Termination for Insolvency or Bankruptcy. Either party may immediately terminate this Agreement and any Purchase Order by giving written notice to the other party in the event of (i) the liquidation or insolvency of the other party, (ii) the appointment of a receiver or similar officer for the other party, (iii) an assignment by the other party for the benefit of all or substantially all of its creditors, (iv) entry by the other party into an agreement for the composition, extension, or readjustment of all or substantially all of its obligations, or (v) the filing of a meritorious petition in bankruptcy by or against the other party under any bankruptcy or debtors' law for its relief or reorganization.
Appears in 6 contracts
Samples: Services Agreement (Telenav, Inc.), Modification Agreement (Kofax Image Products Inc), Master Procurement Agreement (Anacomp Inc)
Termination for Insolvency or Bankruptcy. Either party may immediately ---------------------------------------- terminate this Agreement and any Purchase Order purchase orders by giving written notice to the other party in the event of (i) the liquidation or insolvency of the other party, (ii) the appointment of a receiver or similar officer for the other party, (iii) an assignment by the other party for the benefit of all or substantially all of its creditors, (iv) entry by the other party into an agreement for the composition, extension, or readjustment of all or substantially all of its obligations, or (v) the filing of a meritorious petition in bankruptcy by or against the other a party under any bankruptcy or debtors' law for its relief or reorganizationreorganization which is not dismissed within ninety (90) days.
Appears in 5 contracts
Samples: Software Distribution Agreement (Netiq Corp), Distribution Agreement (Sonicwall Inc), Software Distribution Agreement (Netiq Corp)
Termination for Insolvency or Bankruptcy. Either party may immediately terminate this Agreement and any Purchase Order purchase orders by giving written notice to the other party in the event of (i) the liquidation or insolvency of the other party, (ii) the appointment of a receiver or similar officer for the other party, (iii) an assignment by the other party for the benefit of all or substantially all of its creditors, (iv) entry by the other party into an agreement for the composition, extension, or readjustment of all or substantially all of its obligations, or (v) the filing of a meritorious petition in bankruptcy by or against the other a party under any bankruptcy or debtors' law for its relief or reorganizationreorganization which is not dismissed within ninety (90) days.
Appears in 4 contracts
Samples: Software Distribution Agreement (Piranha Interactive Publishing Inc), Software Distribution Agreement (Dragon Systems Inc), Distribution Agreement (Us Global Nanospace Inc)
Termination for Insolvency or Bankruptcy. Either party may immediately terminate this Agreement and any Purchase Order by giving written notice to the other party in the event of (i) the liquidation or insolvency of the other party, (ii) the appointment of a receiver or similar officer for the other partyother, (iii) an assignment by the other party for the benefit of all or substantially all of its creditors, (iv) entry by the other party into an agreement for the composition, extension, or readjustment of all or of substantially all of its obligations, or (v) the filing of a meritorious petition in bankruptcy by or against the other party under any bankruptcy or debtors' debtor's law for its relief or reorganization.
Appears in 3 contracts
Samples: Bid4it Seller Agreement (Site2shop Com Inc), Bid4it Seller Agreement (Site2shop Com Inc), Bid4it Seller Agreement (Site2shop Com Inc)
Termination for Insolvency or Bankruptcy. Either party may immediately terminate this Agreement and any Purchase Order purchase orders by giving written notice to the other party in the event of (i) the liquidation or insolvency of the other party, (ii) the appointment of a receiver or similar officer for the other party, (iii) an assignment by the other party for the benefit of all or substantially all of its creditors, (iv) entry by the other party into an agreement for the composition, extension, or readjustment of all or substantially all of its obligations, or (v) the filing of a meritorious petition in bankruptcy by or against the other a party under any bankruptcy or debtors' debtor's law for its relief or reorganizationof reorganization which is not dismissed within ninety (90) days.
Appears in 2 contracts
Samples: Software Distribution Agreement (Red Hat Inc), Software Distribution Agreement (Red Hat Inc)
Termination for Insolvency or Bankruptcy. Either party may ---------------------------------------- immediately terminate this Agreement and any Purchase Order purchase orders by giving written notice to the other party in the event of (i) the liquidation or insolvency of the other party, (ii) the appointment of a receiver or similar officer for the other party, (iii) an assignment by the other party for the benefit of all or substantially all of its creditors, (iv) entry by the other party into an agreement for the composition, extension, or readjustment of all or substantially all of its obligations, or (v) the filing of a meritorious petition in bankruptcy by or against the other a party under any bankruptcy or debtors' law for its relief or reorganizationreorganization which is not dismissed within ninety (90) days.
Appears in 2 contracts
Samples: Distribution Agreement (Ramp Networks Inc), Distribution Agreement (Ramp Networks Inc)
Termination for Insolvency or Bankruptcy. Either party may immediately terminate this Agreement and any Purchase Order purchase orders by giving written notice to the other party in the event of (i) the liquidation or insolvency of the other party, (ii) the appointment of a receiver or similar officer for the other party, (iii) an assignment by the other party for the benefit of all or substantially all of its creditors, (iv) entry by the other party into an agreement for the composition, extension, or readjustment of all or substantially all of its obligations, or (v) the filing of a meritorious petition in bankruptcy by or against the other a party under any bankruptcy or debtors' ’ law for its relief or reorganizationreorganization which is not dismissed within ninety (90) days.
Appears in 2 contracts
Samples: Distribution Agreement (Aruba Networks, Inc.), Distribution Agreement (Castelle \Ca\)
Termination for Insolvency or Bankruptcy. Either party may immediately terminate this Agreement and any Purchase Order by giving written notice to the other party in the event of any of the following: (i) the liquidation or insolvency of the other party, ; (ii) the appointment of a receiver or similar officer for the other party, ; (iii) an assignment by the other party for the benefit of all or substantially all of its creditors, ; (iv) the entry by the other party into an agreement for the composition, extension, ; (v) extension or readjustment of all or substantially all of its obligations, ; or (vvi) the filing of a meritorious petition in bankruptcy by or against the other party under any bankruptcy or debtors' debtors law for its relief or reorganization.
Appears in 1 contract
Samples: Oem Agreement (Utstarcom Inc)
Termination for Insolvency or Bankruptcy. Either party may immediately terminate this Agreement and any Purchase Order by giving written notice to the other party in the event of (i) the liquidation or insolvency of the other party, (ii) the appointment of a receiver or similar officer for the other party, (iii) an assignment by the other party for the benefit of all or substantially all of its creditors, (iv) entry by the other party into an agreement for the composition, extension, or readjustment of all or substantially all of its obligations, or (v) the filing of a meritorious petition in bankruptcy by or against the other party under any bankruptcy or debtors' debtor’’ law for its relief or reorganization.
Appears in 1 contract
Samples: Services Agreement (Smartdisk Corp)
Termination for Insolvency or Bankruptcy. Either party may immediately terminate this Agreement and any Purchase Order purchase order by giving written notice to the other party in the event of (i) the liquidation or insolvency of the other partypatty, (ii) the appointment of a receiver recexxxx or similar officer for the other partypatty, (iii) an assignment by the other xxxxx party for the benefit of all an or substantially all of its creditorscredits, (iv) entry by the other party into an agreement for the composition, extension, or readjustment of all or substantially all of its obligations, or (v) the filing of a meritorious petition in bankruptcy by or against the other party under 'Under any bankruptcy or debtors' debtor's law for its relief or reorganization.
Appears in 1 contract
Samples: Agreement This Agreement (Merlin Software Technologies International Inc)
Termination for Insolvency or Bankruptcy. Either party may immediately terminate this Agreement and any Purchase Order by giving written notice to the other party in the event of any of the following: (i) the liquidation or insolvency of the other party, ; (ii) the appointment of a receiver or similar officer for the other party, ; (iii) an assignment by the other party for the benefit of all or substantially all of its creditors, ; (iv) the entry by the other party into an agreement for the composition, extension, ; (v) extension or readjustment of all or substantially all of its obligations, ; or (vvi) the filing of a meritorious petition in bankruptcy by or against the other party under any bankruptcy or debtors' law for its relief or reorganization.
Appears in 1 contract
Samples: Oem Agreement (Utstarcom Inc)
Termination for Insolvency or Bankruptcy. Either party may immediately terminate this Agreement and any Purchase Order by giving written notice to the other party in the event of (ia) the liquidation or insolvency of the other party, (iib) the appointment of a receiver or similar officer for the other party, (iiic) an assignment by the other party for the benefit of all or substantially all of its creditors, (ivd) entry by the other party into an agreement for the composition, extension, or readjustment of all or substantially all of its obligations, or (ve) the filing of a meritorious petition in bankruptcy by or against the other party under any bankruptcy or debtors' ’ law for its relief or reorganization.
Appears in 1 contract
Termination for Insolvency or Bankruptcy. Either party may immediately terminate this Agreement and any Purchase Order by giving written notice to the other party in the event of (i) the liquidation or insolvency of the other relevant party, (ii) the appointment of a receiver or similar officer for the other partyofficer, (iii) an assignment by the other either party for the benefit of all or substantially all of its creditors, (iv) entry by the other either party into an agreement for the composition, extension, or readjustment of all or substantially all of its obligations, or (v) the filing of a meritorious petition in bankruptcy by or against the other party Party under any bankruptcy or debtors' debtor law for its relief or reorganizationreorganisation.
Appears in 1 contract
Samples: Limited Distributor Program Agreement (Source Financial, Inc.)
Termination for Insolvency or Bankruptcy. Either party may immediately terminate this Agreement and any Purchase Order by giving written notice to the other party in the event of (i) the liquidation or insolvency of the other party, (ii) the appointment of a receiver or similar officer for the other party, (iii) an assignment by the other party for the benefit of all or substantially all of its creditors, (iv) entry by the other party into an agreement for the composition, extension, or readjustment of all or substantially all of its obligations, or (v) the filing of a meritorious petition in bankruptcy by or against the other party under any bankruptcy or debtors' law for its relief or reorganizationreorganization which is not dismissed within sixty (60) days of its filing.
Appears in 1 contract
Samples: Master Software License Agreement (Serviceware Technologies Inc/ Pa)
Termination for Insolvency or Bankruptcy. Either party may immediately terminate this Agreement and any Purchase Order by giving written notice to the other party in the event of (i) the liquidation or insolvency of the other party, (ii) the appointment of a receiver or similar officer for the other party, (iii) an assignment by the other party for the benefit of all or substantially all of its creditors, (iv) entry by the other party into an agreement for the composition, extension, or readjustment of all or substantially all of its obligations, or (v) the filing of a meritorious petition in bankruptcy by or against the other party under any bankruptcy or debtors' law for its relief or reorganization.
Appears in 1 contract
Termination for Insolvency or Bankruptcy. Either party may immediately terminate this Agreement and any Purchase Order by giving written notice to the other party in the event of (i) the liquidation or insolvency of the other party, (ii) the appointment of a receiver or similar officer for the other party, (iii) an assignment by the other party for the benefit of all or substantially all of its creditors, (iv) entry by the other party into an agreement for the composition, extension, or readjustment of all or substantially all of its obligations, or (v) the filing of a meritorious petition in bankruptcy by or against the other party under any bankruptcy or debtors' ’ law for its relief or reorganization.
Appears in 1 contract
Samples: Services Agreement (Telenav, Inc.)
Termination for Insolvency or Bankruptcy. Either party may immediately terminate this Agreement and any Purchase Order by giving written notice to the other party in the event of (i) the liquidation or insolvency of the other party, (ii) the appointment of a receiver or similar officer for the other party, (iii) an assignment by the other party for the benefit of all or substantially all of its creditors, (iv) entry by the other party into an agreement for the composition, extension, or readjustment of all or substantially all of its obligations, or (v) the filing of a meritorious petition in bankruptcy by or against the other party under any bankruptcy or debtors' ’ law for its relief or reorganization.
Appears in 1 contract
Termination for Insolvency or Bankruptcy. Either party may immediately terminate this Agreement and any Purchase Order purchase orders by giving written notice to the other party in the event of of: (i) the The liquidation or insolvency of the other party, ; (ii) the The appointment of a receiver or similar officer for the other party, ; (iii) an An assignment by the other party for the benefit of all or substantially all of its creditors, ; (iv) entry Entry by the other party into an agreement for the composition, extension, or readjustment of all or substantially all of its obligations; or, or (v) the The filing of a meritorious petition in bankruptcy by or against the other a party under any bankruptcy or debtors' law for its relief or reorganization.
Appears in 1 contract
Samples: Dealer/Reseller Agreement
Termination for Insolvency or Bankruptcy. Either party may immediately terminate this Agreement and any Purchase Order by giving written notice to the other party in the event of (i) the liquidation or insolvency of the other party, (ii) the appointment of a receiver or similar officer for the other party, (iii) an assignment by the other party for the benefit of all or substantially all of its creditors, (iv) entry by the other party into an agreement for the composition, extension, or readjustment of all or substantially all of its obligations, or (v) the filing of a meritorious petition in bankruptcy by or against the other party under any bankruptcy or debtors' law for its relief or reorganization.
Appears in 1 contract
Samples: Distribution Agreement (Shannon International Resources Inc)
Termination for Insolvency or Bankruptcy. Either party may immediately terminate this Agreement and any Purchase Order by giving written notice to the other party in the event of (i) the liquidation or insolvency of the other party, (ii) the appointment of a receiver or similar officer for the other party, (iii) an assignment by the other party for the benefit of all or substantially all of its creditors, (iv) entry by the other party into an agreement for the composition, extension, or readjustment of all or substantially all of its obligations, or (v) the filing of a meritorious petition in bankruptcy by or against the other party under any bankruptcy or debtors' law for its relief or of reorganization.
Appears in 1 contract
Termination for Insolvency or Bankruptcy. Either party may immediately terminate this Agreement and any Purchase Order purchase order by giving written notice to the other party in the event of (i) the liquidation or insolvency of the other party, (ii) the appointment of a receiver or similar officer for the other party, (iii) an assignment by the other party for the benefit of all or substantially all of its creditors, (iv) entry by the other party into an agreement for the composition, extension, or readjustment of all or substantially all of its obligations, or (v) the filing of a meritorious petition in bankruptcy by or against the other party under any bankruptcy or debtors' law for its relief or reorganization.
Appears in 1 contract
Samples: Nonexclusive Distributor Agreement (Westcon Group Inc)
