Common use of Automatic Immediate Termination Clause in Contracts

Automatic Immediate Termination. This agreement shall be automatically terminated immediately if a party becomes the subject of any bankruptcy, liquidation, receivership or similar proceedings.

Appears in 4 contracts

Samples: Marketing Agreement, Marketing Agreement, Joint Agreement

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Automatic Immediate Termination. This agreement Agreement shall be automatically terminated immediately if a upon either party becomes becoming the subject of any bankruptcy, liquidation, receivership or similar proceedings, making an assignment for the benefit of its creditors, or becoming unable to pay its debts as they become due.

Appears in 1 contract

Samples: Cowabunga Recipcal Web Site Linking Agreement (Photoloft Com)

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