Bonus Value. Tenant agrees that fifty percent (50%) of any amounts paid by the assignee or sublessee, however described, in excess of (i) the Monthly Rent payable by Tenant hereunder (or, in the case of sublease of a portion of the Premises, in excess of the Monthly Rent reasonably allocable to such portion), plus (ii) Tenant's direct out-of-pocket costs which Tenant certifies to Landlord have been paid to provide occupancy related services to such assignee or sublessee of a nature commonly provided by landlords of similar space, shall be the property of Landlord and such amounts shall be payable directly to Landlord by the assignee or sublessee. At Landlord's request, a written agreement shall be entered into by and among Tenant, Landlord and the proposed assignee or sublessee confirming the requirements of this Section 14.5.
Bonus Value. Tenant agrees that fifty percent (50%) of any amounts paid by the assignee or sublessee, however described, in excess of (i) the Monthly Rent payable by Tenant hereunder (or, in the case of sublease of a portion of the Premises, in excess of the Monthly Rent reasonably allocable to such portion), plus (ii) Tenant’s direct out-of-pocket costs which Tenant certifies to Landlord have been paid to provide occupancy related services to such assignee or sublessee of a nature commonly provided by landlords of similar space (which direct out-of-pocket costs shall, for purposes of calculating the amounts payable to Landlord under this Section 14.5, be amortized on a straight-line basis over the applicable sublease term (in the case of a sublease) or the then-remaining balance of the Term of this Lease (in the case of an assignment)), shall be the property of Landlord and such amounts shall be payable directly to Landlord by the assignee or sublessee. At Landlord’s request, a written agreement shall be entered into by and among Tenant, Landlord and the proposed assignee or sublessee confirming the requirements of this Section 14.5.
Bonus Value. Tenant agrees that fifty percent (50%) of any amounts paid by the assignee or sublessee, however described, in excess of (i) the Monthly Rent payable by Tenant hereunder (or, in the case of sublease of a portion of the Premises, in excess of the Monthly Rent reasonably allocable to such portion), plus(ii) Tenant’s direct out-of-pocket costs incurred in connection with such assignment of sublease for marketing fees, tenant improvements, reasonable legal fees and commercially reasonable brokerage fees which Tenant certifies to Landlord have been paid to provide occupancy related services to such assignee or sublessee of a nature commonly provided by landlords of similar space (which direct out-of-pocket costs shall, for purposes of calculating the amounts payable to Landlord under this Section 14.5, be amortized on a straight-line basis over the applicable sublease term (in the case of a sublease) or the then-remaining balance of the Term of this Lease (in the case of an assignment)), shall be the property of Landlord and such amounts shall be payable directly to Landlord by the assignee or sublessee. At Landlord’s request, a written agreement shall be entered into by and among Tenant, Landlord and the proposed assignee or sublessee confirming the requirements of this Section 14.5.
Bonus Value. It is the intent of the parties hereto that this Lease shall confer upon Lessee only the right to use and occupy the Premises, and to exercise such other rights as are conferred upon Lessee by this Lease. The parties agree that this Lease is not intended to have a bonus value, nor to serve as a vehicle whereby Lessee alone may profit by a future Transfer of this Lease or the right to use or occupy the Premises as a result of any favorable terms contained herein or any future changes in the market for leased space. It is the intent of the parties that any such bonus value (which shall include deductions only for (i) any commission paid by Lessee, to the extent reasonable and paid to a third party, and (ii) legal fees of not more than One Thousand Dollars ($1,000.00) paid by Lessee) that may attach to this Lease shall be shared equally by Lessor and Lessee.
Bonus Value. Sublessor and Sublessee, by signing below, acknowledge and agree, pursuant to paragraph 5.08 of the Lease, that Landlord is entitled to ninety percent (90%) of any rent or other consideration in excess of Rent payable under the Lease, that is realized under the Sublease.
Bonus Value. 25 17.6 Landlord's Rights......................................................................... 25 (a) Terminate Lease...................................................................... 25 (b) Acquisition of Tenant's Interest..................................................... 25 17.7 Tenant's Rights........................................................................... 25 17.8 Reasonable Provisions..................................................................... 26 17.9 Exceptions................................................................................ 26 (a) Assignment........................................................................... 26
Bonus Value. In the event of any Transfer, Tenant shall be ----------- entitled to twenty-five percent (25%) of the increased rent or other consideration in excess of the Sublease Rent Add-on (defined below) and the Landlord shall be entitled to Sublease Rent Add-on and seventy-five percent (75%) of all consideration in excess of that amount. The Sublease Rent Add-on shall be equal to Ten Cents ($0.10) per square foot per month, increased during the Term in the same percentage as Base Rent is increased pursuant to Section ------- 5.2. ---
Bonus Value. In the case of any assignment other than to an Affiliate, after deduction of the costs of tenant improvement and any other reasonable inducements to the assignee, out of pocket attorneys' fees, and a reasonable brokerage commission incurred by Lessee, Lessee shall pay to Lessor, as and when received, fifty percent (50%) of any transfer or assignment fee, purchase price or other consideration received by Lessee in connection with the assignment attributable to the value of this Lease, in excess of the Rent otherwise payable under this Lease.
Bonus Value. Sublessee agrees that fifty percent (50%) of any amounts paid by the assignee or sub-sublessee, however described, in excess of (i) the Monthly Rent payable by Sublessee hereunder (or, in the case of a sub-sublease of a portion of the Premises, in excess of the Monthly Rent reasonably allocable to such portion), plus (ii) Sublessee's direct out-of-pocket costs which Sublessee certifies to Sublessor have been paid or are to be paid to provide occupancy related services to such assignee or sub-sublessee of a nature commonly provided by Sublessor of similar space, plus (iii) all costs Sublessee incurred in reletting the Premises, including, but not limited to, broker's commissions, expenses of cleaning and remodeling the Premises, attorneys' fees and like costs, shall be property of Sublessor and such amounts shall be payable directly to Sublessor by the assignee or sub-sublessee. At Sublessor's request, a written agreement shall be entered into by and among Sublessee, Sublessor and the proposed assignee or sub-sublessee confirming the requirements of this Section 14.5. Sublessor's share of the excess Monthly Rent shall not exceed fifty percent (50%) of the difference between the Monthly Rent payable by Sublessee hereunder and the Market Rate (as herein defined) for such portion of the Premises subject to such assignment or sub-sublease. Excess Monthly Rent shall not include rent from the sub-sublessee attributable to any of Sublessee's reasonable costs of assignment or sub-subleasing or any consideration received on account of or attributable to Sublessee's improvements or Sublessee's Property, including, but not limited to Sublessee's Special Systems. "Market Rate" shall mean the rent assessed at similar buildings in the Irvine Spectrum area at such time, comparable in size, location and quality to the Premises.
Bonus Value. Tenant agrees that fifty percent (50%) of any amounts paid by the assignee or sublessee, however described, in excess of (i) the Monthly Rent payable by Tenant hereunder (or, in the case of sublease of a portion of the Premises, in excess of the Monthly Rent reasonably allocable to such portion), plus (ii) Tenant's direct out-of-pocket costs which Tenant certifies to Landlord have been paid to provide occupancy or marketing related improvements, repairs, or services to effect such assignment or sublease of a nature commonly provided by landlords of similar space, shall be the property of Landlord and such amounts shall be payable directly to Landlord by the assignee or sublessee. At Landlord's request, a written agreement shall be entered into by and among Tenant, Landlord and the proposed assignee or sublessee confirming the requirements of this Section 14.5.
