AUTOMATIC TERMINATION BY SONY Clause Samples

AUTOMATIC TERMINATION BY SONY. This Agreement may be immediately terminated by Sony giving Licensor notice to that effect upon the occurrence of any of the following: (a) Licensor engages directly or indirectly in any attempt to defraud Sony; or (b) Licensor misrepresents any of the representations or breaches any of the warranties set forth in Sections 5.0 or 6.0; or, (c) Licensor becomes insolvent or unable to pay any and/or all of its debts as they mature in the ordinary course of its business; or, makes an assignment for the benefit of its creditors; or, any proceedings are commenced by, for or against it under any bankruptcy, insolvency or debtors' relief law; or, it is liquidated or dissolved.