Common use of Payment of Basic Rent Clause in Contracts

Payment of Basic Rent. Basic Rent shall be paid absolutely net to Lessor or its designee, so that this Lease shall yield to Lessor the full amount thereof, without setoff, deduction or reduction.

Appears in 40 contracts

Samples: Lease Agreement (Healthsouth Corp), Lease Agreement (Convergys Corp), Lease Agreement (United Therapeutics Corp)

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Payment of Basic Rent. Basic Rent shall be paid absolutely net to Lessor or its designeeLessor, so that this Lease shall yield to Lessor the full amount thereof, without setoff, deduction or reduction.

Appears in 11 contracts

Samples: Lease Supplement Improvements (Lam Research Corp), Lease and Remedies Agreement (Regeneron Pharmaceuticals Inc), Lease and Remedies Agreement (Regeneron Pharmaceuticals, Inc.)

Payment of Basic Rent. Basic Rent shall be paid absolutely net to Lessor or its designee, so that this Lease shall yield to Lessor the full amount thereofof Basic Rent, without setoff, deduction or reduction.

Appears in 10 contracts

Samples: Lease Agreement (Tech Data Corp), Lease Agreement (Tech Data Corp), Lease Agreement (Tech Data Corp)

Payment of Basic Rent. Basic Rent shall be paid absolutely net to Lessor or its designeethe Lessor, so that this Lease shall yield to the Lessor the full amount thereof, without setoff, deduction or reduction, whether or not the Lessee's quiet possession of the Property is disturbed.

Appears in 5 contracts

Samples: Master Lease (Yahoo Inc), Master Lease (Peoplesoft Inc), Master Lease (Triquint Semiconductor Inc)

Payment of Basic Rent. Basic Rent shall be paid absolutely net to Lessor or its designeethe Lessor, so that this Lease shall yield to the Lessor the full amount thereof, without setoff, deduction or reduction.

Appears in 3 contracts

Samples: Lease and Open End Mortgage (Fore Systems Inc /De/), Lease (Kansas City Power & Light Co), Kansas City Power & Light Co

Payment of Basic Rent. Basic Rent shall be paid absolutely net to the Lessor or its designee, so that this Lease shall yield to the Lessor the full amount thereof, without setoff, deduction or reduction.

Appears in 2 contracts

Samples: Trust and Security Agreement (Silicon Laboratories Inc), Trust and Security Agreement (Silicon Laboratories Inc)

Payment of Basic Rent. Basic Rent shall be paid absolutely net to Lessor or its designeeLessor, so that this Lease shall yield to Lessor the full amount thereof, without setoff, deduction or reduction; provided, however, that this requirement shall not require or be construed to require any gross-up or any payment on an After Tax Basis.

Appears in 2 contracts

Samples: Debt and Security Agreement, Debt and Security Agreement (Norfolk Southern Corp)

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Payment of Basic Rent. Basic Rent shall be paid absolutely net to Lessor or its designeethe --------------------- Lessor, so that this Lease shall yield to the Lessor the full amount thereof, without setoff, deduction or reduction, whether or not the Lessee's quiet possession of the Property is disturbed.

Appears in 2 contracts

Samples: Master Lease (Bea Systems Inc), Trust and Security Agreement (Asyst Technologies Inc /Ca/)

Payment of Basic Rent. Basic Rent shall be paid absolutely net to Lessor or its designee--------------------- the Lessor, so that this Lease shall yield to the Lessor the full amount thereof, without setoff, deduction or reduction, whether or not the Lessee's quiet possession of the Property is disturbed.

Appears in 1 contract

Samples: Master Lease (Bea Systems Inc)

Payment of Basic Rent. Basic Rent shall be paid absolutely net to Lessor or its designeethe Lessor, so that this Master Lease shall yield to the Lessor the full amount thereof, without setoff, deduction or reduction.

Appears in 1 contract

Samples: Electronics for Imaging Inc

Payment of Basic Rent. Basic Rent shall be paid absolutely net to Lessor or its designee, so that this Lease shall yield to Lessor the full amount thereof, without setoffset-off, deduction or reduction.

Appears in 1 contract

Samples: Deed of Lease Agreement (Lci International Inc /Va/)

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