Fully Net Lease Sample Clauses
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Fully Net Lease. This Lease will be a carefree fully net Lease for the Landlord, except if an item is expressly stated to be for the Landlord's account. Otherwise, the Tenant will pay ail outgoings with respect to the Premises, their use, occupancy, and contents including its Share of Operating Costs and Taxes, and the Cost of Additional Services. The Tenant will also pay its costs of carrying out its obligations under this Lease.
Fully Net Lease. Landlord and Tenant hereby acknowledge that this Lease is a fully net lease, and that notwithstanding anything to the contrary contained herein, Tenant shall be solely responsible for Tenant’s Share of all costs and expenses incurred by either Landlord or Tenant for the maintenance and repair of the Premises and Building except to the extent specifically excluded pursuant to Section 4.2.4 and except as provided in Section 7.2 below.
Fully Net Lease. This Lease is intended to be a fully net lease, it being the intention of the parties hereto that Landlord will have and enjoy the Rent without notice or demand, and without set‑off, counterclaim, recoupment, abatement, suspension, deferment, diminution, deduction, reduction or defense, except as herein specifically provided. Nothing herein contained, however, will be construed so as to require Master Tenant to pay or be liable for any gift, inheritance, estate, franchise, income, profit, capital or similar tax, or any other tax in lieu of any of the foregoing, imposed upon Landlord, or any successor or assign of Landlord. Landlord and Master Tenant agree that this Lease is a true lease and does not represent a financing arrangement, joint venture, management arrangement, or any arrangement other than a true lease. Each party shall reflect the transactions represented by this Lease in all applicable books, records and reports (including, without limitation, income tax filings) in a manner consistent with “true lease” treatment.
Fully Net Lease. This Sublease is intended, and is hereby declared, to be a fully net lease, it being the intention of the parties hereto that Sublessor shall have and enjoy the Rent herein reserved to Sublessor without deduction therefrom. It is the parties' further intention that Subtenant shall pay all expenses of owning, operating and maintaining the Premises. Nothing herein contained, however, shall be construed so as to require the Subtenant to pay or be liable for any gift, ▇▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇come, profit, capital or similar tax, or any other tax in lieu of any of the foregoing, imposed upon the Sublessor, or any successor or assign of Sublessor, unless such tax shall be imposed or levied upon or with respect to rents payable to Sublessor herein in lieu of real estate taxes upon the Premises.
Fully Net Lease. This Lease is intended to be a fully net lease; it being the intention of the parties hereto that Landlord will have and enjoy the Rent without notice or demand. All costs and expenses of every kind and nature arising out of the use and occupancy of the Demised Premises, including, but not limited to, taxes, real and personal, and all special and third party assessments or common area maintenance charges applicable to the Demised Premises, maintenance, and insurance as set forth below, are payable by Tenant. Tenant has the obligation to and shall pay all sales or use taxes (including any taxes assessed on rental income) imposed by any state, county or municipal taxing authority and shall hold Landlord, its members, officers, directors, partners, employees, agents and Landlord’s successors and assigns harmless from any liability therefor. Tenant shall, within thirty (30) days of receipt of Landlord’s written request, provide Landlord with commercially reasonable documentation evidencing all such payments. Further, any tax paid by Landlord in connection with this Lease, except income tax, but including, without limitation, any rental or similar tax imposed on rents, shall be paid by Tenant to Landlord upon demand.
Fully Net Lease. This Lease is intended, and is hereby declared to be, a fully “net” lease, it being the intention of the parties hereto that Landlord shall have and enjoy the rent herein reserved to it without deduction therefrom free of any expense, charge or other deduction whatsoever, with respect to the Property and the ownership, operation, management, maintenance, repair, use or occupation thereof during the Term. Nothing herein contained shall be construed, however, so as to require Tenant to pay or be liable for any gift, inheritance, property, franchise, income, profit, capital or similar tax, or any other tax in lieu of any of the foregoing, imposed upon Landlord, or the successors or assigns of Landlord, unless such tax shall be imposed or levied upon or with respect to rents payable to Landlord herein in lieu of real property taxes upon the property.
Fully Net Lease. This is a fully “NET” lease in the most absolute sense. Landlord shall receive the Rent free from all taxes, insurance, utilities, maintenance or other charges imposed upon or by reason of the Premises.