Common use of Bankruptcy and Reorganization Clause in Contracts

Bankruptcy and Reorganization. In the event that the Contractor files for bankruptcy or reorganization under Chapter Seven or Chapter Eleven of the United States Bankruptcy Code, the Contractor shall disclose such action to the Department within seven (7) days of filing.

Appears in 14 contracts

Samples: Master Services Agreement, Closed Captioning Services Agreement, Invitation for Bids and Agreement

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Bankruptcy and Reorganization. In the event that the Contractor files for bankruptcy or reorganization under Chapter Seven or Chapter Eleven of the United States Bankruptcy Code, the Contractor shall disclose such action to the Department within seven (7) days Days of filing.

Appears in 3 contracts

Samples: Contract for Resident Engineering Inspection Services, Contract for Resident Engineering Inspection Services, Contract for Resident Engineering Inspection Services

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