Net Lease Agreement Sample Clauses

Net Lease Agreement. This Lease Agreement is a net lease agreement. Lessee acknowledges and agrees that its obligations hereunder, including, without limitation, its obligations to pay Lease Payments and all Supplemental Payments payable hereunder, shall be unconditional and irrevocable under any and all circumstances, shall not be subject to cancellation, termination, modification or repudiation by Lessee, and shall be paid and performed by Lessee (with respect to payments under Sections 7.1.1, 28.2, 28.4 and 29.2, without notice or demand and with respect to any Floating Lease Payment or payment under Section 29.1 without demand) and without any abatement, reduction, diminution, setoff, defense (other than prior payment), counterclaim or recoupment whatsoever, including, without limitation, any abatement, reduction, diminution, setoff, defense (other than prior payment), counterclaim, withholding or recoupment due or alleged to be due to, or by reason of, any past, present or future claims which Lessee may have against Lessor, Indenture Trustee, any Tranche A Noteholder, any Tranche B Lender, any Limited Partner, Lessor General Partner, Collateral Agent, Administrative Agent, any Assignee, any sublessee or assignee of Lessee, any manufacturer or supplier of any Item of Equipment or any part thereof, or any other Person for any reason whatsoever, or any defect in any Item of Equipment or any part thereof, or the condition, design, operation or fitness for use thereof, any damage to, or any loss or destruction of, any Item of Equipment or any part thereof, or any Liens or rights of others with respect to any Item of Equipment or any part thereof, or any default or failure to pay by any sublessee or assignee of Lessee, or any prohibition or interruption of or other restriction against Lessee's use, operation, possession, maintenance, insurance, improvement or return of any Item of Equipment thereof, for any reason whatsoever, or any interference with such use, operation or possession by any Person, or any default by Lessor in the performance of any of its obligations herein contained, or any other indebtedness or liability, howsoever and whenever arising, of Lessor, Indenture Trustee, any Tranche A Noteholder, any Tranche B Lender, any Limited Partner, Lessor General Partner, Collateral Agent, Administrative Agent, any Assignee, any sublessee or assignee of Lessee, any other Person, or by reason of insolvency, bankruptcy or similar proceedings by or against Lessor, Indenture Tr...
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Net Lease Agreement. 2. Attorney's Opinion Letter to be given by Xxxxxx's and Xxxxxx's outside counsel necessarily familiar with the conduct of Xxxxxx's and Xxxxxx's business to render such opinion and an opinion from an attorney in the state in which the Parcel is situated as to, inter alia, the enforceability of the Lease and due authority of signatories. 3. Lessee Estoppel Letter. 4.
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Net Lease Agreement. The lease of the Leased Premises hereunder is ------------------- a net lease and the Lessee shall pay all costs and expenses of every character, whether foreseen or unforeseen, ordinary or extraordinary or structural or nonstructural, in connection with the use, operation, maintenance, repair and reconstruction of the Leased Premises. Notwithstanding any other provision of this Lease Agreement, it is intended that Basic Rent and Supplemental Rent shall be paid without notice, demand, counterclaim, setoff, deduction or defense and without abatement, suspension, deferment, diminution or reduction. The obligations and liabilities of the Lessee hereunder shall in no way be released, discharged or otherwise affected (except as may be expressly provided herein) for any reason, including, without limitation: (a) any defect in the condition, quality or fitness for use of the Leased Premises or any portion thereof; (b) any damage to, removal, abandonment, salvage, loss or destruction of or any requisition, condemnation, taking of, or the occurrence of any Event of Loss with respect to the Leased Premises or any portion thereof; (c) any restriction, prevention or curtailment of or interference with any use of the Leased Premises or any part thereof, whether as a result of force majeure or otherwise; (d) any defect in or any Lien on the title to the Leased Premises or any part thereof; (e) any change, waiver, extension, indulgence or other action or omission in respect of any obligation or liability of the Lessee, the Lessor or any other Person; (f) any bankruptcy, insolvency, reorganization, composition, adjustment, dissolution, liquidation or other like proceeding relating to the Lessee, the Lessor or any other Person, or any action taken with respect to this Lease Agreement by any trustee or receiver of the Lessee, the Lessor or any other Person, or by any court; (g) any claim that the Lessee has or may have against the Lessor or any other Person; (h) any failure on the part of the Lessor, the Equity Participant, any Lender or the Agent to perform or comply with any of the terms hereof or of any other Transaction Documents; (i) any invalidity or unenforceability or disaffirmance of this Lease Agreement or any provision hereof or any of the other Transaction Documents or any provision of any thereof; (j) any change in the tax or other laws of the United States, any state or any political subdivision of any thereof; (k) any assignment, novation, merger, consolidati...
Sample 1
Net Lease Agreement 
Sample 1

Related to Net Lease Agreement

  • Lease Agreement On the terms stated in this Lease, Landlord leases the Premises to Tenant, and Tenant leases the Premises from Landlord, for the Term beginning on the Commencement Date and ending on the Termination Date unless extended or sooner terminated pursuant to this Lease.

  • Net Lease THIS AGREEMENT SHALL BE A NET LEASE, AND EACH LESSEE'S OBLIGATION TO PAY ALL MONTHLY BASE RENT, SUPPLEMENTAL RENT AND OTHER SUMS HEREUNDER SHALL BE ABSOLUTE AND UNCONDITIONAL, AND SHALL NOT BE SUBJECT TO ANY ABATEMENT, SETOFF, COUNTERCLAIM, DEDUCTION OR REDUCTION FOR ANY REASON WHATSOEVER. The obligations and liabilities of each Lessee hereunder shall in no way be released, discharged or otherwise affected (except as may be expressly provided herein including, without limitation, the right of each Lessee to reject Vehicles pursuant to Section 2.2 hereof) for any reason, including without limitation: (i) any defect in the condition, merchantability, quality or fitness for use of the Vehicles or any part thereof; (ii) any damage to, removal, abandonment, salvage, loss, scrapping or destruction of or any requisition or taking of the Vehicles or any part thereof; (iii) any restriction, prevention or curtailment of or interference with any use of the Vehicles or any part thereof; (iv) any defect in or any Lien on title to the Vehicles or any part thereof; (v) any change, waiver, extension, indulgence or other action or omission in respect of any obligation or liability of such Lessee or the Lessor; (vi) any bankruptcy, insolvency, reorganization, composition, adjustment, dissolution, liquidation or other like proceeding relating to such Lessee, the Lessor or any other Person, or any action taken with respect to this Agreement by any trustee or receiver of any Person mentioned above, or by any court; (vii) any claim that such Lessee has or might have against any Person, including without limitation the Lessor; (viii) any failure on the part of the Lessor or any other Lessee to perform or comply with any of the terms hereof or of any other agreement; (ix) any invalidity or unenforceability or disaffirmance of this Agreement or any provision hereof or any of the other Related Documents or any provision of any thereof, in each case whether against or by such Lessee or otherwise; (x) any insurance premiums payable by such Lessee with respect to the Vehicles; or (xi) any other occurrence whatsoever, whether similar or dissimilar to the foregoing, whether or not such Lessee shall have notice or knowledge of any of the foregoing and whether or not foreseen or foreseeable. This Agreement shall be noncancelable by the Lessees and, except as expressly provided herein, each Lessee, to the extent permitted by law, waives all rights now or hereafter conferred by statute or otherwise to quit, terminate or surrender this Agreement, or to any diminution or reduction of Monthly Base Rent, Supplemental Rent or other amounts payable by such Lessee hereunder. All payments by each Lessee made hereunder shall be final (except to the extent of adjustments provided for herein), absent manifest error and, except as otherwise provided herein, each Lessee shall not seek to recover any such payment or any part thereof for any reason whatsoever, absent manifest error. If for any reason whatsoever this Agreement shall be terminated in whole or in part by operation of law or otherwise except as expressly provided herein, each Lessee shall nonetheless pay an amount equal to such Lessee's allocable portion of all Monthly Base Rent, all Supplemental Rent and all other amounts due hereunder at the time and in the manner that such payments would have become due and payable under the terms of this Agreement as if it had not been terminated in whole or in part. All covenants and agreements of each Lessee herein shall be performed at its cost, expense and risk unless expressly otherwise stated.

  • Sublease Agreement Sublandlord and Subtenant hereby represent that a true and complete copy of the Sublease Agreement is attached hereto and made a part hereof as Exhibit A.

  • Lease Agreements 11 Section 3.15

  • Triple Net Lease Landlord and Tenant acknowledge that, to the extent provided in this Lease, it is their intent and agreement that this Lease be a “TRIPLE NET” lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building and the Project, and Tenant’s operation therefrom to the extent provided in this Lease. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant as Additional Rent.

  • Supplemental Lease Agreement No 7, dated May 5, 2000, by and between Hub Realty Funding, Inc. (“Owner/Lessor”) and the United States of America (“Government/Lessee”).

  • Agreement to Lease Lessor hereby agrees to lease the Aircraft to Lessee, and Lessee hereby agrees to lease the Aircraft from Lessor, on the terms and subject to the conditions set forth in this Lease.

  • Operating Agreement The Borrower will not amend, modify, waive or terminate any provision of its operating agreement without the prior written consent of the Administrative Agent.

  • FIRST AMENDMENT TO LEASE This First Amendment to Lease (this “Amendment”), made as of March 16, 2006, by and between ARE-MA REGION NO. 28, LLC, a Delaware limited liability company (“Landlord”) and ALNYLAM PHARMACEUTICALS, INC., a Delaware corporation (“Tenant”).

  • Letter Agreement The Company shall have entered into the Letter Agreement on terms satisfactory to the Company.

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