BANKRUPTCY OF PERMITTEE. (a) The occurrence of any of the following shall constitute a default which may be a basis for termination of this Agreement: (1) Permittee files for protection under the Bankruptcy Code of the United States or any similar provision under the laws of the State of California; or (2) Permittee has a receiver, trustee, custodian or other similar official appointed for all or substantially all of its business or assets; or (3) Permittee makes an assignment for the benefit of its creditors.
Appears in 5 contracts
Samples: Overhead Facilities License Agreement, Overhead Facilities License Agreement, Overhead Facilities License Agreement
BANKRUPTCY OF PERMITTEE. (a) 11.3.1 The occurrence of any of the following shall constitute a default which may be a basis for termination of this Agreement:
(1a) Permittee files for protection under the Bankruptcy Code of the United States or any similar provision under the laws of the State of California; or
(2b) Permittee has a receiver, trustee, custodian or other similar official appointed for all or substantially all of its business or assets; or
(3c) Permittee makes an assignment for the benefit of its creditors.
Appears in 2 contracts
Samples: Duct, Conduit, and Other Underground Structure Space License Agreement, Duct, Conduit, and Other Structure Space License Agreement
