Common use of Insolvency; Assignments Clause in Contracts

Insolvency; Assignments. If the Franchisee becomes insolvent or is adjudicated a bankrupt; or any action is taken by the Franchisee, or by others against the Franchisee under any insolvency, bankruptcy or reorganization act, (this provision may not be enforceable under federal bankruptcy law, 11 U.S.C. §§ 101 et seq.), or if the Franchisee makes an assignment for the benefit of creditors, or a receiver is appointed by the Franchisee;

Appears in 9 contracts

Samples: Franchise Agreement, Franchise Agreement, Franchise Agreement

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Insolvency; Assignments. If the Franchisee becomes insolvent or is adjudicated a bankrupt; or any action is taken by the Franchisee, or by others against the Franchisee under any insolvency, bankruptcy or reorganization act, (this provision may not be enforceable under federal bankruptcy law, 11 U.S.C. §§ 101 et seq.), or if the Franchisee makes an assignment for the benefit of creditors, or a receiver is appointed by the Franchisee;

Appears in 5 contracts

Samples: Franchise Agreement Template, Franchise Agreement, Africa Investment Group

Insolvency; Assignments. If the Franchisee becomes insolvent or is adjudicated a bankrupt; or any action is taken by the Franchisee, or by others against the Franchisee under any insolvency, bankruptcy or reorganization act, (this provision may not be enforceable under federal bankruptcy law, 11 U.S.C. §§ 101 et seq.), or if the Franchisee makes an assignment for the benefit of creditors, or a receiver is appointed by the Franchisee;; c.

Appears in 5 contracts

Samples: Franchise Agreement, Agreement, Franchise Agreement

Insolvency; Assignments. If the Franchisee becomes insolvent or is adjudicated a bankrupt; or any action is taken by the Franchisee, or by others against the Franchisee under any insolvency, bankruptcy or reorganization act, (this provision may not be enforceable under federal bankruptcy law, 11 U.S.C. §§ Sections 101 et seq.), or if the Franchisee makes an assignment for the benefit of creditors, or a receiver is appointed by the Franchisee;

Appears in 3 contracts

Samples: Franchise Agreement (Rocky Mountain Chocolate Factory Inc), Franchise Agreement (Rocky Mountain Chocolate Factory Inc), Franchise Agreement (Rocky Mountain Chocolate Factory Inc)

Insolvency; Assignments. If the Franchisee becomes insolvent or is adjudicated a bankrupt; or any action is taken by the Franchisee, or by others against the Franchisee Franchisee, under any insolvency, bankruptcy bankruptcy, or reorganization act, act (this provision may might not be enforceable under federal bankruptcy law, 11 U.S.C. §§ 101 et seq.), ; or if the Franchisee makes an assignment for the benefit of creditors, ; or a receiver is appointed by the for Franchisee;

Appears in 2 contracts

Samples: Agreement, Agreement

Insolvency; Assignments. If the Franchisee becomes insolvent or is adjudicated a bankrupt; or any action is taken by the Franchisee, or by others against the Franchisee Franchisee, under any insolvency, bankruptcy bankruptcy, or reorganization act, act (this provision may might not be enforceable under federal bankruptcy law, 11 U.S.C. §§ 101 et seq.), ; or if the Franchisee makes an assignment for the benefit of creditors, ; or a receiver is appointed by the for Franchisee;

Appears in 1 contract

Samples: Franchise Agreement (Quiznos Corp)

Insolvency; Assignments. If the Franchisee becomes insolvent or is adjudicated a bankrupt; or any action is taken by the Franchisee, or by others against the Franchisee under any insolvency, bankruptcy or reorganization act, (this provision may not be enforceable under federal bankruptcy law, 11 U.S.C. §§ SS 101 et seq.), or if the Franchisee makes an assignment for the benefit of creditors, or a receiver is appointed by the Franchisee;

Appears in 1 contract

Samples: Franchise Agreement (Pak Mail Centers of America Inc)

Insolvency; Assignments. If the Franchisee becomes insolvent or is adjudicated a bankrupt; or any action is taken by the Franchisee, or by others against the Franchisee under any insolvency, bankruptcy or reorganization act, (this provision may not be enforceable under federal bankruptcy law, 11 U.S.C. §§ Sections 101 et seqET SEQ.), or if the Franchisee makes an assignment for the benefit of creditors, or a receiver is appointed by the Franchisee;

Appears in 1 contract

Samples: Rocky Mountain Chocolate Factory Inc

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Insolvency; Assignments. If the Franchisee becomes insolvent or is adjudicated a bankrupt; or any action is taken by the Franchisee, or by others against the Franchisee under any insolvency, bankruptcy or reorganization act, (this provision may not be enforceable under federal bankruptcy law, 11 U.S.C. §§ 101 et seq.), or if the Franchisee makes an assignment for the benefit of creditors, or a receiver is appointed by the Franchisee;

Appears in 1 contract

Samples: Franchise Agreement

Insolvency; Assignments. If the Franchisee becomes insolvent or is adjudicated a bankrupt; or any action is taken by the Franchisee, or by others against the Franchisee under any insolvency, bankruptcy or reorganization act, (this provision may not be enforceable under federal bankruptcy law, 11 U.S.C. §§ ss.ss. 101 et seq.), or if xx xf the Franchisee makes an assignment for the benefit of creditors, or a receiver is appointed by the Franchisee;

Appears in 1 contract

Samples: Franchise Agreement (Pak Mail Centers of America Inc)

Insolvency; Assignments. If the Franchisee becomes insolvent or is adjudicated a bankrupt; or any action is taken by the Franchisee, or by others against the Franchisee under any insolvency, bankruptcy or reorganization act, (this provision may not be enforceable under federal bankruptcy law, 11 U.S.C. §§ ss.ss. 101 et seq.), or if the xx xxe Franchisee makes an assignment for the benefit of creditors, or a receiver is appointed by the Franchisee;

Appears in 1 contract

Samples: Franchise Agreement (Pak Mail Centers of America Inc)

Insolvency; Assignments. If the Franchisee becomes insolvent or is ----------------------- adjudicated a bankrupt; or any action is taken by the Franchisee, or by others against the Franchisee under any insolvency, bankruptcy or reorganization act, (this provision may not be enforceable under federal bankruptcy law, 11 U.S.C. §§ 101 et seq.), or if the Franchisee makes an assignment for the benefit of creditors, or a receiver is appointed by the Franchisee;

Appears in 1 contract

Samples: Franchise Agreement (Quiznos Corp)

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