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Consent to any assignment shall not constitute a further waiver of the provisions of this section. 11.2 Involuntary Assignment. No interest of Zone 7 in this Lease Agreement shall be assignable by operation of law, including, without limitation, the transfer of this Lease by testacy or intestacy. Each of the following acts shall be considered an involuntary assignment: (a) If Zone 7is or becomes bankrupt or insolvent, makes an assignment for the benefit of creditors, or institutes a proceeding under the Bankruptcy Act in which Zone 7is the bankrupt; or, if Zone 7 is a partnership or consists of more than one person or entity, if any partner of the partnership or other person or entity is or becomes bankrupt or insolvent, or makes an assignment for the benefit of creditors; (b) If a writ of attachment or execution is levied on this Lease Agreement; (c) If, in any proceeding or action to which Zone 7 is a party, a receiver is appointed with authority to take possession of the Leased Areas. An involuntary assignment shall constitute a default by Zone 7 and City shall have the right to elect to terminate this Lease Agreement, in which case this Lease shall not be treated as an asset of Zone 7. If a writ of attachment or execution is levied on this Lease Agreement, Zone 7 shall have ten (10) days in which to cause the attachment or execution to be removed. If any involuntary proceeding in bankruptcy is brought against Zone 7, or if a receiver is appointed, Zone 7 shall have sixty (60) days in which to have the involuntary proceeding dismissed or the receiver removed. 12. Taxes Zone 7 recognizes and understands that this Lease Agreement may create a real property possessory interest tax that may subject the Zone 7 to real property taxes. Prior to delinquency, Zone 7 shall pay all taxes, including possessory taxes, assessments and other governmental charges, general and special, ordinary and extraordinary, of any kind and nature whatsoever applicable to its lease and occupancy of the Leased Areas, including such taxes which are attributable to any alteration, expansion, modification, structural change, addition, remodeling and other improvement to the Leased Areas by Zone 7, and all personal property taxes. Zone 7is not required to pay personal property taxes for property incurred by City or Pleasanton as a result of their ownership of the Property and/or Tower. 13. Indemnity Lease Agreement -Zone 7 Page 12