Common use of Bankruptcy or Dissolution Clause in Contracts

Bankruptcy or Dissolution. Grantee shall immediately report to the Jurisdictions, as soon as it becomes known, the initiation of bankruptcy proceedings, or corporate or partnership dissolution.

Appears in 2 contracts

Sources: Franchise Agreement, Franchise Agreement

Bankruptcy or Dissolution. Grantee shall immediately report to the JurisdictionsCity, as soon as it becomes known, the initiation of bankruptcy proceedings, or corporate or partnership dissolution.

Appears in 2 contracts

Sources: Franchise Agreement, Franchise Agreement