Common use of Net-Net-Net Lease Clause in Contracts

Net-Net-Net Lease. This Lease shall be deemed and construed to be a “net- net-net lease” and the District hereby agrees that the Lease Payments shall be an absolute net return to the Lessor, free and clear of any expenses, charges or set-offs whatsoever, except as expressly provided herein.

Appears in 2 contracts

Samples: Lease/Purchase Agreement, Lease/Purchase Agreement

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Net-Net-Net Lease. This Lease shall be deemed and construed to be a “net- net-net-net lease” and the District hereby agrees that the Lease Payments shall be an absolute net return to the LessorCorporation, free and clear of any expenses, charges or set-offs whatsoever, except as expressly provided herein.

Appears in 2 contracts

Samples: Lease Agreement, Lease Agreement

Net-Net-Net Lease. This Lease shall be deemed and construed to be is a “net- net-net-net lease” and (or “triple-net lease”)and the District hereby agrees that the Lease Payments shall be are an absolute net return to the LessorBank, free and clear of any expenses, charges or set-offs whatsoever, except as expressly provided herein.

Appears in 2 contracts

Samples: Lease Purchase Agreement, Lease Purchase Agreement

Net-Net-Net Lease. This Lease shall be deemed and construed to be Agreement is a “net- net-net-net lease” and the District hereby agrees that the Lease Payments shall be are an absolute net return to the LessorCorporation, free and clear of any expenses, charges or set-offs whatsoever, except as expressly provided herein.

Appears in 1 contract

Samples: Lease Agreement

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Net-Net-Net Lease. This Lease shall be deemed and construed to be is a “net- net-net-net lease” and the District hereby agrees that the Lease Payments shall be are an absolute net return to the LessorCorporation, free and clear of any expenses, charges or set-offs whatsoever, except as expressly provided herein.

Appears in 1 contract

Samples: Lease Agreement

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