Common use of Termination for Breach or Bankruptcy Clause in Contracts

Termination for Breach or Bankruptcy. This Agreement may be terminated by either party (the "Affected Party"), in its discretion, at any time after any of the following occurrences with respect to the other party (the "Other Party"):

Appears in 3 contracts

Samples: Affiliation and License Agreement (Playboy Enterprises Inc), Affiliation and License Agreement (Playboy Enterprises Inc), Affiliation and License Agreement (Playboy Enterprises Inc)

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Termination for Breach or Bankruptcy. This Agreement may also be terminated forthwith by either party (the "Affected Party"), in its discretion, at any time after any written notice of the following occurrences with respect termination to the other party (upon the "Other Party"):occurrence of either of the following:

Appears in 3 contracts

Samples: Management Agreement (Altisource Asset Management Corp), Management Agreement (Annuity & Life Re Holdings LTD), Management Agreement (Annuity & Life Re Holdings LTD)

Termination for Breach or Bankruptcy. This Agreement may be terminated by either party (the "Affected Party"), in its discretion, at any time after any of the following occurrences with respect to the other party (the "Other Party"):

Appears in 1 contract

Samples: Affiliation and License Agreement (Playboy Enterprises Inc)

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Termination for Breach or Bankruptcy. This Agreement may be terminated by either (a) Either party (the "Affected “Non-breaching Party")”) may, without prejudice to any other remedies available to it at law or in equity, terminate this Agreement in its discretion, at any time after any of entirety in the following occurrences with respect to event the other party (the "Other “Breaching Party"):”) shall have materially breached or defaulted in the performance of any of its obligations hereunder and such default shall have continued for thirty

Appears in 1 contract

Samples: License Agreement (Zars Inc/Ut)

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