Common use of Net-Net-Net Lease Clause in Contracts

Net-Net-Net Lease. This Facilities Lease shall be deemed and construed to be a “net-net-net lease” and the District hereby agrees that all payments it makes pursuant to the GMP provisions in Exhibit C shall be an absolute net return to Developer, free and clear of any expenses, charges or set-offs.

Appears in 38 contracts

Samples: Facilities Lease, Facilities Lease, Facilities Lease

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Net-Net-Net Lease. This Facilities Lease shall be deemed and construed to be a “net-net-net lease” and the District hereby agrees that all payments it makes pursuant to the GMP provisions Guaranteed Maximum Price Provisions in Exhibit C shall be an absolute net return to Developer, free and clear of any expenses, charges or set-offs.

Appears in 6 contracts

Samples: Facilities Lease, Facilities Lease, Facilities Lease

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Net-Net-Net Lease. This Facilities Lease shall be deemed and construed to be a “net-net-net lease” and the District hereby agrees that all payments it makes pursuant to the GMP provisions in Exhibit C shall be an absolute net return to Developer, free and clear of any expenses, charges or set-offs.

Appears in 1 contract

Samples: Facilities Lease

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