Common use of Bankruptcy of Tenant Clause in Contracts

Bankruptcy of Tenant. It shall be a default by Tenant under this Lease (“Default” or “Event of Default”) if Tenant makes an assignment for the benefit of creditors, or files a voluntary petition under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law, or an involuntary petition is filed against Tenant under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law that is not dismissed within 90 days after filing, or whenever a receiver of Tenant, or of, or for, the property of Tenant shall be appointed, or Tenant admits it is insolvent or is not able to pay its debts as they mature.

Appears in 3 contracts

Samples: Acceptance Agreement (Cybex International Inc), Office Facility Lease (I Trax Inc), GlenRose Instruments Inc.

AutoNDA by SimpleDocs

Bankruptcy of Tenant. It shall be a default by Tenant under this Lease (“Default” or “Event of Default”) if Tenant makes an assignment for the benefit of creditors, or files a voluntary petition under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law, or an involuntary petition is filed against Tenant under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law that is not dismissed within 90 ninety (90) days after filing, or whenever a receiver of Tenant, Tenant or of, of or for, for the property of Tenant shall be appointed, or Tenant admits it is insolvent or is not able to pay its debts as they mature.

Appears in 2 contracts

Samples: CompoSecure, Inc., Letter (Clearfield, Inc.)

Bankruptcy of Tenant. It shall be a default by Tenant under this Lease (“Default” or “Event of Default”) if Tenant makes an assignment for the benefit of creditors, or files a voluntary petition under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law, or an involuntary petition is filed against Tenant under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law that is not dismissed within 90 ninety (90) days after filing, or whenever a receiver of Tenant, or of, or for, substantially all of the property of Tenant shall be appointed, or Tenant admits it is insolvent or is not able to pay its debts as they mature.

Appears in 2 contracts

Samples: Lease Agreement, Dendreon Corp

Bankruptcy of Tenant. It shall be a default by Tenant under this Lease (“Default” or “Event of Default”) if Tenant makes an assignment for the benefit of creditors, or files a voluntary petition under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law, or an involuntary petition is filed against Tenant under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law that is not dismissed within 90 ninety (90) days after filing, or whenever a receiver of Tenant, or of, or for, the property of Tenant shall be appointed, or Tenant admits it is insolvent or is not able to pay its debts as they mature.

Appears in 2 contracts

Samples: Renewal Option (United Natural Foods Inc), Renewal Option (United Natural Foods Inc)

Bankruptcy of Tenant. It shall be a default by Tenant under this Lease (“Default” or “Event of Default”) if Tenant makes an assignment for the benefit of creditors, or files a voluntary petition under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law, or an involuntary petition is filed against Tenant under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law that is not dismissed within 90 days after filing, or whenever a receiver of Tenant, or of, or for, the property of Tenant shall be appointed, or Tenant Xxxxxx admits it is insolvent or is not able to pay its debts as they mature.

Appears in 1 contract

Samples: Argyle Security, Inc.

Bankruptcy of Tenant. It shall be a default by Tenant under this Lease (“Default” or “Event of Default”) if Tenant makes an assignment for the benefit of creditors, or files a voluntary petition under any state or federal bankruptcy or insolvency law (including the United States Bankruptcy Code) or insolvency law), or an involuntary petition is filed against Tenant under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law that is not dismissed within 90 ninety (90) days after filing, or whenever a receiver of Tenant, or of, or for, the property of Tenant shall be appointed, or Tenant admits in writing it is insolvent or is not able to pay its debts as they mature.

Appears in 1 contract

Samples: Mq Associates Inc

Bankruptcy of Tenant. It shall be a default by Tenant under this Lease (“Default” or “Event of Default”) if Tenant makes an assignment for the benefit of creditors, or files a voluntary petition under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law, or an involuntary petition is filed against Tenant under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law that is not dismissed within 90 ninety (90) days after filing, or whenever a receiver of Tenant, Tenant or of, of or for, for the property of Tenant shall be appointed, or Tenant Txxxxx admits it is insolvent or is not able to pay its debts as they mature.

Appears in 1 contract

Samples: JP Outfitters, Inc.

Bankruptcy of Tenant. It shall be a default by Tenant under this Lease (“Default” or “Event of Default”) if Tenant makes an assignment for the benefit of creditors, or files a voluntary petition under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law, or an involuntary petition is filed against Tenant Tenant, as the case may be under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law that is not dismissed within 90 ninety (90) days after filing, or whenever a receiver of Tenant, Tenant or of, or for, the property of Tenant shall be appointed, or Tenant admits it is insolvent or is not able to pay its debts as they mature.

Appears in 1 contract

Samples: Disturbance Agreement (Seagen Inc.)

AutoNDA by SimpleDocs

Bankruptcy of Tenant. It shall be a default by Tenant under this Lease (“Default” or “Event of Default”) if Tenant makes an assignment for the benefit of creditors, or files a voluntary petition under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law, or an involuntary petition is filed against Tenant under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law that is not dismissed within 90 ninety (90) days after filing, or whenever a receiver of Tenant, Tenant or of, of or for, for the property of Tenant shall be appointed, or Tenant admits it is insolvent or is not able to pay its debts as they maturemature (collectively, “Bankruptcy Default”).

Appears in 1 contract

Samples: NANOPHASE TECHNOLOGIES Corp

Bankruptcy of Tenant. It shall be a default by Tenant under this Lease (“Default” or “Event of Default”) if Tenant makes an assignment for the benefit of creditors, or files a voluntary petition under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law, or an involuntary petition is filed against Tenant under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law that is not dismissed within 90 ninety (90) days after filing, or whenever a receiver of Tenant, Tenant or of, of or for, for the property of Tenant shall be appointed, or Tenant admits it is insolvent or is not able to pay its debts as they mature.. 21.2

Appears in 1 contract

Samples: www.sec.gov

Bankruptcy of Tenant. It shall be a default by Tenant under this Lease (“Default” or “Event of Default”) if Tenant makes an assignment for the benefit of creditors, or files a voluntary petition under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law, or an involuntary petition is filed against Tenant under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law that is not dismissed within 90 ninety (90) days after filing, or whenever a receiver of Tenant, or of, of or for, for the property of Tenant shall be appointed, or Tenant admits it is insolvent or is not able to pay its debts as they mature.

Appears in 1 contract

Samples: Water Now, Inc.

Bankruptcy of Tenant. It shall be a default by Tenant under this Lease (“Default” "DEFAULT" or “Event of Default”"EVENT OF DEFAULT") if Tenant makes an assignment for the benefit of creditors, or files a voluntary petition under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law, or an involuntary petition is filed against Tenant under any state or federal bankruptcy (including the United States Bankruptcy Code) or insolvency law that is not dismissed within 90 days after filing, or whenever a receiver of Tenant, or of, or for, the property of Tenant shall be appointed, or Tenant admits it is insolvent or is not able to pay its debts as they mature.

Appears in 1 contract

Samples: Advanced Lighting Technologies Inc

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!