Net Rent. It is the intent of the Landlord and Tenant that this Lease shall yield, net to Landlord, the Base Rent specified and all Additional Rent and charges in each month during the term of the Lease, and that all costs, expenses and obligations of every kind relating to the Leased Premises shall be paid by the Tenant, unless expressly assumed by the Landlord.
Net Rent. It is the purpose and intent of the Landlord and Tenant that the rent shall be absolutely net to Landlord, so that this lease shall yield, net, to Landlord, the rent specified in Article 3 hereof in each month during the term of the lease, and that all costs, expenses and obligations of every kind and nature whatsoever relating to the Leased Premises which may arise or become due during or out of the term of this lease, shall be paid by the Tenant, except for such obligations and charges as have otherwise expressly been assumed by the Landlord in accordance with the terms and conditions of the lease. Nothing herein shall require the Tenant to undertake obligations in connection with the sale or mortgaging of the Leased Premises, unless otherwise expressly provided in accordance with the terms and conditions of this lease.
Net Rent. It is the intention of the Parties that the Rent received by Landlord be net of any Taxes of any sort to be paid by Landlord. If it is not lawful for Tenant to reimburse Landlord for any of the Taxes, the Minimum Monthly Rent shall be increased by the amount equal to the Taxes allocable to Tenant so as to net to Landlord the amount that it would have received if such Tax had not been imposed.
Net Rent. The term “Net Rent” means the base net rent due for the Subleased Premises during the Sublease Term in the amounts set forth on Exhibit “E” attached hereto:
Net Rent. Sublessee shall pay to Sublessor monthly rent in advance, on the first day of each month during the Term, in accordance with the Rent Schedule attached hereto as Exhibit B. Rent under this Sublease shall be paid without deduction or set-off, except to the extent allowed "Lessee" in the Dominant Lease, in which event there shall be a dollar-for-dollar reduction in the amount of rent payable hereunder during any period of the Term when rent is not payable by Sublessor thereunder. Prior to the Commencement Date, Sublessor shall permit Sublessee without payment of rent to have access (with keys) and to occupy for the purpose of inspecting the Subleased Premises and, at Sublessee's expense and risk, the Subleased Premises (i) to begin work on cabling and other computer-related 2 installation; (ii) to move certain personalty of Sublessee's into the Subleased Premises; and (ii) for storage use and fixturing prior to the Commencement Date. Should the Commencement Date occur on other than the 1st day of a calendar month or should the Expiration Date occur on any day except the last day of a calendar month, the monthly rent for that month shall be prorated based on the number of days Sublessee actually occupies the Subleased premises. Upon Commencement Date, Sublessee shall have the right to fully occupy the entire Subleased Premises consisting of 25,812 rentable square feet; provided, however, Sublessee intends, and shall have the right, to advertise for and subsublease the approximately 5,300 square foot portion of the Subleased Premises which has its own separate entrances and exits (the "5,300 feet"). Any rentals received by Sublessee from the 5,300 Feet from any subsubtenant shall belong solely to Sublessee, notwithstanding anything to the contrary contained in this Sublease or the Dominant Lease.
Net Rent. Effective as of the Additional 17th Floor Premises Rent Commencement Date, (i) Exhibit E – First Amended of the Sublease shall be deleted in its entirety and Exhibit E – Second Amended attached hereto shall be substituted therefor and (ii) the Net Rent payable by Subtenant to Sublandlord in respect of the Subleased Premises from and after the Additional 17th Floor Premises Rent Commencement Date shall be as set forth on Exhibit E – Second Amended attached hereto.
Net Rent. It is the intention of the Lessor and the Lessee that the rent herein specified shall be net to the Lessor in each month during the term of this lease; that all costs, expenses, and obligations of every kind relating to the Demised Premises, except as may be specifically otherwise provided in this Lease, which may arise or become due during the term of this lease shall be paid by the Lessee; and that the Lessor shall be indemnified by the Lessee against such costs, expenses and obligations. Without limiting the generality of the foregoing provision, the parties agree that:
Net Rent. Rent payable under this Sublease will be net and care free to the Sublandlord, and will be payable without deduction or set-off by the Subtenant throughout the Sublease Term. All costs incurred by the Sublandlord in collecting any amounts payable hereunder or enforcing any right or obligation of the Subtenant under this Sublease will be payable by the Subtenant on demand and will be deemed to be Rent for all purposes from the date demand therefor is made. In addition to Rent hereunder, the Subtenant will remit to the Sublandlord any goods and services tax or other tax or imposition collectible by the Sublandlord for the use of the Sublet Premises by the Subtenant or goods or services provided to the Subtenant, and the Sublandlord will be entitled to exercise all remedies in respect of any failure by the Subtenant to pay such amounts as if they were Rent in arrears. From the date any Rent or other amounts payable under this Sublease are due until they are actually paid, they will bear interest at the rate of [percentage] % per annum.
Net Rent. Net Rent during the Term shall be due and payable monthly in arrears on each Payment Date in an amount determined by multiplying (1) the then applicable Acquisition Price for the Property times (2) the lesser of the Applicable Rate for the LIBO Rate Period in which such month falls or the highest lawful rate times (3) a fraction, the numerator of which is the actual number of days in the month in question, and the denominator of which is 360 (or if the highest lawful rate is used in lieu of the Applicable Rate, 365 or 366, as applicable).
Net Rent. It is the intent of Landlord and Tenant that the Basic Monthly Rent and all other rent and sums payable by Tenant to Landlord under this Lease be absolutely net to Landlord and that Tenant shall, except as expressly hereinafter provided, pay (either directly or by payment to Landlord of Tenant’s share of any expenses or costs pursuant to any provision of this Lease) for all insurance, taxes, utilities, repairs, operating expenses, maintenance and all other services and costs relating to the Premises and to Tenant’s use thereof.
