Termination by the Client. The Client may terminate this Agreement at any time by notice to the Company, if: a) the Commencement Date does not occur within ninety (90) days after the completion of Implementation Services; b) the Company materially breaches this Agreement and does not cure such breach within thirty (30) days after its receipt of notice thereof; c) the Company (i) goes into liquidation, (ii) becomes bankrupt, (iii) has a receiver appointed over its assets, (iv) is unable to pay its debts as they fall due, (v) commences negotiations with its creditors with a view toward adjustments or rescheduling of its indebtedness or (vi) makes a general assignment of its assets for the benefit of its creditors; d) the Company takes any corporate action or legal proceedings are instituted for the winding-up or dissolution of the Company; e) the Client terminates, closes or dissolves, or the management of the Client is transferred to an unaffiliated manager, provided that in any such case the Client shall use its reasonable best efforts to provide the Company with as much prior notice as is possible under the circumstances; or f) a Change in Control occurs.
Appears in 12 contracts
Samples: Services Agreement, Services Agreement, Services Agreement (Futures Strategic Trust)
