Termination by Distributor. Distributor may terminate this Agreement immediately, if: (a) Seller fails to perform or comply with any provision of this Agreement for thirty (30) days after written notice of such failure has been provided by Distributor to Seller; or (b) Any receiver of any property of Seller shall have been appointed; Seller shall have made an assignment for the benefit of creditors; Seller shall have made any assignment or have had an involuntary order made against it under the Bankruptcy Reform Act of 1978, as amended from time to time; Seller shall have become bankrupt or insolvent and distributor shall have made application for relief under the provisions of any statute now or hereafter in force concerning bankrupt or insolvent debtors; or any action whatever, legislative or otherwise, shall have been taken with a view to the winding-up, dissolution or liquidation of Seller.
Appears in 3 contracts
Samples: Distribution and Marketing Agreement (Evergreen Solar Inc), Distribution and Marketing Agreement (Evergreen Solar Inc), Distribution and Marketing Agreement (Evergreen Solar Inc)
