Contractor Bankruptcy/Insolvency Sample Clauses

Contractor Bankruptcy/Insolvency. If the Contractor should be adjudged bankrupt or should have a general assignment for the benefit of its creditors or if a receiver should be appointed on account of the Contractor’s insolvency, the County may terminate this Contract.
AutoNDA by SimpleDocs
Contractor Bankruptcy/Insolvency. 14.1 In addition to the termination provision found in Section I.K., County may immediately cancel this Contract for default in the event of the occurrence of any of the following:
Contractor Bankruptcy/Insolvency. If Contractor is adjudged bankrupt or has a general assignment for the benefit of its creditors or if a receiver is appointed on account of Contractor’s insolvency, County may immediately terminate this Contract for cause pursuant to Article K, Termination. 11 Contractor’s Expense: Contractor is responsible for all costs related to photo copying, telephone communications, fax communications, and parking while on County sites during the performance of work and services under this Contract. County will not provide free parking for any service in the County Civic Center.
Contractor Bankruptcy/Insolvency. If the CONTRACTOR should be adjudged bankrupt or should have a general assignment for the benefit of its creditors or if a receiver should be appointed on account of the CONTRACTOR‟S insolvency, the COUNTY may terminate this CONTRACT.
Contractor Bankruptcy/Insolvency. 12.1 COUNTY may cancel this CONTRACT for default in the event of the occurrence of any of the following: Formatted: Indent: Left: 0.5", Hanging: 0.5" 12.1.1 Insolvency of CONTRACTOR. CONTRACTOR shall be deemed insolvent if it has Formatted: Indent: Left: 0.5", Hanging: 0.5", Tab stops: -0.5", Left + Not at 0.5" + 1" ceased to pay its debts in the ordinary course of business or cannot pay its debts as they become due whether it has committed an act of bankruptcy or not, and whether insolvent within the meaning of the Federal Bankruptcy Law or not; 12.1.2 The filing of a voluntary petition of bankruptcy; 12.1.3 The appointment of a Receiver or Trustee for CONTRACTOR; 12.1.4 The execution by CONTRACTOR of an assignment for the benefit of creditors. 12.2 The remedies reserved to COUNTY herein shall be cumulative and additional to any other remedies provided in law or equity. Formatted: Normal, Justified, Indent: Left:0.5", Hanging: 0.5", Tab stops: Not at 1"
Contractor Bankruptcy/Insolvency. If Contractor is adjudged bankrupt or has a general assignment for the benefit of its creditors or if a receiver is appointed on account of Contractor’s insolvency, County may immediately terminate this Contract for cause pursuant to Paragraph K, Termination.
Contractor Bankruptcy/Insolvency. If either Party should be adjudged bankrupt or should have a general assignment for the benefit of its creditors or if a receiver should be appointed on account of the Contractor‘s insolvency, the other Party may terminate this Contract.
AutoNDA by SimpleDocs
Contractor Bankruptcy/Insolvency. If the CONTRACTOR should be adjudged bankrupt or should have a general assignment for the benefit of its creditors or if a
Contractor Bankruptcy/Insolvency. If the Contractor should be adjudged bankrupt or should have a general assignment for the benefit of its creditors or if a receiver should be appointed on account of the Contractor’s insolvency, the County may terminate this Contract. DocuSign Envelope ID: E1832754-C0B8-412E-B6DE-4D64BB7551A4
Contractor Bankruptcy/Insolvency. If the Contractor should be adjudged bankrupt or should have a general assignment for the benefit of its creditors or if a receiver should be appointed on account of the Contractor’s insolvency, the County may terminate this Contract. This is a legal and binding agreement between the Purchaser and HLP, INC. ("HLP"). The request of the Purchaser for the Chameleon / CMS Software Package ("CMS") and License, and the acceptance of payment for such by HLP, is an acceptance of these terms and conditions.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!