Common use of Act of Bankruptcy Clause in Contracts

Act of Bankruptcy. If the other party commits any act of bankruptcy, becomes insolvent or assigns all or part of its assets for the benefit of creditors upon or after the filing of a petition for bankruptcy, whether voluntary or involuntary.

Appears in 2 contracts

Samples: Program Manager Agreement (Atlas Financial Holdings, Inc.), Program Manager Agreement (Atlas Financial Holdings, Inc.)

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Act of Bankruptcy. If the other party commits any act of bankruptcy, becomes insolvent or assigns all or part of its assets for the benefit of creditors upon or on after the filing of a petition for bankruptcy, whether voluntary or involuntary.

Appears in 1 contract

Samples: General Agent’s Agreement (Alfa Corp)

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Act of Bankruptcy. If the other party commits any act of bankruptcy, becomes insolvent or assigns all or part of its assets for the benefit of creditors upon or after the filing of a petition for bankruptcy, whether voluntary or involuntary.. (b.)

Appears in 1 contract

Samples: www.sec.gov

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