Common use of Bankruptcy Termination Clause in Contracts

Bankruptcy Termination. This Agreement may be terminated by either Party upon at least thirty (30) days prior written notice if the other Party is declared insolvent or bankrupt, or makes an assignment for the benefit of creditors, or a receiver is appointed or any proceeding is demanded by, for or against the other under any provision of bankruptcy law.

Bankruptcy Termination. This Agreement may be terminated by either Party party upon at least thirty (30) 30 days prior written notice if the other Party party is declared insolvent or bankrupt, or makes an assignment for the benefit of creditors, or a receiver is appointed or any proceeding is demanded by, for or against the other under any provision of the federal bankruptcy lawLaws. Any termination of this Agreement shall be without prejudice to any rights or obligations of the parties accruing prior to such termination including the right to payment of unpaid amounts owing for Services performed prior to termination.

Bankruptcy Termination. This Agreement may be terminated To the extent permitted by applicable law, either Party upon at least may terminate this Agreement by giving written notice of termination to the other Party within thirty (30) days prior written notice if of the filing for bankruptcy by such other Party is declared insolvent or bankrupt, or makes an the making by such other Party of any assignment for the benefit of creditors, or a receiver is appointed or any proceeding is demanded by, for or against . Termination shall be effective upon the other under any provision of bankruptcy lawdate specified in such notice.

Bankruptcy Termination. This Agreement may be terminated by either Party hereto upon at least thirty (30) days prior written notice if the other Party hereto is declared insolvent or bankrupt, or makes an assignment for the benefit of creditors, or a receiver is appointed or any proceeding is demanded by, for or against the other under any provision of bankruptcy law.

Bankruptcy Termination. This Agreement may be terminated by either Party upon at least thirty (30) 30 days prior written notice if in the event that the other Party (or any successor entity) is declared insolvent or bankrupt, or makes an assignment for the benefit of creditors, or a receiver is appointed or any proceeding is demanded by, for or against the such other Party (or any successor entity) under any provision of bankruptcy lawthe Bankruptcy Code.

Bankruptcy Termination. This Either party may immediately terminate this Agreement may be terminated by either Party upon at least thirty (30) days prior without written notice by one party to the other, if the other Party is declared insolvent party files or bankrupthas filed against it a petition under an applicable Bankruptcy Act, or makes an assignment for the benefit of creditors, or has a receiver is appointed for it or any proceeding is demanded byof its assets, or otherwise takes advantage of any statute or law designed for or against the other under any provision relief of bankruptcy lawdebtors.