Common use of Excess Rents Clause in Contracts

Excess Rents. Notwithstanding anything to the contrary in the Lease, if Lessee enters a permissible assignment or sublet pursuant to the Lease as amended by Paragraph 9 of this Second Addendum, Lessee shall deliver to Lessor fifty percent (50%) of any consideration payable to Lessee thereunder in excess of the Rent payable by Lessee under the Lease, after deducting therefrom all reasonable costs necessary to effect the assignment or sublet, including, without limitation, brokerage and attorneys' fees, advertising costs, redecorating costs, and the cost to Lessee of the installation of the Lessee Improvements in the Premises.

Appears in 3 contracts

Samples: Marimba Inc, Marimba Inc, Marimba Inc

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Excess Rents. Notwithstanding anything to the contrary in the Lease, if Lessee enters a permissible assignment or sublet pursuant to the Lease as amended by Paragraph 9 of this Second Addendum, Lessee shall deliver to Lessor fifty percent (50%) of any consideration payable to Lessee thereunder in excess of the Rent payable by Lessee under the Lease, after deducting therefrom all reasonable costs necessary to effect the assignment or sublet, including, without limitation, brokerage and attorneys' fees, advertising costs, redecorating costs, and the cost to Lessee of the installation of the Lessee Improvements in the Premises.

Appears in 1 contract

Samples: Microcide Pharmaceuticals Inc

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