Common use of Prior to Term Clause in Contracts

Prior to Term. If at any time prior to the date herein fixed as the commencement of the Term of this Lease there shall be filed by or against Tenant in any court pursuant to any statute either of the Unites States or of any state a petition in bankruptcy or insolvency or for reorganization or for the appointment of a receiver or trustee or conservator of all or a portion of Tenant's property, or if Tenant makes an assignment for the benefit of creditors, this Lease shall ipso facto be canceled and terminated and in such event neither Tenant nor any person claiming through or under Tenant or by virtue of any statute or by an order of any court shall be entitled to possession of Demised Premises and Landlord, in addition to the other rights and remedies given by subsection 17.3 hereof or by virtue of any other provision in this Lease contained or by virtue of any statute or rule of law, may retain as damages any rent, security, deposit or moneys received by it from Tenant or others on behalf of Tenant.

Appears in 2 contracts

Samples: Letter and Construction Agreement (Homelife Inc), Letter and Construction Agreement (Homelife Inc)

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Prior to Term. If at any time prior to the date herein fixed as the commencement of the Term term of this Lease lease there shall be filed by or against Tenant in any court pursuant to any statute either of the Unites United States or of any state State a petition in bankruptcy or insolvency or for reorganization or for the appointment of a receiver or trustee or conservator of all or a portion of Tenant's property, or if Tenant makes an assignment for the benefit of creditors, this Lease lease shall ipso facto be canceled and terminated and in such event neither Tenant nor any person claiming through or under Tenant or by virtue of any statute or by of an order of any court shall be entitled to possession of Demised Premises demised premises and Landlord, in addition to the other rights and remedies given by subsection 17.3 subdivision (C) hereof or by virtue of any other provision in this Lease lease contained or by virtue of any statute or rule of law, may retain as damages any rent, security, deposit or moneys received by it from Tenant or others on behalf of Tenant.

Appears in 1 contract

Samples: Office Lease (Compurad Inc)

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Prior to Term. If at any time prior to the date herein fixed as the commencement of Commencement Date for the Term of this Lease Initial Premises, there shall be filed by or against Tenant in any court pursuant to any statute either of the Unites United States or of any state State a petition in bankruptcy or insolvency or for reorganization or for the appointment of a receiver or trustee or conservator of all or a portion of Tenant's property, or if Tenant makes an assignment for the benefit of creditors, this Lease shall ipso facto be canceled and terminated and in such event neither Tenant nor any person claiming through or under Tenant or by virtue of any statute statue or by an order of any court shall be entitled to TO possession of the Demised Premises and Landlord, in addition to the other rights and remedies given by subsection Article 17.3 hereof or by virtue of any any, other provision in this Lease contained or by virtue of any statute or rule of law, may retain as damages any rent, security, deposit or moneys received by it from Tenant or others on behalf of Tenant.

Appears in 1 contract

Samples: Lease (Kabira Technologies Inc)

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