Termination Due to Bankruptcy. In the event proceedings in bankruptcy are commenced by or against the Contractor, or the Contractor is adjudged bankrupt or a receiver is appointed, the Contractor shall notify the State immediately in writing and State may terminate this Agreement and all further rights and obligations by giving three (3) days’ notice in writing in the manner specified herein.
Appears in 4 contracts
Samples: Standard Agreement, Ssttaatenodf Acarlidfoarngiar, Authority, Purpose And
