Net Lease; Non-Terminability. (a) It is expressly agreed and understood by the parties that this Lease is a net lease and all Rent and other sums due hereunder shall be paid without notice or demand and without set-off, counterclaim, recoupment, abatement, suspension, deferment, diminution, deduction, reduction or defense, and Tenant hereby waives and releases forever any right to the same. (b) This Lease and the rights of Landlord and the obligations of Tenant hereunder shall not be affected by any event or for any reason or cause whatsoever foreseen or unforeseen. (c) The obligations of Tenant hereunder shall be separate and independent covenants and agreements, all obligations and payments required hereunder shall continue to be payable in all events (or, in lieu thereof, Tenant shall pay amounts equal thereto), and the obligations of Tenant hereunder shall continue unaffected unless the requirement to pay or perform the same shall have been terminated pursuant to an express provision of this Lease. The obligation to pay Rent or amounts equal thereto shall not be affected by any collection of rents by any governmental body pursuant to a tax lien or otherwise that arises through no fault of Landlord, even though such obligation results in a double payment of Rent. All Rent payable by Tenant hereunder shall constitute “rent” for all purposes (including Section 502(b)(6) of the Federal Bankruptcy Code).
Appears in 2 contracts
Samples: Lease Agreement (Pw Eagle Inc), Lease Agreement (Pw Eagle Inc)
Net Lease; Non-Terminability. (a) It is expressly agreed and understood by the parties that this Lease This is a net lease and all Rent and other sums due hereunder Monetary Obligations shall be paid without notice or demand (except as otherwise expressly provided herein to the contrary) and without set-off, counterclaim, recoupment, abatement, suspension, deferment, diminution, deduction, reduction or defensedefense (collectively, and Tenant hereby waives and releases forever any right to the samea “Set-Off”).
(b) This Except as otherwise expressly provided herein to the contrary, this Lease and the rights of Landlord and the obligations of Tenant hereunder shall not be affected by any event or for any reason or cause whatsoever foreseen or unforeseen.
(c) The obligations of Tenant hereunder shall be separate and independent covenants and agreements, all obligations and payments required hereunder Monetary Obligations shall continue to be payable in all events (or, in lieu thereof, Tenant shall pay amounts equal thereto), and the obligations of Tenant hereunder shall continue unaffected unless the requirement to pay or perform the same shall have been terminated pursuant to an express provision of this Lease. The obligation to pay Rent or amounts equal thereto shall not be affected by any collection of rents by any governmental body pursuant to a tax lien or otherwise that arises through no fault of Landlordotherwise, even though such obligation results in a double payment of Rent. All Rent payable by Tenant hereunder shall constitute “rent” for all purposes (including Section 502(b)(6) of the Federal Bankruptcy Code).
(d) Except as otherwise expressly provided herein, Tenant shall have no right and hereby waives all rights which it may have under any Law (i) to quit, terminate or surrender this Lease or any of the Leased Premises, or (ii) to any Set-Off of any Monetary Obligations.
Appears in 1 contract
Samples: Lease Agreement (New York Times Co)
Net Lease; Non-Terminability. (a) It is expressly agreed and understood by the parties that this Lease This is a net lease and all Rent and other sums due hereunder Monetary Obligations shall be paid without notice or demand (except as otherwise expressly provided herein to the contrary) and without set-off, counterclaim, recoupment, abatement, suspension, deferment, diminution, deduction, reduction or defensedefense (collectively, and Tenant hereby waives and releases forever any right to the samea "Set-Off").
(b) This Except as otherwise expressly provided herein to the contrary, this Lease and the rights of Landlord and the obligations of Tenant hereunder shall not be affected by any event or for any reason or cause whatsoever foreseen or unforeseen.
(c) The obligations of Tenant hereunder shall be separate and independent covenants and agreements, all obligations and payments required hereunder Monetary Obligations shall continue to be payable in all events (or, in lieu thereof, Tenant shall pay amounts equal thereto), and the obligations of Tenant hereunder shall continue unaffected unless the requirement to pay or perform the same shall have been terminated pursuant to an express provision of this Lease. The obligation to pay Rent or amounts equal thereto shall not be affected by any collection of rents by any governmental body pursuant to a tax lien or otherwise that arises through no fault of Landlordotherwise, even though such obligation results in a double payment of Rent. All Rent payable by Tenant hereunder shall constitute “"rent” " for all purposes (including Section 502(b)(6) of the Federal Bankruptcy Code).
(d) Except as otherwise expressly provided herein, Tenant shall have no right and hereby waives all rights which it may have under any Law (i) to quit, terminate or surrender this Lease or any of the Leased Premises, or (ii) to any Set-Off of any Monetary Obligations.
Appears in 1 contract
Samples: Lease Agreement (Corporate Property Associates 17 - Global INC)
Net Lease; Non-Terminability. (a) It This is expressly agreed and understood by the parties that this Lease is a an absolute net lease and all Rent and other sums due hereunder Monetary Obligations shall be paid without notice or demand demand, except as otherwise expressly set forth herein, and without set-off, counterclaim, recoupment, abatement, suspension, deferment, diminution, deduction, reduction or defensedefense (collectively, and Tenant hereby waives and releases forever any right to the samea “Set-Off”).
(b) This Except as otherwise expressly set forth herein, this Lease and the rights of Landlord and the obligations of Tenant hereunder shall not be affected by any event or for any reason or cause whatsoever foreseen or unforeseen.
(c) The obligations of Tenant hereunder shall be separate and independent covenants and agreements, all obligations and payments required hereunder Monetary Obligations shall continue to be payable in all events (or, in lieu thereof, Tenant shall pay amounts equal thereto), and the obligations of Tenant hereunder shall continue unaffected unless the requirement to pay or perform the same shall have been terminated pursuant to an express provision of this Lease. The obligation to pay Rent or amounts equal thereto shall not be affected by any collection of rents by any governmental body pursuant to a tax lien or otherwise that arises through no fault of Landlord, even though such obligation results in a double payment of Rentotherwise. All Rent payable by Tenant hereunder shall constitute “rent” for all purposes (including Section 502(b)(6) of the Federal Bankruptcy Code).
(d) Except as otherwise expressly provided herein, Tenant shall have no right and hereby waives all rights which it may have under any Law to (i) quit, terminate or surrender this Lease or the Leased Premises, or (ii) exercise any right of Set-Off of any Monetary Obligations.
Appears in 1 contract
Samples: Lease Agreement (Banctec Inc)
Net Lease; Non-Terminability. (a) It is expressly agreed and understood by the parties that this Lease This is a net lease and all Rent and other sums due hereunder Monetary Obligations shall be paid without notice or demand (except as otherwise expressly provided herein) and without set-off, counterclaim, recoupment, abatement, suspension, deferment, diminution, deduction, reduction or defensedefense (collectively, and Tenant hereby waives and releases forever any right a “Set-Off”), subject to the sameTenant’s contest rights set forth in Paragraph 14.
(b) This Lease and the rights of Landlord and the obligations of Tenant hereunder shall not be affected by any event or for any reason or cause whatsoever foreseen or unforeseen.
(c) The obligations of Tenant hereunder shall be separate and independent covenants and agreements, all obligations and payments required hereunder Monetary Obligations shall continue to be payable in all events (or, in lieu thereof, Tenant shall pay amounts equal thereto), and the obligations of Tenant hereunder shall continue unaffected unless the requirement to pay or perform the same shall have been terminated pursuant to an express provision of this Lease. The obligation to pay Rent or amounts equal thereto shall not be affected by any collection of rents by any governmental body pursuant to a tax lien or otherwise that arises through no fault of Landlordotherwise, even though such obligation results in a double payment of Rent. All Rent payable by Tenant hereunder shall constitute “rent” for all purposes (including Section 502(b)(6) of the Federal Bankruptcy Code).
(d) Except as otherwise expressly provided herein, Tenant shall have no right and hereby waives all rights which it may have under any Law (i) to quit, terminate or surrender this Lease or any of the Leased Premises, or (ii) to any Set-Off of any Monetary Obligations.
Appears in 1 contract
Samples: Lease Agreement (Bon Ton Stores Inc)
Net Lease; Non-Terminability. (a) It This is expressly agreed and understood by the parties that this Lease is a an absolute net lease and all Rent and other sums due hereunder Monetary Obligations shall be paid without notice or demand demand, except as otherwise expressly set forth herein, and without set-off, counterclaim, recoupment, abatement, suspension, deferment, diminution, deduction, reduction or defensedefense (collectively, and Tenant hereby waives and releases forever any right to the samea “Set-Off”).
(b) This Except as otherwise expressly set forth herein, this Lease and the rights of Landlord and the obligations of Tenant hereunder shall not be affected by any event or for any reason or cause whatsoever foreseen or unforeseen.
(c) The obligations of Tenant hereunder shall be separate and independent covenants and agreements, all obligations and payments required hereunder Monetary Obligations shall continue to be payable in all events (or, in lieu thereof, Tenant shall pay amounts equal thereto), and the obligations of Tenant hereunder shall continue unaffected unless the requirement to pay or perform the same shall have been terminated pursuant to an express provision of this Lease. The obligation to pay Rent or amounts equal thereto shall not be affected by any collection of rents by any governmental body pursuant to a real property tax lien or otherwise that arises through no fault of Landlord, even though such obligation results in a double payment of Rentotherwise. All Rent payable by Tenant hereunder shall constitute “rent” for all purposes (including Section 502(b)(6) of the Federal Bankruptcy Code).
(d) Except as otherwise expressly provided herein, Tenant shall have no right and hereby waives all rights which it may have under any Law to (i) quit, terminate or surrender this Lease or the Leased Premises, or (ii) exercise any right of Set-Off of any Monetary Obligations.
Appears in 1 contract