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Common use of Distress Clause in Contracts

Distress. No distress, execution, attachment, sequestration or other process has been levied on an asset of the Company which remains undischarged.

Appears in 4 contracts

Sources: License and Collaboration Agreement (Spring Bank Pharmaceuticals, Inc.), Share Purchase Agreement (Spring Bank Pharmaceuticals, Inc.), License and Collaboration Agreement (Denali Therapeutics Inc.)

Related Clauses

  • Seizure
  • Expropriation
  • Assault
  • Attachment
  • No Expropriation

Parent Clauses

  • Default
  • Surrender of Premises
  • Events of Default
  • LANDLORD'S INSURANCE
  • Insolvency Winding Up Etc

Sub-Clauses

  • F4 Current scanning
  • Right of Re-Entry
  • Right of Termination
  • Distress
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