Common use of Rights and Obligations Under the Bankruptcy Code Clause in Contracts

Rights and Obligations Under the Bankruptcy Code. (1) Upon the filing of a petition by or against Tenant under the Bankruptcy Code, Tenant, as debtor and as debtor-in-possession, and any trustee who may be appointed with respect to the assets of or estate in bankruptcy of Tenant, agree to pay monthly in advance on the first day of each month, as reasonable compensation for the use and occupancy of the Premises, an amount equal to the then-applicable monthly installments of Minimum Annual Rent and other charges otherwise due pursuant to this Lease.

Rights and Obligations Under the Bankruptcy Code. (1) Upon the filing of a petition by or against Tenant under the Bankruptcy Code, Tenant, as debtor and as debtor-in-possessiondebtor‑in‑possession, and any trustee who may be appointed with respect to the assets of or estate in bankruptcy of Tenant, agree to pay monthly in advance on the first fifteenth (15th) day of each month, as reasonable compensation for the use and occupancy of the Leased Premises, an amount equal to the then-applicable monthly installments of Minimum Annual all Rent and other charges otherwise due pursuant to this Lease.

Rights and Obligations Under the Bankruptcy Code. (1( 1 ) Upon the filing of a petition by or against Tenant under the Bankruptcy Code, Tenant, as debtor and as debtor-debtor- in-possession, and any trustee who may be appointed with respect to the Tenant's assets of or estate in bankruptcy of Tenant, agree to shall pay monthly in advance on the first day of each month, as reasonable compensation for the use and occupancy of the Premises, an amount equal to the then-applicable monthly installments of all Minimum Annual Rent and all other charges Additional Charges otherwise due pursuant to this Lease.