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

Net-Net-Net Lease. This Master Facilities Lease shall be deemed and construed to be a “net-net-net lease” and the District hereby agrees that all payments it makes pursuant to the Guaranteed Project Cost Provisions indicated in Exhibit C shall be an absolute net return to Contractor, free and clear of any expenses, charges or set- offs.

Appears in 5 contracts

Samples: Master Site Lease, Master Site Lease, Master Site Lease

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Net-Net-Net Lease. This Master Facilities Lease shall be deemed and construed to be a “net-net- net-net lease” and the District hereby agrees that all payments it makes pursuant to the Guaranteed Project Cost Maximum Price Provisions indicated in Exhibit C shall be an absolute net return to Contractor, free and clear of any expenses, charges or set- set-offs.

Appears in 1 contract

Samples: Master Site Lease

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Net-Net-Net Lease. This Master Facilities Lease shall be deemed and construed to be a “net-net-net lease” and the District hereby agrees that all payments it makes pursuant to the Guaranteed Project Cost Provisions indicated in Exhibit C shall be an absolute net return to Contractor, free and clear of any expenses, charges or set- set-offs.

Appears in 1 contract

Samples: Site Lease

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