Common use of Rent Offset Clause in Contracts

Rent Offset. All necessary Remediation work on the Leased Premises will be undertaken at AFRH’s cost and expense on AFRH’s behalf by ▇▇▇▇▇▇ in accordance with the provisions set forth in the Development Agreement. Lessee shall fund the Remediation work and will receive a credit toward future payment of Rent owed to AFRH pursuant to this Lease in the amount of such advance.

Appears in 2 contracts

Sources: Master Lease, Parcel Ground Lease