Additional Charge. This Lease is what is commonly called a "Net, Net, ----------------- Net Lease," it being understood that Landlord shall receive the Rent set forth in Article 3.1 free and clear of any and all impositions, taxes, real estate taxes, liens, charges or expenses of any nature whatsoever in connection with the ownership and operation of the Premises. In addition to the Rent reserved by Article 3.1, Tenant shall pay to the parties respectively entitled thereto all impositions, taxes, real estate taxes, insurance premiums, operating charges, maintenance charges, construction costs, and any other charges, costs and expenses which arise or may be contemplated under any provisions of this Lease during the Term hereof. All of such charges, costs, and expenses shall constitute additional charges, and upon the failure of Tenant to pay any of such costs, charges, or expenses, Landlord shall have the same rights and remedies as otherwise provided in this Lease for the failure of Tenant to pay Rent. It is the intention of the parties hereto that this Lease shall not be terminable for any reason by the Tenant and that the Tenant shall in no event be entitled to any abatement of or reduction in Rent payable hereunder, except as herein expressly provided. Any present or future law to the contrary shall not alter this agreement of the parties. Notwithstanding the foregoing, items which are not customarily included as additional charges or Rent in "Triple Net" leases, such as income taxes and debt service (both principal and interest), are specifically excluded from additional charges pursuant to this paragraph.
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Additional Charge. This Lease is what is commonly called a "“Net, Net, ----------------- Net Lease," ” it being understood that Landlord shall receive the Rent set forth in Article 3.1 free and clear of any and all impositions, taxes, real estate taxes, liens, charges or expenses of any nature whatsoever in connection with the ownership and operation of the Premises. In addition to the Rent reserved by Article 3.1, Tenant shall pay to the parties respectively entitled thereto all impositions, taxes, real estate taxes, insurance premiums, operating charges, maintenance charges, construction costs, and any other charges, costs and expenses which arise or may be contemplated under any provisions of this Lease during the Term hereof. All of such charges, costs, and expenses shall constitute additional charges, and upon the failure of Tenant to pay any of such costs, charges, or expenses, Landlord shall have the same rights and remedies as otherwise provided in this Lease for the failure of Tenant to pay Rent. It is the intention of the parties hereto that this Lease shall not be terminable for any reason by the Tenant and that the Tenant shall in no event be entitled to any abatement of or reduction in Rent payable hereunder, except as herein expressly provided. Any present or future law to the contrary shall not alter this agreement of the parties. Notwithstanding the foregoing, items which are not customarily included as additional charges or Rent in "“Triple Net" ” leases, such as income taxes and debt service (both principal and interest), are specifically excluded from additional charges pursuant to this paragraph.
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