Termination for Bankruptcy/Insolvency. Either Party may terminate this Agreement immediately following written notice to the other Party if the other Party (i) ceases to do business in the normal course, (ii) becomes or is declared insolvent or bankrupt, (iii) is the subject of PORTIONS DENOTED WITH [***] HAVE BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT. any proceeding related to its liquidation or insolvency (whether voluntary or involuntary) which is not dismissed within [***] calendar days or (iv) makes an assignment for the benefit of creditors.
Appears in 2 contracts
Sources: Consulting Services Agreement (Liveworld Inc), Consulting Services Agreement (Liveworld Inc)
Termination for Bankruptcy/Insolvency. Either Party may terminate ------------------------------------- this Agreement immediately following written notice to the other Party if the other Party (i) ceases to do business in the normal course, (ii) becomes or is declared insolvent or bankrupt, (iii) is the subject of PORTIONS DENOTED WITH [***] HAVE BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT. any proceeding related to its [*] = THE REDACTED PORTION, INDICATED BY THIS SYMBOL, IS THE SUBJECT OF A CONFIDENTIAL TREATMENT REQUEST. liquidation or insolvency (whether voluntary or involuntary) which is not dismissed within [***] ninety (90) calendar days or (iv) makes an assignment for the benefit of creditors.
Appears in 1 contract
Sources: Interactive Services Agreement (Broadband Sports Inc)