NNN definition

NNN means triple net lease; "NN" means double net lease; "B" means bond-type lease.

NNN means triple net lease; "NN" means double net lease; "B" means bond type lease.

NNN. REPRESENTATIVE" means, with respect to a particular Person, any director, officer, employee, agent, consultant, advisor, legal counsel, accountant or other representative of that Person;

Examples of NNN in a sentence

• The distinctions between different types of leases or within the same type of leases, such as “Bondable NNN,” “Absolute NNN,” “True NNN,” or other NNN leases, are not always clear.

• Process vents subject to only 40 CFR part 60, subparts RRR or NNN are eligible for the 300 ppm TOC cutoff.

• If both Parties have agreed to engage a Title Net (NNN) Lease, then each must initial his or her acknowledgment and approval.

• If both Parties have agreed to a Triple (NNN) Lease, then the minimum coverage amount on the insurance policies the Lessee must obtain and maintain protecting both Parties against the financial repercussions that often result from injury on the property, death on the property, or property damage should be recorded must be established in this paperwork.

• The tenant’s annual rent is based on the price per square foot ($/SF) plus any triple-net (NNN) expenses.

More Definitions of NNN

NNN has the meaning set forth in the preface above.

NNN. OPA" has the meaning set forth in Section 3.18.

NNN. Surety Bond" shall have the meaning given in Section 12.20.

NNN. Termination Date" has the meaning specified in Section 1.05 b. hereof.

NNN means that tenant pays all expenses including taxes, maintenance, and upkeep during tenancy. Leased Premises

NNN has the meaning set forth to it in the preamble hereof and includes NNN’s successors by merger, acquisition, reorganization or otherwise.

NNN means an acronym for the next specified category to be introduced, e.g BI for Building Inspectors.