No Reduction of Rent Sample Clauses

No Reduction of Rent. No Event of Loss with respect to an Engine under the circumstances contemplated by the terms of this Section 10.2 shall result in any reduction of Basic Rent or Renewal Rent.
No Reduction of Rent. Except as otherwise provided herein, Master Tenant will not be entitled to any set‑off, counterclaim, recoupment, abatement, suspension, deferment, diminution, deduction, reduction or defense of or to the Rent, or any other sums payable under this Lease. The obligations of Master Tenant under this Lease will not be affected by any interference with Master Tenant’s use of any of the Premises for any reason, including, without limitation, any inconvenience, interruption, cessation or loss of business or otherwise caused directly or indirectly by (i) any present or future Laws or Regulations; (ii) any title defect or encumbrance affecting the Premises of any part thereof; (iii) any bankruptcy, insolvency, reorganization, dissolution, liquidation or other like proceeding relating to Landlord; (iv) any claim that Master Tenant has or might have against Landlord other than as specified herein; (v) any latent or other defect in, or any theft or loss of any of the Premises, or (vi) by war or any matter or things resulting therefrom. Except as otherwise provided herein, Master Tenant waives all rights now or hereafter conferred by statute or otherwise to quit, terminate or surrender this Lease or the Premises or any part thereof.
No Reduction of Rent. Unless as otherwise stipulated in the Lease, the Lessee shall not in any case with respect to an occurrence relating to the Immovable or the Leased Premises or to an act of the Lessor of any nature whatsoever, have the right to a reduction of Rent or to the resiliation of the Lease. Nevertheless, the Lessee may, if granted by a court of law, obtain from the Lessor compensation resulting from damages directly attributable to the fault of the Lessor.
No Reduction of Rent. Lessee is required to obtain and maintain in full force and effect during the Term certain business interruption or other insurance. Accordingly, if this Sublease remains in effect following damage to the Subleased Premises by fire or other casualty, the Rent shall not be reduced or abated.
No Reduction of Rent. Notwithstanding any other provision of this Lease, (a) if for any reason any Rent or any other sums payable to Lessor by Lessee hereunder (in this Section called the "Rentals") shall be diminished or subject to diminution to attachment, claim, lien, levy, process or other cause or will be subject to withholding or diminution at the source by reason of any income or other taxes, assessments, expenses, indebtedness, obligations or liabilities of any character incurred by or against any person or by reason of any claims, demands, charges or liens of any nature incurred by any person or against the Rentals, or (b) if the payment of the Rentals when due and payable will be delayed, prevented or adversely affected, or (c) if the use or application of the Rentals by the First Lien Noteholder pursuant to any provision of the First Lien Deed of Trust will be delayed or prevented or the right of the First Lien Noteholder so to use or apply the same will be adversely affected, or (d) if the First Lien Noteholder reasonably refuses so to use or apply the Rentals because of its determination that liability might be incurred if such use or application were to be made, or (e) if the First Lien Noteholder will be subject to any liability or obligation to refund or pay over the Rentals, then at the request of the First Lien Noteholder, Lessee will pay promptly as additional rent, and take any action and incur any expense that may be necessary for the proper application of, sums of money sufficient fully to pay and discharge the Rentals and to eliminate or nullify the cause of such attachment, claim, lien, levy, order, process, withholding or diminution and to eliminate or prevent any delay or obstacle in the payment of the Rentals when due and payable and in the use or application thereof by the First Lien Noteholder, and to protect the right of the First Lien Noteholder to use or apply the Rentals and will pay and indemnify the First Lien Noteholder against any liability which may arise from so using or applying the Rentals, and against any liability or obligation to repay, or any loss in repaying, any monies received from Lessee. It is the intention of the parties that the Rent will be received and enjoyed by Lessor or the First Lien Noteholder, as the case may be, as an absolute net sum, and will be available in full for application to the payment of principal of, and premium and interest on, indebtedness secured by the First Lien Deed of Trust when due.
No Reduction of Rent. No abatement, diminution or reduction of the Rent or other charges payable by the Subtenant under this Sublease shall be claimed by or allowed to Subtenant for any inconvenience, interruption, cessation or loss of business or otherwise caused directly or indirectly (a) by any present or future laws, rules, requirements, orders, directions, ordinances or regulations of the United States of America or of the State, County or City government or any other municipal, governmental or lawful authority whatsoever, or (b) by damage to or destruction of any portion of or all of the improvements by fire, the elements or any other cause whatsoever, or (c) by priorities, rationing, or curtailment of labor or materials, or (d) by war or any matter or things resulting therefrom, or (e) by any other cause or causes, except as otherwise specifically and expressly provided in this Sublease.
No Reduction of Rent. The Tenant acknowledges that it shall not be entitled to any decrease or reduction in the Rent, nor to any termination of the Lease, nor to any claim against the Landlord for material or personal damages and expenses, for any reason or of any type whatsoever, nor to any indemnification of any amount whatsoever of Rent payable under this Lease.

Related to No Reduction of Rent

  • No Abatement of Rent This Agreement shall remain in full force and effect and Tenant’s obligation to make all payments of Rent and to pay all other charges as and when required under this Agreement shall remain unabated during the Term notwithstanding any damage involving the Leased Property, or any portion thereof (provided that Landlord shall credit against such payments any amounts paid to Landlord as a consequence of such damage under any business interruption insurance obtained by Tenant hereunder). The provisions of this Article 10 shall be considered an express agreement governing any cause of damage or destruction to the Leased Property, or any portion thereof, and, to the maximum extent permitted by law, no local or State statute, laws, rules, regulation or ordinance in effect during the Term which provide for such a contingency shall have any application in such case.

  • Temporary Reduction of Rent If the Property is destroyed or damaged and Landlord or Tenant repairs or restores the Property pursuant to the provisions of this Article Seven, any rent payable during the period of such damage, repair and/or restoration shall be reduced according to the degree, if any, to which Tenant's use of the Property is impaired. However, the reduction shall not exceed the sum of one year's payment of Base Rent, insurance premiums and real property taxes. Except for such possible reduction in Base Rent, insurance premiums and real property taxes, Tenant shall not be entitled to any compensation, reduction, or reimbursement from Landlord as a result of any damage, destruction, repair, or restoration of or to the Property.

  • Abatement of Rent In the event that Tenant is prevented from using, and does not use, the Premises or any portion thereof, as a result of (i) any repair, maintenance or alteration performed by Landlord, or which Landlord failed to perform, after the Lease Commencement Date and required by this Lease, which substantially interferes with Tenant’s use of the Premises, or (ii) any failure to provide services, utilities or access to the Premises as required by this Lease (either such set of circumstances as set forth in items (i) or (ii), above, to be known as an “Abatement Event”), then Tenant shall give Landlord notice of such Abatement Event, and if such Abatement Event continues for five (5) consecutive business days after Landlord’s receipt of any such notice (the “Eligibility Period”), then the Base Rent, Tenant’s Share of Direct Expenses, and Tenant’s obligation to pay for parking (to the extent not utilized by Tenant) shall be abated or reduced, as the case may be, after expiration of the Eligibility Period for such time that Tenant continues to be so prevented from using, and does not use for the normal conduct of Tenant’s business, the Premises or a portion thereof; provided, however, in the event that Tenant is prevented from using, and does not use, a portion of the Premises, and as result thereof it is commercially impractical for Tenant to use all or a portion of the remaining Premises (i.e., the portion of the Premises that Tenant is actually able to use), and if Tenant does not conduct its business from the remaining Premises or portion thereof, then for such time during which it is impractical for Tenant to conduct its business therein, the Base Rent, Tenant’s Share of Direct Expenses, and Tenant’s obligation to pay for parking (to the extent not utilized by Tenant) shall also be abated for the remaining Premises (or portion thereof) that Tenant does not use. If, however, Tenant reoccupies any portion of the Premises during such period, the Base Rent, Tenant’s Share of Direct Expenses, and Tenant’s obligation to pay for parking (to the extent not utilized by Tenant) allocable to such reoccupied portion, based on the proportion that the rentable area of such reoccupied portion of the Premises bears to the total rentable area of the Premises, shall be payable by Tenant from the date Tenant reoccupies such portion of the Premises. To the extent an Abatement Event is caused by an event covered by Articles 11 or 13 of this Lease, then Tenant’s right to ▇▇▇▇▇ rent shall be governed by the terms of such Article 11 or 13, as applicable, and the Eligibility Period shall not be applicable thereto. Such right to ▇▇▇▇▇ Base Rent and Tenant’s Share of Direct Expenses shall be Tenant’s sole and exclusive remedy for rent abatement at law or in equity for an Abatement Event. Except as expressly provided in this Section 19.5.2 or elsewhere in this Lease, nothing contained herein shall be interpreted to mean that Tenant is excused from paying Rent due hereunder.

  • Adjustment of Rent Lessee and Lessor agree that the payments and allocations of Basic Rent, Stipulated Loss Values, Stipulated Loss Amounts, Termination Values and Termination Amount percentages and the Early Purchase Price shall be adjusted to the extent provided in Section 2.6 of the Participation Agreement.

  • Payment of Rent If the tenant is required to pre-pay rent in advance it should be selected. This is common with tenants with no or bad credit history. Section XIII.