Common use of NET LEASE; NO OFFSET Clause in Contracts

NET LEASE; NO OFFSET. The Rent shall be paid absolutely net to Landlord, so that this Lease shall yield to Landlord the full amount of the installments of Base Rent and Additional Charges payable hereunder throughout the Term, subject to the terms and conditions hereof. This Lease is and shall be a "pure-net" or "triple-net" lease, as such terms are commonly used in the real estate industry, it being intended that Tenant shall pay all costs, expenses and charges arising out of the use, occupancy and operation of the Leased Property, without any offset, deduction, abatement, or counterclaim whatsoever. Landlord shall not be required to furnish any services whatsoever to the Facility or to make any payment of any kind whatsoever; and Landlord shall not be responsible for any loss or damage to any property of Tenant, or any other user or occupant of any part of the Facility, absent the gross negligence or willful misconduct of Landlord, its employees or agents.

NET LEASE; NO OFFSET. The Rent shall be paid absolutely net to Landlord, so that this Lease shall yield to Landlord the full amount of the installments of Base Rent, Earn Out Rent (if any) and Additional Charges payable hereunder throughout the Term, subject to the terms and conditions hereof. This Lease is and shall be a "pure-net" or "triple-net" lease, as such terms are commonly used in the real estate industry, it being intended that Tenant shall pay all costs, expenses and charges arising out of the use, occupancy and operation of the Leased PropertyProperties, without any offset, deduction, abatement, or counterclaim whatsoever. Landlord shall not be required to furnish any services whatsoever to the Facility any Facilities or to make any payment of any kind whatsoever; and Landlord shall not be responsible for any loss or damage to any property of Tenant, or a Facility Subtenant or any other user or occupant of any part of the any Facility, absent the gross negligence or willful misconduct of Landlord, its employees or agents.

NET LEASE; NO OFFSET. The Rent shall be paid absolutely net to Landlord, so that this Lease shall yield to Landlord the full amount of the installments of Base Rent and Additional Charges payable hereunder throughout the Term, subject to the terms and conditions hereof. This Lease is and shall be a "pure-net" or "triple-net" lease, as such terms are commonly used in the real estate industry, it being intended that Tenant shall pay all costs, expenses and charges arising out of the use, occupancy and operation of the Leased PropertyProperties, without any offset, deduction, abatement, or counterclaim whatsoever. Landlord shall not be required to furnish any services whatsoever to the Facility any Facilities or to make any payment of any kind whatsoever; and Landlord shall not be responsible for any loss or damage to any property of Tenant, or any other user or occupant of any part of the any Facility, absent the gross negligence or willful misconduct of Landlord, its employees or agents.

NET LEASE; NO OFFSET. The Rent shall be paid absolutely net to Landlord, so that this Lease shall yield to Landlord the full amount of the installments of Base Rent and Additional Charges payable hereunder throughout the Term, subject to the terms and conditions hereof. This Lease is and shall be a "pure-net" or "triple-net" lease, as such terms are commonly used in the real estate industry, it being intended that Tenant shall pay all costs, expenses and charges arising out of the use, occupancy and operation of the Leased PropertyProperties, without any offset, deduction, abatement, or counterclaim whatsoever. Landlord shall not be required to furnish any services whatsoever to the Facility any Facilities or to make any payment of any kind whatsoever; and Landlord shall not be responsible for any loss or damage to any property of Tenant, or a Facility Subtenant or any other user or occupant of any part of the any Facility, absent the gross negligence or willful misconduct of Landlord, its employees or agents.