Common use of Default by Contractor Clause in Contracts

Default by Contractor. Contractor shall be in default under this Contract if: 3.18.1.1 Contractor institutes or has instituted against it insolvency, receivership or bankruptcy proceedings, makes an assignment for the benefit of creditors, or ceases doing business on a regular basis; or 3.18.1.2 Contractor no longer holds a license or certificate that is required for Contractor to perform its obligations under this Contract and Contractor has not obtained such license or certificate within ten

Appears in 3 contracts

Samples: Price Agreement, Price Agreement, Price Agreement

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Default by Contractor. Contractor shall be in default under this Contract if: 3.18.1.1 (i) Contractor institutes or has instituted against it insolvency, receivership or bankruptcy proceedings, makes an assignment for the benefit of creditors, or ceases doing business on a regular basis; or 3.18.1.2 (ii) Contractor no longer holds a license or certificate that is required for Contractor to perform its obligations under this the Contract and Contractor has not obtained such license or certificate within tenfourteen

Appears in 1 contract

Samples: Personal/Professional Services Contract

Default by Contractor. Contractor shall be in default under this Contract if: 3.18.1.1 11.1.1 Contractor institutes or has instituted against it insolvency, receivership or bankruptcy proceedingsproceedings which are not dismissed within sixty (60) days of their commencement, makes an assignment for the benefit of creditors, or ceases doing business on a regular basis; or 3.18.1.2 11.1.2 Contractor no longer holds a license or certificate that is required for Contractor to perform its obligations under this Contract the Services and Contractor has not obtained such license or certificate within tenthirty

Appears in 1 contract

Samples: Information Technology Products and Services Contract

Default by Contractor. Contractor shall be in default under this Contract if: 3.18.1.1 11.1.1 Contractor institutes or has instituted against it insolvency, receivership or bankruptcy proceedingsproceedings which are not dismissed within 60 days of their commencement, makes an assignment for the benefit of creditors, or ceases doing business on a regular basis; or 3.18.1.2 11.1.2 Contractor no longer holds a license or certificate that is required for Contractor to perform its obligations under this Contract the Services and Contractor has not obtained such license or certificate within tenthirty SAMPLE

Appears in 1 contract

Samples: Information Technology Products and Services Contract

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Default by Contractor. Contractor shall be in default under this Contract if: 3.18.1.1 A. Contractor institutes or has instituted against it its insolvency, receivership or bankruptcy proceedings, makes an assignment for the benefit of creditors, or ceases doing business on a regular basis; or 3.18.1.2 B. Contractor no longer holds a license commits any material breach or certificate that is required for Contractor to perform its obligations default of any covenant, warranty, obligation or agreement under this Contract and Contractor has not obtained such license or certificate fails to perform the Services under this Contract within tenthe time specified herein or any extension thereof.

Appears in 1 contract

Samples: Contract for Services

Default by Contractor. Contractor shall be in default under this Contract if: 3.18.1.1 11.1.1 Contractor institutes or has instituted against it insolvency, receivership or bankruptcy proceedingsproceedings which are not dismissed within 60 days of their commencement, makes an assignment for the benefit of creditors, or ceases doing business on a regular basis; or 3.18.1.2 11.1.2 Contractor no longer holds a license or certificate that is required for Contractor to perform its obligations under this Contract the Services and Contractor has not obtained such license or certificate within tenthirty

Appears in 1 contract

Samples: Information Technology Products and Services Contract

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