becomes Insolvent. 22.4.3 makes any arrangement or composition with its creditors, or assignment for the benefit of its creditors;
becomes Insolvent. (b) After receipt of a notice of termination under this Agreement, the Supplier must, unless otherwise directed by Ameropa, immediately terminate all work under this Agreement (or the Purchase Order, as applicable) and must:
becomes Insolvent. 12.4 Exponential-e shall have the right on immediate notice to the Partner, to terminate the Contract at any time in the event that the Partner fails to make payment of any undisputed Charges by the Due Date and fails to remedy such breach within fourteen (14) days of notice from Exponential-e requiring the breach to be remedied.
becomes Insolvent. 2.2.3 Has winding-up proceedings instituted against the contractor, or
becomes Insolvent. 8.1.4 (in the case of the Supplier only), fails to insure the Display Items in accordance with clause 6.3; and the other party (the non-defaulting party) shall be entitled in an Event of Default to immediately terminate this Agreement. party in exercising any right conferred upon that party by this Agreement does not operate as a waiver of that right. No right under this Agreement shall be deemed to be waived except by notice in writing signed by each party.
becomes Insolvent. 10.1.2 makes an arrangement with its creditors generally;
becomes Insolvent. 22.1.2 makes a general assignment for the benefit of its creditors;
becomes Insolvent. If a person claiming to be a creditor of the Company or any of its Material Subsidiaries alleges in writing to the Trustee that the Company or a Material Subsidiary has become Insolvent, the Trustee promptly shall suspend the distribution of Benefits under Section 2 and of dividends or other income earned on the shares of Stock or other assets held in Trust and shall contact the Company's Chairman or President and the Board of Directors. If the Company's Chairman or President or the Board of Directors fails to confirm or deny such claim, the Trustee shall continue the suspension of Benefit distributions to Trust Beneficiaries and of income on the assets held in Trust until or unless a court of competent jurisdiction shall have determined that neither the Company nor any of its Material Subsidiaries is Insolvent. The Trustee shall also have the right at any time to apply to a court of competent jurisdiction for instructions on how to proceed if the Trustee determines that such action is necessary or appropriate in light of any uncertainty that may reasonably exist regarding whether or not the Company or a Material Subsidiary is Insolvent. Unless the Trustee has actual knowledge that the Company or a Material Subsidiary is Insolvent, the Trustee shall have no duty to inquire whether the Company or any of its Material Subsidiaries is Insolvent. In the absence of actual knowledge to the contrary, if the Trustee is notified pursuant to the foregoing provisions by a court of competent jurisdiction, by the Company's Chairman or President or by the Board of Directors that the Company and all its Material Subsidiaries are not or are no longer Insolvent, the Trustee shall resume the distribution of Benefits under Section 2 and of dividends or other income earned on the shares of Stock or other assets held in the Trust. Upon resumption of the distribution of Benefits by the Trustee, the first distribution to each Trust Beneficiary to whom distributions were so suspended shall include (to the extent that shares are available therefor) the amount by which the aggregate of all distributions which would have been made to such Trust Beneficiary in accordance with instructions given by the Committee or by officers of the Company, but for the discontinuance of distributions pursuant to paragraph (a) above, exceeds the aggregate distributions on account of Benefits actually made to such Trust Beneficiary by the Company (as certified to the Trustee by the Company in writing) ...
becomes Insolvent. 11.4. Where provision of a Service has been limited or suspended by XXXX due to circumstances referred to in clause 11.3, if such circumstances later cease to exist or are remedied by Customer, then Customer:
becomes Insolvent. 12.4 BroadCloud Group LTD shall have the right on immediate notice to the Customer, to terminate the Contract at any time in the event that the Customer fails to make payment of any undisputed Charges by the Due Date and fails to remedy such breach within fourteen (14) days of notice from BroadCloud Group LTD requiring the breach to be remedied.
