Presbyterian Sample Clauses

Presbyterian. Within ten (10) business days after the commencement of the term of any such subletting, or within ten (10) business days after the effective date of any such assignment, notice of such commencement on effective date and a duplicate original of such sublease or assignment shall be delivered by Tenant to Landlord. Notwithstanding anything to the contrary contained herein, if (1) Tenant shall sublet the Demised Premises or any portion thereof for rents, additional charges or other consideration which, after deducting from the amount of such rents, charges or other consideration, any brokerage commissions, actual and reasonable costs for labor and materials in preparing the space for subletting, and attorneys' fees and disbursements reasonably incurred by Tenant for such subletting (the "Deductions"), shall, for any period, exceed the rents ---------- (excluding the Fixed Repayment) payable for the subleased space under this Lease for the same period (computed on a per square foot basis in the event of a subletting of less than the whole of the Demised Premises), or (2) Tenant shall assign its interest in this Lease for consideration (other than assumption by the assignee of Tenant's obligations hereunder) which exceeds any Deductions applicable thereto, then Tenant shall pay to Landlord, as Additional Rent, within ten (10) days after the date or dates on which such rents, charges and other consideration shall be payable to Tenant, one-half of any such excess. Tenant hereby indemnifies Landlord against liability from any claims that may be made against Landlord by any proposed assignee or sublessee by reason of Landlord's failure to consent in accordance with this Lease to any assignment or subletting or by any broker, finder or similar person claiming a commission or similar compensation in connection with any assignment or subletting or any proposed assignment or subletting.
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