Agenda Packets - 1994/02/28 - Laserfiche WebLink

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of its assets, or (b) file a voluntary petition for relief under any chapter of the federal Bankruptcy Code or any law governing bankruptcy or insolvency, or (c) admit in writing its inability to pay its debts as they become due, or (d) make a general assignment for the benefit of creditors, or (d) file an answer admitting the material allegations of a petition filed against Tenant in any bankruptcy, reorganization or insolvency proceedings. (04) If any execution or attachment shall be levied against the Premises or all or substantially all of Tenant's assets, and such execution or attachment shall not he stayed, set aside, bonded or discharged within sixty (60) days after the same shall have been levied. (05) If an order, judgment or decree shall he entered by any court of competent jurisdictionapprovinga-petition-seeking-a-reorganization-of Tenantorthe appointment of a custodian, receiver, trustee or liquidator of Tenant or of all or substantially all of Tenant's assets, and such order,judgment or decree shall continue unstayed and in effect for a period of sixty (60) days after the same shall have been entered. (06) If an involuntary case is commenced against Tenant by the filing of a petition under any chapter of the federal Bankruptcy Code or under any law governing bankruptcy or insolvency and an order of relief is entered therein or the petition is not dismissed within sixty (60) days after the filing of such petition. (07) If Tenant abandons or vacates the Premises or otherwise ceases to conduct business operations for a period of ten (10) days. (08) If Tenant is in default under the Service Contract. Section 8.02. Landlord's Action. If Tenant fails to make any payment or to perform any act required to be made or performed under this Lease, and to cure the same within the relevant time periods provided in this Lease, Landlord without waiving or releasing am' obligation or default, may (but shall be under no obligation to) at any time thereafter make such payment or perform such act for the account at the expense of Tenant, and may, to the extent permitted by law, enter upon the Premises for such purpose and take all such action thereon as, in Landlord's reasonable opinion, may be necessary or appropriate therefor. No such entry shall be deemed an eviction of Tenant. All sums so paid by Landlord and all costs and expenses (including, without limitation, reasonable attorneys' fees and expenses, in any case, to the extent permitted by law) so incurred, together with interest thereon (to the extent permitted by law) from the date on which such sums or expenses are paid or incurred by Landlord, shall be paid by Tenant and rights of Landlord contained in this Article 8 shall survive the expiration or earlier termination of this Lease. -7-