Common use of Lease to be Deemed Net Clause in Contracts

Lease to be Deemed Net. This Lease shall be deemed and construed to be an absolutely net lease and Tenant shall accordingly pay to Landlord, absolutely net, the Basic Rent and Additional Rent, free of any off-sets or deductions of any kind.

Appears in 4 contracts

Samples: Lease Agreement (Valeritas Inc), Lease Agreement (Valeritas Inc), Lease Agreement (Valeritas Holdings Inc.)

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Lease to be Deemed Net. This Lease shall be deemed and construed to be an absolutely triple net lease lease, and Tenant shall accordingly pay to Landlord, absolutely net, the Basic Base Rent and Additional Rent, free of any off-sets or deductions of any kind.

Appears in 1 contract

Samples: Sublease Agreement (Energy Focus, Inc/De)

Lease to be Deemed Net. This Lease shall be deemed and construed to be an absolutely triple net lease (a “NNN Lease”) and Tenant shall accordingly pay to Landlord, absolutely net, the Basic Base Rent and Additional Rent, free of any off-sets or deductions of any kind.

Appears in 1 contract

Samples: Lease Agreement (Avici Systems Inc)

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Lease to be Deemed Net. This Lease shall be deemed and construed to be an absolutely triple net lease lease, and Tenant shall accordingly pay to Landlord, absolutely net, the Basic Base Rent and Additional Rent, free of any off-sets or deductions of any kind, except as and to the extent otherwise herein specifically provided.

Appears in 1 contract

Samples: Lease Agreement (Energy Focus, Inc/De)

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