Common use of Remedy for Improper Drafts Clause in Contracts

Remedy for Improper Drafts. Tenant acknowledges that Landlord’s draw against the Letter of Credit, application or retention of any proceeds thereof, or the Bank’s payment under such Letter of Credit, could not, under any circumstances, cause Tenant injury that could not be remedied by an award of money damages, and that the recovery of money damages would be an adequate remedy therefor. 1005628.07/SF 375170-00002/11-24-16/mrm/mrm -11-

Remedy for Improper Drafts. Tenant acknowledges that Landlord’s 's draw against the Letter of Credit, application or retention of any proceeds thereof, or the Bank’s 's payment under such Letter of Credit, could not, under any circumstances, cause Tenant injury that could not be remedied by an award of money damages, and that the recovery of money damages would be an adequate remedy therefor. 1005628.07/SF 375170-00002/11-24-16/mrm/mrm -11-.