Common use of Termination By Service Company Clause in Contracts

Termination By Service Company. Service Company may terminate this ------------------------------ agreement immediately upon notice to Provider upon the occurrence of any one of the following events: (i) The dissolution of Provider; (ii) Provider admits in writing its inability to pay generally its debts as they become due or makes an assignment for the benefit of creditors; (iii) A receiver, trustee, liquidator, or conservator is appointed for Provider or to take possession of all or substantially all of Provider's property or a petition for insolvency, dissolution, liquidation, or reorganization, or order for relief in which Provider is named as debtor, is filed by, against, or with respect to Provider pursuant to any federal or state statute, regulation, or law for the protection of debtors, and, with respect to any such appointment or filing, Provider fails to secure a stay or discharge thereof within 45 days after such appointment or filing; (iv) Provider fails to pay when due any payment to be made by Provider under this agreement, which failure continues for 10 days after notice is given by Service Company to Provider thereof, provided that such failure is not directly attributable to Service Company's failure to apply available funds in the Provider Account according to (S)4.12(b); or (v) Provider fails to comply with or perform any of its other material duties or obligations under this agreement, which failure continues for 30 days after notice is given by Service Company to Provider thereof, or if because of the nature of such failure it cannot reasonably be corrected within such 30 day period, failure by Provider to commence such correction promptly following its receipt of notice from Service Company and thereafter to expeditiously and continuously prosecute the correction to completion.

Termination By Service Company. Service Company may terminate this ------------------------------ agreement Agreement immediately upon notice to Provider upon the occurrence of any one of the following events: (i) The dissolution of Provider; (ii) Provider admits in writing its inability to pay generally its debts as they become due or makes an assignment for the benefit of creditors; (iii) A receiver, trustee, liquidator, or conservator is appointed for Provider or to take possession of all or substantially all of Provider's ’s property or a petition for insolvency, dissolution, liquidation, or reorganization, or order for relief in which Provider is named as debtor, is filed by, against, or with respect to Provider pursuant to any federal or state statute, regulation, or law for the protection of debtors, and, with respect to any such appointment or filing, Provider fails to secure a stay or discharge thereof within 45 days after such appointment or filing; (iv) Provider fails to pay when due any payment to be made by Provider under this agreementAgreement, which failure continues for 10 days after notice is given by Service Company to Provider thereof, provided that such failure is not directly attributable to Service Company's ’s failure to apply available funds in the Provider Account according to (S)4.12(bSection 4.12(b); or (v) Provider fails to comply with or perform any of its other material duties or obligations under this agreementAgreement, which failure continues for 30 days after notice is given by Service Company to Provider thereof, or if because of the nature of such failure it cannot reasonably be corrected within such 30 day period, failure by Provider to commence such correction promptly following its receipt of notice from Service Company and thereafter to expeditiously and continuously prosecute the correction to completion.

Termination By Service Company. Service Company may terminate this ------------------------------ agreement immediately Agreement upon notice to Provider Provider, specifying as the termination date the date of that notice or any future date selected by Service Company, upon the occurrence of any one of the following events: (i) The dissolution of Provider; (ii) Provider admits in writing its inability to pay generally its debts as they become due or makes an assignment for the benefit of creditors; (iii) A receiver, trustee, liquidator, or conservator is appointed for Provider or to take possession of all or substantially all of Provider's ’s property or a petition for insolvency, dissolution, liquidation, or reorganization, or order for relief in which Provider is named as debtor, is filed by, against, or with respect to Provider pursuant to any federal or state statute, regulation, or law for the protection of debtors, and, with respect to any such appointment or filing, Provider fails to secure a stay or discharge thereof within 45 days after such appointment or filing; (iv) Provider fails to pay when due any payment to be made by Provider under this agreementAgreement, which failure continues for 10 days after notice is given by Service Company to Provider thereof, provided that such failure is not directly attributable to Service Company's ’s failure to apply available funds in the Provider Account according to (S)4.12(bSection 4.12(b); or; (v) Provider fails to comply with or perform any of its other material duties or obligations under this agreementAgreement, which failure continues for 30 days after notice is given by Service Company to Provider thereof, or if because of the nature of such failure it cannot reasonably be corrected within such 30 day period, failure by Provider to commence such correction promptly following its receipt of notice from Service Company and thereafter to expeditiously and continuously prosecute the correction to completion; or (vi) Provider violates any provision of Section 5.7.

Termination By Service Company. Service Company may terminate this ------------------------------ agreement immediately upon notice to Provider upon the occurrence of any one of the following events: (i) The dissolution of Provider; (ii) Provider admits in writing its inability to pay generally its debts as they become due or makes an assignment for the benefit of creditors; (iii) A receiver, trustee, liquidator, or conservator is appointed for Provider or to take possession of all or substantially all of Provider's ’s property or a petition for insolvency, dissolution, liquidation, or reorganization, or order for relief in which Provider is named as debtor, is filed by, against, or with respect to Provider pursuant to any federal or state statute, regulation, or law for the protection of debtors, and, with respect to any such appointment or filing, Provider fails to secure a stay or discharge thereof within 45 days after such appointment or filing; (iv) Provider fails to pay when due any payment to be made by Provider under this agreement, which failure continues for 10 days after notice is given by Service Company to Provider thereof, provided that such failure is not directly attributable to Service Company's ’s failure to apply available funds in the Provider Account according to (S)4.12(b§4.12(b); or (v) Provider fails to comply with or perform any of its other material duties or obligations under this agreement, which failure continues for 30 days after notice is given by Service Company to Provider thereof, or if because of the nature of such failure it cannot reasonably be corrected within such 30 day period, failure by Provider to commence such correction promptly following its receipt of notice from Service Company and thereafter to expeditiously and continuously prosecute the correction to completion.