Go-Dark Provision
A go-dark provision allows a tenant to cease operations (go "dark") under specified conditions (for example, anchor departure or other defined triggers), while addressing ongoing rent and compliance obligations as drafted. It is a retail-specific risk allocation tool and is often linked to co-tenancy structures.
- Where it applies
- Generally, not specific to New York
- When it comes up
- Lease Negotiation
- Property types
- Retail
Related terms
Co-TenancyDark StoreContinuous Operation Clause
Retail-Specific Leasing Terms
- Anchor Tenant
- Breakpoint (Percentage Rent)
- Co-Tenancy Clause
- Exclusive Use Clause
- Gross Sales (as Defined in Lease)
- In-Line Tenant
- Kick-Out Clause
- Percentage Rent
- Radius Restriction
General information, not legal, tax or financial advice.