Common use of Remedies In Event Of Bankruptcy Or Other Proceeding Clause in Contracts

Remedies In Event Of Bankruptcy Or Other Proceeding. A. Anything contained herein to the contrary notwithstanding, if termination of this Lease shall be stayed by order of any court having jurisdiction over any proceeding described in paragraph (b) of Section 18.01, or by federal or state statute, then, following the expiration of any such stay, or if Tenant or Tenant as debtor-in-possession or the trustee appointed in any such proceeding (being collectively referred to as “Tenant” only for the purposes of this Section 18.04) shall fail to assume Tenant’s obligations under this Lease within the period prescribed therefor by law or after entry of the order for relief or as may be allowed by the court, or if Tenant shall fail to provide adequate protection of Landlord’s right, title and interest in and to the Demised Premises or adequate assurance of the complete and continuous future performance of Tenant’s obligations under this Lease, then Landlord, to the extent permitted by law or by leave of the court having jurisdiction over such proceeding, shall have the right, at its election, to terminate this Lease, without written notice to Tenant, and upon the effective date of such termination, this Lease shall cease and expire as aforesaid and Tenant shall immediately quit arid surrender the Demised Premises as aforesaid. Upon the termination of this Lease as provided above, Landlord, without notice, may re-enter and repossess the Demised Premises using such force for that purpose as may be necessary without being liable to indictment, prosecution or damages therefor and may dispossess Tenant by summary proceedings or otherwise.

Remedies In Event Of Bankruptcy Or Other Proceeding. A. Anything contained herein to the contrary notwithstanding, if termination of this Lease shall be stayed by order of any court having jurisdiction over any proceeding described in paragraph (b) 1 of Section 18.0111.1, or by federal or state statute, then, following the expiration of any such stay, or if Tenant or Tenant as debtor-in-possession or the trustee appointed in any such proceeding (being collectively referred to as “"Tenant” " only for the purposes of this Section 18.0411.4.) shall fail to assume Tenant’s 's obligations under this Lease within the period prescribed therefor by law or within fifteen (15) days after entry of the order for relief or as may be allowed by the court, or if Tenant shall fail to provide adequate protection of Landlord’s 's right, title and interest in and to the Demised Premises or adequate assurance of the complete and continuous future performance of Tenant’s 's obligations under this Lease, then Landlord, to the extent permitted by law or by leave of the court having jurisdiction over such proceeding, shall have the right, at its election, to terminate this Lease, without written Lease on fifteen (15) days' notice to Tenant, Tenant and upon the effective date expiration of such termination, said fifteen (15) day period this Lease shall cease and expire as aforesaid and Tenant shall immediately quit arid and surrender the Demised Premises as aforesaid. Upon the termination of this Lease as provided above, Landlord, without notice, may re-enter reenter and repossess the Demised Premises using such force for that purpose as may be necessary without being liable to indictment, prosecution or damages therefor and may dispossess Tenant by summary proceedings or otherwise.

Remedies In Event Of Bankruptcy Or Other Proceeding. A. (a) Anything contained herein to the contrary notwithstanding, if termination of this Lease shall be stayed by order of any court having jurisdiction over any proceeding described in paragraph (b) of Section 18.0117.1., or by federal or state statute, then, following the expiration of any such stay, or if Tenant or Tenant as debtor-in-possession or the trustee appointed in any such proceeding (being collectively referred to as “"Tenant” " only for the purposes of this Section 18.0417.4.) shall fail to assume Tenant’s 's obligations under this Lease within the period prescribed therefor by law or within fifteen (15) days after entry of the order for relief or as may be allowed by the court, or if Tenant shall fail to provide adequate protection of Landlord’s 's right, title and interest in and to the Demised Premises or adequate assurance of the complete and continuous future performance of Tenant’s 's obligations under this Lease, then Landlord, to the extent permitted by law or by leave of the court having jurisdiction over such proceeding, shall have the right, at its election, to terminate this Lease, without written Lease on fifteen (15) days' notice to Tenant, Tenant and upon the effective date expiration of such termination, said fifteen (15) day period this Lease shall cease and expire as aforesaid and Tenant shall immediately quit arid and surrender the Demised Premises as aforesaid. Upon the termination of this Lease as provided above, Landlord, without notice, may re-enter and repossess the Demised Premises using such force for that purpose as may be necessary without being liable to indictment, prosecution or damages therefor and may dispossess Tenant by summary proceedings or otherwise.

Remedies In Event Of Bankruptcy Or Other Proceeding. A. Anything contained herein to the contrary notwithstanding, if termination of this Lease shall be stayed by order of any court having jurisdiction over any proceeding described in paragraph (b) of Section 18.01, or by federal or state statute, then, following the expiration of any such stay, or if Tenant or Tenant as debtor-in-possession or the trustee appointed in any such proceeding (being collectively referred to as “"Tenant” " only for the purposes of this Section 18.04) shall fail to assume Tenant’s 's obligations under this Lease within the period prescribed therefor by law or after entry of the order for relief or as may be allowed by the court, or if Tenant shall fail to provide adequate protection of Landlord’s 's right, title and interest in and to the Demised Premises or adequate assurance of the complete and continuous future performance of Tenant’s 's obligations under this Lease, then Landlord, to the extent permitted by law or by leave of the court having jurisdiction over such proceeding, shall have the right, at its election, to terminate this Lease, without written notice to Tenant, and upon the effective date of such termination, this Lease shall cease and expire as aforesaid and Tenant shall immediately quit arid and surrender the Demised Premises as aforesaid. Upon the termination of this Lease as provided above, Landlord, without notice, may re-enter and repossess the Demised Premises using such force for that purpose as may be necessary without being liable to indictment, prosecution or damages therefor and may dispossess Tenant by summary proceedings or otherwise.

Remedies In Event Of Bankruptcy Or Other Proceeding. A. a. Anything contained herein to the contrary notwithstanding, if termination of this the Lease Agreement shall be stayed by order of any court having jurisdiction over any proceeding described in paragraph (b) of Section 18.01§ 15.1.b hereof, or by federal or state statute, then, following the expiration of any such stay, or if Tenant or Tenant as debtor-in-possession or the trustee appointed in any such proceeding (being collectively referred to as “"Tenant” " only for the purposes of this Section 18.04§ 15.4) shall fail to assume Tenant’s 's obligations under this the Lease Agreement within the period prescribed therefor by law or within 15 days after entry of the order for relief or as may be allowed by the court, or if Tenant shall fail to provide adequate protection of Landlord’s SEPTA's right, title and interest in and to the Demised Premises or adequate assurance of the complete and continuous future performance of Tenant’s 's obligations under this Leasethe Lease Agreement, then LandlordSEPTA, to the extent permitted by law or by leave of the court having jurisdiction over such proceeding, shall have the right, at its election, to terminate this Lease, without written the Lease Agreement on 15 days' notice to Tenant, Tenant and upon the effective date expiration of such termination, this said 15-day period the Lease Agreement shall cease and expire as aforesaid and Tenant shall immediately quit arid and surrender the Demised Premises as aforesaid. Upon the termination of this the Lease Agreement as provided above, LandlordSEPTA, without notice, may re-enter and repossess the Demised Premises using such force for that purpose as may be necessary without being liable to indictment, prosecution or damages therefor and may dispossess Tenant by summary proceedings or otherwise.

Remedies In Event Of Bankruptcy Or Other Proceeding. A. (a) Anything contained herein to the contrary notwithstanding, if termination of this Lease shall be stayed by order of any court having jurisdiction over any proceeding described in paragraph (b) of Section 18.0117.1., or by federal or state statute, then, following the expiration of any such stay, or if Tenant or Tenant as debtor-in-possession or the trustee appointed in any such proceeding (being collectively referred to as “"Tenant” " only for the purposes of this Section 18.0417.4.) shall fail to assume Tenant’s 's obligations under this Lease within the period prescribed therefor by law or within fifteen (15) days after entry of the order for relief or as may be allowed by the court, or if Tenant shall fail to provide adequate protection of Landlord’s 's right, title and interest in and to the Demised Premises or adequate assurance of the complete and continuous future performance of Tenant’s 's obligations under this Lease, then Landlord, to the extent permitted by law or by leave of the court having jurisdiction over such proceeding, shall have the right, at its election, to terminate this Lease, without written Lease on fifteen (15) days' notice to Tenant, Tenant and upon the effective date expiration of such termination, said fifteen (15) day period this Lease shall cease and expire as aforesaid and Tenant shall immediately quit arid and surrender the Demised Premises as aforesaid. Upon the termination of this Lease as provided above, Landlord, without notice, may re-enter and repossess the Demised Premises using such force for that purpose as may be necessary without being liable to indictment, prosecution or damages therefor and may dispossess Tenant by summary sugary proceedings or otherwise.

Remedies In Event Of Bankruptcy Or Other Proceeding. A. (1) Anything contained herein to the contrary notwithstanding, if termination of this Lease shall be stayed by order of any court having jurisdiction over any proceeding described in paragraph clauses (b1) through (5) of Section 18.01Subsection 19.A., or by federal or state statute, then, following the expiration of any such stay, or if Tenant or Tenant as debtor-in-possession or the trustee appointed in any such proceeding (being collectively referred to as “Tenant” only for the purposes of paragraphs (1) and (2) of this Section 18.0419.D.) shall fail to assume Tenant’s obligations under this Lease within the period prescribed therefor by law or within fifteen (15) days after entry of the order for relief or as may be allowed by the court, or if Tenant shall fail to provide adequate protection of Landlord’s right, title and interest in and to the Demised Leased Premises or adequate assurance of the complete and continuous future performance of Tenant’s obligations under this Lease, then Landlord, to the extent permitted by law or by leave of the court having jurisdiction over such proceeding, shall have the right, at its election, to terminate this Lease, without written Lease on fifteen (15) days prior notice to Tenant, Tenant and upon the effective date expiration of such termination, said fifteen (15) day period this Lease shall cease and expire as aforesaid and Tenant shall immediately quit arid and surrender the Demised Leased Premises as aforesaid. Upon the termination of this Lease as provided above, Landlord, without notice, may re-enter and repossess the Demised Leased Premises using such force for that purpose as may be necessary without being liable to indictment, prosecution or damages therefor and may dispossess Tenant by summary proceedings or otherwise.