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

Net-Net-Net Lease. This Lease shall be deemed and construed to be a "net-net-net lease" and the Lessee hereby agrees that Rent Payments shall be an absolute net return to the Lessor, 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 Each Lease Agreement shall be deemed and construed to be a "net-net-net lease" and the Lessee hereby agrees that Rent the Rental Payments shall be an absolute net return to the Lessor, free and clear of any expenses, charges, charges or set-offs whatsoever, except to the extent expressly provided in the related Lease Agreement.

Appears in 1 contract

Samples: Master Lease/Purchase Agreement

Net-Net-Net Lease. This Lease Agreement shall be deemed and construed to be a "net-net-net lease" ,” and the Lessee hereby agrees that Rent the Lease Payments shall be an absolute net return to the Lessor, free and clear of any expenses, charges, charges or set-offs whatsoever, irrespective of any defense or any right of recoupment or counterclaim that the Lessee may have against the Lessor.

Appears in 1 contract

Samples: Lease Purchase Agreement

Net-Net-Net Lease. This Lease shall be deemed and construed to be a "net-net-net lease" and the Lessee hereby agrees that Rent the Lease Payments shall be an absolute net return to the Lessor, free and clear of any expenses, charges, charges or set-offs whatsoever, except as expressly provided herein.

Appears in 1 contract

Samples: Lease Agreement

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Net-Net-Net Lease. This Lease shall be deemed and construed to be a "net-net-net lease" and the Lessee hereby agrees that Rent Payments shall be an absolute net return to the Lessor, free and clear of any expenses, charges, or set-offs whatsoever.

Appears in 1 contract

Samples: Lease Purchase Agreement

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