Common use of Receivership and Foreclosure Clause in Contracts

Receivership and Foreclosure. (A) At the option of the Grantor, subject to Applicable Law, this Franchise may be revoked one hundred twenty (120) days after the appointment of a receiver or trustee to take over and conduct the business of Grantee whether in a receivership, reorganization, bankruptcy or other action or proceeding, unless:

Appears in 2 contracts

Samples: mccmeetingspublic.blob.core.usgovcloudapi.net, www.cherryhillsvillage.com

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Receivership and Foreclosure. (A) At the option of the Grantor, subject to Applicable Law, this Franchise may be revoked one hundred twenty (120) days after the appointment of a receiver or trustee to take over and conduct the business of Grantee Grantee, whether in a receivership, reorganization, bankruptcy or other action or proceeding, unless:

Appears in 1 contract

Samples: export.amlegal.com

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Receivership and Foreclosure. (A) At the option of the Grantor, subject to Applicable Law, this Franchise may be revoked one hundred twenty (120) days after the appointment of a receiver or trustee to take over and conduct the business of Grantee whether in a receivership, reorganization, bankruptcy or other action or proceeding, unless:

Appears in 1 contract

Samples: www.ci.tumwater.wa.us

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