Common use of City’s Right to Terminate for Bankruptcy or Assignment for the Benefit of Creditors Clause in Contracts

City’s Right to Terminate for Bankruptcy or Assignment for the Benefit of Creditors. If Subdivider files a voluntary petition in bankruptcy, is adjudicated bankrupt, or makes a general assignment for the benefit of creditors, City may at its option and without further notice to or demand upon Subdivider, immediately terminate this Agreement, and terminate all rights of Subdivider and any person or entity claiming any rights by or through Subdivider. The rights and remedies of City enumerated in this Section are cumulative and shall not limit, waive, or deny any of City’s rights or remedies under other provisions of this Agreement or those available at law or in equity.

City’s Right to Terminate for Bankruptcy or Assignment for the Benefit of Creditors. If Subdivider Developer files a voluntary petition in bankruptcy, is adjudicated bankrupt, or makes a general assignment for the benefit of creditors, City may at its option and without further notice to or demand upon Subdivider, Developer immediately terminate this Agreement, and terminate all rights of Subdivider Developer and any person or entity claiming any rights by or through SubdividerDeveloper. The rights and remedies of City enumerated in this Section are cumulative and shall not limit, waive, or deny any of City’s rights or remedies under other provisions of this Agreement or those available at law or in equity.

City’s Right to Terminate for Bankruptcy or Assignment for the Benefit of Creditors. If Subdivider files a voluntary petition in bankruptcy, is adjudicated bankrupt, or makes a general assignment for the benefit of creditors, City may at its option and without further notice to or demand upon Subdivider, immediately cancel and/or terminate this Agreement, and terminate all rights each and every right of Subdivider under this Agreement, and any person or entity claiming any rights by or through Subdivider. The rights and remedies of City enumerated in this Section are cumulative and shall not limit, waive, or deny any of City’s 's rights or remedies under any other provisions provision of this Agreement or those available at law or in equityAgreement.