Net Sublease. It is agreed by the Sublessee that this Sublease shall be a completely carefree, net sublease to the Sublessor and that the Sublessor shall not be responsible for any costs, charges, expenses or outlays of any nature whatsoever arising from or related to the Leased Premises or the Development and the Sublessee shall pay all, or a portion of all, costs, expenses, fees and other amounts of every nature and kind arising from or relating to the Leased Premises, the Lands and the Development.
Net Sublease. The Subtenant hereby acknowledges, confirms and agrees that it is the intention of the Sublandlord and the Subtenant that, except as expressly set out herein, this Sublease Agreement shall be a completely net Sublease for the Sublandlord and that, subject to the provisions contained in the Sublease Agreement, the Sublandlord shall not be responsible during the Term for any obligations, losses, charges, expenses, or outlays of any nature and kind whatsoever arising from or relating to the Subtenant's use and occupation of the Premises or the contents thereof and that the Subtenant shall pay all charges, impositions and expenses of every kind and nature relating to its use and occupation of the Premises and covenants with the Sublandlord accordingly, except in the case of gross negligence on behalf of the Sublandlord. The Subtenant further acknowledges and agrees that the Sublandlord shall have all rights and remedies against the Subtenant in respect of this Sublease as though the Sublandlord was the Landlord named in the Offer to Lease Agreement and the Subtenant was the Tenant named in the Offer to Lease Agreement, mutatis mutandis, subject to the matters which are expressly dealt with in this Sublease Agreement.
Net Sublease. The City is the tenant of a head lease with Antelope Hills Construction Ltd. dated September 15, 2005 (the "Head Lease"). The subtenant shall be responsible for all applicable costs, taxes, charges (including special assessments or any other charges levied by the Condominium Corporation), expenses and outlays of any nature whatsoever arising from or relating to the use and occupancy of the Subleased Premises, as detailed in the Head Lease.
Net Sublease. No Setoff; Etc This Lease shall constitute a net sublease and, notwithstanding any other provision of this Lease, it is intended that Basic Rent and Supplemental Rent shall be paid without counterclaim, setoff, deduction or defense of any kind and without abatement, suspension, deferment, diminution or reduction of any kind, and Lessee's obligation to pay all such amounts is absolute and unconditional. The obligations and liabilities of Lessee hereunder shall in no way be released, discharged or otherwise affected for any reason, including to the maximum extent permitted by law: (a) any defect in the condition, merchantability, design, construction, quality or fitness for use of any portion of the Project, or any failure of the Project to comply with all Legal Requirements, including any inability to occupy or use the Project by reason of such non-compliance; (b) any damage to, abandonment, loss, contamination of or Release from or destruction of or any requisition or taking of the Project or any part thereof, including eviction; (c) any restriction, prevention or curtailment of or interference with any use of the Project or any part thereof, including eviction; (d) any defect in title to or rights to the Project or any Lien on such title or rights or on the Project; (e) any change, waiver, extension, indulgence or other action or omission or breach in respect of any obligation or liability of or by the Issuer, Lessor, any Owner Participant, Agent or any Lender; (f) any bankruptcy, insolvency, reorganization, composition, adjustment, dissolution, liquidation or other like proceedings relating to the Issuer, Lessee, Lessor, any Owner Participant, Agent, any Lender or any other Person, or any action taken with respect to this Lease by any trustee or receiver of Issuer, Lessee, Lessor, any Owner Participant, Agent, any Lender or any other Person, or by any court, in any such proceeding; (g) any claim that Lessee has or might have against any Person, including, without limitation, the Issuer, Lessor, any Owner Participant, Agent or any Lender (but shall not constitute a waiver of such claim); (h) any failure on the part of Lessor to perform or comply with any of the terms of this Lease, any other Operative Agreement or of any other agreement; (i) any invalidity or unenforceability or disaffirmance against or by Lessee of this Lease or any provision hereof or any of the other Operative Agreements or any provision of any thereof; (j) the impossibility of perform...
Net Sublease. The Subtenant acknowledges and agrees that it is intended that this Sublease shall be a net sublease for the Tenant, and that the Tenant shall not be responsible during the Term (or any extension thereof) except as set out herein, for any cost, charge, expense or outlay of any nature whatsoever arising from or relating to the Subleased Premises, or any impositions, costs and expenses of every nature and kind relating to the Subleased Premises whether or not specifically provided herein. Notwithstanding the foregoing, the Tenant is not entitled to any reimbursement from the Subtenant of the Tenant’s Capital Reserve Contributions that it is obligated to pay to the Landlord, pursuant to the Head Lease.
Net Sublease. The Lessee and the Sublessee hereby represent, warrant, covenant and agree that this Sublease shall be entirely net to Lessee, and the Lessee shall not be responsible during the Term for any cost, charge, expense or outlay of any nature whatsoever arising from or relating to the Subleased Premises, or any impositions, costs and expenses of every nature and kind relating to the Subleased Premises whether or not specifically provided herein. Without limiting the generality of the foregoing, in addition to the foregoing Rent, the Sublessee shall be responsible for any costs or expensed incurred by the Landlords or the Lessee in respect of the Subleased Premises, and the Sublessee’s use, occupation, maintenance and repair of the Subleased Premises, as contemplated within this Sublease. Such additional sums, costs or expenses may include, without restriction:
Net Sublease. The Tenant acknowledges and agrees that it is intended that this Lease is an absolutely net and carefree sublease to the Landlord, except as expressly herein set out; that the Landlord is not responsible during the Term for any costs, charges, expenses and outlays of any nature whatsoever arising from or relating to the Premises or the use and occupancy thereof, or the contents thereof, or the business carried on therein, except as expressly herein set out; and the Tenant shall pay all charges, impositions, taxes, costs and expenses of every nature and kind relating to the Premises, except as expressly herein set out.
Net Sublease. This Sublease shall be deemed and construed to be a "net lease," and the Company shall pay absolutely net during the Sublease Term the Subrentals and all other payments required hereunder, without abatement, diminution, counterclaim or set-off.
Net Sublease. The Facility Sublease will be a net sublease. The Sublessee will be responsible for, among other things, operating, repairing, insuring and maintaining the Facility and the Transferred Assets, and for all costs, expenses and liabilities incurred in connection therewith. Insurance with respect to the Facility shall comply with the requirements of the Facility Lease and shall name the Sublessor as an additional insured on all policies relating to the Facility and the Transferred Assets.
Net Sublease. This Sublease is intended and understood to be a “pure net” sublease, pursuant to which Agility shall be responsible for all maintenance, repairs and upkeep of the premises and for the payment of all occupancy costs, including without limitation Agility’s pro rata share of taxes, assessments and insurance. The Base Rent and additional rents (including without limitation all operating costs) reserved herein is intended to be absolutely net to XxXxxx without abatement, deduction or setoff of any kind. Under no circumstances or conditions, whether now existing or hereafter arising, or whether beyond the contemplation of the parties, shall XxXxxx be expected or required to make any payment of any kind whatsoever or to be under any other obligation or liability hereunder. Notwithstanding anything to the contrary contained herein, Agility shall not be required to pay any additional rent or perform any obligation that is (a) fairly allocable to any period of time prior to the Commencement Date or following the expiration of the Term or (b) payable as a result of a late payment by XxXxxx or its default (beyond applicable notice and cure periods) under the Prime Lease unless such late payment or default relates to Agility’s late payment or default hereunder.
