Intent of Lease Sample Clauses

Intent of Lease. The Tenant acknowledges that it is intended and agreed that this is a completely carefree net lease for the Landlord except as expressly hereinafter set out and it is the mutual intention of the parties hereto that the Basic Rent herein provided to be paid shall be net to the Landlord clear of all taxes, costs, charges, expenses and outlays arising from or relating to the Property and that the Tenant shall bear its Proportionate Share of all costs relating to the operation, maintenance and repair of the Property (save only as otherwise specifically set out in this Lease) including, and without limiting the generality of the foregoing, the Tenant’s Proportionate Share of Taxes and Operating Costs and all taxes, costs, charges, expenses and outlays of any nature or kind whatsoever relating to the Leased Premises, the use and occupancy thereof, the contents thereof and the business carried on therein. Any amount and any obligation which is not expressly declared herein to be that of the Landlord pertaining to the Property or the Leased Premises shall be deemed to be the obligation of the Tenant to be performed by or at the Tenant’s expense. Charges of a kind personal to the Landlord such as taxes assessed upon the income of the Landlord and principal and interest payments to be made by the Landlord in satisfaction of hypothecs now or hereafter registered against the Property shall not be the responsibility or obligation of the Tenant.

Intent of Lease. It is the intent of the parties and agreed that this Lease shall be absolutely net to the Landlord such that, without limiting the generality of the foregoing, the Tenant shall pay for its own account, and without any variation, set-off or deduction, all amounts, charges, costs, duties, expenses, fees, rates, sums, taxes and increases therein in any way relating to the Premises as well as a share of the expenses relating to the operation of the Premises as set out in this Lease.

Intent of Lease. It is the intent of the parties to this lease (the "Lease") that it be totally net to the Landlord. The Landlord shall therefore not be liable for any costs or expenses of any nature whatsoever relating to the Land, Building or the Premises (as those terms are hereinafter defined) or the use and occupancy thereof, or the contents thereof, or the business carried on therein, and the Tenant shall be solely responsible for any such costs, charges, expenses and outlays, as well as for its Proportionate Share of the Operating Expenses and Real Estate Taxes (as those terms are hereinafter defined), except as expressly otherwise provided herein. Any obligation which is not expressly declared herein to be that of the Landlord shall be deemed to be the obligation of the Tenant who must perform same at its expense.

Intent of Lease. 1.1 It is the intent of this Lease and agreed to by both Parties that all and every cost, expense, rate, tax or charge in any way related to the Leased Premises and to Lessee’s share of Operating Costs (all as hereinafter defined) will be borne by Lessee without any variation, set-off, or deduction whatsoever, except as herein expressly set out to the contrary.

Intent of Lease. It is the intent of this Lease and agreed to by the Parties to this Lease that rent for this Lease will be on a gross rent basis meaning the Lessee will pay the Base Rent and any Additional Rent, including but not limited to the payment of Provincial Sales Tax and Goods and Services Tax, as may be applicable, pursuant to the Excise Tax Act, Canada calculated on the Base Rent hereby reserved, or any similar or other like tax, and the Lessor will be responsible for all other service charges related to the Premises and the operation of the Building save as specifically provided in this Lease to the contrary.

Intent of Lease. This is a carefree net lease to the Landlord, except as expressly hereinafter set out and it is the mutual intention of the parties hereto that the Basic Rent herein provided to be paid shall be net to the Landlord clear of all taxes, costs and charges arising from or relating to the Leased Premises, save as hereinafter expressly set out. Charges of a kind personal to the Landlord such as taxes assessed on the income of the Landlord, estate, capital, and inheritance tax and similar taxes and principal and interest payments to be made by the Landlord in satisfaction of mortgages now or hereinafter registered against the Leased Premises shall not be the responsibility or obligation of the Tenant.

Intent of Lease. The Tenant acknowledges that it is intended and agreed that this is a completely carefree net lease for the Landlord and that the Landlord is not responsible during the Term for any taxes, impositions, costs, charges, expenses or outlays of any nature or kind relating to the Leased Premises, save only as specifically set out in this Lease, and that the Tenant shall be responsible for and shall promptly pay all such taxes, costs, impositions, charges, expenses and outlays, save and except only as specifically set out otherwise in this Lease.

Intent of Lease. It is the intent of this Lease and agreed to by the parties to this Lease that this Lease will be a Net lease to the landlord such that, only an increase in tax in any way related to the Premises, to the operation of the Building, and to the Tenant’s share of Operating Costs will be borne by the Tenant for its own account and without any variation, set off or deduction whatsoever, save as specifically provided in this Lease to the contrary. Tenant shall and will be held responsible for the heat, electric, insurance, water, maintenance, general upkeep and repair and any other expenses they may have.

Intent of Lease. El “ARRENDADOR” da en arrendamiento al “ARRENDATARIO” y éste recibe de conformidad y a su entera satisfacción uso y goce temporal del Inmueble descrito en el inciso f) del capítulo de Declaraciones del “ARRENDADOR”, con todas las condiciones, características, y especificaciones que se describen en el Anexo Uno del presente Contrato. The LANDLORD leases to the TENANT, and it receives in conformity and to its satisfaction for temporary possession of use, the Property described in paragraph f) of the LANDLORD'S Recitals subject to all of the conditions, characteristics and specifications described in Exhibit One of this Agreement. Las Partes acuerdan que la vigencia y exigibilidad del presente Contrato se encuentra sujeta al cumplimiento de la siguiente condición suspensiva: que las Partes celebren un contrato de compraventa y que sea formalizado mediante el otorgamiento de una escritura pública mediante el cual el ARRENDADOR adquiera la propiedad del INMUEBLE de parte del ARRENDATARIO. The parties agree that the validity and enforceability of this agreement is subject to the fulfillment of the following suspensive condition: that the parties execute a purchase and sale agreement over the PROPERTY and that it is formalized through the granting of a public deed, whereby the LESSOR acquires ownership of the PROPERTY from the LESSEE.