Common use of Triple Net Lease Clause in Contracts

Triple Net Lease. This Lease is what is commonly called a “Net, Net, Net Lease,” it being understood that Landlord shall receive the rent set forth in Paragraph 3.1 hereof 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 Leased Premises (excluding payments of any mortgage or deed of trust voluntarily incurred by Landlord).

Appears in 3 contracts

Samples: Industrial Real Property Lease (Thermadyne Australia Pty Ltd.), Industrial Real Property Lease (Thermadyne Australia Pty Ltd.), Industrial Real Property Lease (Thermadyne Australia Pty Ltd.)

AutoNDA by SimpleDocs

Triple Net Lease. This Lease is what is commonly called referred to as a “Net, Net, Triple Net Lease,” it being understood that Landlord shall receive the rent Base Rent set forth in Paragraph 3.1 hereof Section 4.02 free and clear of any and all other expenses, costs, impositions, taxes, liensassessments, liens or charges or expenses of any nature whatsoever in connection with the ownership and operation of the Leased Premises (excluding payments of any mortgage or deed of trust voluntarily incurred by Landlord)whatsoever.

Appears in 1 contract

Samples: Office Lease (Treaty Oak Bancorp Inc)

Triple Net Lease. This Lease is what is commonly called a “Net, Net, Net Net” or “triple-net” Lease,” , it being understood that that, except as otherwise expressly provided herein, Landlord shall receive the rent set forth in Paragraph 3.1 hereof all Base Rent 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 Leased Premises (excluding payments of any mortgage Premises. In addition to Base Rent, Tenant shall pay to the parties respectively entitled thereto, or deed of trust voluntarily incurred by Landlord).satisfy directly, all Additional Rent and other impositions,

Appears in 1 contract

Samples: Lease Agreement

Triple Net Lease. This Lease is what is commonly called a “Net, Net, Net Lease"triple net lease," it being understood that Landlord shall will receive the rent set forth in Paragraph 3.1 hereof Base Rent 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 Leased Premises (excluding payments of any mortgage or deed of trust voluntarily incurred by Landlord)Premises, except as expressly provided in this Lease.

Appears in 1 contract

Samples: Lease Agreement (Nextel Partners Inc)

AutoNDA by SimpleDocs

Triple Net Lease. This Lease is what is commonly called a “Net"net net net lease", Net, Net Lease,” it being understood that Landlord shall receive the rent set forth all Rent as provided in Paragraph 3.1 hereof this Article free and clear of any and all other impositionsImpositions, taxesencumbrances, lienscharges, charges obligations or expenses of any nature whatsoever in connection with the ownership and operation of the Leased Premises (excluding payments of any mortgage or deed of trust voluntarily incurred by Landlord).Property. In addition

Appears in 1 contract

Samples: Lease Agreement (Unison Healthcare Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!