City’s Right to Terminate for Bankruptcy or Assignment for the Benefit of Creditors Sample Clauses

City’s Right to Terminate for Bankruptcy or Assignment for the Benefit of Creditors. If the Consultant files a voluntary petition in bankruptcy, is adjudicated bankrupt or makes a general assignment for the benefit of creditors, the City may at its option and without further notice to or demand upon the Consultant, immediately cancel and/or terminate this Agreement and terminate each and every right of the Consultant and any person claiming any rights by or through the Consultant. The rights and remedies of the City enumerated in this section 2.8 are cumulative and shall not limit, waive or deny any of the City’s rights under any other provision of this Agreement, nor does this section 2.8 otherwise waive or deny any right or remedy, at law or in equity, existing as of the date of this Agreement or hereinafter enacted or established, that may be available to the City against the Consultant.
AutoNDA by SimpleDocs
City’s Right to Terminate for Bankruptcy or Assignment for the Benefit of Creditors. If Contractor files a voluntary petition in bankruptcy, is adjudicated bankrupt, or makes a general assignment for the benefit of creditors, the City may at its option and without further notice to or demand upon Contractor, immediately cancel and/or terminate this Agreement, and terminate each and every right of Contractor, and any person claiming any rights by or through Contractor under this Agreement.
City’s Right to Terminate for Bankruptcy or Assignment for the Benefit of Creditors. If Subdivider files a voluntary petition in bankruptcy, is adjudicated bankrupt, or makes a general assignment for the benefit of creditors, City may at its option and without further notice to or demand upon Subdivider, immediately terminate this Agreement, and terminate all rights of Subdivider and any person or entity claiming any rights by or through Subdivider. The rights and remedies of City enumerated in this Section are cumulative and shall not limit, waive, or deny any of City’s rights or remedies under other provisions of this Agreement or those available at law or in equity.
City’s Right to Terminate for Bankruptcy or Assignment for the Benefit of Creditors. If Developer files a voluntary petition in bankruptcy, is adjudicated bankrupt, or makes a general assignment for the benefit of creditors, City may at its option and without further notice to or demand upon Developer immediately terminate this Agreement, and terminate all rights of Developer and any person or entity claiming any rights by or through Developer except for a mortgagee’s or beneficiary’s right to cure as provided for in the Park Development Agreement. The rights and remedies of City enumerated in this Section are cumulative and shall not limit, waive, or deny any of City’s rights or remedies under other provisions of this Agreement or those available at law or in equity.
City’s Right to Terminate for Bankruptcy or Assignment for the Benefit of Creditors. If the BRDC files a voluntary petition in bankruptcy, is adjudicated bankrupt, or makes a general assignment for the benefit of creditors, the City may at its option and without further notice to or demand upon the BRDC, immediately cancel and/or terminate this Agreement, and terminate each and every right of the BRDC, and any person claiming any rights by or through the BRDC under this Agreement.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!