Common use of Termination for Bankruptcy Clause in Contracts

Termination for Bankruptcy. Either Party may terminate this Agreement if, at any time, the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of such other Party or of such other Party’s assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed or stayed within [**] after the filing thereof, or if the other Party will propose or be a party to any dissolution or liquidation, or if the other Party shall make an assignment for the benefit of its creditors.

Termination for Bankruptcy. Either Party may terminate this Agreement if, at any time, the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of such other Party or of such other Party’s assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed or stayed within [**] [ ]* after the filing thereof, or if the other Party will propose or be a party to any dissolution or liquidation, or if the other Party shall make an assignment for the benefit of its creditors.

Termination for Bankruptcy. Either Party may terminate this Agreement Agreement, if, at any time, the other Party shall file files in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of such other Party or of such other Party’s its assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be is served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed or stayed within [**] after the filing thereof, or if the other Party will propose proposes or be is a party to any dissolution or liquidation, or if the other Party shall make makes an assignment for the benefit of its creditors.

Termination for Bankruptcy. Either Party may terminate this Agreement if, at any time, the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of such other Party or of such other Party’s assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed or stayed within [***] ([***]) calendar days after the filing thereof, or if the other Party will propose or be a party to any dissolution or liquidation, or if the other Party shall make an assignment for the benefit of its creditors.

Termination for Bankruptcy. Either Party may terminate this Agreement if, at any time, the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of such other Party or of such other Party’s assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed or stayed within [***] after the filing thereof, or if the other Party will propose or be a party to any dissolution or liquidation, or if the other Party shall make an assignment for the benefit of its creditors.

Termination for Bankruptcy. Either Each Party may shall have the right to terminate this Agreement ifin its entirety immediately upon written notice to the other Party, at any time, if the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country state or jurisdictioncountry, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of such other Party or of such other Party’s substantially all of its assets, or if the such other Party proposes a written agreement of composition or extension of substantially all of its debts, or if the such other Party shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed or stayed within [***] after the filing thereof, or if the such other Party will shall propose or be a party to any dissolution or liquidation, or if the other Party shall make an assignment for the benefit of its creditors.if

Termination for Bankruptcy. Either Party may terminate this Agreement Agreement, if, at any time, the other Party shall file files in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of such other Party or of such other Party’s its assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be is served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed or stayed within [**] days after the filing thereof, or if the other Party will propose proposes or be is a party to any dissolution or liquidation, or if the other Party shall make makes an assignment for the benefit of its creditors.

Termination for Bankruptcy. Either A Party may terminate this Agreement if, at any time, the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of such other Party or of such other Party’s assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be served with an involuntary petition against it, filed in any insolvency bankruptcy proceeding, and such petition shall not be dismissed or stayed within [***] after the filing thereof, or if the other Party will propose or be a party to any dissolution or liquidation, or if the other Party shall make an assignment for the benefit of its creditors.

Termination for Bankruptcy. Either Party may terminate this Agreement if, at any time, the other Party shall file in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of such other Party or of such other Party’s assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed or stayed within [***] days after the filing thereof, or if the other Party will propose or be a party to any dissolution or liquidation, or if the other Party shall make an assignment for the benefit of its creditors.

Termination for Bankruptcy. Either Party may terminate this Agreement Agreement, if, at any time, the other Party shall file files in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of such other Party or of such other Party’s its assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be is served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed or stayed within [**] after the filing thereof, or if the other Party will propose proposes or be is a party to any dissolution or liquidation, or if the other Party shall make makes an assignment for the benefit of its creditors.

Termination for Bankruptcy. Either Party may terminate this Agreement ifeffective immediately upon written notice to the other Party, at any time, if the other Party shall file files in any court or agency agency, pursuant to any statute or regulation of any state, country state or jurisdictioncountry, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of such the other Party or of such other Party’s its assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be is served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed or stayed within [***] days after the filing thereof, or if the other Party will propose proposes or be a party to any dissolution or liquidation, or if the other Party shall make makes an assignment for the benefit of its creditors.

Termination for Bankruptcy. Either Party may terminate this Agreement Agreement, if, at any time, the other Party shall file files in any court or agency pursuant to any statute or regulation of any state, country or jurisdiction, a petition in bankruptcy or insolvency or for reorganization or for an arrangement or for the appointment of a receiver or trustee of such other Party or of such other Party’s its assets, or if the other Party proposes a written agreement of composition or extension of its debts, or if the other Party shall be is served with an involuntary petition against it, filed in any insolvency proceeding, and such petition shall not be dismissed or stayed within [**[ * ] days after the filing thereof, or if the other Party will propose proposes or be is a party to any dissolution or liquidation, or if the other Party shall make makes an assignment for the benefit of its creditors.