Common use of Termination for Bankruptcy Clause in Contracts

Termination for Bankruptcy. If either Party makes a general assignment for the benefit of creditors, appoints or suffers appointment of a receiver or trustee over all or substantially all of its property, files a petition under any bankruptcy or insolvency act or has any such petition filed against it which is not dismissed, discharged, bonded or stayed within [***] after the filing thereof, the other Party may terminate this License Agreement in its entirety, effective immediately upon written notice to such Party. In connection therewith, the provisions of Section 6.1.6 shall apply.

Termination for Bankruptcy. If either Party makes a general assignment for the benefit of creditors, appoints or suffers appointment of a receiver or trustee over all or substantially all of its property, files a petition under any bankruptcy or insolvency act or has any such petition filed against it which is not dismissed, discharged, bonded or stayed within [***] after the filing thereof, the other Party may terminate this License Jounce Lead Co-Co Agreement in its entirety, entirety effective immediately upon written notice to such Party. In connection therewith, the provisions of Section 6.1.6 6.1.5 shall apply.

Termination for Bankruptcy. If either Party makes a general assignment for the benefit of creditors, appoints or suffers appointment of a receiver or trustee over all or substantially all of its property, files a petition under any bankruptcy or insolvency act or has any such petition filed against it which is not dismissed, discharged, bonded or stayed within [***] after the filing thereof, the other Party may terminate this PD-1 License Agreement in its entirety, entirety effective immediately upon written notice to such Party. In connection therewith, the provisions of Section 6.1.6 4.1.5 shall apply.

Termination for Bankruptcy. If either Party makes a general assignment for the benefit of creditors, appoints or suffers appointment of a receiver or trustee over all or substantially all of its property, files a petition under any bankruptcy or insolvency act or has any such petition filed against it which is not dismissed, discharged, bonded or stayed within [***] after the filing thereof, the other Party may terminate this License Celgene Lead Co-Co Agreement in its entirety, entirety effective immediately upon written notice to such Party. In connection therewith, the provisions of Section 6.1.6 6.1.5 shall apply.

Termination for Bankruptcy. If either Party makes a general assignment for the benefit of creditors, appoints or suffers appointment of a receiver or trustee over all or substantially all of its property, files a petition under any bankruptcy or insolvency act or has any such petition filed against it which is not dismissed, discharged, bonded or stayed within [...***...] after the filing thereof, the other Party may terminate this License Agreement in its entirety, effective immediately upon written notice to such Party. In , provided that, in connection therewith, the provisions of Section 6.1.6 shall 7.6 will apply.

Termination for Bankruptcy. If either Party makes a general assignment for the benefit of creditors, appoints or suffers appointment of a receiver or trustee over all or substantially all of its property, files a petition under any bankruptcy or insolvency act or has any such petition filed against it which is not dismissed, discharged, bonded or stayed within [***] ninety (90) days after the filing thereof, the other Party may terminate this License Co-Co Agreement in its entirety, entirety effective immediately upon written notice to such Party. In connection therewith, the provisions of Section 6.1.6 7.1.6 shall apply.

Termination for Bankruptcy. If either Party makes a general assignment for the benefit of creditors, appoints or suffers appointment of a receiver or trustee over all or substantially all of its property, files a petition under any bankruptcy or insolvency act or has any such petition filed against it which is not dismissed, discharged, bonded or stayed within [***] days after the filing thereof, the other Party may terminate this License Agreement in its entirety, entirety effective immediately upon written notice to such Party. In ; provided that, in connection therewith, the provisions of Section 6.1.6 6.5 shall apply.

Termination for Bankruptcy. If either Party makes a general assignment for the benefit of creditors, appoints or suffers appointment of a receiver or trustee over all or substantially all of its property, files a petition under any bankruptcy or insolvency act or has any such petition filed against it which is not dismissed, discharged, bonded or stayed within [***] ninety (90) days after the filing thereof, the other Party may terminate this License [***]SM Agreement in its entirety, entirety effective immediately upon written notice to such Party. In connection therewith, the provisions of Section 6.1.6 7.1.6 shall apply.

Termination for Bankruptcy. If either Party makes a general assignment for the benefit of creditors, appoints or suffers appointment of a receiver or trustee over all or substantially all of its property, files a petition under any bankruptcy or insolvency act or has any such petition filed against it which is not dismissed, discharged, bonded or stayed within [***] after the filing thereofthereof (each, a “Bankruptcy Event”), the other Party may terminate this License Agreement in its entirety, entirety effective immediately upon written notice to such Party. In ; provided, that in connection therewith, the provisions of Section 6.1.6 shall 7.5 will apply.

Termination for Bankruptcy. If either Party makes a general assignment for the benefit of creditors, appoints or suffers appointment of a receiver or trustee over all or substantially all of its property, files a petition under any bankruptcy or insolvency act or has any such petition filed against it which is not dismissed, discharged, bonded or stayed within [***] after the filing thereof, the other Party may terminate this License Agreement in its entirety, entirety effective immediately upon written notice to such Party. In connection therewith, the provisions of Section 6.1.6 6.1.4 shall apply.

Termination for Bankruptcy. If either Party makes a general assignment for the benefit of creditors, appoints or suffers appointment of a receiver or trustee over all or substantially all of its property, files a petition under any bankruptcy or insolvency act or has any such petition filed against it which is not dismissed, discharged, bonded or stayed within [***] sixty (60) Business Days after the filing thereof, the other Party may terminate this License Agreement in its entirety, entirety effective immediately upon written notice to such Party. In connection therewith, the provisions of Section 6.1.6 6.1.4 shall apply.

Termination for Bankruptcy. If either Party makes a general assignment for the benefit of creditors, appoints or suffers appointment of a receiver or trustee over all or substantially all of its property, files a petition under any bankruptcy or insolvency act or has any such petition filed against it which is not dismissed, discharged, bonded or stayed within [***] ninety (90) days after the filing thereof, the other Party may terminate this License Juno Lead Co-Co Agreement in its entirety, effective immediately upon written notice to such Party. In connection therewith, the provisions of Section 6.1.6 shall apply.

Termination for Bankruptcy. If either Party makes a general assignment for the benefit of creditors, appoints or suffers appointment of a receiver or trustee over all or substantially all of its property, files a petition under any bankruptcy or insolvency act or has any such petition filed against it which is not dismissed, discharged, bonded or stayed within [***] after the filing thereof, the other Party may terminate this License Agreement in its entirety, entirety effective immediately upon written notice to such Party. In ; provided that, in connection therewith, the provisions of Section 6.1.6 shall 12.5 will apply.

Termination for Bankruptcy. If either Party makes a general assignment for the benefit of creditors, appoints or suffers appointment of a receiver or trustee over all or substantially all of its property, files a petition under any bankruptcy or insolvency act or has any such petition filed against it which is not dismissed, discharged, bonded or stayed within [***] ninety (90) days after the filing thereof, the other Party may terminate this License Celgene Lead Co-Co Agreement in its entirety, effective immediately upon written notice to such Party. In connection therewith, the provisions of Section 6.1.6 shall apply.

Termination for Bankruptcy. If either Party makes a general assignment for the benefit of creditors, appoints or suffers appointment of a receiver or trustee over all or substantially all of its property, files a petition under any bankruptcy or insolvency act or has any such petition filed against it which is not dismissed, discharged, bonded or stayed within [***] days after the filing thereof, the other Party may terminate this License Agreement in its entirety, entirety effective immediately upon written notice to such Party. In , provided that, in connection therewith, the provisions of Section 6.1.6 6.5 shall apply.