assignment consideration definition

assignment consideration means all consideration paid by the assignee to Tenant or to any other party on Tenant’s behalf or for Tenant’s benefit as consideration for such assignment, without deduction for any costs or expenses incurred by Tenant in connection with such assignment, except that Tenant may deduct third party, market rate leasing commissions and legal fees paid, and tenant improvement costs incurred, in connection with the assignment, in which case the amount thereof may be deducted with the balance to be paid to Landlord, and (ii) the term “excess rentals” shall mean all consideration paid by the sublessee to Tenant or to any other party on Tenant’s behalf or for Tenant’s benefit for the sublease of all or any part of the Leased Premises in excess of the rent due to Landlord under the terms of this Lease for the portion subleased for the same period, without deduction for any costs or expenses incurred by Tenant in connection with such sublease, except that Tenant may deduct third party, market rate leasing commissions and legal fees paid, and tenant improvement costs incurred, in connection with the sublease, in which case the amount thereof may be deducted with the balance to be paid to Landlord. Tenant agrees that the portion of any assignment consideration and/or excess rentals arising from any assignment or subletting by Tenant which is to be paid to Landlord pursuant to this Article now is and shall then be the property of Landlord and not the property of Tenant.
assignment consideration means an amount equal to all sums and other considerations paid to Tenant by the assignee for or by reason of such assignment (including, without limitation, sums paid for the furnishing of services by Tenant and the sale or rental of Tenant’s fixtures, leasehold improvements, equipment, furniture, furnishings or other personal property, less, in the case of a sale thereof, the then net unamortized or undepreciated cost thereof determined on the basis of Tenant’s federal income tax returns).
assignment consideration means all consideration to be paid by the Assignee as consideration for such assignment, and the termExcess Rentals” shall mean all consideration to be paid by the Sublessee in excess of the rent to be paid by said Sublessee/Sublessor for the premises subleased for the same period. Assignment Considerations and/or Excess Rentals shall include all payments made or to be made by any Assignee or Sublessee relating in any way to any transfer of an interest in the Lease or the Leased Premises including, but not limited to, any payment made with respect to property which would or shall become Landlord’s property upon the expiration or earlier termination of the Lease, whether such property was installed or paid for by Landlord or by Tenant or Tenant’s successors. In the event Tenant or Tenant’s successors sublease a portion of the Leased Premises, Excess Rentals shall be calculated by subtracting the rent payable by the Sublessor for the portion of the Leased Premises so sublet from all consideration to be paid by such Sublessee. Rent payable by the Sublessor for the portion of the Leased Premises so sublet shall be calculated by multiplying the Base Monthly Rent payable by the Sublessor for the Leased Premises leased by such Sublessor by a fraction, the numerator of which is the area in square feet subleased and the denominator of which is the total floor area of the Leased Premises leased by such Sublessor also in square feet.

More Definitions of assignment consideration

assignment consideration means an amount equal to all sums and other consideration paid to Tenant by the assignee for or by reason of such assignment (including, without limitation, sums paid for the furnishing of services by Tenant and the sale or rental of Tenant's fixtures, leasehold improvements, equipment, furniture, furnishings or other personal property, less, in the case of a sale thereof, the then net unamortized or undepreciated cost thereof determined on the basis of Tenant's federal income tax returns (or if such property is leased rather than owned by Tenant less any rentals that may be due to the third party lessor thereof)). "TENANT'S ASSIGNMENT COST" shall mean the costs and expenses of Tenant actually incurred in connection with the specific sublease in question (which would not otherwise be payable but for such assignment) including, without limitation (i) the out-of-pocket expenses of Tenant incurred in connection with such assignment including, without limitation, brokerage commissions and attorney's fees and disbursements and advertising fees; (ii) the out-of-pocket cost of improvements or alterations made by Tenant for the purpose of preparing the Premises for such assignee; (iii) the unamortized and unreimbursed cost of any Tenant Changes or Tenant's Property sold or leased to and used by such assignee; (iv) the amount of rent concessions given by Tenant to such assignee; (v) any moving expenses of the assignee paid for by Tenant; (vii) any sums paid in connection with obtaining Landlord's consent under this SECTION 17; (viii) the amount of rental attributable to the period (if any) commencing on the day that such portion of the Premises is unused by Tenant and not assigned and continuing until the day immediately preceding the rent commencement date of the assignment; and (ix) any other reasonable tenant inducement costs incurred by Tenant; and (x) any payments required to be, and actually made, by Tenant incurred in connection with such assignment pursuant to any real property transfer tax of the United States or the State of New York.
assignment consideration means all consideration to be paid by the assignee to Tenant or to any other party on Tenant's behalf or for Tenant's benefit as consideration for such assignment, after deduction for any commissions paid by Tenant or any other costs or expenses (including, without limitation, tenant improvements, capital improvements, building upgrades, permit fees, attorneys' fees, and other consultants' fees) incurred by Tenant in connection with such assignment, and the term "excess rentals" shall mean all consideration to be paid by the sublessee to Tenant or to any other party on Tenant's
assignment consideration means the amount set forth in Clause 3.
assignment consideration means an amount equal to all sums and other consideration paid to Tenant by the assignee for or by reason of such assignment (including, without limitation, sums paid for the furnishing of services by Tenant and the sale or rental of Tenant’s fixtures, leasehold improvements, equipment, furniture, furnishings or other personal property to the extent such sums exceed the fair market value of such services or personal property).
assignment consideration with respect to any assignment, shall mean the sum of (i) any and all sums and other consideration actually paid to Assignor (whether before, upon or after the assignment) by the assignee for or by reason of such assignment (including without limitation any amounts paid in respect of the sale or transfer of any Tenant's Improvements), and (ii) any Excess Tenant Property Payments in connection with such assignment. "ASSIGNOR" shall mean the Tenant prior to the assignment.
assignment consideration means all consideration to be paid by the assignee to Subtenant or to any other third party on Subtenant’s behalf or for Subtenant’s benefit as consideration for such assignment,