Common use of Right to Terminate Agreement Clause in Contracts

Right to Terminate Agreement. 20.1 Notwithstanding any other provision of the Agreement, if either Party (1) fails to comply with any of the material terms or conditions of the Agreement; (2) sells or transfers all or substantially all of its assets; (3) enters into any voluntary or involuntary bankruptcy proceeding or receivership; or

Appears in 7 contracts

Samples: Construction Services Agreement, Construction Services Agreement, Construction Services Agreement

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Right to Terminate Agreement. 20.1 Notwithstanding any other provision of the Agreement, if 21.1 If either Party (1the “Breaching Party”) (a) fails to pay any amount when due under the terms of this Agreement or fails to comply with or perform, in any material respect, any of the material other terms or conditions of the this Agreement; (2b) sells or transfers all or substantially all of its assets; (3c) enters into any voluntary or involuntary bankruptcy proceeding or receivership; oror (d) makes a general assignment for the benefit of its creditors, then the other Party (the “Non-

Appears in 1 contract

Samples: Cost Reimbursement Agreement

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Right to Terminate Agreement. 20.1 21.1 Notwithstanding any other provision of the Agreement, if either Party ({1) fails to comply with any of the material terms or conditions of the Agreement; (2) sells or transfers all or substantially all of its assets; (3) enters into any voluntary or involuntary bankruptcy proceeding or receivership; or

Appears in 1 contract

Samples: Engineering, Procurement & Construction Services Agreement

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