Common use of Termination for Insolvency Event Clause in Contracts

Termination for Insolvency Event. Either Party may terminate this Agreement upon written notice to the other Party if the other Party suffers an Insolvency Event.

Appears in 5 contracts

Samples: Option for a License Agreement, Option for a License Agreement (Macrogenics Inc), Option for a License Agreement (Macrogenics Inc)

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Termination for Insolvency Event. Either In the event one Party may (“Insolvency Party”) incurs an Insolvency Event, the other Party (“Non-Insolvency Party”) shall have the right to terminate this Agreement in its entirety effective immediately upon written notice to the other Insolvency Party if the other Party suffers an Insolvency Eventof such termination.

Appears in 4 contracts

Samples: License Agreement, License Agreement, License Agreement (Global Blood Therapeutics, Inc.)

Termination for Insolvency Event. Either Party may terminate this Agreement in its entirety or with respect to a Program effective upon written notice to the other Party if the other Party suffers an Insolvency Event.

Appears in 3 contracts

Samples: License and Option Agreement (Celldex Therapeutics, Inc.), License and Option Agreement (Kolltan Pharmaceuticals Inc), License and Option Agreement (Kolltan Pharmaceuticals Inc)

Termination for Insolvency Event. Either Party may terminate this Agreement upon written notice to the other Party if the other Party suffers an Insolvency EventEvent occurs in relation to such other Party.

Appears in 2 contracts

Samples: Master Revenue Sharing Agreement (Jbi, Inc.), Master Revenue Sharing Agreement (Jbi, Inc.)

Termination for Insolvency Event. Either Party may terminate this Agreement in its entirety upon written notice to the other Party if the other Party suffers an Insolvency Event.

Appears in 2 contracts

Samples: License Agreement (Macrogenics Inc), License Agreement (Macrogenics Inc)

Termination for Insolvency Event. Either Party may may, by giving notice to the other Party, terminate this Agreement upon written notice to the occurrence of an Insolvency Event affecting the other Party if the other Party suffers an Insolvency EventParty.

Appears in 2 contracts

Samples: Master Services Agreement (Dana Corp), Master Services Agreement (Dana Corp)

Termination for Insolvency Event. Either If an Insolvency Event occurs in relation to a Party, the other Party may by notice in writing terminate this Agreement upon written notice to the other Party if the other Party suffers an Insolvency Eventimmediately.

Appears in 1 contract

Samples: License Agreement (Nuvilex, Inc.)

Termination for Insolvency Event. Either Subject to applicable Law, either Party may terminate this Agreement upon written may, by giving notice to the other Party if Party, terminate this Agreement and all Service Agreements upon the occurrence of an Insolvency Event in respect of the other Party suffers an Insolvency EventParty.

Appears in 1 contract

Samples: Master Outsourcing Services Agreement (PeopleSupport, Inc.)

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Termination for Insolvency Event. Either A Party may shall have the right to terminate this Agreement upon written notice to the other Party Party, if the such other Party suffers incurs an Insolvency Event.

Appears in 1 contract

Samples: Collaboration and License Agreement (Raptor Pharmaceuticals Corp.)

Termination for Insolvency Event. Either Party may terminate this Agreement immediately upon written notice to the other Party if the other Party suffers becomes subject to an Insolvency Event.

Appears in 1 contract

Samples: Development and License Agreement (Endocyte Inc)

Termination for Insolvency Event. Either Party party may terminate this Agreement upon written immediately by giving notice in writing to the other Party party if an Insolvency Event occurs in respect of the other Party suffers an Insolvency Eventparty.

Appears in 1 contract

Samples: Software Funding Agreement

Termination for Insolvency Event. Either Party may terminate this Agreement upon immediately, by written notice to the other Party if Party, terminate the other Party suffers Contract in the event that an Insolvency EventEvent occurs with respect to such other Party.

Appears in 1 contract

Samples: Supply Contract (American Superconductor Corp /De/)

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