Common use of Termination for an Insolvency Event Clause in Contracts

Termination for an Insolvency Event. Without limiting any other rights or remedies ARENA may have arising out of or in connection with this Agreement, ARENA may, to the extent permitted by law, terminate this Agreement by notice if an Insolvency Event occurs with respect to the Recipient.

Termination for an Insolvency Event. ‌ Without limiting any other rights or remedies ARENA may have arising out of or in connection with this Agreement, ARENA may, to the extent permitted by lawLaw, terminate this Agreement by notice if an Insolvency Event occurs with respect to the Recipient.