GROSS. Tenant’s Initials Landlord’s Initials It is the intention of the Parties that this Lease be considered a “Gross Lease” and as such, the Base Rent is the entirety of the monthly rent. Therefore, the Lessee is not obligated to pay any additional expenses which includes utilities, real estate taxes, insurance (other than on the Lessee’s personal property), charges or expenses of any nature whatsoever in connection with the ownership and operation of the Premises. The Lessor shall be obligated to maintain the general exterior structure of the Premises, in addition, shall maintain all major systems such as the heating, plumbing, and electrical. The parking area shall be maintained by the Lessor including the removal of any snow or environmental hazards as well as the grounds and lands surrounding the Premises. The Lessor shall maintain at their expense casualty insurance for the Premises against loss by fire which may or may not include any extended coverage. The Lessee will provide and maintain personal liability and property damage insurance as a lessee, at least to the limits of One Million Dollars ($1,000,000.00), that will designate the Lessor as an "also named insured", and shall provide the Lessor with a copy of such insurance certification or policy prior to the effective date of this Lease.
GROSS. Lessee’s Initials: [INITIALS] Lessor’s Initials: [INITIALS] It is the intention of the Parties that this Lease be considered a “Gross Lease” and as such, the Base Rent is the entirety of the monthly rent. Therefore, the Lessee is not obligated to pay any additional expenses which includes utilities, real estate taxes, insurance (other than on the Lessee’s personal property), charges or expenses of any nature whatsoever in connection with the ownership and operation of the Premises. The Lessor shall be obligated to maintain the general exterior structure of the Premises and shall maintain all major systems such as the heating, plumbing, and electrical. The parking area shall be maintained by the Lessor (including the removal of any snow or environmental hazards) as well as the grounds and lands surrounding the Premises. The Lessor shall maintain at their expense casualty insurance for the Premises against loss by fire which may or may not include any extended coverage. The Lessee will provide and maintain personal liability and property damage insurance as a lessee, at least to the limits of One Million Dollars ($1,000,000.00), that will designate the Lessor as an "also named insured” and shall provide the Lessor with a copy of such insurance certification or policy prior to the effective date of this Lease.
GROSS. UP PAYMENT - If any payment or benefit received or to be received by you from the Company pursuant to the terms of the Agreement to which this Exhibit A is attached or otherwise (the "Payments") would be subject to the excise tax (the "Excise Tax") imposed by section 4999 of the Internal Revenue Code (the "Code") as determined in accordance with this Exhibit A, the Company shall pay you, at the time specified below, an additional amount (the "Gross-Up Payment") such that the net amount that you retain, after deduction of the Excise Tax on the Payments and any federal, state, and local income tax and the Excise Tax upon the Gross-Up Payment, and any interest, penalties, or additions to tax payable by you with respect thereto, shall be equal to the total present value (using the applicable federal rate (as defined in section 1274(d) of the Code) in such calculation) of the Payments at the time such Payments are to be made.
GROSS. Up in connection with a Change of Control. In the event that, as a result of the payments to which he becomes entitled by reason of a Change of Control pursuant to the terms hereof or the terms of any other agreement (including but not limited to the accelerated vesting of stock options), Executive becomes subject to excise tax (the "EXCISE TAX") under Section 4999 of the Internal Revenue Code of 1986, as amended (the "CODE"), the Company shall pay to Executive as additional compensation an amount (the "GROSS-UP PAYMENT") equal to an amount which, after payment by Executive of all taxes (including any federal, state and local income tax and excise tax upon such amount) would allow the Executive to retain an amount equal to the Excise Tax, unless, if the reduction of the severance payments hereunder to Executive by no more than 5% would avoid the imposition of Excise Tax, then the Company shall so reduce such severance payments to Executive and no Gross-up Payment will be made. For purposes of determining whether Executive will be subject to the Excise Tax and the amount of such Excise Tax, the following criteria shall apply:
GROSS. Lessee’s Initials: [INITIALS] Lessor’s Initials: [INITIALS] It is the intention of the Parties that this Lease be considered a “Gross Lease” and as such, the Base Rent is the entirety of the monthly rent. Therefore, the Lessee is not obligated to pay any additional expenses which includes utilities, real estate taxes, insurance (other than on the Lessee’s personal property), charges or expenses of any nature whatsoever in connection with the ownership and operation of the Premises. The Lessor shall be obligated to maintain the general exterior structure of the Premises and shall maintain all major systems such as the heating, plumbing, and electrical. The parking area shall be maintained by the Lessor (including the removal of any snow or environmental hazards) as well as the grounds and lands surrounding the Premises. The Lessor shall maintain at their expense casualty insurance for the Premises against loss by fire which may or may not include any extended coverage. The Lessee will provide and maintain personal liability and property damage insurance as a lessee, at least to the limits of One Million Dollars ($1,000,000.00), that will designate the Lessor as an "also named insured” and shall provide the Lessor with a copy of such insurance certification or policy prior to the effective date of this Lease. ☐ - MODIFIED GROSS. Lessee’s Initials: [INITIALS] Lessor’s Initials: [INITIALS] It is the intention of the Parties that this Lease shall be considered a “Modified Gross Lease.” In addition to the Base Rent, the Lessee shall be obligated to pay the following monthly expenses: [LIST ALL EXPENSES THAT THE LESSEE WILL BE RESPONSIBLE FOR]. The Lessor shall pay the following monthly expenses: [LIST ALL EXPENSES THAT THE LESSOR WILL BE RESPONSIBLE FOR]. ☐ - TRIPLE-NET (NNN). Lessee’s Initials: [INITIALS] Lessor’s Initials: [INITIALS] It is the intention of the Parties that this Lease shall be considered a “Triple Net Lease.”
GROSS. UP Where any applicable law requires a deduction or withholding in respect of tax to be made, Buyer shall inform Seller of that requirement and will pay such additional amount to Seller as will ensure that the net amount received by Seller is equal to the full amount that Seller would have received had the deduction or withholding not been required. ПЕРЕСЧЁТ СУММ С УЧЁТОМ НАЛОГООБЛОЖЕНИЯ Если какое-либо применимое право требует вычета или удержания налога, Покупатель информирует Продавца об этом требовании и выплачивает такую дополнительную сумму Продавцу, которая будет гарантировать, что сумма нетто, полученная Продавцом, будет равняться полной сумме, которую Продавец получил бы, если бы вычет или удержание не требовались. LATE PAYMENT INTEREST In the event that payment is not made on the Due Date, the Buyer will be charged on the outstanding balance from the Due Date until the date payment is made at 4% above LIBOR. LIBOR means the rate for one month deposits in USD which appears on the relevant Reuters page (or any successor page) as of 11:00 London time on the date of determination or, in the event that such rate is unavailable, the mean average of the rates at which USD rates are quoted by the principal offices of three banks nominated by Seller in the London interbank market. Such interest shall be payable to Seller on demand and shall accrue until payment notwithstanding the termination of this Agreement for any reason whatsoever. This provision shall not be construed as an indication of any willingness on the part of Seller to provide extended credit as a matter of course and shall be without prejudice to any rights and remedies which Seller may have under the Agreement or otherwise. ПРОЦЕНТЫ ЗА НЕСОБЛЮДЕНИЕ СРОКОВ ПО ПЛАТЕЖАМ В случае если оплата не произведена на должную дату, со срока оплаты и до получения Продавцом платежа Покупателю будет начисляться процент на просроченный остаток по ставке, которая будет равна ЛИБОР + 4%. ЛИБОР означает ставку по одномесячным депозитам в долл. США, которая публикуется на соответствующей странице REUTERS (или любого законного преемника) в 11:00 утра по лондонскому времени на дату определения или, в случае, если подобная ставка недоступна, процент будет равен среднему арифметическому долларовых ставок, опубликованных головными офисами трех банков, назначенных Продавцом на лондонском межбанковском рынке. Такой процент будет подлежать выплате Продавцу по требованию Продавца, и будет начисляться до того дня, когд...
GROSS. The provisions of Schedule A shall apply to you, and you shall comply with the provisions of Schedule A, in relation to the operational and other procedures set out therein.
GROSS. GUARANTY --------------
GROSS. It is the intention of the Parties that this Agreement is considered a “Gross Lease" and as such, the Rent is the entirety of the payments to the Lessor. Therefore, the Lessee is not obligated to pay any additional expenses, which include utilities, real estate taxes, insurance (other than on the Lessee's personal property), charges, or expenses of any nature whatsoever in connection with the ownership and operation of the Premises. The Lessor shall be obligated to maintain the general exterior structure of the Premises, in addition, shall maintain all major systems such as the heating, plumbing, and electrical. The parking area shall be maintained by the Lessor, including the removal of any snow or environmental hazards as well as the grounds and lands surrounding the Premises. The Lessor shall maintain at their expense casualty insurance for the Premises against loss by fire which may or may not include any extended coverage. The Lessee will provide and maintain personal liability and property damage insurance as a lessee, at least to the limits of One Million Dollars ($1,000,000.00), that will designate the Lessor as an "also named insured” and shall provide the Lessor with a copy of such insurance certification or policy prior to the effective date of this Agreement. OR
GROSS. MEASURED AREA shall mean the total constructed area of a building. It is generally not used for leasing purposes.
