Payment to Landlord. If the aggregate consideration paid to a Tenant Party for a Transfer exceeds that payable by Tenant under this Lease (prorated according to the transferred interest), Tenant shall pay Landlord 50% of such excess (after deducting therefrom reasonable leasing commissions and reasonable costs of tenant improvements paid to unaffiliated third parties in connection with the Transfer, with proof of same provided to Landlord). Tenant shall pay Landlord for Landlord’s share of any excess within 30 days after Tenant’s receipt of such excess consideration. If any uncured event of default exists under this Lease (or a condition exists which, with the passage of time or giving of notice, would become an event of default), Landlord may require that all sublease payments be made directly to Landlord, in which case Tenant shall receive a credit against Rent in the amount of any payments received, but not to exceed the amount payable by Tenant under this Lease.
Payment to Landlord. A. Landlord will not unreasonably withhold, delay, or condition its consent to Tenant's assignment of the Lease or subletting of such space and incidental rights to the party identified in Tenant's notice, provided, however, that in the event Landlord consents to any such assignment or subletting, and as a condition thereto, Tenant shall pay to Landlord, fifty percent (50%) of all net profit derived by Tenant from such assignment or subletting other than to affiliates of Tenant. For purposes of the foregoing, net profit shall be deemed to include, but not be limited to, the amount of all rent payable by such assignee or sublessee in excess of the Base Rent and rent adjustments payable by Tenant under this Lease, net of all reasonable expenses (including new tenant improvements, commissions, rent abatement and similar costs of subleasing) incurred by Tenant in obtaining said assignee or sublessee. If a part of the consideration for such assignment or subletting shall be payable other than in cash, the payment to Landlord shall be in cash for its share of any non-cash consideration based upon the fair market value thereof.
Payment to Landlord. As additional consideration for Landlord’s consent to the Sublease, Tenant irrevocably, absolutely and unconditionally conveys, transfers and assigns to Landlord all rent and other amounts due to Tenant under the terms of the Sublease, together with the right, power and authority to collect such rent and other amounts, subject to Paragraph 10.3 of the Lease. Therefore, notwithstanding any Sublease provision to the contrary, Subtenant covenants to pay directly to Landlord without abatement, deduction, offset, prior notice or demand by Landlord all rent and other amounts payable to Tenant under the Sublease in lawful money of the United States at the address set forth above for Landlord or at such other place as Landlord may designate to Subtenant in writing, on or before the date due. To the extent of all rent and other amounts actually paid by Subtenant and received by Landlord, Tenant shall receive credit under the Lease against current amounts then payable by Tenant to Landlord under the Lease, and Subtenant shall receive credit under the Sublease for those amounts; provided, however, that the receipt by Landlord of any rent or other amounts from Subtenant shall not be deemed or construed as releasing Tenant from Tenant’s obligations under the Lease (except to the extent of such amounts actually received by Landlord) or the acceptance of Subtenant as a direct tenant; provided further, however, that if the rent actually received by Landlord from Subtenant under the Sublease exceeds the rent payable by Tenant under the Lease, Landlord shall promptly remit fifty percent (50%) of such excess to Tenant in accordance with and subject to Paragraph 10.3 of the Lease (meaning that such excess shall be calculated after reimbursing Tenant for reasonable advertising expenses, brokerage commissions, tenant improvement costs and attorneys’ fees actually incurred by Tenant and payable to non-affiliated third parties in connection with such assignment or subleasing, all of which must be amortized over the applicable assignment or sublease term). Landlord shall give Tenant prompt written notice if Subtenant fails to pay any monthly rent to Landlord when due under this Agreement, and no late charge or default interest shall be payable by Tenant on such monthly rent payable by Subtenant in such event if Tenant cures such failure within three (3) business days after the receipt of such notice from Landlord.
Payment to Landlord. As additional consideration for Landlord’s consent to the Sublease, Tenant irrevocably, absolutely and unconditionally conveys, transfers and assigns to Landlord all rent and other amounts due to Tenant under the terms of the Sublease, together with the right, power and authority to collect such rent and other amounts, subject to Paragraph 10.3
Payment to Landlord. If the aggregate consideration paid to a Tenant Party for a Transfer exceeds that payable by Tenant under this Lease (prorated according to the transferred interest), Tenant shall pay Landlord, within thirty (30) days after Tenant’s receipt of such excess consideration, fifty percent (50%) of such excess (after deducting therefrom reasonable marketing, brokerage, legal and remodeling costs paid to unaffiliated third parties in connection with the Transfer, with proof of same provided to Landlord). If any uncured event of default exists under this Lease, Landlord may require that all sublease payments be made directly to Landlord.
Payment to Landlord. If the aggregate consideration paid to a Tenant Party for a Transfer of Tenant’s leasehold interest in the Premises exceeds that payable by Tenant under this Lease (prorated according to the transferred interest), Tenant shall pay Landlord 50% of such excess (after deducting therefrom reasonable leasing commissions and reasonable costs of tenant improvements paid to unaffiliated third parties in connection with the Transfer, with proof of same provided to Landlord). Tenant shall pay Landlord for Landlord’s share of any excess within 30 days after Tenant’s receipt of such excess consideration. If any uncured event of default exists under this Lease (or a condition exists which, with the passage of time or giving of notice, would become an event of default), Landlord may require that all sublease payments be made directly to Landlord, in which case Tenant shall receive a credit against Rent in the amount of any payments received, but not to exceed the amount payable by Tenant under this Lease.
Payment to Landlord. The Base Rent and the Additional Rent, as well as the Operating Expenses that would otherwise be, payable by Sublessee to Sublessor under this Sublease shall be paid by Sublessee directly to Landlord as set forth in the Consent, the payment of which shall fully satisfy Sublessee’s obligations to pay Base Rent, Additional Rent and Operating Expenses under this Sublease. All such Base Rent, Additional Rent and Operating Expenses shall be paid to Landlord without deduction by either Sublessee or Sublessor for Permitted Transfer Costs relating to this Sublease (as that phrase is defined in paragraph 13 of the Master Lease). Other than in satisfaction of Sublessor’s obligations to Landlord under the Master Lease relating to the payment of “Base Rent,” “Additional Rent” and “Operating Expenses” thereunder, Sublessor shall have no right to or interest in the Base Rent, Additional Rent and Operating Expenses paid by Sublessee to Landlord pursuant to the Consent.
Payment to Landlord. In partial consideration for Landlord entering into this Fourth Amendment and including, without limitation, Landlord’s agreement by virtue of this Fourth Amendment to reduce Tenant’s rent and other obligations over the remaining Term of the Lease, Tenant will pay to Landlord the sum of Four Million One Hundred Seventy-two Thousand Seven Hundred Thirty-one Dollars ($4,172,731.00) (the “Amendment Consideration”). Tenant’s payment of the Amendment Consideration is in addition to Tenant’s payment of the Advance Rent in accordance with Section 2.2, and the payment of the Amendment Consideration and the Advance Rent will be accomplished by Landlord’s draw of the entire amount of the Letter of Credit held by Landlord in the amount of Four Million Seven Hundred Eighty Thousand Six Hundred Ninety-one Dollars ($4,780,691.00). Landlord will draw on the Letter of Credit within five (5) days after the Effective Date, and Tenant agrees that it will cooperate with, and will neither take any action to oppose nor assert any defense against, Landlord’s draw on the Letter of Credit for the payment of the Amendment Consideration and the Advance Rent. The parties agree that (i) the Amendment Consideration constitutes partial consideration for the present and future benefits to be derived by Tenant as a result of this Fourth Amendment, (ii) the Amendment Consideration has been fully earned by Landlord and (iii) Tenant has no claim or interest to the Amendment Consideration or any portion thereof and (iv) the Amendment Consideration does not constitute security or payment for the performance of Tenant’s obligations under the Lease and Landlord’s receipt of the Amendment Consideration will in no way limit Landlord’s rights and remedies with respect to a default by Tenant under the Lease, as amended by this Fourth Amendment.
Payment to Landlord. If the aggregate consideration paid to a Tenant Party for a Transfer exceeds that payable by Tenant under this Lease (prorated according to the transferred interest), Tenant shall pay Landlord fifty percent (50%) of such excess. Tenant shall pay Landlord for Landlord’s share of any excess within thirty (30) days after Tenant’s receipt of such excess consideration. If any uncured event of default exists under this Lease, Landlord may require that all sublease payments be made directly to Landlord, in which case Tenant shall receive a credit against Rent in the amount of any payments received, but not to exceed the amount payable by Tenant under this Lease.
Payment to Landlord. If the aggregate consideration paid to Tenant for a Transfer exceeds that payable by Tenant under this Lease (prorated according to the transferred interest), Tenant shall pay Landlord 50% of such excess (after deducting therefrom reasonable leasing commissions and all reasonable costs associated with the Transfer). Tenant shall pay Landlord for Landlord's share of any excess within 30 days after Tenant's receipt of such excess consideration. If Tenant is in Monetary Default (defined in Section 19.A.), Landlord may require that all sublease payments be made directly to Landlord, in which case Tenant shall receive a credit against Rent in the amount of any payments received (less Landlord's share of any excess).
