Common use of Assignment or Change In Control Fee Clause in Contracts

Assignment or Change In Control Fee. If the DPL consents to an assignment of this Lease or to a change in control of Lessee, as described in Section B of this Article, it shall assess a fee of twenty-five percent (25%) of the gain or profit attributable to the leased land. For purposes of this section the terms "gain" and “profit” are defined as the proceeds from any change in control or assignment less the book value of improvements and fixtures installed by Lessee. Lessee shall pay the fee to DPL at closing of the assignment or the change in control of the Lessee.

Assignment or Change In Control Fee. If the DPL consents to an assignment of this Lease or to a change in control of LesseeXxxxxx, as described in Section B of this Article, it shall assess a fee of twenty-five percent (25%) of the gain or profit attributable to the leased land. For purposes of this section the terms "gain" and “profit” are defined as the proceeds from any change in control or assignment less the book value of improvements and fixtures installed by LesseeXxxxxx. Lessee shall pay the fee to DPL at closing of the assignment or the change in control of the Lessee.