Of Lessee. If Lessee is declared insolvent or adjudicated a bankrupt; if Lessee makes an assignment for the benefit of creditors; if Lessee's leasehold interest is sold under execution or by a trustee in bankruptcy; or if a receiver is appointed for Lessee, Lessor, without prejudice to its rights hereunder and at its option, may terminate this Lease and retake possession of the Leased Premises immediately and without notice to Lessee or any assignee, transferee, trustee, or any other person or persons, using force if necessary.
Appears in 2 contracts
Samples: Commercial Property Lease Agreement, Commercial Property Lease Agreement
Of Lessee. If Lessee is declared insolvent or adjudicated a bankrupt; if Lessee makes an assignment for the benefit of creditors; if Lessee's leasehold interest is sold under execution or by a trustee in bankruptcy; or if a receiver is appointed for Lessee, Lessor, without prejudice to its rights hereunder and at its option, may after reasonable notice terminate this Lease lease and retake possession of the Leased Premises immediately and without notice to Lessee or any assignee, transferee, trustee, or any other person or persons, using force if necessarypremises.
Appears in 1 contract
Samples: Office Lease (Clements Golden Phoenix Enterprises Inc)
Of Lessee. If Lessee is declared insolvent or adjudicated a bankrupt; if Lessee makes an assignment for the benefit of creditors; if Lessee's leasehold interest is sold under execution or by a trustee in bankruptcy; or if a receiver is appointed for Lessee, . Lessor, without prejudice to its rights hereunder and at its option, may terminate this Lease lease and retake possession of the Leased Premises premises immediately and without notice to Lessee or any assignee, transferee, trustee, or any other person or persons, using force if necessary.
Appears in 1 contract
Of Lessee. If Lessee is declared insolvent or adjudicated a bankrupt; if Lessee makes an assignment for the benefit of creditors; if Lessee's ’s leasehold interest is sold under execution or by a trustee in bankruptcy; or if a receiver is appointed for Lessee, Lessor, without prejudice to its rights hereunder and at its option, may terminate this Lease lease and retake possession of the Leased Premises premises immediately and without notice to Lessee or any assignee, transferee, trustee, or any other person or persons, using force if necessary.
Appears in 1 contract
Samples: Business (Vicor Technologies, Inc.)