Common use of Default by Tenant Clause in Contracts

Default by Tenant. 14.1 Each of the following shall be deemed a default by Tenant and a breach of this Lease: (a) (1) filing of a petition by the Tenant for adjudication as a bankrupt, or for reorganization, or for an arrangement under any federal or state statute, except in a Chapter 11 Bankruptcy where the rent and Additional Rent stipulated herein is being paid and the terms of the Lease are being complied with;

Appears in 3 contracts

Sources: Lease Agreement (Ligand Pharmaceuticals Inc), Lease Agreement (Pharmacopeia Inc), Lease Agreement (Ligand Pharmaceuticals Inc)

Default by Tenant. 14.1 Each of the following shall be deemed a default (“Event of Default”) by Tenant and a breach of this Lease: (a) (1) filing of a petition by the Tenant for adjudication as a bankrupt, or for reorganization, or for an arrangement under any federal or state statute, except in a Chapter 11 Bankruptcy where the rent and Additional Rent stipulated herein is being paid and the terms of the Lease are being complied with;

Appears in 2 contracts

Sources: Lease Agreement (PMV Pharmaceuticals, Inc.), Lease Agreement (Amicus Therapeutics Inc)

Default by Tenant. 14.1 Each of the following shall be deemed a default by Tenant and a breach of this Lease: (a) (1) filing of a petition by the Tenant for adjudication as a bankrupt, or for reorganization, or for an arrangement under any federal or state statute, except in a Chapter 11 Bankruptcy where the rent and Additional Rent stipulated herein is being paid and the terms of the Lease are being complied with;

Appears in 2 contracts

Sources: Lease Agreement (Oncobiologics, Inc.), Lease Agreement (Valera Pharmaceuticals Inc)

Default by Tenant. 14.1 Each of the following shall be deemed a default (“Event of Default”) by Tenant and a breach of this Lease: (a) (1) filing of a petition by the Tenant for adjudication as a bankruptbankrupt entity, or for reorganization, or for an arrangement under any federal or state statute, except in a Chapter 11 Bankruptcy where the rent and Additional Rent stipulated herein is being paid and the terms of the Lease are being complied with;

Appears in 2 contracts

Sources: Lease Agreement (Rocket Pharmaceuticals, Inc.), Lease Agreement (Rocket Pharmaceuticals, Inc.)

Default by Tenant. 14.1 17.1 Each of the following shall be deemed a default by Tenant and a breach of this Lease: (a1) (1i) filing of a petition by the Tenant for adjudication as a bankrupt, or for reorganization, or for an arrangement under any federal or state statute, except in a Chapter 11 Bankruptcy where the rent and Additional Rent stipulated herein is being paid and the terms of the Lease are being complied with;

Appears in 2 contracts

Sources: Lease Agreement (Able Laboratories Inc), Lease Agreement (Majesco Holdings Inc)

Default by Tenant. 14.1 17.1 Each of the following shall be deemed a default by Tenant and a breach of this Leaselease: (a1) (1i) filing of a petition by the Tenant for adjudication as a bankrupt, or for reorganization, or for an arrangement under any federal or state statute, except in a Chapter 11 Bankruptcy where the rent and Additional Rent stipulated herein is being paid and the terms of the Lease are being complied with;.

Appears in 1 contract

Sources: Lease Agreement (Andrx Corp)

Default by Tenant. 14.1 17.1 Each of the following shall be deemed a default by Tenant and a breach of this Leaselease: (a1) (1i) filing of a petition by the Tenant for adjudication as a bankrupt, or for reorganization, or for an arrangement under any federal or state statute, except in a Chapter 11 Bankruptcy where the rent and Additional Rent stipulated herein is being paid statute and the terms of the Lease are being complied withsame is not dismissed within ninety (90) days after filing;

Appears in 1 contract

Sources: Lease Agreement (Adams Respiratory Therapeutics, Inc.)

Default by Tenant. 14.1 18.1 Each of the following shall be deemed a default by Tenant and a breach of this Leaselease: (a1) (1i) filing of a petition by the then Tenant in possession for adjudication as a bankrupt, or for reorganization, or for an arrangement under any federal or state statute, except in a Chapter 11 X or Chapter XI Bankruptcy where the rent and Additional Rent additional rent stipulated herein is being paid and the terms of the Lease lease are being complied with;

Appears in 1 contract

Sources: Lease Agreement (Gender Sciences Inc)

Default by Tenant. 14.1 17.1 Each of the following shall be deemed a default by Tenant and a breach of this Leaselease: (a1) (1i) filing of a petition by the Tenant for adjudication as a bankrupt, or for reorganization, or for an arrangement under any federal or state statute, except in a Chapter 11 Bankruptcy where the rent and Additional Rent stipulated herein is being paid and the terms of the Lease are being complied with;

Appears in 1 contract

Sources: Lease Agreement (Sterigenics International Inc)

Default by Tenant. 14.1 Each of the following shall be deemed a default by Tenant and a breach of this Lease: (a) (1) . The filing of a petition by the or against Tenant for adjudication as a bankruptbankrupt under the U.S. Bankruptcy Code, as now or hereafter amended or supplemented, or for reorganizationreorganization under Chapter 11 of said Bankruptcy Code, or for an arrangement the filing of any petition by or against Tenant under any federal further bankruptcy act for the same or state statute, except in a Chapter 11 Bankruptcy where the rent and Additional Rent stipulated herein is being paid and the terms of the Lease are being complied with;similar relief. Also constituting

Appears in 1 contract

Sources: Commercial Lease (Intuit Inc)

Default by Tenant. 14.1 Each of the following shall be deemed a default by Tenant and a breach of this Leaselease: (a) (1) filing of a petition by the Tenant for adjudication as a bankrupt, or for reorganization, or for an arrangement under any federal or state statute, except in a Chapter 11 Bankruptcy where the rent Base Rent and Additional Rent stipulated herein is being paid and the terms of the Lease lease are being complied with;

Appears in 1 contract

Sources: Lease Agreement (Xenogen Corp)

Default by Tenant. 14.1 18.1 Each of the following shall be deemed a default by Tenant and a breach of this Leaselease: (a1) (1i) filing of a petition by the Tenant for adjudication as a bankrupt, or for reorganization, or for an arrangement under any federal or state statute, except in a Chapter 11 Bankruptcy where the rent and Additional Rent stipulated herein is being paid and the terms of the Lease are being complied with;.

Appears in 1 contract

Sources: Lease Agreement (Brake Headquarters U S a Inc)

Default by Tenant. 14.1 17.1 Each of the following shall be deemed a default by Tenant and a breach of this Leaselease: (a1) (1a) filing of a petition by the Tenant for adjudication as a bankrupt, or for reorganization, or for an arrangement under any federal or state statute, except in a Chapter 11 Bankruptcy where the rent and Additional Rent additional rent stipulated herein is being paid and the terms of the Lease lease are being complied with;

Appears in 1 contract

Sources: Lease Agreement (Multilink Technology Corp)

Default by Tenant. 14.1 Each of the following shall be deemed a default by Tenant and a breach of this Lease: (a) (1) filing of a petition by the Tenant for adjudication as a bankrupt, or for reorganization, or for an arrangement under any federal or state statute, except in a Chapter 11 Bankruptcy where the rent and Additional Rent stipulated herein is being paid and the terms of the Lease lease are being complied with;

Appears in 1 contract

Sources: Lease Agreement (3 Dimensional Pharmaceuticals Inc)

Default by Tenant. 14.1 Each of the following shall be deemed a default by Tenant and a breach of this Lease: (a1) (1i) filing of a petition by the Tenant for adjudication as a bankrupt, or for reorganization, or for an arrangement under any federal or state statute, except in a Chapter 11 Bankruptcy where the rent and Additional Rent stipulated herein is being paid and the terms of the Lease are being complied with;

Appears in 1 contract

Sources: Lease Agreement (Boron Lepore & Associates Inc)

Default by Tenant. 14.1 17.1 Each of the following shall be deemed a default by Tenant and a breach of this Leaselease: (a1) (1i) filing of a petition by the Tenant for adjudication as a bankrupt, or for reorganization, or for an arrangement under any federal or state statute, except in a Chapter 11 Bankruptcy where the rent Base Rent and Additional Rent stipulated herein is being paid and the terms of the Lease lease are being complied with;

Appears in 1 contract

Sources: Lease Agreement (2bridge)