Rollover Until Credits Received Clause Samples
Rollover Until Credits Received. If the amount of the Rent Credits exceeds the amount of the Percentage Rent due for a year, the balance of the Rent Credits shall be carried over and deducted from each following year’s Percentage Rent, without interest, until all Rent Credits have been fully accounted for. If this Lease terminates for any reason before all Rent Credits have been received by ▇▇▇▇▇▇, then the Rent Credits shall be lost and Landlord shall have no obligation to pay to Tenant the amount of an unused Rent Credit.
