Common use of Restructuring Fee Clause in Contracts

Restructuring Fee. In consideration for (i) Landlord's execution of this Agreement, (ii) Landlord's consent to the assignment of the Lease effectuated hereby, (iii) Landlord's release of Assignor as provided for hereinabove as of the Effective Date, and (iv) the restructuring of the rent schedule applicable upon, and following, such Effective Date, Assignor shall deliver to Landlord, concurrently with Assignor's execution and delivery of this Agreement to Landlord, an amount equal to the sum of [***] (the "Restructuring Fee").

Appears in 3 contracts

Sources: Lease Agreement (Bridgepoint Education Inc), Lease Agreement (Bridgepoint Education Inc), Lease Agreement (Bridgepoint Education Inc)