Common use of Termination for Insolvency Clause in Contracts

Termination for Insolvency. The Procuring Entity may at any time terminate the Contract by giving notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that has accrued or will accrue thereafter to the Procuring Entity

Termination for Insolvency. 26.1 The Procuring Entity purchaser may at any time terminate the Contract contract by giving written notice to the Supplier supplier if the Supplier supplier becomes bankrupt or otherwise insolvent. In such this event, termination will be without compensation to the Suppliersupplier, provided that such termination will not prejudice or affect any right of action or remedy that which has accrued or will accrue thereafter to the Procuring Entitypurchaser.

Termination for Insolvency. 26.1 The Procuring Entity purchaser may at any time terminate the Contract contract by giving written notice to the Supplier supplier if the Supplier supplier becomes bankrupt or otherwise insolvent. In such this event, termination will be without compensation to the Suppliersupplier, provided that such termination will not prejudice or affect any right of action or remedy that remedy, which has accrued or will accrue thereafter to the Procuring Entitypurchaser.

Termination for Insolvency. The Procuring Entity may at any time shall terminate the this Contract by giving notice to the Supplier if the Supplier becomes is declared bankrupt or otherwise insolventinsolvent as determined with finality by a court of competent jurisdiction. In such this event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that which has accrued or will accrue thereafter to the Procuring EntityEntity and/or the Supplier.

Termination for Insolvency. (a) The Procuring Entity Purchaser may at any time terminate the Contract by giving notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that has accrued or will accrue thereafter to the Procuring EntityPurchaser.

Termination for Insolvency. 26.1 The Procuring Entity Purchaser may at any time terminate the Contract by giving written notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such this event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that which has accrued or will accrue thereafter to the Procuring EntityPurchaser.

Termination for Insolvency. 25.1 The Procuring Entity Agency may at any time terminate the Contract by giving written notice of one-month time to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such this event, termination will shall be without compensation to the Supplier, provided that such termination will shall not prejudice or affect any right of action or remedy that which has accrued or will shall accrue thereafter to the Procuring EntityParties.

Termination for Insolvency. 26.1 The Procuring Entity Purchaser may at any time terminate the Contract by giving written notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such this event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that which has accrued or will accrue thereafter to the Procuring EntityPurchaser. 27.

Termination for Insolvency. The Procuring Entity Agency may at any time terminate the Contract by giving written notice of one month time to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such this event, termination will shall be without compensation to the Supplier, provided that such termination will shall not prejudice or affect any right of action or remedy that which has accrued or will shall accrue thereafter to the Procuring EntityParties.

Termination for Insolvency. 26.1. The Procuring Entity purchaser may at any time terminate the Contract contract by giving written notice to the Supplier supplier if the Supplier supplier becomes bankrupt or otherwise insolvent. In such this event, termination will be without compensation to the Suppliersupplier, provided that such termination will not prejudice or affect any right of action or remedy that which has accrued or will accrue thereafter to the Procuring Entitypurchaser.

Termination for Insolvency. The Procuring Entity may at any time terminate the Contract by giving notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of rightof action or remedy that has accrued or will accrue thereafter to the Procuring Entity

Termination for Insolvency. (a) The Procuring Entity Purchaser may at any time terminate the Contract by giving notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that has accrued or will accrue thereafter to the Procuring EntityPurchaser

Termination for Insolvency. The Procuring Entity may at any time terminate the Contract by giving notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that has accrued or will accrue thereafter to the Procuring EntityEntity Termination for Convenience.

Termination for Insolvency. 26.1 The Procuring Entity Agency may at any time terminate the Contract by giving written notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such this event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that which has accrued or will accrue thereafter to the Procuring EntityAgency.

Termination for Insolvency. 25.1 The Procuring Entity Agency may at any time terminate the Contract by giving written notice of one month time to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such this event, termination will shall be without compensation to the Supplier, provided that such termination will shall not prejudice or affect any right of action or remedy that which has accrued or will shall accrue thereafter to the Procuring EntityParties.

Termination for Insolvency. The Procuring Entity Contracting Institute may at any time terminate the Contract by giving written notice to the Supplier Supplier, if the Supplier becomes bankrupt or otherwise insolvent. In such this event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that remedy, which has accrued or will accrue thereafter to the Procuring EntityContracting Institute.

Termination for Insolvency. The Procuring Entity may at any time terminate the Contract by giving notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that has accrued or will accrue thereafter to the Procuring Entity.

Termination for Insolvency. The Procuring Entity Agency may at any time terminate the Contract by giving bygiving written notice of one month time to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such this event, termination will shall be without compensation to the Supplier, provided that such termination will shall not prejudice or affect any right of action or remedy that which has accrued or will shall accrue thereafter to the Procuring EntityParties.

Termination for Insolvency. (a) The Procuring Entity Contracting Authority may at any time terminate the Contract by giving notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that has accrued or will accrue thereafter to the Procuring EntityContracting Authority.

Termination for Insolvency. (a) The Procuring Entity Purchaser may at any time terminate the Contract by giving notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that has accrued or will accrue thereafter to the Procuring EntityPurchaser 35.3

Termination for Insolvency. 26.1. The Procuring Entity Agency may at any time terminate the Contract by giving written notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such this event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that which has accrued or will accrue thereafter to the Procuring EntityAgency.

Termination for Insolvency. 22.1 The Procuring Entity Agency may at any time terminate the Contract by giving written notice of one-month time to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such this event, termination will shall be without compensation to the Supplier, provided that such termination will shall not prejudice or affect any right of action or remedy that which has accrued or will shall accrue thereafter to the Procuring EntityParties.

Termination for Insolvency. The Procuring Entity may at any time terminate the Contract by giving notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such event, termination will terminationwill be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that has accrued or will accrue thereafter to thereafterto the Procuring Entity

Termination for Insolvency. The Procuring Entity may at any time terminate the Contract by giving notice to the Supplier Lessor if the Supplier Lessor becomes bankrupt or otherwise insolvent. In such event, termination will be without compensation to the SupplierLessor, provided that such termination will not prejudice or affect any right of action or remedy that has accrued or will accrue thereafter to the Procuring Entity

Termination for Insolvency. The Procuring Entity may at any time terminate the Contract Framework Agreement by giving notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that has accrued or will accrue thereafter to the Procuring Entity

Termination for Insolvency. (a) The Procuring Entity Purchaser may at any time terminate the Contract by giving notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that has accrued or will accrue thereafter to the Procuring EntityPurchaser (b) The Supplier is able to terminate the Contract under the conditions stated in clause 14.5 GCC.

Termination for Insolvency. (38.2.1) The Procuring Entity Client may at any time terminate the Contract by giving notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that has accrued or will accrue thereafter to the Procuring EntityClient.

Termination for Insolvency. 3.12.1 The Procuring Entity may at any time terminate the Contract contract by giving written notice to the Supplier Service provider if the Supplier service provider becomes bankrupt or otherwise insolvent. In such this event, termination will be without compensation to the Supplierservice provider, provided that such termination will not prejudice or affect any right of action or remedy that remedy, which has accrued or will accrue thereafter to the Procuring Entity.

Termination for Insolvency. The the Procuring Entity Agency may at any time terminate the Contract by giving written notice of one month time to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such this event, termination will shall be without compensation to the Supplier, provided that such termination will shall not prejudice or affect any right of action or remedy that which has accrued or will shall accrue thereafter to the Procuring EntityParties.

Termination for Insolvency. (a) The Procuring Entity may at any time terminate the Contract by giving notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that has accrued or will accrue thereafter to the Procuring Entity

Termination for Insolvency. The Procuring Entity Customer may at any time terminate the Contract by giving written notice to the Supplier Contractor, if the Supplier Contractor becomes bankrupt or otherwise insolvent. In such this event, termination will be without compensation to the SupplierContractor, provided that such termination will not prejudice or affect any right of action or remedy that contemplated herein, which has accrued or will accrue thereafter to the Procuring EntityContractor.

Termination for Insolvency. The Procuring Entity Owner may at any time terminate the Contract by giving written notice to the Supplier Contractor, without compensation to the Contractor, if the Supplier Contractor becomes bankrupt or otherwise insolvent. In such event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that which has accrued occurred or will accrue occur thereafter to the Procuring EntityOwner.

Termination for Insolvency. The Procuring Entity may at any time terminate the Contract by giving notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that has accrued or will accrue thereafter to the Procuring EntityEntity 34.3

Termination for Insolvency. 18.1 The Procuring Entity Agency may at any time terminate the Contract by giving written notice to the Supplier Service Provider if the Supplier Service Provider becomes bankrupt or otherwise insolvent. In such this event, termination will be without compensation to the SupplierService Provider, provided that such termination will not prejudice or affect any right of action or remedy that which has accrued or will accrue thereafter to the Procuring EntityAgency

Termination for Insolvency. (a) The Procuring Entity Purchaser may at any time terminate the Contract by giving notice to the Supplier if the Supplier becomes bankrupt or otherwise insolvent. In such event, termination will be without compensation to the Supplier, provided that such termination will not prejudice or affect any right of action or remedy that has accrued or will accrue thereafter to the Procuring EntityPurchaser GCC 36.1 Neither the Purchaser nor the Supplier shall assign, in whole or in part, their obligations under this Contract, except with prior written consent of the other party.