APPOINTMENT OF RECEIVER OR LIQUIDATOR. It is hereby stipulated and agreed between the parties that in the event of the appointment of a receiver to the Lessee, whether provisional or permanent, and/or a pre-liquidator and/or liquidator and/or should a winding up order have been granted against it, and should such aforesaid appointment or order not have been cancelled within 90 days, the very fact of such appointment and/or the grant of such order and the non cancellation thereof within the period of time set out above shall amount to a fundamental breach of this Agreement, and it is hereby expressly agreed that in such circumstances the validity of this Agreement shall lapse and neither the Lessee, the receiver, the pre-liquidator and/or liquidator shall have any further rights in and to the Premises (save for the right to take therefrom the Lessee's property found therein) and such receiver, pre- liquidator and/or liquidator shall be obliged to vacate the Premises and to restore possession thereof to the Company within the 90 days referred to above.
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