Execution and Attachment Against Tenant Clause Samples
The 'Execution and Attachment Against Tenant' clause defines the landlord's rights to enforce legal judgments or recover debts by seizing the tenant's property located on the leased premises. In practice, this clause allows the landlord to initiate legal proceedings to attach or take possession of the tenant's assets if the tenant defaults on rent or other obligations under the lease. Its core function is to provide the landlord with a mechanism to secure payment or performance, thereby reducing the risk of financial loss due to tenant noncompliance.
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Execution and Attachment Against Tenant. Tenant’s interest under this Lease or in the Premises is taken upon execution or by other process of law directed against Tenant, or is subject to any attachment by any creditor or claimant against Tenant and such attachment is not discharged or disposed of within 30 days after levy.
Execution and Attachment Against Tenant. A Default by Tenant shall exist if Tenant's interest under this Lease or in the Demised Premises shall be taken upon execution or by other process of law directed against Tenant, or shall be subject to any attachment at the instance of any creditor or claimant against Tenant and said attachment shall not be discharged or disposed of within 15 days after the levy thereof.
Execution and Attachment Against Tenant. Tenant’s interest under this Lease or in the Premises is taken upon execution or by other process of law directed against Tenant, or is subject to any attachment by any creditor or claimant against Tenant.
Execution and Attachment Against Tenant. A Default by Tenant shall exist if Tenant's interest under this Lease or in the Demised Premises shall be taken upon execution or by other process of law directed against Tenant, or shall be subject to any attachment at the instance of any creditor or claimant against Tenant and said attachment shall not be discharged or disposed of within fifteen (15) days after the levy thereof.
Execution and Attachment Against Tenant. ▇▇▇▇▇▇’s interest under this Lease or in the Premises is taken upon execution or by other process of law directed against ▇▇▇▇▇▇, or is subject to any attachment by any creditor or claimant against Tenant.