Common use of Absolute Net Lease Clause in Contracts

Absolute Net Lease. All Rent payments shall be absolutely net to Landlord, free or any and all Taxes (as defined below in Section 5), Other Charges (as defined below in Section 5), and operating or other expenses of any kind whatsoever, all of which shall be paid by Tenant. Tenant shall continue to perform its obligations under this Lease even if Tenant claims it has been damaged by Landlord. Thus, Tenant shall at all times remain obligated under this Lease without any right of set-off, counterclaim, abatement, deduction, reduction or defense of any kind. Tenant's sole right to recover damages against Landlord under this Lease shall be to prove such damages in a separate action.

Appears in 2 contracts

Samples: Lease Agreement (Adcare Health Systems, Inc), Lease Agreement (Adcare Health Systems, Inc)

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Absolute Net Lease. All Rent payments shall be absolutely net to Landlord, free or of any and all Taxes (as defined below in Section 5)Taxes, Other Charges (as defined below in Section 5)Charges, and operating or other expenses of Tenant of any kind whatsoeverwhatsoever relating to the Premises, all of which shall be paid by Tenant. Tenant shall continue to perform its obligations under this Lease even if Tenant claims that it has been damaged by LandlordLandlord or Landlord has defaulted hereunder. Thus, Tenant shall at all times remain obligated under this Lease without any right of set-off, counterclaim, abatement, deduction, reduction or defense of any kind. Tenant's ’s sole right to recover damages against Landlord under this Lease shall be to prove such damages in a separate action.

Appears in 2 contracts

Samples: Master Lease and Security Agreement (Brookdale Senior Living Inc.), Master Lease and Security Agreement (Brookdale Senior Living Inc.)

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Absolute Net Lease. All Rent payments shall be absolutely net to Landlord, free or of any and all Taxes (as defined below in Section 5)Taxes, Other Charges (as defined below in Section 5)Charges, and operating or other expenses of in connection with the Premises and its operation (except for any kind whatsoeverexpenses expressly allocated to Landlord under this Lease), all of which shall be paid by Tenant. Tenant shall continue to perform its obligations under this Lease even if Tenant claims that it has been damaged by LandlordLandlord or Landlord has defaulted hereunder. Thus, Tenant shall at all times remain obligated under this Lease without any right of set-off, counterclaim, abatement, deduction, reduction abatement or defense deduction of any kind. Tenant's ’s sole right to recover damages against Landlord under this Lease shall be to prove such damages in a separate actionaction or in a counterclaim to an action brought by Landlord.

Appears in 1 contract

Samples: Master Lease (Ardent Health Partners, LLC)

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