Net Sublease Sample Clauses
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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. 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. 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. This Sublease is a net lease, and the Sublessee acknowledges and agrees that the Sublessee's obligation to pay all Rent hereunder, and the rights of the Sublessor in and to such Rent, shall, except as otherwise expressly provided herein, be absolute and unconditional and, except for a violation of the Sublessee's possessory rights in the absence of an Event of Default, shall not be subject to any
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. It is the purpose and intent of Sublandlord and Subtenant that except for Sublandlord's obligations which are expressly provided for herein (or in the Transaction Agreements), that this be an absolutely net sublease and that Subtenant shall make all payments hereunder free of any charges, assessments, impositions or deductions of any kind and without abatement, deduction, demand, notice or setoff and that all costs, expenses, charges, assessments, impositions and obligations of every kind and nature whatsoever relating to the Demised Premises which are the tenant's obligations under the ▇▇▇▇▇▇▇▇▇ or which otherwise relate to the Demised Premises and/or the use and occupancy thereof, whether foreseen or unforeseen, ordinary or extraordinary, shall be the responsibility of the Subtenant.
Net Sublease. Except as otherwise expressly provided for herein, this Sublease is intended to be a net sublease, and Subtenant shall be responsible for the payment of all costs and expenses whatsoever, ordinary or extraordinary, foreseen or unforeseen, with respect to the Sublet Premises and the use and occupancy thereof.
Net Sublease. Except as otherwise specifically set forth in this Sublease, it is the purpose and intent of Sublandlord and Subtenant that Base Rent, Additional Rent and Rent, as herein defined, payable hereunder shall be net to Sublandlord so that this Sublease shall yield to Sublandlord the net Base Rent, Additional Rent and Rent specified, in each month of each year during the Term of this Sublease, free from any charges, assessments, or impositions, charged, assessed, or imposed on or against the Sublease Premises, and without abatement, deduction or set-off by Subtenant, and Sublandlord shall not be expected or required to pay any such charge, assessment or imposition, or be under any obligation or liability hereunder, and that, except as otherwise expressly set forth herein, all costs, expenses and obligations of any kind relating to the maintenance and operation of the Sublease Premises, foreseen or unforeseen, structural or nonstructural, including all alterations, repairs and replacements, which may arise or become due during the Term of this Sublease shall be paid by Subtenant, and Sublandlord shall be indemnified and saved harmless by Subtenant from and against such costs, expenses and obligations.
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.