Termination for Bankruptcy/Insolvency. Either Party may terminate this Agreement by written notice to the other Party, effective immediately upon receipt, upon the happening of any of the following events with respect to a Party: 11.4.1. The appointment of a receiver or custodian to take possession of any or all of the assets of the other Party, or should the other Party make an assignment for the benefit of creditors, or should there be an attachment, execution, or other judicial seizure of all or a substantial portion of the other Party’s assets, and such attachment, execution or seizure is not discharged within [****]. 11.4.2. The other Party becomes a debtor, either voluntarily or involuntarily, under Title 11 of the United States Code or any other similar law and, in the case of an involuntary proceeding, such proceeding is not dismissed within [****] of the date of filing. 11.4.3. The liquidation, dissolution or winding up of the other Party whether voluntarily, by operation of law or otherwise.
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Samples: Manufacturing Services Agreement (Lucira Health, Inc.), Manufacturing Services Agreement (Lucira Health, Inc.)
Termination for Bankruptcy/Insolvency. Either Party may terminate this Agreement by written notice to the other Party, effective immediately upon receipt, upon the happening of any of the following events with respect to a Party:
11.4.15.3.1. The appointment of a receiver or custodian to take possession of any or all of the assets of the other Party, or should the other Party make an assignment for the benefit of creditors, or should there be an attachment, execution, or other judicial seizure of all or a substantial portion substantially all of the other Party’s 's assets, and such attachment, execution or seizure is not discharged within [****]30 Business Days.
11.4.25.3.2. The other Party becomes a debtor, either voluntarily or involuntarily, under Title 11 of the United States Code or any other similar law and, in the case of an involuntary proceeding, such proceeding is not dismissed within [****] 30 Business Days of the date of filing.
11.4.35.3.3. The liquidation, dissolution or winding up of the other Party whether voluntarily, by operation of law or otherwise.
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Termination for Bankruptcy/Insolvency. Either Party may terminate this Agreement by written notice to the other Party, effective immediately upon receipt, upon the happening of any of the following events with respect to a Party:
11.4.1. 12.3.1 The appointment of a receiver or custodian to take possession of any or all of the assets of the other Party, or should the other Party make an assignment for the benefit of creditors, or should there be an attachment, execution, or other judicial seizure of all or a substantial portion of the other Party’s assets, and such attachment, execution or seizure is not discharged within [****].sixty (60) days,
11.4.2. 12.3.2 The other Party becomes a debtor, either voluntarily or involuntarily, under Title 11 of the United States Code or any other similar law and, in the case of an involuntary proceeding, such proceeding is not dismissed within [****] sixty (60) days of the date of filing.
11.4.3. 12.3.3 The liquidation, dissolution or winding up of the other Party whether voluntarily, by operation of law or otherwise.
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