Common use of Termination for BIT Bankruptcy Clause in Contracts

Termination for BIT Bankruptcy. This Agreement and the license granted hereunder shall automatically terminate, without further action of any kind by Baxter, upon the bankruptcy, insolvency, assignment for the benefit of creditors or other act of insolvency by, of or against BIT.

Termination for BIT Bankruptcy. This Agreement and the license granted hereunder shall automatically terminate, without further action of any kind by BaxterXxxxxx GmbH, upon the bankruptcy, insolvency, assignment for the benefit of creditors or other act of insolvency by, of or against BIT.

Termination for BIT Bankruptcy. This Agreement and the license granted hereunder shall automatically terminate, without further action of any kind by Baxter, upon the bankruptcy, insolvency, assignment for the benefit of creditors or other act of insolvency by, of or against BITBit.