Common use of MODIFIED GROSS Clause in Contracts

MODIFIED GROSS. Tenant’s Initials _____ Landlord’s 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: ________________________________________________________________________________________________________________________________________________________________________________________________ Lessor shall pay the following monthly expenses: ________________________________________________________________ ________________________________________________________________________________________________________________________________ ☐. TRIPLE NET (NNN). Tenant’s Initials _____ Landlord’s Initials _____ It is the intention of the Parties that this Lease shall be considered a “Triple Net Lease”.

Appears in 40 contracts

Samples: Commercial Lease Agreement, Commercial Lease Agreement, Commercial Lease Agreement

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MODIFIED GROSS. Tenant’s Initials _____ Landlord’s 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: ________________________________________________________________________________________________________________________________________________________________________________________________ Lessor shall pay the following monthly expenses: ________________________________________________________________ ________________________________________________________________________________________________________________________________ ☐. ☐ - TRIPLE NET (NNN). Tenant’s Initials _____ Landlord’s Initials _____ It is the intention of the Parties that this Lease shall be considered a “Triple Net Lease”.

Appears in 4 contracts

Samples: Percentage Rent Lease Agreement, Office Space Lease Agreement, Commercial Lease Agreement

MODIFIED GROSS. TenantSubtenant’s Initials _____ LandlordTenant’s Initials _____ It is the intention of the Parties that this Lease Agreement shall be considered a “Modified Gross Lease”. In addition to the Base Rent, the Lessee Subtenant shall be obligated to pay the following monthly expenses: ________________________________________________________________________________________________________________________________________________________________________________________________ Lessor Tenant shall pay the following monthly expenses: ________________________________________________________________ ________________________________________________________________________________________________________________________________ ☐. TRIPLE ☐ - TRIPLE-NET (NNN). TenantSubtenant’s Initials _____ LandlordTenant’s Initials _____ It is the intention of the Parties that this Lease Agreement shall be considered a “Triple Net Lease”.

Appears in 3 contracts

Samples: Office Sublease Agreement, Commercial Sublease Agreement, Commercial Sublease Agreement

MODIFIED GROSS. Tenant’s Initials _____ Landlord’s 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 Tenant shall be obligated to pay the following monthly expenses: ________________________________________________________________________________________________________________________________________________________________________________________________ Lessor shall pay the following monthly expenses: ________________________________________________________________ ____________________________________________________________________________________________________________________________________________ ☐. Landlord shall pay the following monthly expenses: _____________________________ ____________________________________________________________________________________________________________________________________________ ☐ - TRIPLE NET (NNN). Tenant’s Initials _____ Landlord’s Initials _____ It is the intention of the Parties that this Lease shall be considered a “Triple Net Lease”.

Appears in 1 contract

Samples: Commercial Lease Agreement

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MODIFIED GROSS. TenantLessee’s Initials _____ LandlordLessor’s 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: ________________________________________________________________________________________________________________________________________________________________________________________________ Lessor shall pay the following monthly expenses: ________________________________________________________________ ________________________________________________________________________________________________________________________________ ☐. ☐ - TRIPLE NET (NNN). TenantLessee’s Initials _____ LandlordLessor’s Initials _____ It is the intention of the Parties that this Lease shall be considered a “Triple Net Lease”.

Appears in 1 contract

Samples: Commercial Lease Agreement

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