Lessor Bankruptcy. During the Lease Term the parties hereto agree that if Lessee elects to remain in possession of any and all of the Property after the rejection of the Lease by Lessor under Section 365(h) of the Bankruptcy Code, all of the terms and provisions of this Lease shall be effective during such period of possession by Lessee, including the Renewal Terms and Lessee’s purchase rights hereunder, even if Lessor becomes subject to a case or proceeding under the Bankruptcy Code prior to the commencement of any such Renewal Term or the exercise by Lessee of such purchase rights.
Lessor Bankruptcy. Upon the filing by or against the Lessor of a petition pursuant to applicable provisions of the United States Code relating to bankruptcy as now constituted or hereafter amended or under any other applicable Federal or State Bankruptcy law or other similar law (hereinafter referred to as the Bankruptcy Code), and the subsequent rejection of the Lease by Lessor, Lessee shall not, without the prior written consent of the Lender
Lessor Bankruptcy. The parties hereto agree that the ----------------- benefits to the Lessee of Section 365(h) of the Bankruptcy Code shall include any Renewal Terms even if the Lessor becomes subject to the Bankruptcy Code prior to the commencement of any Renewal Term.
Lessor Bankruptcy. (i) Excel Urban Renewal shall promptly after obtaining knowledge thereof, notify Lender of any filing by or against Lessor of a petition under the Bankruptcy Code, setting forth any information available to Excel Urban Renewal as to the date of such filing, the court in which such petition was filed, and the relief sought therein. Excel Urban Renewal hereby unconditionally assigns, transfers and sets over unto Lender all of Excel Urban Renewal’s claims and rights to the payment of damages that may hereafter arise as a result of any rejection or disaffirmance of the Ground Lease by Excel Holdings 11 (whether as debtor in possession or otherwise), or by any trustee of Excel Holdings 11, pursuant to the Bankruptcy Code. This assignment constitutes a present, irrevocable and unconditional assignment of the foregoing claims, rights and remedies and shall continue in effect until the Secured Obligations have been satisfied and discharged in full.
Lessor Bankruptcy. (i) Excel Holdings 11 shall promptly after obtaining knowledge thereof, notify Lender of any filing by or against Lessor of a petition under the Bankruptcy Code, setting forth any information available to Excel Holdings 11 as to the date of such filing, the court in which such petition was filed, and the relief sought therein. Excel Holdings 11 hereby unconditionally assigns, transfers and sets over unto Lender all of Excel Holdings 11’s claims and rights to the payment of damages that may hereafter arise as a result of any rejection or disaffirmance of the Sublease by Excel Holdings 11 (whether as debtor in possession or otherwise), or by any trustee of Excel Holdings 11, pursuant to the Bankruptcy Code. This assignment constitutes a present, irrevocable and unconditional assignment of the foregoing claims, rights and remedies and shall continue in effect until the Secured Obligations have been satisfied and discharged in full.
Lessor Bankruptcy. 31 SECTION 23.14 Abandonment...................................................................31 SECTION 23.15 Investments...................................................................31 SECTION 23.16 Counterparts; Deed of Trust; Notice...........................................31 SECTION 23.17 Further Assurances............................................................31 SECTION 23.18 No Merger of Title............................................................31 SECTION 23.19 Non-recourse..................................................................32 Exhibit A-1 Description of Traville Site Exhibit A-2 Description of Manufacturing Facility Site LEASE AGREEMENT (HGSI) LEASE AGREEMENT, dated as of November 7, 2001, between GENOME STATUTORY TRUST 2001A, a Connecticut statutory business trust as lessor, and HUMAN GENOME SCIENCES, INC., a Delaware corporation as lessee. In consideration of the mutual agreements herein contained and other good and valuable consideration, the receipt of which is hereby acknowledged, the parties hereto, intending to be legally bound, hereby agree as follows:
Lessor Bankruptcy. 45 Section 21.15 Naming and Signage of the Property.......................45 Section 21.16 Expenses.................................................45 Section 21.17 Investments..............................................45 Section 21.18 Further Assurances.......................................46 Section 21.19
Lessor Bankruptcy. Lessor is generally not paying its debts as they become due or admits in writing its inability to pay its debts generally or makes a general assignment for the benefit of creditors; or any proceeding is instituted by or against Lessor seeking an order for relief under the United States Bankruptcy Code or seeking liquidation, winding up, reorganization, arrangement, adjustment, protection, relief, or composition of it or its debts or the appointment of a receiver, trustee, custodian or other similar official for it or for any substantial part of its property under any law relating to bankruptcy, insolvency, liquidation or reorganization or relief of debtors and either any such relief in any such proceeding is sought or consented to by it or an order for any such relief is entered against it, or any such proceeding instituted against it remains undismissed and unstayed for a period of 60 days; or Lessor takes any corporate action to authorize any of the actions set forth above; or
Lessor Bankruptcy. 53 ----------------- Section 23.14 No Joint Venture............................................... 54 ---------------- Section 23.15 No Accord and Satisfaction..................................... 54 -------------------------- Section 23.16 No Merger...................................................... 54 --------- Section 23.17 Further Assurances............................................. 54 ------------------ Section 23.18 Memorandum of Lease............................................ 54 ------------------- Section 23.19 Interest Conveyed.............................................. 54 ----------------- Section 23.20
