By events. PayPal may terminate this Agreement immediately without notice if you: 8.3.1 Breach this Agreement or the User Agreement; 8.3.2 Become unable to pay or perform your obligations as they fall due; 8.3.3 Become insolvent under any insolvency law applicable to you; 8.3.4 Have any distraint, execution, attachment or similar action taken, levied or enforced against you or your assets, or if any garnishee order is issued or served on you; 8.3.5 Become the subject of any petition presented, order made or resolution passed to initiate any process under any insolvency law applicable to you in relation to all or a substantial part of your business, except where solvent amalgamation or reorganisation is proposed on terms previously approved by PayPal; 8.3.6 Lose full and unrestricted control over all or part of your assets because of the appointment of a receiver, manager, trustee, liquidator or similar officer; 8.3.7 Enter into or propose any composition or arrangement concerning your debts with your creditors (or any class of your creditors); 8.3.8 A material adverse change occurs in your business, operations, or financial condition; or 8.3.9 You provide inaccurate information in applying for your Product or in your dealings with us.
Appears in 6 contracts
Samples: Online Card Payment Services Agreement, Online Card Payment Services Agreement, Online Card Payment Services Agreement
By events. PayPal may terminate this Agreement immediately without notice if you:
8.3.1 Breach this Agreement or the User Agreement;
8.3.2 Become unable to pay or perform your obligations as they fall due;
8.3.3 Become insolvent under any insolvency law applicable to you;
8.3.4 Have any distraint, execution, attachment or similar action taken, levied or enforced against you or your assets, or if any garnishee order is issued or served on you;
8.3.5 Become the subject of any petition presented, order made or resolution passed to initiate any process under any insolvency law applicable to you in relation to all or a substantial part of your business, except where solvent amalgamation or reorganisation is proposed on terms previously approved by PayPal;
8.3.6 Lose full and unrestricted control over all or part of your assets because of the appointment of a receiver, manager, trustee, liquidator or similar officer;
8.3.7 Enter into or propose any composition or arrangement concerning your debts with your creditors (or any class of your creditors);
8.3.8 A material adverse change occurs in your business, operations, or financial condition; or
8.3.9 You provide inaccurate information in applying for your Product or in your dealings with us.
Appears in 3 contracts
Samples: Paypal Online Card Payment Services Agreement, Online Card Payment Services Agreement, Paypal Online Card Payment Services Agreement