Common use of No Reduction in Rent Clause in Contracts

No Reduction in Rent. Anything in this Article 8 to the contrary notwithstanding, under no circumstances shall any decrease in Operating Expenses or Taxes in any Comparison Year below the Base Operating Expenses or Base Taxes, as the case may be, result in a reduction in the Fixed Rent or any other component of Additional Rent payable hereunder.

Appears in 4 contracts

Samples: Lease (Greenhill & Co Inc), Attornment Agreement (Greenhill & Co Inc), Disturbance and Attornment Agreement (Greenhill & Co Inc)

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No Reduction in Rent. Anything in this Article 8 to the contrary notwithstanding, under In no circumstances event shall any decrease in Operating Expenses or Taxes in any Comparison Year below the Base Operating Expenses or Base Taxes, as the case may be, result in a reduction in the Fixed Rent or any other component of Additional Rent payable hereunder.. ARTICLE 8

Appears in 1 contract

Samples: Office Lease (1stdibs.com, Inc.)

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No Reduction in Rent. Anything in this Article 8 to the contrary notwithstanding, under no circumstances shall any decrease in Operating Expenses or Taxes in any Comparison Tax Year below the Base Operating Expenses or Base Taxes, as the case may be, Taxes result in a reduction in the Fixed Rent or any other component of Additional Rent payable hereunder.

Appears in 1 contract

Samples: Agreement of Lease (Thestreet Com)

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