Involuntary Assignment Sample Clauses

Involuntary Assignment. No interest of Tenant in this Lease shall be ---------------------- assignable by operation of law. Without limiting the foregoing, each of the following acts shall be considered an involuntary assignment: (i) Transfer of this Lease by testacy or intestacy; (ii) If Tenant is or becomes bankrupt or insolvent, makes an assignment for the benefit of creditors, or institutes a proceeding under the Bankruptcy Act in which Tenant is the bankrupt; or, if Tenant is a partnership or consists of more than one person or entity, if any general partner of the partnership or other person or entity is or becomes bankrupt or insolvent, or makes an assignment for the benefit of creditors; (iii) The appointment of a trustee or receiver to take possession of substantially all of Tenant's assets located at the Premises or of Tenant's interests in this Lease, where possession is not restored to Tenant within thirty (30) days; or (iv) The attachment, execution or other judicial seizure of substantially all of Tenant's assets located at the Premises or of Tenant's interest in this Lease, where seizure is not discharged within thirty (30) days. An involuntary assignment shall constitute a default by Tenant under this Lease, and in such event Landlord shall have the right to elect to terminate this Lease, in which case this Lease shall not be treated as an asset of Tenant.
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Involuntary Assignment. No interest of Tenant in this Lease shall be assignable by operation of law (including, without limitation, the transfer of this Lease by testacy or intestacy). Each of the following acts shall be considered an involuntary assignment: (a) if Tenant is or becomes bankrupt or insolvent, makes an assignment for the benefit of creditors, or institutes a proceeding under the Bankruptcy Act in which Tenant is bankrupt; or, if Tenant is a partnership or consists of more than one person or entity, if any partner of the partnership or other person or entity is or becomes bankrupt or insolvent, or makes an assignment for the benefit of creditors; (b) if a writ of attachment or execution is levied on this Lease; or (c) if, in any proceeding or action to which Tenant is a party, a receiver is appointed with authority to take possession of the Premises. An involuntary assignment shall constitute a default by Tenant, and Landlord shall have the right to elect to terminate this Lease, in which case this Lease shall not be treated as an asset of Tenant.
Involuntary Assignment. 1. When a situation arises, administration may involuntarily re-assign an employee to a like position when it is in the best interest of the employee and/or district pending approval of the Director of Human Resources. 2. Notice of an involuntary assignment shall be given to employees as soon as practicable and except in cases of emergency, not less than fifteen (15) days prior to said transfer. 3. Involuntary transfers shall be limited to one (1) time per fiscal year on lateral positions.
Involuntary Assignment. No interest of Tenant in this Lease shall be assignable by operation of law including, without limitation, the transfer of this Lease by will or intestacy. Each of the following acts shall be considered an involuntary assignment: (a) if Tenant is or becomes bankrupt or insolvent, makes an assignment for the benefit of creditors, or institutes or becomes the subject of a proceeding under the Bankruptcy Code in which Tenant is the debtor and such proceeding remains undismissed for a period of sixty (60) days; (b) if a writ of attachment or execution is levied on this Lease and not released within sixty (60) days; (c) if, in any proceeding or action to which Tenant is a party, a receiver is appointed with authority to take possession of the Premises. An involuntary assignment shall be deemed to constitute a material default by Tenant and Landlord shall have the right to elect to terminate this Lease, in which case this Lease shall not be treated as an asset of Tenant.
Involuntary Assignment. No interest of Licensee in this Master License Agreement shall be assignable by operation of law (including, without limitation, the transfer of this Master License Agreement by testacy or intestacy). Each of the following acts shall be considered an involuntary assignment: 18.2.1. If Licensee is or becomes bankrupt or insolvent; makes an assignment for the benefit of creditors; institutes, or is a party to, a proceeding under the Bankruptcy Act in which Licensee is the bankrupt or debtor; or, if Licensee is a partnership or consists of more than one person or entity, if any partner of the partnership or other person or entity is or becomes bankrupt or insolvent, or makes an assignment for the benefit of creditors; 18.2.2. If a writ of attachment or execution is levied on this Master License Agreement; or 18.2.3. If, in any proceeding or action to which Licensee is a party, a receiver is appointed with authority to take possession of the Sites. 18.2.4. An involuntary assignment shall constitute a default by Licensee, and Licensor shall have the right to elect to terminate this Master License Agreement, in which case this Master License Agreement shall not be treated as an asset of Licensee. If a writ of attachment or execution is levied on this Master License Agreement, Licensee shall have ten (10) calendar days in which to cause the attachment or execution to be removed. If any involuntary proceeding in bankruptcy is brought against this Master License Agreement, or if a receiver is appointed, Licensee shall have sixty (60) calendar days in which to have the involuntary proceeding dismissed or the receiver removed.
Involuntary Assignment. ‌ Faculty may be involuntarily assigned to one assignment per academic year outside the normal seven hour assignment day on campus or off campus. Faculty Members receiving such an Administrator initiated assignment outside the seven hour day, who go home after the normal seven hour day, and must return for another assignment either on campus or off campus, will be compensated for the round trip distance from their home to the assignment at the current level of mileage reimbursement approved by the Board. Such assignments made upon the request of the Faculty Member would not include a mileage allotment. Faculty Members and Administrators have a mutual responsibility to make clear whether an assignment is voluntary or involuntary. At the request of either party, both parties will execute an “Administrative Assignment” form available through the portal. Such a request shall be made prior to the fifth (5th) instruction day of the term.
Involuntary Assignment. No interest of Tenant in this Lease shall be assignable by operation of law (excluding, without limitation, the transfer of this Lease by testacy or intestacy). Each of the Events of Default described in Sections 10.01(b) through 10.01(i), inclusive, shall be considered an involuntary assignment, An involuntary assignment shall constitute a default by Tenant and Landlord shall have the right to elect to terminate this Lease, in which case this Lease shall not be treated as an asset of Tenant.
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Involuntary Assignment. No interest of Tenant in this Lease shall be assignable by operation of law, (including without limitation, the transfer of this Lease by testacy or intestacy) without the consent of Landlord. Each of the following acts shall be considered an involuntary assignment: 1. If Tenant is or becomes bankrupt or insolvent, makes an assignment for the benefit of creditors, or institutes a proceeding under one or more Chapters of the Bankruptcy Act, in which Tenant is the Bankrupt or a reorganizing debtor, or if Tenant is a partnership or consists of more than one person or entity, is or becomes bankrupt or a debtor in a Chapter proceeding, or insolvent, or makes an assignment to the benefit of creditors; 2. If a writ of attachment or execution is levied on this Lease; 3. If in any proceeding or action to which a Tenant is a party, a receiver is appointed with authority to take possession of the Premises. An involuntary assignment shall constitute a default by Tenant and Landlord shall have the right to elect to terminate this Lease, in which case this Lease shall not be treated as an asset of Tenant. In the event Tenant desires Landlord to provide written consent to the assignment by Tenant of Tenant's interest in the Lease, or the subletting the Premises or any part thereof to another person or entity, Tenant shall provide Landlord with a written request for consent and shall provide therewith information concerning the proposed assignee or sublessee, appropriate financial statements and such other information that the Landlord shall request. Landlord shall have the sole discretion as to whether or not to consent to any proposed assignment or sublease. In the event that the Premises are leased to more than one Tenant, this Lease shall automatically transfer to the survivor or survivors, in the event of death of one Tenant.
Involuntary Assignment. No interest of Tenant in this Lease shall be assignable by operation of law, including, without limitation, the transfer of this Lease by testacy or intestacy. Each of the following acts shall be considered an involuntary assignment: (a) if Tenant is or becomes bankrupt or insolvent, makes an assignment for the benefit of creditors, or institutes a proceeding under the Bankruptcy Act in which Tenant is the bankrupt; (b) if a writ of attachment or execution is levied on this Lease; (c) if, in any proceeding or action to which Tenant is a party, a receiver is appointed with authority to take possession of the Premises. An involuntary assignment shall constitute a default by Tenant and Landlord shall have the right to elect to terminate this Lease, in which case this Lease shall not be treated as an asset of Tenant.
Involuntary Assignment. When an Employee is involuntarily assigned from one Maintenance District to another Maintenance District, the Employee’s classification seniority for the purposes of vacation and overtime selection, daily Assignments, and weekly Assignments shall be carried forward to the new Maintenance District.
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