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Common use of Defined Clause in Contracts

Defined. The failure of a Party to perform any of its obligations in accordance with this Agreement, in whole or in part or in a timely or satisfactory manner, shall be a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Local Agency, or the appointment of a receiver or similar officer for Local Agency or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach.

Appears in 35 contracts

Samples: Intergovernmental Agreement, Intergovernmental Agreement, Intergovernmental Agreement

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Defined. The failure of a Party to perform any of its obligations in accordance with this AgreementContract, in whole or in part or in a timely or satisfactory manner, shall be a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Local AgencyContractor, or the appointment of a receiver or similar officer for Local Agency Contractor or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach.

Appears in 31 contracts

Samples: Price Agreement, Price Agreement, Price Agreement

Defined. The failure of a Party to perform any of its obligations in accordance with this AgreementContract, in whole or in part or in a timely or satisfactory manner, shall be a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Local AgencyContractor, or the appointment of a receiver or similar officer for Local Agency Contractor or any of its property, which is not vacated or fully stayed within 30 thirty (30) days after the institution of such proceeding, shall also constitute a breach.

Appears in 16 contracts

Samples: Price Agreement, Price Agreement, Price Agreement

Defined. The failure of a Party to perform any of its obligations in accordance with this Agreement, in whole or in part or in a timely or satisfactory manner, shall be a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Local AgencyGrantee, or the appointment of a receiver or similar officer for Local Agency Grantee or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach.

Appears in 13 contracts

Samples: Grant Agreement, Grant Agreement, Grant Agreement

Defined. The failure of a Party to perform any of its obligations in accordance with this Agreement, in whole or in part or in a timely or satisfactory manner, shall be a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization reorganization, or similar law, by or against Local Agency, or the appointment of a receiver or similar officer for Local Agency or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach.

Appears in 10 contracts

Samples: Intergovernmental Agreement, Intergovernmental Agreement, Intergovernmental Agreement

Defined. The In addition to any breaches specified in other sections of this Contract, the failure of a either Party to perform any of its material obligations in accordance with this Agreementhereunder, in whole or in part or in a timely or satisfactory manner, shall be constitutes a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Local AgencyContractor, or the appointment of a receiver or similar officer for Local Agency Contractor or any of its property, which is not vacated or fully stayed within 30 20 days after the institution of such proceedingor occurrence thereof, shall also constitute a breach.

Appears in 5 contracts

Samples: Colorado Department of Revenue Contract, Aircraft Purchase Contract, Master Contract

Defined. The In addition to any breaches specified in other sections of this Contract, the failure of a either Party to perform any of its material obligations in accordance with this Agreement, hereunder in whole or in part or in a timely or satisfactory manner, shall be constitutes a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Local AgencyContractor, or the appointment of a receiver or similar officer for Local Agency Contractor or any of its property, which is not vacated or fully stayed within 30 20 days after the institution of such proceedingor occurrence thereof, shall also constitute a breach.

Appears in 4 contracts

Samples: State Contract, State Contract, State Contract

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Defined. The In addition to any breaches specified in other sections of this Agreement, the failure of a either Party to perform any of its material obligations in accordance with this Agreementhereunder, in whole or in part or in a timely or satisfactory manner, shall be constitutes a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Local Agencythe County, or the appointment of a receiver or similar officer for Local Agency the County or any of its property, which is not vacated or fully stayed within 30 20 days after the institution of such proceedingor occurrence thereof, shall also constitute a breach.

Appears in 2 contracts

Samples: Agreement With the Board of County Commissioners and Sheriff of Archuleta County, Colorado, Agreement With the Board of County Commissioners and Sheriff of Archuleta County, Colorado

Defined. The In addition to any breaches specified in other sections of this Agreement, the failure of a either Party to perform any of its material obligations in accordance with this Agreementhereunder, in whole or in part or in a timely or satisfactory manner, shall be constitutes a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Local AgencyContractor, or the appointment of a receiver or similar officer for Local Agency Contractor or any of its property, which is not vacated or fully stayed within 30 20 days after the institution of such proceedingor occurrence thereof, shall also constitute a breach.

Appears in 2 contracts

Samples: Personal Services Agreement, Personal Services Agreement

Defined. The failure of a Party to perform any of its obligations in accordance with this AgreementContract, in whole or in part or in a timely or satisfactory mannermanner in accordance with mutually agreed to dates, shall be a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Local AgencyContractor, or the appointment of a receiver or similar officer for Local Agency Contractor or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach.

Appears in 1 contract

Samples: Price Agreement

Defined. The In addition to any breaches specified in other sections of this Contract, the failure of a either Party to perform any of its material obligations in accordance with this Agreement, hereunder in whole or in part or in a timely or satisfactory manner, shall be constitutes a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Local AgencyContractor, or the appointment of a receiver or similar officer for Local Agency Contractor or any of its property, which is not vacated or fully stayed within 30 twenty (20) days after the institution of such proceedingor occurrence thereof, shall also constitute a breach.

Appears in 1 contract

Samples: Contract

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