Let me get this straight, (L.M.G.T.S.),... You WANT to go to the show, or not?
To state something clearly and honestly so that there is no confusion or misunderstanding.
Usually signifies the end of a conversation.
“I’m not interested in dating you, so let that be straight.”
“You owe me $50 for the pizza we ordered last week, let that be straight.”
You are a friend and you want to clear up a misunderstanding with another friend. You say: “I’m sorry if I hurt your feelings, but I was just joking. Let that be straight.”