By Either Party for Insolvency. Either Party may terminate this Agreement upon written notice if the other Party is dissolved or liquidated, files or has filed against it a petition under any bankruptcy or insolvency law that is not dismissed within **, makes an assignment for the benefit of its creditors or has a receiver or trustee appointed for all or substantially all of its property.
Appears in 3 contracts
Samples: Development and License Agreement (Onconova Therapeutics, Inc.), Development and License Agreement (Onconova Therapeutics, Inc.), Development and License Agreement (Onconova Therapeutics, Inc.)
By Either Party for Insolvency. Either Party may terminate this Agreement effective immediately upon delivery of written notice to the other Party if the other Party is dissolved or liquidated, files or has filed against it a petition under any bankruptcy or insolvency law that is not dismissed within [***], makes an assignment for the benefit of its creditors or has a receiver or trustee appointed for all or substantially all of its property.
Appears in 1 contract
Samples: Development and Commercial License Agreement (HWEL Holdings Corp.)
By Either Party for Insolvency. Either Party may terminate this Agreement upon written notice if the other Party is dissolved or liquidated, files or has filed against it a petition under any bankruptcy or insolvency law that is not dismissed within **sixty (60) days, makes an assignment for the benefit of its creditors or has a receiver or trustee appointed for all or substantially all of its property.
Appears in 1 contract
Samples: Development, Commercialization and License Agreement (Cell Therapeutics Inc)
