Termination for Insolvency. 8.52.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 5 contracts
Samples: Health Agency Master Agreement, Master Agreement, Health Agency Master Agreement
Termination for Insolvency. 8.52.1 8.44.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 5 contracts
Samples: Sample Master Agreement, Master Agreement, Master Agreement
Termination for Insolvency. 8.52.1 8.44.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: ▪ Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; ▪ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ▪ The appointment of a Receiver or Trustee for the Contractor; or ▪ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 4 contracts
Samples: Sample Master Agreement, Master Agreement, Master Agreement
Termination for Insolvency. 8.52.1 8.45.1 The County may terminate this Master Agreement Contract forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 4 contracts
Samples: Sample Agreement, Sample Agreement, By And
Termination for Insolvency. 8.52.1 8.45.1 The County may terminate this Master Agreement Contract forthwith in the event of the occurrence of any of the following: ▪ Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; ▪ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ▪ The appointment of a Receiver or Trustee for the Contractor; or ▪ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 4 contracts
Samples: file.lacounty.gov, Sample Contract, file.lacounty.gov
Termination for Insolvency. 8.52.1 8.44.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) 60 calendar days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 3 contracts
Samples: Model Master Agreement, Model Master Agreement, Master Agreement
Termination for Insolvency. 8.52.1 8.45.1 The County District may terminate this Master Agreement Contract forthwith in the event of the occurrence of any of the following: ▪ Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; ▪ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ▪ The appointment of a Receiver or Trustee for the Contractor; or ▪ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 3 contracts
Samples: Fleet Maintenance and Repair Services, file.lacounty.gov, Armed and Unarmed Security Services
Termination for Insolvency. 8.52.1 The 8.44.1 County may terminate this Master Agreement Contract forthwith in the event of the occurrence of any of the following: ▪ Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; ▪ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ▪ The appointment of a Receiver receiver or Trustee trustee for the Contractor; or ▪ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 2 contracts
Termination for Insolvency. 8.52.1 8.45.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 2 contracts
Samples: Master Agreement, Master Agreement
Termination for Insolvency. 8.52.1 8.44.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: ▪ Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) 60 calendar days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; ▪ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ▪ The appointment of a Receiver or Trustee for the Contractor; or ▪ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 2 contracts
Samples: Model Master Agreement, Master Agreement
Termination for Insolvency. 8.52.1 8.46.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: ▪ Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; ▪ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ▪ The appointment of a Receiver or Trustee for the Contractor; or ▪ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 2 contracts
Samples: file.lacounty.gov, file.lacounty.gov
Termination for Insolvency. 8.52.1 8.44.1 The County District may terminate this Master Agreement Contract forthwith in the event of the occurrence of any of the following: ▪ Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; ▪ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ▪ The appointment of a Receiver or Trustee for the Contractor; or ▪ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 2 contracts
Samples: lacounty.info, file.lacounty.gov
Termination for Insolvency. 8.52.1 8.44.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall will be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days 60 Days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; , The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; , The appointment of a Receiver or Trustee for the Contractor; , or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 2 contracts
Samples: Master Agreement, Model Master Agreement
Termination for Insolvency. 8.52.1 The 52.1 County may terminate this Master Agreement Contract forthwith in the event of the occurrence of any of the following: • Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; • The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; • The appointment of a Receiver or Trustee for the Contractor; or • The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 2 contracts
Samples: www.criminallegalnews.org, file.lacounty.gov
Termination for Insolvency. 8.52.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: ▪ Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; ▪ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ▪ The appointment of a Receiver or Trustee for the Contractor; or ▪ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 2 contracts
Samples: Master Agreement, Master Agreement
Termination for Insolvency. 8.52.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 2 contracts
Samples: Department of Health Services, Health Services
Termination for Insolvency. 8.52.1 8.44.1 The County may terminate this Master Agreement Contract forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 2 contracts
Samples: Services Commuter Benefit Plan, s540406496.onlinehome.us
Termination for Insolvency. 8.52.1 8.43.1 The County may terminate this Master Agreement Contract forthwith in the event of the occurrence of any of the following: ▪ Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; ▪ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ▪ The appointment of a Receiver or Trustee for the Contractor; or ▪ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 2 contracts
Samples: Agreement, Mailing Services
Termination for Insolvency. 8.52.1 8.44.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: ▪ Insolvency of the Contractor. The Contractor shall will be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days 60 Days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; ▪ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ▪ The appointment of a Receiver or Trustee for the Contractor; or ▪ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 2 contracts
Samples: Model Master Agreement, Model Master Agreement
Termination for Insolvency. 8.52.1 The 8.44.1 County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: ▪ Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) 60 calendar days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; ▪ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ▪ The appointment of a Receiver or Trustee for the Contractor; or ▪ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Master Agreement
Termination for Insolvency. 8.52.1 8.45.1 The County may terminate this Master Agreement Contract forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: egis2.gis.lacounty.gov
Termination for Insolvency. 8.52.1 8.44.1 The County may terminate this Master Agreement Contract forthwith in the event of the occurrence of any of the following: ▪ Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; ▪ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ▪ The appointment of a Receiver or Trustee for the Contractor; or ▪ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: lacounty.info
Termination for Insolvency. 8.52.1 8.44.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business business, or cannot pay its debts as they become due, ; irrespective of whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Master Agreement
Termination for Insolvency. 8.52.1 8.36.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Master Agreement
Termination for Insolvency. 8.52.1 8.45.1 The County District may terminate this Master Agreement Contract forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Mental Health Professional Services
Termination for Insolvency. 8.52.1 The 8.45.1 County may terminate this Master Agreement Contract forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Intermediary and Direct Services
Termination for Insolvency. 8.52.1 8.42.1 The County may terminate this Master Agreement Contract forthwith for default in the event of the occurrence of any of the following: ❑ Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; : ❑ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ❑ The appointment of a Receiver or Trustee for the Contractor; or ❑ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Contract
Termination for Insolvency. 8.52.1 The 8.51.1 County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Termination for Insolvency. 8.52.1 The 8.44.1 County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) 60 calendar days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Master Agreement
Termination for Insolvency. 8.52.1 8.44.1 The County Commission may terminate this Master Agreement Contract forthwith in the event of the occurrence of any of the following: ▪ Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; ▪ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ▪ The appointment of a Receiver or Trustee for the Contractor; or ▪ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Contract
Termination for Insolvency. 8.52.1 8.45.1 The County may terminate this Master Agreement Contract forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. : The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) calendar days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Assignment Agreement
Termination for Insolvency. 8.52.1 8.55.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: • Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; • The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; • The appointment of a Receiver or Trustee for the Contractor; or • The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Master Agreement
Termination for Insolvency. 8.52.1 8.49.1 The County may terminate this Master Agreement Contract forthwith in the event of the occurrence of any of the following: • Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; • The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; • The appointment of a Receiver or Trustee for the Contractor; or • The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: By And
Termination for Insolvency. 8.52.1 The 8.44.1 County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Master Agreement
Termination for Insolvency. 8.52.1 8.45.1 The County may terminate this Master Agreement Contract forthwith in the event of the occurrence of any of the following: • Insolvency of the Contractor. : The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) calendar days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; • The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; • The appointment of a Receiver or Trustee for the Contractor; or • The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Assignment Agreement
Termination for Insolvency. 8.52.1 8.44.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: • Insolvency of the Contractor. The Contractor shall will be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days 60 Days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; , • The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; , • The appointment of a Receiver or Trustee for the Contractor; , or • The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Model Master Agreement
Termination for Insolvency. 8.52.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Department of Health Services
Termination for Insolvency. 8.52.1 8.45.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: ▪ Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; ▪ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ▪ The appointment of a Receiver or Trustee for the Contractor; or ▪ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Master Agreement
Termination for Insolvency. 8.52.1 8.47.1 The County may terminate this Master Agreement Contract forthwith in the event of the occurrence of any of the following: • Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; • The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; • The appointment of a Receiver or Trustee for the Contractor; or • The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Home Health Services Agreement
Termination for Insolvency. 8.52.1 8.40.1 The County may terminate this Master Agreement Contract forthwith for default in the event of the occurrence of any of the following: ❑ Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it he/she has ceased to pay its debts for at least sixty (60) days in the ordinary course of business business, or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code Code, and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; : ❑ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ❑ The appointment of a Receiver or Trustee for the Contractor; or ❑ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Check Enforcement Services
Termination for Insolvency. 8.52.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: ▪ Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; ▪ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ▪ The appointment of a Receiver or Trustee for the Contractor; or ▪ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Department of Health Services
Termination for Insolvency. 8.52.1 8.48.1 The County may terminate this Master Agreement Contract forthwith in the event of the occurrence of any of the following: ▪ Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; ▪ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ▪ The appointment of a Receiver or Trustee for the Contractor; or ▪ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Termination for Insolvency. 8.52.1 8.45.1 The County may terminate this Master Agreement Contract forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) 60 days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Sample Contract
Termination for Insolvency. 8.52.1 8.60.1 The County may terminate this Master Agreement forthwith Contract in the event of the occurrence of any of the following: • Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning means of the Federal Bankruptcy Code; • The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; • The appointment of a Receiver or Trustee for the Contractor; or • The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Capacity Building Services
Termination for Insolvency. 8.52.1 8.53.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Termination for Insolvency. 8.52.1 8.44.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: ▪ Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, ; irrespective of whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; ▪ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ▪ The appointment of a Receiver or Trustee for the Contractor; or ▪ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Master Agreement
Termination for Insolvency. 8.52.1 8.44.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, ; irrespective of whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Master Agreement
Termination for Insolvency. 8.52.1 8.44.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: ▪ Insolvency of the Contractor. The Contractor shall will be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; ▪ The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; ▪ The appointment of a Receiver or Trustee for the Contractor; or ▪ The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Master Agreement
Termination for Insolvency. 8.52.1 8.44.1 The County may terminate this Master Agreement forthwith in the event of the occurrence of any of the following: Insolvency of the Contractor. The Contractor shall be deemed to be insolvent if it has ceased to pay its debts for at least sixty (60) days in the ordinary course of business or cannot pay its debts as they become due, whether or not a petition has been filed under the Federal Bankruptcy Code and whether or not the Contractor is insolvent within the meaning of the Federal Bankruptcy Code; The filing of a voluntary or involuntary petition regarding the Contractor under the Federal Bankruptcy Code; The appointment of a Receiver or Trustee for the Contractor; or The execution by the Contractor of a general assignment for the benefit of creditors.
Appears in 1 contract
Samples: Master Agreement
