Common use of Triple Net Lease Clause in Contracts

Triple Net Lease. Landlord and Tenant acknowledge that, to the extent provided in this Lease, it is their intent and agreement that this Lease be a “TRIPLE NET” lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building and the Project, and Tenant’s operation therefrom to the extent provided in this Lease. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant as Additional Rent.

Appears in 24 contracts

Sources: Lease Agreement (Nkarta, Inc.), Lease (Biotech Acquisition Co), Lease (Oric Pharmaceuticals, Inc.)

Triple Net Lease. Landlord and Tenant acknowledge that, except as otherwise provided to the extent provided contrary in this Lease, it is their intent and agreement that this Lease be a "TRIPLE NET" lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building and the Project, and Tenant’s 's operation therefrom to the extent provided in this Leasetherefrom. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant as Additional Rent.

Appears in 13 contracts

Sources: Lease (Brooklyn ImmunoTherapeutics, Inc.), Partial Lease Termination Agreement and First Amendment to Lease (Zentalis Pharmaceuticals, Inc.), Lease (Turning Point Therapeutics, Inc.)

Triple Net Lease. Landlord and Tenant acknowledge that, except as otherwise provided to the extent provided contrary in this Lease, it is their intent and agreement that this Lease be a “TRIPLE NET” lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building and the Project, and Tenant’s operation therefrom to the extent provided in this Leasetherefrom. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant as Additional Rent.

Appears in 10 contracts

Sources: Lease (Sorrento Therapeutics, Inc.), Lease Agreement (Werewolf Therapeutics, Inc.), Lease (Aligos Therapeutics, Inc.)

Triple Net Lease. Landlord and Tenant acknowledge that, to the extent provided in this Lease, it is their intent and agreement that this Lease be a "TRIPLE NET" lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building and the Project, and Tenant’s 's operation therefrom to the extent provided in this Lease. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant as Additional Rent.

Appears in 7 contracts

Sources: Lease (Nkarta, Inc.), Sublease (Sutro Biopharma, Inc.), Lease (Graphite Bio, Inc.)

Triple Net Lease. Landlord and Tenant acknowledge that, to the extent provided in this Lease, it is their intent and agreement that this Lease be a “TRIPLE NET” lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building and the Project, and Tenant▇▇▇▇▇▇’s operation therefrom to the extent provided in this Lease. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant ▇▇▇▇▇▇ as Additional Rent.

Appears in 6 contracts

Sources: Lease (Septerna, Inc.), Lease (Septerna, Inc.), Lease Agreement

Triple Net Lease. Landlord and Tenant acknowledge that, except as otherwise provided to the extent provided contrary in this Lease, it is their intent and agreement that this Lease be a "TRIPLE NET" lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building Lease and the Project, and Tenant’s 's operation therefrom to the extent provided in this Leasetherefrom. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant as Additional RentRent as provided herein.

Appears in 4 contracts

Sources: Office Lease (Pulmonx Corp), Office Lease (Pulmonx Corp), Office Lease (Pulmonx Corp)

Triple Net Lease. Landlord and Tenant acknowledge that, except as otherwise provided to the extent provided contrary in this Lease, it is their intent and agreement that this Lease be a “TRIPLE NET” lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building and the Project, and Tenant’s operation therefrom therefrom, subject to the extent provided in this LeaseSection 4.2, below. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant as Additional Rent.

Appears in 3 contracts

Sources: Lease Agreement, Lease (Synthorx, Inc.), Lease (Synthorx, Inc.)

Triple Net Lease. Landlord and Tenant acknowledge that, except as otherwise provided to the extent provided contrary in this Lease, it is their intent and agreement that this Lease be a “TRIPLE NET” lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building and the Project, and Tenant’s operation therefrom to the extent provided in this Leaseexcept as expressly described herein. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant as Additional Rent.

Appears in 3 contracts

Sources: Lease Agreement (Organovo Holdings, Inc.), Lease (Organovo Holdings, Inc.), Lease (Organovo Holdings, Inc.)

Triple Net Lease. Landlord and Tenant acknowledge that, except as otherwise provided to the extent provided contrary in this Lease, it is their intent and agreement that this Lease be a “TRIPLE NETnet” lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building and the Project, and Tenant’s operation therefrom to the extent provided in this Leaseexcept as expressly described herein. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant as Additional Rent.

Appears in 2 contracts

Sources: Lease Agreement (Jounce Therapeutics, Inc.), Lease Agreement (Jounce Therapeutics, Inc.)

Triple Net Lease. Landlord and Tenant acknowledge that, except as otherwise provided to the extent provided contrary in this Lease, it is their intent and agreement that this Lease be a "TRIPLE NET" lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord Landlord, to the extent expressly provided in this Lease, for the costs and expenses reasonably associated with this Lease, the Building and the Project, and Tenant’s 's operation therefrom to the extent provided in this Leasetherefrom. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant as Additional Rent.

Appears in 2 contracts

Sources: Sublease (Pulmonx Corp), Sublease (Pulmonx Corp)

Triple Net Lease. Landlord and Tenant acknowledge that, to the extent provided in this Lease, it is their intent and agreement that this Lease be a "TRIPLE NET" lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building and the Project, and Tenant’s T▇▇▇▇▇'s operation therefrom to the extent provided in this Lease. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant T▇▇▇▇▇ as Additional Rent.

Appears in 2 contracts

Sources: Lease Agreement (Surrozen, Inc./De), Lease Agreement (Five Prime Therapeutics Inc)

Triple Net Lease. Landlord and Tenant T▇▇▇▇▇ acknowledge that, except as otherwise provided to the extent provided contrary in this Lease, it is their intent and agreement that this Lease be a “TRIPLE NET” lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building and the Project, and TenantT▇▇▇▇▇’s operation therefrom to the extent provided in this Leasetherefrom. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant T▇▇▇▇▇ as Additional Rent.

Appears in 2 contracts

Sources: Lease Agreement (Camp4 Therapeutics Corp), Lease (Alumis Inc.)

Triple Net Lease. Landlord and Tenant acknowledge that, except as otherwise provided to the extent provided contrary in this Lease, it is their intent and agreement that this Lease be a "TRIPLE NET" lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building Premises and Tenant's Share of the Project, and Tenant’s 's operation therefrom to the extent provided in this Leasetherefrom. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant as Additional RentRent in accordance with Section 4, above.

Appears in 1 contract

Sources: Lease Agreement (Solazyme Inc)

Triple Net Lease. Landlord and Tenant acknowledge that, except as otherwise provided to the extent provided contrary in this Lease, it is their intent and agreement that this Lease be a “TRIPLE NET” lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building Premises and Tenant’s Share of the Project, and Tenant’s operation therefrom to the extent provided in this Leasetherefrom. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant as Additional RentRent in accordance with Section 4, above.

Appears in 1 contract

Sources: Consent to Sublease Agreement (Audentes Therapeutics, Inc.)

Triple Net Lease. Landlord and Tenant acknowledge that, except as otherwise provided to the extent provided contrary in this Lease, it is their intent and agreement that this Lease be a “TRIPLE NET” lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building and the Project, and Tenant’s operation therefrom therefrom, subject to the extent provided in terms and provisions of this Lease. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant as Additional Rent, subject to the terms and conditions of this Lease.

Appears in 1 contract

Sources: Lease (Maze Therapeutics, Inc.)

Triple Net Lease. Landlord and Tenant acknowledge that, except as otherwise provided to the extent provided contrary in this Lease, it is their intent and agreement that this Lease be a "TRIPLE NET" lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs Tenant's Share of Operating Expenses and expenses reasonably associated with this LeaseTax Expenses, the Building and the Project, and Tenant’s operation therefrom subject to the extent provided limitations set forth in this LeaseArticle 4. To the extent such costs that Tenant's Share of Operating Expenses and expenses payable by Tenant Tax Expenses cannot be charged directly to, and paid by, Tenant, such costs Tenant's Share of Operating Expenses and expenses Tax Expenses shall be paid by Landlord but reimbursed by Tenant as Additional Rent.

Appears in 1 contract

Sources: Lease (Veeco Instruments Inc)

Triple Net Lease. Landlord and Tenant ▇▇▇▇▇▇ acknowledge that, except as otherwise provided to the extent provided contrary in this Lease, it is their intent and agreement that this Lease be a "TRIPLE NET” net" lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building and the Project, and Tenant’s ▇▇▇▇▇▇'s operation therefrom to the extent provided in this Leasetherefrom. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant ▇▇▇▇▇▇ as Additional Rent.

Appears in 1 contract

Sources: Lease (Kura Oncology, Inc.)

Triple Net Lease. Landlord and Tenant acknowledge that, except as otherwise provided to the extent provided contrary in this Lease, it is their intent and agreement that this Lease be a “TRIPLE NET” lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with with, and equitably allocated to, this Lease, the Building and the Project, and Tenant’s operation therefrom to the extent provided in this Leasetherefrom. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant as Additional Rent.

Appears in 1 contract

Sources: Lease (Cogent Biosciences, Inc.)

Triple Net Lease. Landlord and Tenant acknowledge that, except as otherwise provided to the extent provided contrary in this Lease, it is their intent and agreement that this Lease be a “TRIPLE NET” lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building Lease and the Project, and Tenant’s operation therefrom to the extent provided in this Leasetherefrom. To the extent such costs and expenses payable by Tenant cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant as Additional Rent, to the extent properly includable as Building Common Area Expenses or Building Tax Expenses.

Appears in 1 contract

Sources: Industrial Lease (Celtron International Inc)

Triple Net Lease. Landlord and Tenant acknowledge that, except as otherwise provided to the extent provided contrary in this Lease, it is their intent and agreement that this Lease be a “TRIPLE NET” lease and that as such, the provisions contained in this Lease are intended to pass on to Tenant or reimburse Landlord for the costs and expenses reasonably associated with this Lease, the Building and the Project, and Tenant’s operation therefrom to the extent provided in this Leasetherefrom. To the extent such costs and expenses payable by Tenant pursuant to the terms of this Lease cannot be charged directly to, and paid by, Tenant, such costs and expenses shall be paid by Landlord but reimbursed by Tenant as Additional Rent.

Appears in 1 contract

Sources: Lease (Dynamics Special Purpose Corp.)