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A. Prohibition of Voluntary Assignment. Lessee shall not assign, transfer. <br />sublet, mortgage, or encumber its interest under this Agreement, or any buildings or <br />fixtures constructed on the demised premises, or the demised premises itself, without the <br />prior written consent of Lessor, which consent may be withheld for any reason at Lessor’s <br />sole discretion. <br />B. Prohibition of involuntary assignment. Neither this Agreement nor the <br />leasehold estate of Lessee nor any interest of Lessee under this Agreement in the demised <br />premises or in the building or improvement on the demised premises shall be subject to <br />involuntary assignment, transfer, or sale, or to assignment, transfer, or sale by operation <br />of law in any manner whatsoever. Any attempt at involuntar>' assignment, transfer, or <br />sale shall be void and of no effect. <br />C. Effect of bankruptcy. Without limiting the generality of the provisions of <br />the preceding paragraph of this section. Lessee agrees that in the event any proceedings <br />under the Bankruptcy Act or any amendment to the act be commenced by or against <br />Lessee, and, if against Lessee, the proceedings shall not be dismissed before either an <br />adjudication in bankruptcy or the confirmation of a composition, arrangement, or plan or <br />reorganization, or in the event Lessee is adjudged insolvent or makes an assignment for <br />the benefit of its creditors, or if a receiver is appointed in any proceeding or action to <br />which Lc*<sce is a parly, with authority to lake possession or control of the demised <br />premises or the business conducted on the premises by Lessee, and such receiver is not <br />20 <br />C <br />4