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

Net-Net-Net Lease. This Lease is a “net-net-net lease” (or “triple-net lease”)and the District hereby agrees that the Lease Payments are an absolute net return to the Bank, free and clear of any expenses, charges or set-offs whatsoever.

Appears in 2 contracts

Samples: Lease Purchase Agreement, Lease Purchase Agreement

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Net-Net-Net Lease. This Lease is shall be deemed and construed to be a “net-net- net-net lease” (or “triple-net lease”)and and the District hereby agrees that the Lease Payments are shall be an absolute net return to the BankLessor, free and clear of any expenses, charges or set-offs whatsoever, except as expressly provided herein.

Appears in 2 contracts

Samples: Lease/Purchase Agreement, Lease/Purchase Agreement

Net-Net-Net Lease. This Lease Agreement is a “net-net-net lease” (or “triple-net lease”)and and the District hereby agrees that the Lease Payments are an absolute net return to the BankCorporation, free and clear of any expenses, charges or set-offs whatsoever.

Appears in 1 contract

Samples: Lease Agreement

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Net-Net-Net Lease. This Lease is a “net-net-net lease” (or “triple-net lease”)and and the District hereby agrees that the Lease Payments are an absolute net return to the BankCorporation, free and clear of any expenses, charges or set-offs whatsoever.

Appears in 1 contract

Samples: Lease Agreement

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