Total Net Lease. The Tenant understands and agrees that this Lease is a total net lease (a "net, net, net lease"), whereby the Tenant has the obligation to reimburse the Landlord for a share of all costs and expenses (taxes, assessments, other charges, insurance, trash removal, Common Area operation and maintenance and like costs and expenses), incurred by the Landlord as a result of the Landlord's ownership and operation of the Area.
Appears in 3 contracts
Samples: Lease Agreement (Mentor Capital Consultants Inc), Lease Agreement (Advanced Energy Industries Inc), Lease Agreement (New Frontier Media Inc /Co/)
Total Net Lease. The Tenant understands and agrees that this Lease is a total net lease (a "net, net, net lease"), whereby the Tenant has the obligation to reimburse the Landlord for a share of all costs and expenses (taxes, assessments, other charges, insurance, trash removal, Common Area operation and maintenance and like costs and expenses), incurred by the Landlord as a result of the Landlord's ownership and operation of the Area.. Major capital improvements, such as total replacement of the roof or parking lot are not considered to be maintenance items as described in this Paragraph 6D.
Appears in 3 contracts
Samples: Lease Agreement (Heska Corp), Lease Agreement (Heska Corp), Lease Agreement (Heska Corp)
Total Net Lease. The Tenant understands and agrees that this Lease is a total net lease (a "net, net, net lease"), whereby the Tenant has the obligation to reimburse the Landlord for a share of all costs and expenses (taxes, assessments, other charges, insurance, trash removal, Common Area operation and maintenance and like costs and expenses), incurred by the Landlord as a result of the Landlord's ownership and operation of the Area.. Major capital improvements, such as total replacement of the roof or parking lot are not considered to be maintenance items as described in this Paragraph 6D.
Appears in 2 contracts
Samples: Lease Agreement (Heska Corp), Lease Agreement (Heska Corp)
Total Net Lease. The Tenant understands and agrees that this Lease is a total net lease (a "“net, net, net lease"”), whereby the Tenant has the obligation to reimburse the Landlord for a share of all costs and expenses (taxes, assessments, other charges, insurance, trash removal, Common Area operation and maintenance and like costs and expenses), incurred by the Landlord as a result of the Landlord's ’s ownership and operation of the Area.
Appears in 1 contract
Samples: Assignment and Assumption of Lease (Lsi Logic Corp)
