Common use of Net Lease; Nonterminability Clause in Contracts

Net Lease; Nonterminability. (a) This Lease is an absolutely "net lease" and Lessee shall pay all Basic Rent and Additional Rent without notice, demand, counterclaim, set-off, deduction, or defense, and without abatement, suspension, deferment, diminution or reduction, free from any charges, assessments, impositions, expenses or deductions of any and every kind or nature whatsoever. All costs, expenses and obligations of every kind and nature whatsoever relating to the Leased Property and the appurtenances thereto and the use and occupancy thereof by Lessee or anyone claiming by, through or under Lessee as lessee hereunder which may arise or become due during or with respect to the Term shall be paid by Lessee. Lessee assumes the sole responsibility for the condition, use, operation, maintenance and management of the Leased Property and Lessor shall have no responsibility in respect thereof and shall have no liability for damage to the property of Lessee or any sublessee of Lessee or anyone claiming by, through or under Lessee for any reason whatsoever, unless such damage is caused by the negligence of Lessor or Lessor's agents, contractors, invitees or employees, provided, that such negligence shall not entitle Lessee to abate, suspend, defer, diminish or reduce the payment of Basic Rent xxx Additional Rent.

Appears in 2 contracts

Samples: Lease Agreement (Ipec Holdings Inc), Lease Agreement (Ipec Holdings Inc)

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Net Lease; Nonterminability. (a) This Master Lease is an absolutely a "net lease." and Lessee shall pay Any present or future law to the contrary notwithstanding, all Basic Rent and Additional Rent without notice, demand, counterclaim, set-off, deduction, or defense, and without abatement, suspension, deferment, diminution or reduction, free from any charges, assessments, impositions, expenses or deductions of any and every kind or nature whatsoever. All costs, expenses and obligations of every kind and nature whatsoever relating to the Leased Property Properties and the appurtenances thereto and the use and occupancy thereof by Lessee or anyone claiming by, through or under Lessee as lessee hereunder which may arise or become due during or with respect to the period constituting the Term hereof applicable to each Leased Property shall be paid by Lessee, and Lessee shall indemnify the Indemnified Parties against any of the foregoing as provided herein and in the other Transaction Documents. Lessee assumes assumes, during the Term of this Master Lease applicable to each Leased Property, the sole responsibility for the condition, use, operation, maintenance maintenance, subletting and management of the such Leased Property and Lessor Property; neither Owner nor any other Indemnified Party shall have no any responsibility in respect thereof and thereof, nor shall Owner nor any other Indemnified Party have no any liability for damage incurred by any Person or for damage to the property of Lessee or any sublessee of Lessee or anyone claiming by, through or under Lessee for any reason whatsoever. Without limiting the generality of the foregoing, unless such damage is caused by during the negligence Term of Lessor this Master Lease, Lessee shall perform all of the obligations of the sublessor under any subleases affecting all or Lessor's agents, contractors, invitees or employees, provided, that such negligence shall not entitle any part of the Leased Properties which Lessee to abate, suspend, defer, diminish or reduce may hereinafter enter into as sublessor and all of the payment obligations of Basic Rent xxx Additional Rentthe Owner under the Ground Leases as set forth in Section 12.

Appears in 1 contract

Samples: Master Lease Agreement (Alterra Healthcare Corp)

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Net Lease; Nonterminability. (a) This Lease is an absolutely "net lease" and Lessee shall pay all Basic Rent and Additional Rent without notice, demand, counterclaim, set-off, deduction, or defense, and without abatement, suspension, deferment, diminution or reduction, free from any charges, assessments, impositions, expenses or deductions of any and every kind or nature whatsoever. All costs, expenses and obligations of every kind and nature whatsoever relating to the Leased Property and the appurtenances thereto and the use and occupancy thereof by Lessee or anyone claiming by, through or under Lessee as lessee hereunder which may arise or become due during or with respect to the Term shall be paid by Lessee. Lessee assumes the sole responsibility for the condition, use, operation, maintenance and management of the Leased Property and Lessor shall have no responsibility in respect thereof and shall have no liability for damage to the property of Lessee or any sublessee of Lessee or anyone claiming by, through or under Lessee for any reason whatsoever, unless such damage is caused by the negligence or intentional wrongful acts of Lessor or Lessor's agents, contractors, invitees or employees, provided, that such negligence shall not entitle Lessee to abate, suspend, defer, diminish or reduce the payment of Basic Rent xxx Additional Rent.

Appears in 1 contract

Samples: Lease Agreement (Bway Corp)

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