Common use of Offset Payments Clause in Contracts

Offset Payments. Any offset payments made by Tenant and accepted by Landlord for either or both demolition costs and/or New Red River are specific to such demolition and New Red River, and neither establish precedent for, nor create any option for, the future offset of Base Rent and Additional Rent otherwise due from Tenant to Landlord under this Agreement.

Appears in 2 contracts

Sources: Ground Lease, Ground Lease