Common use of Termination for Default or Insolvency Clause in Contracts

Termination for Default or Insolvency. 13 Wiley may terminate this agreement by giving the consultant a written termination notice, effective on the date stated in the notice, if the consultant: • Suspends performance of the services without Wiley's consent. • Breaches any acknowledgement or agreement stated in clause 2. • Becomes insolvent as defined in the Corporations Xxx 0000 or in the Bankruptcy Xxx 0000.

Termination for Default or Insolvency. 13 Wiley may terminate this agreement by giving the consultant a written termination notice, effective on the date stated in the notice, if the consultant: • Suspends performance of the services without Wiley's Xxxxx'x consent. • Breaches any acknowledgement or agreement stated in clause 2. • Fails to rectify a breach notified to it under clause 6. • Becomes insolvent as defined in the Corporations Xxx 0000 Act 2001 or in the Bankruptcy Xxx 0000Act 1966.

Termination for Default or Insolvency. 13 Wiley may terminate this agreement by giving the consultant a written termination notice, effective on the date stated in the notice, if the consultant: •  Suspends performance of the services without Wiley's consent. •  Breaches any acknowledgement or agreement warranty stated in clause 2. •  Becomes insolvent as defined in the Corporations Xxx 0000 or in the Bankruptcy Xxx 0000.