Common use of Net Lease Clause in Contracts

Net Lease. Lessee is unconditionally obligated to pay all rent and other amounts due for the entire lease term no matter what happens, even if the Equipment is damaged or destroyed, if it is defective or if Lessee no longer can use it. Lessee is not entitled to reduce or set-off against rent or other amounts due to Lessor or to anyone to whom Lessor assigns this Agreement or any Schedule whether Lessee's claim arises out of this Agreement, any Schedule, any statement by Lessor, Lessor's liability or any manufacturer's liability, strict liability, negligence or otherwise.

Appears in 13 contracts

Samples: Master Lease Agreement (Northwest Pipe Co), Master Lease Agreement (Smith & Wollensky Restaurant Group Inc), Master Lease Agreement (Telik Inc)

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Net Lease. Lessee is unconditionally obligated to pay all rent and other amounts due for the entire lease term no matter what happens, even if the Equipment is damaged or destroyed, if it is defective or if Lessee no longer can use it. Lessee is not entitled to reduce or set-off against rent or other amounts due to Lessor or to anyone to whom Lessor assigns this Agreement or any Schedule whether Lessee's Lessees claim arises out of this Agreement, any Schedule, any statement by Lessor, Lessor's Lessors liability or any manufacturer's manufacturers liability, strict liability, negligence or otherwise.

Appears in 10 contracts

Samples: Master Lease Agreement (Quasi (Variagenics Inc), Master Lease Agreement (Impreso Inc), Master Lease Agreement (Coley Pharmaceutical Group, Inc.)

Net Lease. Lessee is unconditionally obligated to pay all rent and other amounts due for the entire lease term no matter what happens, even if the Equipment is damaged or destroyed, if it is defective or if Lessee no longer can use it. Lessee is not entitled to reduce or set-off against rent or other amounts due to Lessor or to anyone to whom Lessor assigns this Agreement or any Schedule whether Lessee's Lessees claim arises out of this Agreement, any Schedule, any statement by Lessor, Lessor's liability or of any manufacturer's manufacturers liability, strict liability, negligence or otherwise.

Appears in 4 contracts

Samples: Master Lease Agreement (Synta Pharmaceuticals Corp), Master Lease Agreement (Synta Pharmaceuticals Corp), Master Lease Agreement (Synta Pharmaceuticals Corp)

Net Lease. Lessee is unconditionally obligated to pay all rent Rent and other amounts due for the entire lease term no matter what happens, Term of this Agreement even if the Equipment System is damaged or destroyed, if it is defective or if Lessee no longer can use it. Lessee is not entitled to reduce or set-off against rent Rent or other amounts due to Lessor or to anyone to whom Lessor assigns this Agreement or any Schedule whether Lessee's claim arises out of this Agreement, any Schedule, any statement by Lessor, Lessor's liability or any manufacturerthird party's liability, strict liability, negligence or otherwise.

Appears in 3 contracts

Samples: Solar Equipment Lease Agreement, Solar Equipment Lease Agreement, Solar Equipment Lease Agreement

Net Lease. Lessee is unconditionally obligated to pay all rent and other amounts due for the entire lease term no matter what happens, even if the Equipment is damaged or destroyed, if it is defective or if Lessee no longer can use it. Lessee is not entitled to reduce or set-off against rent or other amounts due to Lessor or to anyone to whom Lessor assigns this Agreement or any Schedule whether Lessee's ’s claim arises out of this Agreement, any Schedule, any statement by Lessor, Lessor's ’s liability or any manufacturer's ’s liability, strict liability, negligence or otherwise.

Appears in 3 contracts

Samples: Master Lease Agreement (Intercept Inc), Master Lease Agreement (Badger Paper Mills Inc), Master Lease Agreement (Impreso Inc)

Net Lease. Lessee is unconditionally obligated to pay all rent and other amounts due for the entire lease term Term of this Lease no matter what happens, even if the Equipment Aircraft is damaged or destroyed, if it is defective or if Lessee no longer can use it. Lessee is not entitled to reduce or set-off against rent or other amounts due to Lessor or to anyone to whom Lessor assigns this Agreement or any Schedule Lease whether Lessee's claim arises out of this Agreement, any ScheduleLease, any statement by Lessor, Lessor's liability or any manufacturer's manufacturers liability, strict liability, negligence or otherwise.

Appears in 2 contracts

Samples: Aircraft Lease Agreement (Restaurant Co), Aircraft Lease Agreement (Smart Choice Automotive Group Inc)

Net Lease. Lessee is unconditionally obligated to pay all rent Rent and other amounts due for the entire lease term no matter what happens, Term of this Agreement even if the Equipment System is damaged or destroyed, if it is defective or if Lessee no longer can use it. Lessee is not entitled to reduce or set-off against rent Rent or other amounts due to Lessor or to anyone to whom Lessor assigns this Agreement or any Schedule whether LesseeXxxxxx's claim arises out of this Agreement, any Schedule, any statement by Lessor, Lessor's liability or any manufacturerthird party's liability, strict liability, negligence or otherwise.

Appears in 2 contracts

Samples: Solar Equipment Lease Agreement, Solar Equipment Lease Agreement

Net Lease. Lessee is unconditionally obligated to pay all rent and other amounts due for the entire lease term no matter what happens, even if the Equipment is damaged or destroyed, if it is defective or if Lessee no longer can use it, except as provided in Section 8. Lessee is not entitled to reduce or set-off against rent or other amounts due to Lessor or to anyone to whom Lessor assigns this Agreement or any Schedule whether Lessee's claim arises out of this Agreement, any Schedule, any statement by Lessor, Lessor's liability or any manufacturer's liability, strict liability, negligence or otherwise.

Appears in 2 contracts

Samples: Master Lease Agreement (Yellow Roadway Corp), Master Lease Agreement (Roadway Express Inc)

Net Lease. Lessee is unconditionally obligated to pay all rent Rent and other amounts due for the entire lease term Term of this Lease no matter what happens, even if the Equipment Aircraft is damaged or destroyed, if it is defective or if Lessee no longer can use it. Lessee is not entitled to reduce or set-off against rent Rent or other amounts due to Lessor or to anyone to whom Lessor assigns this Agreement or any Schedule Lease whether Lessee's claim arises out of this Agreement, any ScheduleLease, any statement by Lessor, Lessor's liability or any manufacturer's manufacturers liability, strict liability, negligence or otherwise.

Appears in 2 contracts

Samples: Aircraft Lease Agreement (Mandalay Resort Group), Aircraft Lease Agreement (Mandalay Resort Group)

Net Lease. Lessee is unconditionally obligated to pay all rent and other amounts amount due for the entire lease term no matter what happens, even if the Equipment is damaged or destroyed, if it is defective detective or if Lessee lessee no longer can use it. it Lessee is not entitled to reduce or set-off against rent or other amounts due to Lessor or to anyone to whom Lessor assigns this Agreement or any Schedule whether Lessee's claim arises out of this Agreement, any Schedule, any statement by Lessor, Lessor's liability or any manufacturer's manufacturers liability, strict liability, negligence or otherwise.

Appears in 1 contract

Samples: Master Lease Agreement (Quasi (Ortec International Inc)

Net Lease. Lessee is unconditionally obligated to pay all rent and other amounts due for the entire lease term no matter what happens, even if the Equipment is damaged or destroyed, if it is defective or if Lessee no longer can use it. Lessee is not entitled to reduce or set-off against rent or other amounts due to Lessor or to anyone to whom Lessor assigns this Agreement or any any' Schedule whether Lessee's claim arises out of this Agreement, any Schedule, . any statement by Lessor, . Lessor's liability or any manufacturer's liability', strict liability', negligence or otherwise.

Appears in 1 contract

Samples: Master Lease Agreement (Internet Financial Services Inc)

Net Lease. Lessee is unconditionally obligated to pay all rent and other amounts due for the entire lease term no matter what happens, even if the Equipment is damaged or destroyed, if it is defective or if Lessee no longer can use it. Lessee is not entitled to reduce or set-off against rent or other amounts due to Lessor or to anyone to whom Lessor assigns this Agreement or any Schedule whether Lessee's claim arises out of this Agreement, any Schedule, any statement by Lessor, Lessor's liability or any manufacturer's liability, strict liability, negligence or otherwise.

Appears in 1 contract

Samples: Master Lease Agreement (Altus Pharmaceuticals Inc.)

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Net Lease. Lessee is unconditionally obligated to pay all rent and other amounts due for the entire entice lease term no matter what happens, even if the Equipment is damaged or destroyed, if it is defective or if Lessee no longer can use it. Lessee is not entitled to reduce or set-off against rent or other amounts due to Lessor or to anyone to whom Lessor assigns this Agreement or any Schedule whether Lessee's claim arises out of this Agreement, any Schedule, any statement by Lessor, Lessor's liability or any manufacturer's liability, strict liability, negligence or otherwise.

Appears in 1 contract

Samples: Master Lease Agreement (Predix Pharmaceuticals Holdings Inc)

Net Lease. Lessee is unconditionally obligated to pay all rent and other amounts due for the entire lease term no matter what happens, even if the Equipment is damaged or destroyed, if it is defective or if Lessee no longer can use it. , Lessee is not entitled to reduce or set-off against rent or other amounts due to Lessor or to anyone to whom Lessor assigns this Agreement or any Schedule whether Lessee's claim arises out of this Agreement, any Schedule, any statement by Lessor, Lessor's liability or any manufacturer's liability, strict liability, negligence or otherwise.

Appears in 1 contract

Samples: Master Lease Agreement (Chromavision Medical Systems Inc)

Net Lease. Lessee is unconditionally obligated to pay all rent and other amounts due for the entire lease term no matter what happens, even if the Equipment is damaged or destroyed, if it is defective or if Lessee no longer can use it. Lessee is not entitled to reduce or set-off against rent or other amounts due to Lessor or to anyone to whom Lessor assigns this Agreement or any Schedule whether Lessee's claim Lessees clam arises out of this Agreement, any Schedule, any statement by Lessor, Lessor's Lessors liability or any manufacturer's manufacturers liability, strict liability, negligence or otherwise.

Appears in 1 contract

Samples: Master Lease Agreement (Virologic Inc)

Net Lease. Lessee is unconditionally obligated to pay all rent and other amounts due for the entire lease term no matter what happens, even if the Equipment is damaged or destroyed, if it is defective or if Lessee no longer can use it. Lessee is not entitled to reduce or set-off against rent or other amounts due to Lessor or to anyone to whom Lessor assigns this Agreement or any Schedule whether Lessee's Lessees claim arises out of this Agreement, any Schedule, any statement by Lessor, Lessor's liability or any manufacturer's manufacturers liability, strict liability, negligence or otherwise.

Appears in 1 contract

Samples: Master Lease Agreement (Guitar Center Inc)

Net Lease. Lessee is unconditionally obligated to pay all rent Rent and other amounts due for the entire lease term no matter what happens, Term of this Agreement even if the Equipment System is damaged or destroyed, if it is defective or if Lessee no longer can use it. Lessee is not entitled to reduce or set-off against rent Rent or other amounts due to Lessor or to anyone to whom Lessor assigns this Agreement or any Schedule whether LesseeXxxxxx's claim arises out of this Agreement, any Schedule, any statement by Lessor, Lessor's liability or any manufacturerthird party's liability, strict liability, negligence or otherwise. Change in Law.

Appears in 1 contract

Samples: Solar Equipment Lease Agreement

Net Lease. Lessee is unconditionally obligated to pay all rent and other amounts due for the entire lease term no matter what happens, even if the Equipment is damaged or destroyed, if it is its defective or if Lessee no longer can use it. Lessee is not entitled to reduce or set-off against rent or other amounts due to Lessor or to anyone to whom Lessor assigns this t his Agreement or any Schedule whether Lessee's claim arises out of this Agreement, any Schedule, any statement by Lessor, Lessor's liability or any manufacturer's liability, strict liability, negligence or otherwise.

Appears in 1 contract

Samples: Master Lease Agreement (Exelixis Inc)

Net Lease. Lessee is unconditionally obligated to pay all rent and other amounts due for the entire lease term no matter what happens, even if the Equipment is damaged or destroyed, if it is defective or if Lessee no longer can use it. Lessee is not entitled to reduce or set-off against rent or other amounts due to Lessor or to anyone to whom Lessor assigns this Agreement or any Schedule whether Lessee's ’s claim arises out of this Agreement, any Schedule, any statement by Lessor, Lessor's ’s liability or any manufacturer's ’s liability, strict liability, negligence or otherwise. 14.

Appears in 1 contract

Samples: Master Lease Agreement

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