NYC 9/11 Public Portal Document
(F) If the Landlord shall give its consent to any assignment of this Lease or to any
sublease, Tenant shall in consideration therefor, pay to Landlord, as additional rent;
(a) in the case of an assignment, an amount equal to fifty (50%) percent of all
sums and other considerations paid to Tenant by the assignee for or by reason of such assignment
(including, but not limited to, sums paid for the sale 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) after deducting Tenant’s Permitted Expenses (as hereinafter
defined); and
(b) in the case of a sublease, fifty (50%) percent of the Net Sublease Proceeds,
which shall mean any rents, additional charges or other consideration payable under the sublease
to Tenant by the subtenant which is in excess of the fixed rent and additional rent accruing during
the term of the sublease in respect of the subleased space (at the rate per square foot payable by
Tenant hereunder) pursuant to the terms hereof (including, but not limited to, sums paid for the
sale or rental of Tenant's fixtures, leasehold improvements, equipment, furniture or other
personal property, less, in the case of the sale thereof, the then net unamortized or undepreciated
cost thereof determined on the basis of Tenant's federal income tax returns) after deducting
therefrom Tenant’s Permitted Expenses. The sums payable under this Paragraph (F)(b) shall be
paid to Landlord as and when paid by the subtenant to Tenant.
(€)££) For purposes of this Paragraph F, “Tenant’s Permitted Expenses” shall
mean the aggregate of (1) brokerage commissions, reasonable legal fees and disbursements and
closing costs to third parties, reasonable advertising expenses, any amounts payable to Landlord
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NYC-WTC_000170216
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