Common use of INSOLVENCY OF TENANT Clause in Contracts

INSOLVENCY OF TENANT. 21.01 Either (a) the appointment of a receiver to take possession of all or substantially all of the assets of Tenant, or (b) a general assignment by Tenant for the benefit of creditors, or (c) any action taken or suffered by Tenant under any insolvency or bankruptcy act shall, if any such appointments, assignments or action continues for a period of sixty (60) days, constitute a breach of this Lease by Tenant, and Landlord may at its election without notice, terminate this Lease and in that event be entitled to immediate possession of the Leases Premises and damages as provided below.

INSOLVENCY OF TENANT. 21.01 Either 24.01 Either (aA) the appointment of a receiver to take possession of all or substantially all of the assets of Tenant, or (bB) a general assignment by Tenant for the benefit of creditors, or (cC) any action taken or suffered by Tenant under any insolvency or bankruptcy act shall, if any such appointmentsappointment, assignments or action continues for a period of sixty thirty (6030) days, constitute a breach of this Lease by Tenant, Tenant and Landlord may at its election without notice, terminate this Lease and in that event be entitled to immediate possession of the Leases Leased Premises and damages as provided belowherein.

INSOLVENCY OF TENANT. 21.01 Either 20.01 Either (a) the appointment of a receiver to take possession of all or substantially all of the assets of Tenant, or (b) a general assignment by Tenant for the benefit of creditors, or (c) any action taken or suffered by Tenant under any insolvency or bankruptcy act shall, if any such appointmentsappointment, assignments assignment or action continues for a period of sixty (60) days, constitute a breach of this Lease by Tenant, and Landlord may at its election without notice, terminate this Lease and in that event be entitled to immediate possession of the Leases Leased Premises and damages as provided below.

INSOLVENCY OF TENANT. 21.01 Either 15.01 Either (a) the appointment of a receiver to take possession of all or substantially all of the assets of Tenant, or (b) a general assignment by Tenant for the benefit of creditors, or (c) any action taken or suffered by Tenant under any insolvency or bankruptcy act shall, if any such appointmentsappointment, assignments assignment or action continues for a period of sixty (60) days, constitute a breach of this Lease by Tenant, and Landlord may at its election elecfion without notice, terminate this Lease and in that event be entitled to immediate possession of the Leases Leased Premises and damages as provided below.

INSOLVENCY OF TENANT. 21.01 Either 19.01 Either (a) the appointment of a receiver to take possession of all or substantially all of the assets of Tenant, or (b) a general assignment by Tenant for the benefit of creditors, or (c) any action taken or suffered by Tenant under any insolvency or bankruptcy act shall, if any such appointments, assignments or action continues for a period of sixty (60) days, constitute a breach of this Lease by Tenant, and Landlord may at its election without with written notice, terminate this Lease and in that event be entitled to immediate possession of the Leases Leased Premises and damages as provided below.