actual amount of the Processing Costs is determined, it shall be reconciled with ▇▇▇▇▇▇▇▇’s 's estimate, and any payments or refunds required as a result thereof shall promptly thereafter be made by the parties.

Appears in 2 contracts

Sources: Net Lease (Avantgo Inc), Net Lease (Avantgo Inc)

Processing Expenses. Tenant shall pay to Landlord, as Landlord’s cost of processing each proposed assignment or subletting (whether or not the same is ultimately approved by Landlord or consummated by Tenant), an amount equal to the sum of (i) Landlord’s reasonable attorneys’ and other professional fees, plus (ii) the sum of $2,500.00 1,500.00 for the cost of Landlord’s administrative, accounting and clerical time (collectively, “Processing Costs”). Notwithstanding anything to the contrary herein, Landlord shall not be required to process any request for Landlord’s consent to an assignment or subletting until ▇▇▇▇▇▇ Tenant has paid to Landlord the amount of Landlord’s estimate of the Processing Costs. When the actual amount of the Processing Costs is determined, it shall be reconciled with ▇▇▇▇▇▇▇▇Landlord’s estimate, and any payments or refunds required as a result thereof shall promptly thereafter be made by the parties.

Appears in 2 contracts

Sources: Lease Agreement, Lease (Gritstone Oncology, Inc.)

Processing Expenses. Tenant shall pay to Landlord, as Landlord’s cost of processing each proposed assignment or subletting (whether or not the same is ultimately approved by Landlord or consummated by Tenant), an amount equal to the sum of (i) Landlord’s reasonable attorneys’ and other professional fees, plus (ii) the sum of $2,500.00 for the cost of Landlord’s administrative, accounting and clerical time (collectively, “Processing Costs”). Notwithstanding Costs”).Notwithstanding anything to the contrary herein, Landlord shall not be required to process any request for Landlord▇▇▇▇▇▇▇▇’s consent to an assignment or subletting until ▇▇▇▇▇▇ has paid to Landlord the amount of Landlord’s estimate of the Processing Costs. When the actual amount of the Processing Costs is determined, it shall be reconciled with ▇▇▇▇▇▇▇▇’s estimate, and any payments or refunds required as a result thereof shall promptly thereafter be made by the parties.

Appears in 2 contracts

Sources: Sub Sublease (Carmot Therapeutics Inc.), Sub Sublease (Carmot Therapeutics Inc.)

Processing Expenses. Tenant shall pay to Landlord, as Landlord’s cost of processing each proposed assignment or subletting (whether or not the same is ultimately approved by Landlord or consummated by Tenant), an amount equal to the sum of (i) Landlord’s reasonable attorneys’ and other professional fees, plus (ii) the sum of $2,500.00 1,000.00 for the cost of Landlord’s administrative, accounting and clerical time (collectively, “Processing Costs”). Notwithstanding anything to the contrary herein, Landlord shall not be required to process any request for Landlord’s consent to an assignment or subletting until ▇▇▇▇▇▇ has paid to Landlord the amount of Landlord’s estimate of the Processing Costs. When the actual amount of the Processing Costs is determined, it shall be reconciled with ▇▇▇▇▇▇▇▇’s estimate, and any payments or refunds required as a result thereof shall promptly thereafter be made by the parties.

Appears in 2 contracts

Sources: Office/Laboratory Lease (Kyverna Therapeutics, Inc.), Office/Laboratory Lease (Kyverna Therapeutics, Inc.)

Processing Expenses. Tenant shall pay to Landlord, as Landlord’s 's cost of processing each proposed assignment or subletting (whether or not the same is ultimately approved by Landlord or consummated by Tenant), an amount equal to the sum of (i) Landlord’s 's reasonable attorneys' and other professional fees, plus (ii) the sum of $2,500.00 [...***...] for the cost of Landlord’s 's administrative, accounting and clerical time (collectively, "Processing Costs"). Notwithstanding anything to the contrary herein, Landlord shall not be required to process any request for Landlord’s 's consent to an assignment or subletting until ▇▇▇▇▇▇ Tenant has paid to Landlord the amount of Landlord’s 's estimate of the Processing Costs. When the actual amount of the Processing Costs is determined, it shall be reconciled with ▇▇▇▇▇▇▇▇’s Landlord's estimate, and any payments or refunds required as a result thereof shall promptly thereafter be made by the parties.

Appears in 1 contract

Sources: Lease Agreement (Lynx Therapeutics Inc)

Processing Expenses. Tenant shall pay to Landlord, as Landlord’s cost of processing each proposed assignment or subletting (whether or not the same is ultimately approved by Landlord or consummated by Tenant), an amount equal to the sum of (i) Landlord’s reasonable attorneys’ and other professional fees, plus (ii) the sum of $2,500.00 1000.00 for the cost of Landlord’s administrative, accounting and an clerical time (collectively, “Processing Costs”). Notwithstanding anything to the contrary herein, Landlord shall not be required to process any request for Landlord’s consent to an assignment or subletting until ▇▇▇▇▇▇ has paid to Landlord the amount of Landlord’s estimate of the Processing Costs. When the actual amount of the Processing Costs is determined, it shall be reconciled with ▇▇▇▇▇▇▇▇’s estimate, and any an payments or refunds required as a result thereof shall promptly thereafter be made by the parties.

Appears in 1 contract

Sources: Net Lease (Renovis Inc)

Processing Expenses. Tenant shall pay to Landlord, as Landlord’s cost of processing each proposed assignment or subletting (whether or not the same is ultimately approved by Landlord or consummated by Tenant), an amount equal to the sum of (i) Landlord’s reasonable attorneys’ and other professional fees, plus (ii) the sum of $2,500.00 for the cost of Landlord’s administrative, accounting and clerical time (collectively, “Processing Costs”). Notwithstanding anything to the contrary herein, Landlord shall not be required to process any request for Landlord’s consent to an assignment or subletting until T▇▇▇▇▇ has paid to Landlord the amount of Landlord’s estimate of the Processing Costs. When the actual amount of the Processing Costs is determined, it shall be reconciled with L▇▇▇▇▇▇▇’s estimate, and any payments or refunds required as a result thereof shall promptly thereafter be made by the parties.

Appears in 1 contract

Sources: Office/Laboratory Lease (OmniAb, Inc.)

Processing Expenses. Tenant shall pay to Landlord, as Landlord’s cost of processing each proposed assignment or subletting (whether or not the same is ultimately approved by Landlord or consummated by Tenant), an amount equal to the sum of (i) Landlord’s reasonable attorneys’ and other professional fees, plus (ii) the sum of $2,500.00 1000.00 for the cost of Landlord’s administrative, accounting and clerical time (collectively, “Processing Costs”). Notwithstanding anything to the contrary herein, Landlord shall not be required to process any request for Landlord’s consent to an assignment or subletting until ▇▇▇▇▇▇ Tenant has paid to Landlord the amount mount of Landlord’s estimate of the Processing Costs. When the actual amount of the Processing Costs is determined, it shall be reconciled with ▇▇▇▇▇▇▇▇Landlord’s estimate, and any payments or refunds required as a result thereof shall promptly thereafter be made by the parties.

Appears in 1 contract

Sources: Sublease Agreement (Thermage Inc)