Common use of Proceedings for Relief of Debtors Clause in Contracts

Proceedings for Relief of Debtors. If a federal or state proceeding for relief of debtors is undertaken by or against Contractor, or if Contractor makes an assignment for the benefit of creditors, then the City may immediately terminate this contract.

Appears in 2 contracts

Samples: Contract Agreement, Contract Agreement

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Proceedings for Relief of Debtors. If a federal or state proceeding for relief of debtors is undertaken by or against ContractorConsultant, or if Contractor Consultant makes an assignment for the benefit of creditors, then the City may immediately terminate this contract.

Appears in 2 contracts

Samples: Independent Contractor Contract, Consultant Contract

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