Tenant's Interest Not Transferable Sample Clauses

Tenant's Interest Not Transferable. Neither Tenant's interest in this Lease nor any estate hereby created in Tenant nor any interest herein or therein will pass to any trustee or receiver or assignee for the benefit of creditors or otherwise by operation of law except as may specifically be provided pursuant to the Bankruptcy Code, 11 U.S.C. Section 101 et seq. (the "Bankruptcy Code").
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Tenant's Interest Not Transferable. Neither Tenant’s interest in this Lease, nor any estate hereby created in Tenant nor any interest herein or therein, shall pass to any trustee, except as may specifically be provided pursuant to the Bankruptcy Code (11 USC § 101 et. seq.), or to any receiver or assignee for the benefit of creditors or otherwise by operation of law.
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Tenant's Interest Not Transferable. Except as otherwise provided pursuant to the United States Bankruptcy Code, 11 U.S.C. §§ 101 et seq. or any succeeding laws (the “Bankruptcy Code”), neither Xxxxxx’s interest in this Lease, nor any estate hereby created in Tenant nor any interest herein, shall pass to any trustee or receiver or assignee for the benefit of creditors or otherwise by operation of law.
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Tenant's Interest Not Transferable. In the event Tenant's interest in this Lease, or any interest therein of Tenant or any estate hereby created in Tenant, shall pass to any trustee or receiver or assignee for the benefit of creditors or otherwise, by assignment, transfer, or operation of law, this Lease shall terminate automatically and, by its own terms, shall immediately be null and void, without re-entry or any notice by Landlord; and Landlord shall be entitled to all rights and remedies hereunder and now or hereafter available under law or in equity.
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Tenant's Interest Not Transferable. . . 22 SECTION 20.02. LANDLORD'S OPTION TO TERMINATE . . . . . . . . . . 22 SECTION 20.03. TENANT'S OBLIGATION TO AVOID CREDITORS' PROCEEDINGS. . . . . . . . . . . . . . . . . . . . 22 SECTION 20.04. APPLICATION OF BANKRUPTCY PROCEEDS . . . . . . . 22 SECTION 20.05. BANKRUPTCY . . . . . . . . . . . . . . . . . . . 22
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Tenant's Interest Not Transferable. . . 22 SECTION 20.02. LANDLORD'S OPTION TO TERMINATE . . . . . . . . . . 22 SECTION 20.03. TENANT'S OBLIGATION TO AVOID CREDITORS' PROCEEDINGS. . . . . . . . . . . . . . . . . . . . 22 SECTION 20.04. APPLICATION OF BANKRUPTCY PROCEEDS . . . . . . . 22 SECTION 20.05. BANKRUPTCY . . . . . . . . . . . . . . . . . . . 22
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Related to Tenant's Interest Not Transferable

  • Grant is Not Transferable Except to the limited extent provided in Section 6, this grant and the rights and privileges conferred hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of this grant, or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this grant and the rights and privileges conferred hereby immediately will become null and void.

  • Non-Transferable The Grantee may not transfer this Option except by will or the laws of descent and distribution. This Option shall not be otherwise transferred, assigned, pledged, hypothecated or disposed of in any way, whether by operation of law or otherwise, and shall be exercisable during the Grantee's lifetime only by the Grantee or his guardian or legal representative.

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