Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the institution by or against the Buyer of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts (ii) upon the Buyer making an assignment for the benefit of creditors, or (iii) upon the Buyer’s dissolution.
Appears in 6 contracts
Sources: Purchase and Sale Agreement, Purchase and Sale Agreement, Purchase and Sale Agreement
Termination for Insolvency. This Agreement shall terminate, without -------------------------- notice, (i) upon the institution by or against the Buyer Distributor of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts Distributor's debts, (ii) upon the Buyer Distributor's making an assignment for the benefit of creditors, or (iii) upon the Buyer’s Distributor's dissolution.
Appears in 4 contracts
Sources: Distributor Agreement (Computer Access Technology Corp), Distribution Agreement (Vidamed Inc), International Distributor Agreement (Lynuxworks Inc)
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the institution by or against the Buyer Representative of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts Representative's debts, (ii) upon the Buyer Representative's making an assignment for the benefit of creditors, or (iii) upon initiation of dissolution proceedings of the Buyer’s dissolutionRepresentative.
Appears in 4 contracts
Sources: Independent Sales Representative Agreement, Sales Representative Agreement, Independent Sales Representative Agreement (Integrated Environmental Technologies, Ltd.)
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the institution by or against the Buyer Affiliate of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts Affiliate's debts, (ii) upon the Buyer Affiliate's making an assignment for the benefit of creditors, or (iii) upon initiation of dissolution proceedings of the Buyer’s dissolutionAffiliate.
Appears in 3 contracts
Sources: Affiliate Agreement, Independent Sales Representative Agreement, Sales Affiliate/Independent Contractor Agreement
Termination for Insolvency. This Agreement shall terminateterminate automatically, without noticewith no action required to be taken by or on behalf of INFRAREDX, (i) upon the institution by or against the Buyer Distributor of insolvency, receivership or bankruptcy proceedings proceedings, appointment of an administrator or any other proceedings for the settlement of the BuyerDistributor’s debts debts, (ii) upon the Buyer Distributor’s making an assignment for the benefit of creditors, or (iii) upon Distributor’s dissolution or ceasing to do business. Distributor immediately shall notify INFRAREDX of the Buyer’s dissolutionoccurrence of any of the above.
Appears in 3 contracts
Sources: International Distribution Agreement, International Distribution Agreement (Infraredx Inc), International Distribution Agreement (Infraredx Inc)
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the institution by or against the Buyer Distributor of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts Distributor's debts, (ii) upon the Buyer Distributor's making an assignment for the benefit of creditors, or (iii) upon the Buyer’s dissolutionDistributor's dissolution or ceasing to do business.
Appears in 2 contracts
Sources: License / Distributor Agreement (Host America Corp), International Distributor Agreement (Metra Biosystems Inc)
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the institution by or against the Buyer Distributor of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the BuyerDistributor’s debts debts; (ii) upon the Buyer Distributor’s making an a general assignment for the benefit of creditors, ; or (iii) upon the BuyerDistributor’s dissolution.
Appears in 2 contracts
Sources: Distribution Agreement (Sonic Solutions/Ca/), Distribution Agreement (Sonic Solutions/Ca/)
Termination for Insolvency. This Agreement shall terminate, without notice, ;
(i) upon the institution by or against the Buyer either party of insolvency, receivership or bankruptcy proceedings or any proceedings, other proceedings than for the settlement purposes of the Buyer’s debts restructuring;
(ii) upon the Buyer either party's making an assignment for the benefit of creditors, or ; or
(iii) upon the Buyer’s dissolutioneither party's dissolution or ceasing to do business.
Appears in 2 contracts
Sources: License Agreement, License Agreement
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the institution by or against the Buyer Purchaser of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts Purchaser's debts, (ii) upon the Buyer Purchaser's making an assignment for the benefit of creditors, or (iii) upon the Buyer’s dissolutionPurchaser's dissolution or ceasing to do business.
Appears in 2 contracts
Sources: International Oem Agreement (Com21 Inc), Oem Agreement (Com21 Inc)
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the institution by or against the Buyer Agent of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts Agent's debts, (ii) upon the Buyer Agent's making an assignment for the benefit of creditors, or (iii) upon initiation of dissolution proceedings of the Buyer’s dissolutionAgent.
Appears in 2 contracts
Sources: Agent Agreement, Agent's Representation Agreement (Caredecision Corp)
Termination for Insolvency. This Agreement shall terminate, terminate immediately without notice, : (i) upon the institution by or against the Buyer Company or Parent of insolvency, receivership by or bankruptcy proceedings or any other proceedings for the settlement of the BuyerCompany’s debts or Parent’s debts; (ii) upon the Buyer Company’s or Parent’s making an assignment for the benefit of creditors, ; or (iii) upon the BuyerCompany’s dissolution.or Parent’s dissolution or liquidation,
Appears in 2 contracts
Sources: Intercompany Services Agreement (ScoutCam Inc.), Intercompany Services Agreement (Medigus Ltd.)
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the institution by or against the Buyer Distributor of insolvency, receivership or bankruptcy proceedings proceedings, or any other proceedings for the settlement of the BuyerDistributor’s debts debts, (ii) upon the Buyer Distributor making an assignment for the benefit of creditors, or (iii) upon the BuyerDistributor’s dissolutiondissolution or ceasing to do business.
Appears in 2 contracts
Sources: Distribution Agreement, Distribution Agreement (Abiomed Inc)
Termination for Insolvency. This Agreement shall terminate, without notice, (ia) upon the institution by or against the Buyer of either party for insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts proceedings, (iib) upon the Buyer Marketlink making an assignment for the benefit of creditors, or (iiic) upon the Buyer’s Marketlink dissolution.
Appears in 2 contracts
Sources: Manufacturer's Representative Agreement (Cyberguard Corp), Manufacturer's Representative Agreement (Mangosoft Inc)
Termination for Insolvency. This Agreement shall terminate, without notice, notice (i) upon the institution by or against the Buyer Distributor of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts Distributor's debts, (ii) upon the Buyer Distributor's making an assignment for the benefit of creditors, or (iii) upon the Buyer’s dissolutionDistributor's dissolution or ceasing to do business.
Appears in 1 contract
Sources: International Distributor Agreement (Orthopedic Biosystems LTD Inc)
Termination for Insolvency. This Agreement shall terminateterminate automatically, without notice, with no action required to be taken by or on behalf of INFRAREDX,
(i) upon the institution by or against the Buyer Distributor of insolvency, receivership or bankruptcy proceedings proceedings, appointment of an administrator or any other proceedings for the settlement of the BuyerDistributor’s debts debts, (ii) upon the Buyer Distributor’s making an assignment for the benefit of creditors, or (iii) upon Distributor’s dissolution or ceasing to do business. Distributor immediately shall notify INFRAREDX of the Buyer’s dissolutionoccurrence of any of the above.
Appears in 1 contract
Sources: Distribution Agreement
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the institution by or against the Buyer Distributor of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts Distributor's debts, (ii) upon the Buyer Distributor's making an assignment for the benefit of creditors, or (iii) upon initiation of dissolution proceedings of the Buyer’s dissolutionDistributor.
Appears in 1 contract
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the institution by or against the Buyer either party of any insolvency, receivership receivership, or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts proceeding, (ii) upon the Buyer insolvent party's making an assignment for the benefit of creditors, or (iii) upon the Buyer’s dissolutioninsolvent party's dissolution or ceasing to do business.
Appears in 1 contract
Sources: Service Agreement (Childrens Place Retail Stores Inc)
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the institution by or against the Buyer of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts 's debts, (ii) upon the Buyer Buyer's making an assignment for the benefit of creditors, or (iii) upon Buyer's dissolution or ceasing to do business, provided Buyer has not eliminated the Buyer’s dissolutionapplicable condition mentioned above upon [***] advance written notice from Seller to do so.
Appears in 1 contract
Sources: Corporate Purchase Agreement (Multimedia Access Corp)
Termination for Insolvency. This Agreement shall terminateterminate automatically, without notice, (i) upon the institution by or against the Buyer (if meritorious) Distributor of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts Distributor's debts; (ii) upon the Buyer Distributor's making an assignment for the benefit of creditors, or (iii) upon the Buyer’s Distributor's dissolution.
Appears in 1 contract
Sources: Distribution Agreement (Gametech International Inc)
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the institution by or against the Buyer Representative of insolvency, receivership or bankruptcy proceedings or any other proceedings for fur the settlement of the Buyer’s debts Representative's debts, (ii) upon the Buyer Representative's making an assignment for the benefit of creditors, or (iii) upon initiation of dissolution proceedings of the Buyer’s dissolutionRepresentative.
Appears in 1 contract
Sources: Independent Sales & Marketing Contractor Agreement (Platforms Wireless Internatonal Corp)
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the institution by or against the Buyer Purchaser of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the BuyerPurchaser’s debts debts, (ii) upon the Buyer Purchaser’s making an assignment for the benefit of creditors, or (iii) upon the BuyerPurchaser’s dissolutiondissolution or ceasing to do business.
Appears in 1 contract
Sources: Product License and Sale Agreement
Termination for Insolvency. This Agreement shall terminate, -------------------------- without notice, (i) upon the institution by or against the Buyer Distributor of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts Distributor's debts, (ii) upon the Buyer Distributor's making an assignment for the benefit of creditors, or (iii) upon the Buyer’s Distributor's dissolution.
Appears in 1 contract
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the upon:
9.2.1. The institution by or against the Buyer of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer's debts,
9.2.2. Buyer’s debts (ii) upon the Buyer making an assignment for the benefit of creditors, or (iii) upon the or
9.2.3. Buyer’s dissolution.written cancellation per 9.4
Appears in 1 contract
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the institution by or against the Buyer Distributor of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts Distributor's debts, (ii) upon the Buyer Distributor making an assignment for the benefit of creditors, or (iii) upon initiation of dissolution proceedings of the Buyer’s dissolutionDistributor.
Appears in 1 contract
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the institution by or against the Buyer Reseller of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts Reseller's debts; (ii) upon the Buyer Reseller's making an assignment for the benefit of creditors, or (iii) upon the Buyer’s Reseller's dissolution.
Appears in 1 contract
Sources: Authorized Reseller Agreement
Termination for Insolvency. This Agreement shall terminate, terminate immediately without notice, : (i) upon the institution by or against the Buyer or Seller of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts 's or Seller's debts; (ii) upon the Buyer Buyer's or Seller's making an assignment for the benefit of creditors, ; or (iii) upon the Buyer’s dissolution's or Seller's dissolution or liquidation.
Appears in 1 contract
Termination for Insolvency. This Agreement shall terminateterminate automatically, without notice, (i) upon the institution by or against the Buyer Distributor of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts Distributor's debts, (ii) upon the Buyer Distributor's making an assignment for the benefit of creditors, or (iii) upon the Buyer’s Distributor's dissolution.
Appears in 1 contract
Sources: Distribution Agreement (Gametech International Inc)
Termination for Insolvency. This Agreement shall terminate, without notice, (iI) upon the institution by or against the Buyer Distributor of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts Distributor's debts, (ii) upon the Buyer Distributor's making an assignment for the benefit of creditors, or (iii) upon the Buyer’s Distributor's dissolution.
Appears in 1 contract
Sources: International Distribution Agreement (Somnus Medical Technologies Inc)
Termination for Insolvency. This Agreement shall terminate, without notice, ,
(i) upon the institution by or against the Buyer Distributor of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the BuyerDistributor’s debts debts,
(ii) upon the Buyer Distributor’s making an assignment for the benefit of creditors, or or
(iii) upon the BuyerDistributor’s dissolutiondissolution or ceasing to function as an ongoing business concern.
Appears in 1 contract
Termination for Insolvency. This Agreement shall terminateterminate immediately, without upon written notice, (i) upon the institution by or against the if Buyer of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts (ii) upon the Buyer making makes an assignment for the benefit of creditors, or (iii) upon the if a trustee or receiver is appointed for Buyer or for a substantial part of its assets, or if bankruptcy, reorganization or insolvency proceedings are instituted by or against Buyer’s dissolution.
Appears in 1 contract
Sources: Terms and Conditions of Sale
Termination for Insolvency. This Agreement shall terminate, terminate immediately without notice, :
(i) upon the institution by or against the Buyer Company or Parent of insolvency, receivership by or bankruptcy proceedings or any other proceedings for the settlement of the BuyerCompany’s debts or Parent’s debts; (ii) upon the Buyer Company’s or Parent’s making an assignment for the benefit of creditors, ; or (iii) upon the BuyerCompany’s dissolution.or Parent’s dissolution or liquidation,
Appears in 1 contract
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the institution by or against the Buyer Distributor of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the BuyerDistributor’s debts debts. (ii) upon the Buyer Distributor’s making an assignment for the benefit of creditors, or (iii) upon the BuyerDistributor’s dissolutiondissolution or ceasing to do business.
Appears in 1 contract
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the institution by or against the Buyer Representative of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts Representative's debts, (ii) upon the Buyer Representative's making an assignment for the benefit of creditors, or (iii) upon initiation of dissolution proceedings of the Buyer’s dissolution.Representative. D.
Appears in 1 contract
Sources: Sales Representation Agreement
Termination for Insolvency. 12.1 This Agreement agreement shall terminate, without notice, .
(i) upon the institution by or against the Buyer Licensee of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts Licensee*s debts; (ii) upon the Buyer Licensee*s making an assignment for the benefit of creditors, ; or (iii) upon the Buyer’s dissolutionLicensee*s dissolution or ceasing to do business.
Appears in 1 contract
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the institution by or against the Buyer either party, of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts (ii) upon the Buyer making an assignment for the benefit of creditors, or (iii) upon the Buyer’s dissolution.bankruptcy
Appears in 1 contract
Sources: Distribution Agreement (Sunrise Technologies International Inc)
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the filing by an institution by or against the Buyer Rep for reason of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the Buyer’s debts Rep's debts, (ii) upon the Buyer Rep's making an assignment for the benefit of creditors, or (iii) upon initiation of dissolution proceedings of the BuyerRep (if Rep hereafter forms an entity to fulfill Rep’s dissolutionobligations).
Appears in 1 contract
Sources: Sales Representative Agreement
Termination for Insolvency. This Agreement shall terminateterminate immediately without judicial intervention, without notice, (ia) upon the institution by or against the Buyer either Party of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement in consequence of the Buyer’s debts debt, (iib) upon the Buyer either party making an assignment for the benefit of creditors, or (iiic) upon the Buyer’s dissolutiondissolution of either company except for dissolution by merger into another company.
Appears in 1 contract
Sources: Distribution Agreement (Maravai Lifesciences Holdings, Inc.)
Termination for Insolvency. This Agreement shall terminate, without notice, may be terminated with written notice (i) upon i)upon the institution by or against the Buyer of insolvency, receivership or liquidation, receivership, bankruptcy proceedings proceedings, or any other proceedings for the settlement of the Buyer’s debts 's debt, if such proceeding is not dismissed within thirty (30) days; or (ii) upon the Buyer following Buyer's making an assignment for the benefit of creditors, ; or (iii) upon the following Buyer’s 's dissolution.
Appears in 1 contract
Sources: Oem Agreement (Paradyne Corp)
Termination for Insolvency. This Agreement shall terminate, without notice, (i) upon the institution by or against the Buyer Distributor of insolvency, receivership or bankruptcy proceedings or any other proceedings for the settlement of the BuyerDistributor’s debts debts, (ii) upon the Buyer Distributor’s making an assignment for the benefit of creditors, or (iii) upon the BuyerDistributor’s dissolutiondissolution or ceasing to function as an on going business concern.
Appears in 1 contract