Tenant Bankruptcy Sample Clauses

Tenant Bankruptcy. If Tenant becomes bankrupt or makes voluntary assignment for the benefit of creditors or if a receiver is appointed for Tenant, Landlord may terminate this lease by giving five (5) days written notice to Tenant of Landlord's intention to do so.
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Tenant Bankruptcy. If an order for relief is entered or if a stay of proceeding or other acts become effective in favor of Tenant or Tenant’s interest in this Lease in any proceeding which is commenced by or against Tenant under the present or any future federal bankruptcy code or any other present or future applicable federal, state or other statute or law, Landlord shall be entitled to invoke any and all rights and remedies available to it under such bankruptcy code, statute, law or this Lease, including, without limitation, such rights and remedies as may be necessary to protect adequately Landlord’s right, title and interest in and to the Premises or any part thereof and to assure adequately the complete and continuous future performance of Tenant’s obligations under this Lease. Adequate protection of Landlord’s right, title and interest in and to the Premises, and adequate assurance of the complete and continuous future performance of Tenant’s obligations under this Lease, shall include, without limitation, the following requirements:
Tenant Bankruptcy. 1. In the event of the institution of any bankruptcy, reorganization or insolvency proceeding by or against any Tenant and, as a result of the institution of such proceeding, Tenant fails to timely comply with its obligations under the Lease to pay Base Rent, then, in such event, the obligations of the Company under this policy to pay to the Trustee the Ascertained Net Loss relating to a proof of loss initially submitted during such period of time as Tenant fails to meet its obligation under the Lease to pay Base Rent, as provided hereinabove, shall be suspended for so long as Tenant fails to meet its obligation under the Lease to pay Base Rent. The Company's obligations under this policy shall recommence upon the earlier of (i) resumption of payments by the Tenant, (ii) dismissal (other than by an order of discharge in favor of the Tenant) of any such proceeding of insolvency, bankruptcy, reorganization or the like, or (iii) the entry of an appropriate order confirming Tenant's assumption of its obligations under the Lease, including actual timely payment and receipt of rent by the Trustee.
Tenant Bankruptcy. No bankruptcy proceedings shall have initiated between the end of the Due Diligence Period and the Closing Date with respect to any Anchor Tenant; and
Tenant Bankruptcy. (a) As a material inducement to Landlord executing this Lease, Tenant hereby acknowledges and agrees that Landlord is relying upon (i) the financial condition and specific operating experience of the Tenant Parties and Tenant’s obligation to use the Demised Premises specifically for the Permitted Use and (ii) Tenant’s timely performance of all of its obligations under this Lease notwithstanding the entry of an order for relief under the Bankruptcy Code for Tenant.
Tenant Bankruptcy. Upon the filing of a petition by or against Tenant under the Bankruptcy Code and upon such filing of the petition, Tenant, as debtor or as debtor in possession, agrees:
Tenant Bankruptcy. In the event the Tenant is adjudicated as bankrupt, (or makes an assignment for the benefit of creditors), this Lease, at the option of the Landlord, shall terminate upon thirty (30) days written notice and the Premises shall be surrendered to the Landlord, who hereby reserves the right to reenter and repossess the Premises. SAMPLE
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Tenant Bankruptcy. In the event of a Bankruptcy action in which Tenant or any Affiliate thereof is a debtor:
Tenant Bankruptcy. 9.1 If, prior to closing, any tenant or tenants which in the aggregate lease more than 10% of the rentable area of the buildings on the Property or any tenant which leases more than 15,000 square feet of the buildings, files a petition for relief with any bankruptcy court, with jurisdiction or be the subject of any petition under Title 11 of the U.S. Code, as amended, Seller shall forthwith notify Purchaser of such filing, in writing. If Purchaser gives written notice of its election to terminate this Purchase Agreement to Seller within fifteen (15) days of Seller's giving notice of such bankruptcy as a result of such filing, this Purchase Agreement shall be terminated and become null and void, and the Xxxxxxx Money be returned to Purchaser and neither party hereto shall have any further obligations to any other party other than the indemnity and confidentiality obligations herein.
Tenant Bankruptcy. In the event any act of bankruptcy (as set forth in items (d), (e), (f), (g) or (h) of Paragraph 12) shall occur, the parties agree that this Lease shall be automatically terminated and Tenant shall have no right or interest in or to the Leased Premises. Notwithstanding the foregoing, Tenant shall not be relieved of its responsibility for paying all amounts due under the Lease Agreement in the event of bankruptcy and immediate termination of this Agreement.
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