Common use of No Reduction in Rent Clause in Contracts

No Reduction in Rent. In no event shall any decrease in Operating Expenses or Taxes in any Comparison Year below the Base Operating Expenses or Base Taxes, as the case may be, result in a reduction in the Fixed Rent or any other component of Additional Rent payable hereunder.

Appears in 8 contracts

Samples: Lease (Larimar Therapeutics, Inc.), Lease (ChromaDex Corp.), Lease (Durata Therapeutics, Inc.)

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No Reduction in Rent. In no event shall any decrease in Operating Expenses or Taxes in any Comparison Year below the Base Operating Expenses or Base Taxes, as the case may be, result in a reduction in the Fixed Rent or any other component of Additional Rent payable hereunder.

Appears in 4 contracts

Samples: Agreement of Sublease (Sunrun Inc.), Lease (Marchex Inc), Lease (E2open Inc)

No Reduction in Rent. In no event shall any decrease in Operating Expenses Expenses, or Taxes in any Comparison Year below the Base Operating Expenses Expenses, or Base Taxes, as the case may be, result in a reduction in the Fixed Rent or any other component of Additional Rent payable hereunder.

Appears in 2 contracts

Samples: Lease (Pegasystems Inc), Lease (Pegasystems Inc)

No Reduction in Rent. In in no event shall any decrease in Operating Expenses or Taxes in any Comparison Year below the Base Operating Expenses or Base Taxes, as the case may be, result in a reduction in the Fixed Rent or any other component of Additional Rent payable hereunder.

Appears in 1 contract

Samples: Sublease (K12 Inc)

No Reduction in Rent. In no event shall any decrease in Operating Expenses or Taxes Tax Expenses in any Comparison Year below the Base Operating Expenses or Base TaxesTax Expenses, as the case may be, result in a reduction in the Fixed Base Rent or any other component of Additional Rent payable hereunderRent.

Appears in 1 contract

Samples: Office Lease (Doma Holdings, Inc.)

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No Reduction in Rent. In no event shall any decrease in Operating Expenses or Taxes in any Comparison Year below the Base Operating Expenses or Base Taxes, as the case may be, result in a reduction in the Fixed Rent or any other component of Additional Rent payable hereunder, or result in a reduction of the Base Operating Expenses or Base Taxes.

Appears in 1 contract

Samples: Lease (Mindspeed Technologies, Inc)

No Reduction in Rent. In no event shall any decrease in Operating Expenses Expenses, Insurance Expenses, or Taxes in any Comparison Year below the Base Operating Expenses Expenses, Base Insurance Expenses, or Base Taxes, as the case may be, result in a reduction in the Fixed Rent or any other component of Additional Rent payable hereunder.

Appears in 1 contract

Samples: Lease (Centessa Pharmaceuticals PLC)

No Reduction in Rent. In no event shall any decrease in Taxes or Operating Expenses or Taxes in any Comparison Year below the Base Operating Expenses Taxes or Base TaxesOperating Expenses, as the case may berespectfully, result in a reduction in the Fixed Rent or any other component of Additional Rent payable hereunder.

Appears in 1 contract

Samples: Agreement (2U, Inc.)

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