Common use of LIENS AND INSOLVENCY Clause in Contracts

LIENS AND INSOLVENCY. Lessee shall keep the leased premises and the Building free from any liens arising out of any work performed, materials ordered or obligations incurred by Lessee. If Lessee becomes insolvent, voluntarily or involuntarily bankrupt, or if a receiver, or assignee or other liquidating officer is appointed for the business of Lessee, then Lessor, at its option, may immediately or any time thereafter terminate Lessee’s right of possession under this lease, subject to the terms of any applicable laws then in effect.

LIENS AND INSOLVENCY. Lessee shall keep the leased premises and the Building property in which the leased premises are situated, free from any liens arising out of any work performed, materials ordered furnished or obligations incurred by Lessee. If In the event Lessee becomes insolvent, voluntarily or involuntarily bankrupt, or if a receiver, or assignee or other liquidating officer is appointed for the business of the Lessee, then the Lessor may cancel this lease at Lessor, at its 's option, may immediately or any time thereafter terminate Lessee’s right of possession under this lease, subject to the terms of any applicable laws then in effect.

LIENS AND INSOLVENCY. Lessee shall keep the leased premises Leased Premises and the Building free from any liens arising out of any work performed, materials ordered or obligations incurred by Lessee. If Lessee becomes insolvent, voluntarily or involuntarily bankrupt, or if a receiver, or assignee or other liquidating officer is appointed for the business of Lessee, then Lessor, at its option, may immediately or any time thereafter terminate Lessee’s 's right of possession under this lease, subject to the terms of any applicable laws then in effectLease.

LIENS AND INSOLVENCY. Lessee shall keep the leased premises and the Building property in which the leased premises are situated, free from any liens arising out of any work performed, materials ordered furnished or obligations incurred by Lessee. If In the event Lessee becomes insolvent, voluntarily voluntary or involuntarily bankruptinvoluntary bankrupt or a receiver assignee, or if a receiver, or assignee or other liquidating officer is appointed for the business of the Lessee, then the Lessor may cancel this lease at Lessor, at its 's option, may immediately or any time thereafter terminate Lessee’s right of possession under this lease, subject to the terms of any applicable laws then in effect.