Common use of Special Net Lease Clause in Contracts

Special Net Lease. This Lease is what is commonly called a "Net, Net, Net Lease", it being understood that the Lessor shall receive the rent set forth in Paragraph 4.1 free and clear of any and all other impositions, taxes, liens, charges or expenses of any nature whatsoever in connection with the ownership and operation of the Premises. In addition to the rent reserved by Paragraph 4.1, Lessee shall pay to the parties respectively entitled thereto all impositions, insurance premiums, operating charges, maintenance charges, construction costs, and any other charges, costs and expenses which arise or may be contemplated under any provisions of this Lease during the term hereof. All of such charges, costs and expenses shall constitute additional rent, and upon the failure of Lessee to pay any of such costs, charges or expenses, Lessor shall have the same rights and remedies as otherwise provided in this Lease for the failure of Lessee to pay rent. It is the intention of the parties hereto that this Lease shall not be terminable for any reason by the Lessee, and that Lessee shall in no event be entitled to any abatement or of reduction in rent payable under this Lease, except as herein expressly provided. Any present or future law to the contrary shall not alter this agreement of the parties.

Appears in 4 contracts

Samples: Butterfield & Butterfield Auctioneers Corp, Butterfield & Butterfield Auctioneers Corp, Butterfield & Butterfield Auctioneers Corp

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Special Net Lease. This Lease is what is commonly called a "Net, Net, Net Lease", ," it being understood that the Lessor shall Landlord will receive the rent set forth in Paragraph Section 4.1 free and clear of any and all other impositions, taxes, liens, charges or expenses of any nature whatsoever in connection with the ownership and operation of the Premises. In addition to the rent reserved required by Paragraph Section 4.1, Lessee and to the other amounts payable by Tenant pursuant to this Lease, Tenant shall pay to the parties respectively entitled thereto all other impositions, insurance premiums, operating charges, maintenance charges, construction costs, costs and any other charges, costs and expenses which arise or may be contemplated under any provisions provision of this Lease during the term hereof. All of such charges, costs and expenses shall constitute additional rent, and upon the failure of Lessee Tenant to pay any of such costs, charges or expenses, Lessor Landlord shall have the same rights and remedies as otherwise provided in this Lease for the failure of Lessee Tenant to pay rent. It is the intention of the parties hereto that this Lease shall not be terminable for any reason by the LesseeTenant, and that Lessee Tenant shall in no event be entitled to any abatement of or of reduction in rent payable under this Lease, except as herein expressly provided. Any present or future law to the contrary shall not alter this agreement of the parties.

Appears in 3 contracts

Samples: www.prcity.com, www.prcity.com, www.prcity.com

Special Net Lease. This Lease is what is commonly called a ------------- ----------------- "Net, Net, Net Lease", it is being understood that the Lessor shall receive the rent set forth in Paragraph 4.1 Section 4.01 free and clear of any and all other impositions, taxes, liens, charges or expenses of any nature whatsoever relating to the Premises except as otherwise provided in connection with the ownership and operation of the Premisesthis Lease. In addition to the rent reserved by Paragraph 4.1Section 4.01., Lessee shall pay to the parties respectively entitled thereto all impositions, insurance premiums, taxes, assessments, operating charges, management fees, maintenance charges, construction costs, and any other charges, costs and expenses which arise or may be contemplated under any provisions of this Lease for the entire Premises during the term hereof. All of such charges, costs and expenses shall constitute additional rent, and upon the failure of Lessee to pay any of such costs, charges or expenses, Lessor shall have the same rights and remedies as otherwise provided in this Lease for the failure of Lessee to pay rent. It is the intention of the parties hereto that this Lease shall not be terminable for any reason by the LesseeLessee except as set forth in Section 3.01, and that Lessee shall in no event be entitled to any abatement of or of reduction in rent payable under this Lease, except as herein expressly provided. Any present or future law to the contrary shall not alter this agreement of the parties.

Appears in 2 contracts

Samples: Industrial Lease (Valicert Inc), Industrial Lease (Valicert Inc)

Special Net Lease. This Lease is what is commonly called a "β€œNet, Net, Net Lease"”, it is being understood that the Lessor shall receive the rent set forth in Paragraph 4.1 Section 4.01 free and clear of any and all other impositions, taxes, liens, charges or expenses of any nature whatsoever relating to the Premises except as otherwise provided in connection with the ownership and operation of the Premisesthis Lease. In addition to the rent reserved by Paragraph 4.1Section 4.01, Lessee shall pay to the parties respectively entitled thereto all impositions, insurance premiums, taxes, assessments, operating charges, management fees, maintenance charges, construction costs, and any other charges, costs and expenses which arise or may be contemplated under any provisions of this Lease for the entire Premises during the term hereof. All of such charges, costs and expenses shall constitute additional rent, and upon the failure of Lessee to pay any of such costs, charges or expenses, Lessor shall have the same rights and remedies as otherwise provided in this Lease for the failure of Lessee to pay rent. It is the intention of the parties hereto that this Lease shall not be terminable for any reason by the LesseeLessee except as set forth in Section 3.01, and that Lessee shall in no event be entitled to any abatement of or of reduction in rent payable under this Lease, except as herein expressly provided. Any present or future law to the contrary shall not alter this agreement of the parties.

Appears in 1 contract

Samples: And Attornment Agreement (NeoStem, Inc.)

Special Net Lease. This Lease is what is commonly called a "Net, Net, Net Lease", it being understood that the Lessor shall receive the rent set forth in Paragraph 4.1 free and clear of any and all other impositions, taxes, liens, charges or expenses of at any nature whatsoever in connection with the ownership and operation of operational the Premises. In addition to the rent reserved by Paragraph 4.1, Lessee shall pay to the parties respectively entitled thereto all impositions, insurance premiums, operating charges, maintenance charges, construction costs, and any other charges, costs and expenses which arise or may be contemplated under any provisions of this Lease during the term hereof. All of such charges, costs and expenses shall constitute additional rent, and upon the failure of Lessee to pay any of such costs, charges or expenses, . Lessor shall have the same rights and remedies as otherwise provided in this Lease for the failure of Lessee to pay rent. It is the intention of the parties hereto that this Lease shall not be terminable for any reason by the Lessee, and that Lessee shall in no event be entitled to any abatement of or of reduction in rent payable under this Lease, except as herein expressly provided. Any present or future law to the contrary shall not alter this agreement of the parties.

Appears in 1 contract

Samples: Industrial Lease (Newstar Media Inc)

Special Net Lease. This Lease is what is commonly called a "Net, Net, Net Lease", it being understood that the Lessor shall receive the rent set forth in Paragraph 4.1 free and clear of any and all other impositions, taxes, liens, charges or expenses of any nature whatsoever in connection with the ownership and operation of the Premises. In addition to the rent reserved by Paragraph 4.1, Lessee shall pay to the parties respectively entitled thereto all impositions, insurance premiums, operating charges, maintenance charges, construction costs, and any other charges, costs and expenses which arise or may be contemplated under any provisions of this Lease during the term hereof. All of such charges, costs and expenses shall constitute additional rent, and upon the failure of Lessee to pay any of such costs, charges or expenses, Lessor shall have the same rights and remedies as otherwise provided in this Lease for the failure of Lessee to pay rent. It is the intention of the parties hereto that this Lease shall not be terminable for any reason by the Lessee, and that the Lessee shall in no event be entitled to any abatement of or of reduction in rent payable under this Lease, except as herein expressly provided. Any present or future law to the contrary shall not alter this agreement of the parties.

Appears in 1 contract

Samples: Industrial Lease (Leiner Health Products Inc)

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Special Net Lease. This Lease is what is commonly called a "Net, Net, Net Lease", it being understood that the Lessor shall receive the rent set forth in Paragraph 4.1 free and clear of any and all other impositions, taxes, liens, charges or expenses of any nature whatsoever in connection with the ownership and operation of the Premises. In addition to the rent reserved by Paragraph 4.1, Lessee shall pay to the parties respectively entitled thereto all impositions, insurance premiums, operating charges, maintenance charges, construction costs, and any other charges, costs and expenses which arise or may be contemplated under any provisions of this Lease during the term hereof. All of such charges, costs and expenses shall constitute additional rent, and upon the failure of Lessee to pay any of such costs, charges or expenses, Lessor shall have the same rights and remedies as otherwise provided in this Lease for the failure of Lessee to pay rent. It is the intention of the parties hereto that this Lease shall not be terminable for any reason by the Lessee, and that Lessee shall in no event be entitled to any abatement of or of reduction in rent payable under this Lease, except as herein expressly provided. Any present or future law to the contrary shall not alter this agreement of the parties.

Appears in 1 contract

Samples: Xoma Corp /De/

Special Net Lease. This Lease is what is commonly called a ----------- ----------------- "Net, Net, Net Lease", it being understood that that, commencing with the first month of the Lease Term, the Lessor shall receive the rent set forth in Paragraph Section 4.1 free and clear of any and all other impositions, taxes, liens, charges or expenses of any nature whatsoever except as otherwise provided in connection with the ownership and operation of the Premisesthis agreement. In addition to the rent reserved by Paragraph Section 4.1, Lessee shall pay to the parties respectively entitled thereto all impositions, insurance premiums, taxes, assessments, operating charges, management fees, maintenance charges, construction costs, and any other charges, costs and expenses which arise or may be contemplated under any provisions of this Lease for the entire Premises during the term hereof. All of such charges, costs and expenses shall constitute additional rent, and upon the failure of Lessee to pay any of such costs, charges or expenses, Lessor shall have the same rights and remedies as otherwise provided in this Lease for the failure of Lessee to pay rent. It is the intention of the parties hereto that this Lease shall not be terminable for any reason by the Lessee, and that Lessee shall in no event be entitled to any abatement of or of reduction in rent payable under this Lease, except as herein expressly provided. Any present or future law to the contrary shall not alter this agreement of the parties.

Appears in 1 contract

Samples: Dendreon Corp

Special Net Lease. This Lease is what is commonly called a "Net, Net, Net Lease", it being understood that the Lessor shall receive the rent set forth in Paragraph 4.1 free and clear of any and all other impositions, taxes, liens, charges or expenses of any nature whatsoever in connection with the ownership and operation of the Premises. In addition to the rent reserved by Paragraph 4.1, Lessee shall pay to the parties respectively entitled thereto all impositions, insurance premiums, operating charges, maintenance charges, construction costs, and any other charges, costs and expenses which arise or may be contemplated under any provisions of under this Lease during the term hereof. All of such charges, costs and expenses shall constitute additional rent, and upon the failure of Lessee to pay any of such costs, charges or expensesexpenses when due and payable, Lessor shall have the same rights and remedies as otherwise provided in this Lease for the failure of Lessee to pay rent. It is the intention of the parties hereto that this Lease shall not be terminable for any reason by the Lessee, and that Lessee shall in no event be entitled to any abatement of or of reduction in rent payable under this Lease, except as herein expressly provided. Any present or future law to the contrary shall not alter this agreement of the parties.

Appears in 1 contract

Samples: Lease Agreement (California Culinary Academy Inc)

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