Common use of Execution and Attachment Against Tenant Clause in Contracts

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.

Appears in 3 contracts

Samples: Master Lease, Master Lease, Asset Purchase Agreement (Acr Group Inc)

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Execution and Attachment Against Tenant. A Default by Tenant shall exist if Tenant's ’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 thirty calendar (30) days after the levy thereof.

Appears in 2 contracts

Samples: Lease Agreement (Solera National Bancorp, Inc.), Lease Agreement (Solera National Bancorp, Inc.)

Execution and Attachment Against Tenant. A Default by Tenant shall exist if Tenant's ’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.

Appears in 1 contract

Samples: Lease (Gc Net Lease Reit, Inc.)

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 fifteen (15) days after the levy thereof.

Appears in 1 contract

Samples: Agreement of Lease (Yurie Systems Inc)

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Execution and Attachment Against Tenant. A Default by Tenant shall exist if Tenant's ’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 fifteen (15) days after the levy thereof.

Appears in 1 contract

Samples: Lease Agreement (Alliance Data Systems Corp)

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