Common use of Termination for Bankruptcy/Insolvency Clause in Contracts

Termination for Bankruptcy/Insolvency. (i) A Party may immediately terminate this Agreement in its entirety, or in respect of any particular country or countries in the Territory, on written notice in the event (each, a “Financial Event”) any of the following occurs with respect to the other Party (the “Bankrupt Party”):

Appears in 5 contracts

Samples: License Agreement (TEKMIRA PHARMACEUTICALS Corp), License Agreement (TEKMIRA PHARMACEUTICALS Corp), License Agreement (Arcturus Therapeutics Ltd.)

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Termination for Bankruptcy/Insolvency. (i) A Either Party may immediately terminate this Agreement in its entirety, or in respect of any particular country or countries in the Territory, on by written notice in to the event (eachother Party, a “Financial Event”) effective immediately upon receipt, upon the happening of any of the following occurs events with respect to the other Party (the “Bankrupt a Party”)::

Appears in 4 contracts

Samples: Manufacturing Services Agreement (Life360, Inc.), Manufacturing Services Agreement (Lucira Health, Inc.), Manufacturing Services Agreement (Lucira Health, Inc.)

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