Offset Right means any right or alleged right of Tenant to any offset, defense (other than one arising from actual payment and performance, which payment and performance would bind a Successor Landlord pursuant to this Agreement), claim, counterclaim, reduction, deduction, or abatement against Tenant’s payment of Rent or performance of Tenant’s other obligations under the Lease, arising (whether under the Lease or other applicable law) from Landlord’s breach or default under the Lease.
Offset Right means any right or alleged right of Tenant to any offset, defense (other than one arising from actual payment and performance, which payment and performance would bind a Successor Landlord pursuant to this Agreement), claim, counterclaim, reduction, deduction, or abatement against Tenant’s payment of Rent or performance of Tenant’s other obligations under the Lease, arising (whether under the Lease or other applicable law) from acts or omissions of Former Landlord and/or from Former Landlord’s breach or default under the Lease.
Offset Right. Section 8.3(a)
Examples of Offset Right in a sentence
Notwithstanding anything to the contrary in the Lease or this Agreement or the Lease, before exercising any Termination Right or Offset Right or cancellation right, Tenant shall provide Mortgagee with notice of the breach or default by Landlord giving rise to same (the “Default Notice”) and, thereafter, the opportunity to cure such breach or default as provided for below.
Any Offset Right that Tenant may have against any Former Landlord relating to any event or occurrence before the date of attornment, including any claim for damages of any kind whatsoever as the result of any breach by Former Landlord that occurred before the date of attornment.
More Definitions of Offset Right
Offset Right has the meaning set forth in Section 7.1(a).
Offset Right means any right or alleged right of Tenant to any offset, defense (other than (i) one arising from actual payment and performance, which payment and performance would bind a Successor Landlord pursuant to this Agreement, or (ii) the initial $12,000,000.00 payment under the Lease to the extent received by Landlord or Agent as of the date hereof), claim, counterclaim, reduction, deduction, credit or abatement against Tenant’s payment of rent or performance of Tenant’s other obligations under the Lease, arising (whether under the Lease or other applicable law) from Former Landlord’s breach or default under the Lease.
Offset Right means any right or alleged right of Tenant to any offset, defense (other than one arising from actual payment and performance, which payment and performance would bind a Successor Solar Provider pursuant to this Agreement), claim, counterclaim, reduction, deduction, or abatement against Tenant’s payment of Charges or performance of Tenant’s other obligations under the PPA, arising (whether under the PPA or other applicable law) from Solar Provider’s breach or default under the PPA.
Offset Right means any right or alleged right of the Village to any offset, defense (other than one arising from actual payment and performance, which payment and performance would bind a Successor Owner pursuant to this Agreement), claim, counterclaim, reduction, deduction, or abatement against the Village's payment for the Village Reimbursed Improvements or performance of the Village's other obligations under the Redevelopment Agreement, arising (whether under the Redevelopment Agreement or other applicable law) from Developer's breach or default under the Redevelopment Agreement.
Offset Right means any right or alleged right of Tenant to any offset, defense (other than one arising from actual payment and performance, which payment and performance would bind a Successor Landlord (defined below) pursuant to this Agreement), claim, counterclaim, reduction, deduction, or abatement against Tenant's payment of Rent (defined below) or performance of Tenant's other obligations under the Lease, arising (whether under the Lease or other applicable law) from Landlord's breach or default under the Lease.
Offset Right has the meaning provided in Section 11.12.
Offset Right means BMG's right, with respect to certain monies to which the Offset Right applies hereunder, to demand reimbursement from you of such monies (and you shall immediately make such reimbursement) and/or the right to charge such monies against and/or deduct same from any sums accruing or becoming payable hereunder.