Common use of No Adjustments or Offsets Clause in Contracts

No Adjustments or Offsets. This Lease is intended to be a net lease, meaning that except for any Rent abatement and set-off rights specifically set forth in this Lease or in Section 14.2 of the CEA, the Rent provided for herein shall be paid to Lessor without deduction for any expenses, charges, insurance, taxes or set-offs whatsoever of any kind, character or nature; it being understood and agreed to by Lessee that as between Lessee and Lessor, Lessee shall bear responsibility for the payment of all costs and expenses associated with the management, operation, maintenance and leasehold improvements of the Leased Premises, including without limitation all costs and expenses described in Article VI. Under no circumstances will Lessor be required to make any payment on Lessee’s behalf or for Lessee's benefit under this Lease, or assume any monetary obligation of Lessee or with respect to the Leased Premises under this Lease.

Appears in 2 contracts

Samples: Cooperative Endeavor Agreement, Master Hospital Lease Agreement

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No Adjustments or Offsets. This Lease is intended to be a net lease, meaning that except for any Rent abatement and set-off rights specifically set forth in this Lease or in Section 14.2 of the CEA, the Rent provided for herein shall be paid to Lessor without deduction for any expenses, charges, insurance, taxes or set-offs whatsoever of any kind, character or nature; it being understood and agreed to by Lessee Xxxxxx that as between Lessee and Lessor, Lessee shall bear responsibility for the payment of all costs and expenses associated with the management, operation, maintenance and leasehold improvements of the Leased Premises, including without limitation all costs and expenses described in Article VI. Under no circumstances will Lessor be required to make any payment on LesseeXxxxxx’s behalf or for LesseeXxxxxx's benefit under this Lease, or assume any monetary obligation of Lessee or with respect to the Leased Premises under this Lease.

Appears in 2 contracts

Samples: Master Hospital Lease Agreement, Cooperative Endeavor Agreement

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No Adjustments or Offsets. This Lease is intended to be a net lease, meaning that except for any Rent abatement and set-off rights specifically set forth in this Lease or in Section 14.2 15.2 of the CEA, the Rent provided for herein shall be paid to Lessor without deduction for any expenses, charges, insurance, taxes or set-offs whatsoever of any kind, character or nature; it being understood and agreed to by Lessee that as between Lessee and Lessor, Lessee shall bear responsibility for the payment of all costs and expenses associated with the management, operation, maintenance and leasehold improvements of the Leased Premises, including without limitation all costs and expenses described in Article VI. Under no circumstances will Lessor be required to make any payment on Lessee’s behalf or for Lessee's benefit under this Lease, or assume any monetary obligation of Lessee or with respect to the Leased Premises under this Lease.

Appears in 1 contract

Samples: Master Hospital Lease Agreement

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