Common use of Insolvency or Dissolution Clause in Contracts

Insolvency or Dissolution. Lessee shall become insolvent or unable to pay its debts, or shall fail generally to pay its debts as they become due; or any court shall enter a decree or order directing the winding up or liquidation of Lessee or of substantially all of its assets; or Lessee shall take any action toward the dissolution or winding up of its affairs or the cessation or suspension of its use of the Premises; and,

Appears in 3 contracts

Samples: Office Lease (Atara Biotherapeutics, Inc.), Office Lease, Office Lease (Novus Capital Corp II)

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Insolvency or Dissolution. Lessee shall become insolvent or ------------------------- unable to pay its debts, or shall fail generally to pay its debts as they become due; or any court shall enter a decree or order directing the winding up or liquidation of Lessee or of substantially all of its assets; or Lessee shall take any action toward the dissolution or winding up of its affairs or the cessation or suspension of its use of the Premises; and,.

Appears in 2 contracts

Samples: Office Lease (Ticketmaster Online Citysearch Inc), Office Lease (Citysearch Inc)

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Insolvency or Dissolution. Lessee shall become insolvent or unable ------------------------- to pay its debts, or shall fail generally to pay its debts as they become due; or any court shall enter a decree or order directing the winding up or liquidation of Lessee or of substantially all of its assets; or Lessee shall take any action toward the dissolution or winding up of its affairs or the cessation or suspension of its use of the Premises; and,

Appears in 1 contract

Samples: Office Lease (Plumtree Software Inc)

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