Common use of Right of Deduction Clause in Contracts

Right of Deduction. Any improvement or work done or authorized by Tenant or performed to Tenant’s account, the cost of which remains unpaid at the time the Construction Consideration is otherwise payable, and any accrued Rental which remains unpaid at the time the Construction Consideration is payable, will be deducted from any Construction Consideration payment by Landlord to Tenant, and Landlord may hold the same as security against any liens arising therefrom if Tenant has not posted a bond or other security, or Landlord may pay such unpaid cost for and on behalf of Tenant.

Right of Deduction. Any improvement or work done or authorized by Tenant or performed to Tenant’s 's account, the cost of which remains unpaid at the time the Construction Consideration Allowance is otherwise payable, and any accrued Rental which remains unpaid at the time the Construction Consideration Allowance is payable, will be deducted from any Construction Consideration Allowance payment by Landlord to Tenant, and Landlord may hold the same as security against any liens arising therefrom if Tenant has not posted a bond or other security, or Landlord may pay such unpaid cost for and on behalf of Tenant.

Right of Deduction. Any improvement or work done or authorized by Tenant or performed to Tenant’s account, the cost of which remains unpaid at the time the Construction Consideration Allowance is otherwise payable, and any accrued Rental which remains unpaid at the time the Construction Consideration Allowance is payable, will be deducted from any Construction Consideration Allowance payment by Landlord to Tenant, and Landlord may hold the same as security against any liens arising therefrom if Tenant Xxxxxx has not posted a bond or other security, or Landlord may pay such unpaid cost for and on behalf of Tenant.