Common use of Insolvency of Customer Clause in Contracts

Insolvency of Customer. A material breach of these terms and conditions is deemed to occur if Customer becomes bankrupt or insolvent within the meaning of the Corporations Xxx 0000 (Cth), or enters any form or administration or receivership.

Insolvency of Customer. A material breach of these terms and conditions is deemed to occur if Customer becomes bankrupt or insolvent within the meaning of the Corporations Commerce Xxx 0000 (Cth)0000, or enters any form or administration or receivership.

Insolvency of Customer. A material breach of these terms and conditions is deemed to occur if Customer becomes bankrupt or insolvent within the meaning of the Corporations Xxx 0000 (CthAct 2001(Cth), or enters any form or administration or receivership.

Insolvency of Customer. A material breach of these terms and conditions this Agreement is deemed to occur if Customer becomes bankrupt or insolvent within the meaning of the Corporations Xxx 0000 (CthAct 2001(Cth), or enters any form or administration or receivership.