Common use of Termination for Contractor Insolvency Clause in Contracts

Termination for Contractor Insolvency. In the event of filing a petition for bankruptcy by or against Contractor, Department shall have the right to terminate the Contract upon the same terms and conditions as termination for default. Additionally, Department may terminate under the same terms and conditions as termination for default in the following circumstances:

Appears in 10 contracts

Samples: Appliance and Office, cor.mt.gov, Terms of Agreement

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Termination for Contractor Insolvency. In the event of filing a petition for bankruptcy by or against Contractor, Department State shall have the right to terminate the Contract upon the same terms and conditions as termination for default. Additionally, Department State may terminate under the same terms and conditions as termination for default in the following circumstances:

Appears in 1 contract

Samples: Quarantine Hold Services Contract

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