Common use of Net Lease Clause in Contracts

Net Lease. Each Summary Equipment Schedule constitutes a net lease. Lessee's obligation to pay Rent and all other amounts due hereunder is absolute and unconditional and is not subject to any abatement, reduction, set-off, defense, counterclaim, interruption, deferment or recoupment for any reason whatsoever.

Appears in 49 contracts

Sources: Master Lease Agreement (Nextcard Inc), Master Lease Agreement (Discovery Partners International Inc), Master Lease Agreement (Adforce Inc)

Net Lease. Each Summary Equipment Schedule constitutes shall be a net lease. , and Lessee's obligation to pay Rent all rent and all other amounts due hereunder is sums thereunder shall be absolute and unconditional unconditional, and is shall not be subject to any abatement, reduction, set-offsetoff, defense, counterclaimcounterclaims, interruption, deferment or recoupment recoupment, for any reason whatsoever.

Appears in 2 contracts

Sources: Master Equipment Lease Agreement (3dfx Interactive Inc), Master Equipment Lease Agreement (3dfx Interactive Inc)

Net Lease. Each Summary Equipment Schedule constitutes shall be a net lease. , and Lessee's obligation to pay Rent all rent and all other amounts due hereunder is sums thereunder shall be absolute and unconditional unconditional, and is shall not be subject to any abatement, reduction, set-off, defense, counterclaimcounterclaims, interruption, deferment or recoupment recoupment, for any reason whatsoever.

Appears in 2 contracts

Sources: Master Equipment Lease Agreement (Power Integrations Inc), Master Equipment Lease Agreement (Sagent Technology Inc)

Net Lease. Each Summary Equipment Schedule constitutes a net lease. lease Lessee's obligation to pay Rent and all other amounts due hereunder is absolute and unconditional and is not subject to any abatement, reduction, set-off, defense, counterclaim, interruption, deferment or recoupment for any reason whatsoever.

Appears in 2 contracts

Sources: Master Lease Agreement (Omm Inc), Master Lease Agreement (Viant Corp)

Net Lease. Each Summary Equipment Schedule equipment schedule constitutes a net lease. Lessee's obligation to pay Rent and all other amounts due hereunder is absolute and unconditional and is not subject to any abatement, reduction, set-off, defense, counterclaim, interruption, deferment or recoupment for any reason whatsoever.

Appears in 1 contract

Sources: Master Lease Agreement (Blue Martini Software Inc)

Net Lease. Each Summary Equipment Schedule constitutes a net lease. Lessee's obligation to pay Rent and all other amounts due hereunder is absolute and unconditional and is not subject to any abatement, reduction, set-off, defense, . counterclaim, interruption, deferment or recoupment for any reason whatsoever.

Appears in 1 contract

Sources: Master Lease Agreement (Homegrocer Com Inc)

Net Lease. Each Summary Equipment Schedule constitutes a net lease. Lessee's ’s obligation to pay Rent and all other amounts due hereunder is absolute and unconditional and is not subject to any abatement, reduction, set-off, defense, counterclaim, interruption, deferment or recoupment for any reason whatsoever.

Appears in 1 contract

Sources: Master Lease Agreement (Occam Networks Inc/De)

Net Lease. Each Summary Equipment Schedule constitutes a net --------- lease. Lessee's obligation to pay Rent and all other amounts due hereunder is absolute and unconditional and is not subject to any abatement, reduction, set-set- off, defense, counterclaim, interruption, deferment or recoupment for any reason whatsoever.

Appears in 1 contract

Sources: Master Lease Agreement (Ramp Networks Inc)

Net Lease. Each Summary Equipment Schedule constitutes a --------- net lease. Lessee's obligation to pay Rent and all other amounts due hereunder is absolute and unconditional and is not subject to any abatement, reduction, set-off, defense, counterclaim, interruption, deferment or recoupment for any reason whatsoever.

Appears in 1 contract

Sources: Master Lease Agreement (Getthere Com)

Net Lease. Each Summary Equipment Schedule constitutes a net lease. Lessee's obligation to pay Rent and all other amounts due hereunder is absolute and unconditional and is not subject to any abatementstatement, reduction, set-off, defense, counterclaim, interruption, deferment or recoupment for any reason whatsoever.

Appears in 1 contract

Sources: Master Lease Agreement (Agile Software Corp)