Common use of Subrent Clause in Contracts

Subrent. Any consideration of any kind received, or to be received, by Tenant from a Subtenant if such sums are related to Tenant's interest in this Lease or in the Premises. As to any Sublet which is a transfer of voting control or beneficial ownership of Tenant, Subrent shall include any payment or other consideration received by Tenant's shareholders or owners in connection with such transfer (including, but not limited to, bonus money and payments (in excess of book value) for Tenant's assets including its trade fixtures, equipment and other personal property, goodwill, general intangibles, and any capital stock or other equity ownership of Tenant), up to the bonus value of the Lease as represented by the present value of the difference between (i) fair market rent at the time of the Sublet, and (ii) the Rent specified in the Lease.