Termination of insolvency Sample Clauses

Termination of insolvency. The procuring entity may at the anytime terminate the contract by giving written notice to the contractor if the contractor becomes bankrupt or otherwise insolvent. In this event, termination will be without compensation to the contractor, provided that such termination will not produce or affect any right of action or remedy, which has accrued or will accrue thereafter to the procuring entity.
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Termination of insolvency. The KoTDA may at any time terminate the contract by giving written notice to the contractor if the contractor becomes bankrupt or otherwise insolvent. In this event, termination will be without compensation to the contractor, provided that such termination will not produce or affect any right of action or remedy, which has accrued or will accrue thereafter to the KoTDA.
Termination of insolvency. TFC may at the anytime terminate the contract by giving written notice to the contractor if the contractor becomes bankrupt or otherwise insolvent. In this event, termination will be without compensation to the contractor, provided that such termination will not produce or affect any right of action or remedy, which has accrued or will accrue thereafter to TFC.
Termination of insolvency. The TCG may at any time terminate the contract by giving written notice to the contractor if the contractor becomes bankrupt or otherwise insolvent. In this event, termination will not produce or affect any right of action or remedy, which has accrued or will accrue thereafter to TCG.
Termination of insolvency. This contract shall be subject to annual appropriation by the Xxxxxx County Career Center Board of Education. In the event that the funds necessary for the continuation of this contract are not approved for expenditure in any year, this contract shall terminate on the last day of the fiscal year in which funding was approved, without penalty to the Xxxxxx County Career Center.
Termination of insolvency. NVVN may at any instance terminate the contract/ agreement by giving written notice without compensation to the (name of the DG Set Generating company), if the (name of the DG Set Generating company) becomes bankrupt or otherwise insolvent, provided that such termination will not prejudice or affect any right of action or remedy which has accrued or will accrued thereafter NVVN. In the event of termination on account of solvency, NVVN shall forfeit the performance guarantee of the (name of the DG Set Generating Company) and pass it on to Electricity Department.
Termination of insolvency. TSC may at the anytime terminate the contract by giving written notice to the contractor if the contractor becomes bankrupt or otherwise insolvent. In this event, termination will be without compensation to the contractor, provided that such termination will not produce or affect any right of action or remedy, which has accrued or will accrue thereafter to the procuring entity.
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Termination of insolvency. The KRA may at any time terminate the contract by giving written notice to the contractor if the contractor becomes bankrupt or otherwise insolvent. In this event, termination will not produce or affect any right of action or remedy, which has accrued or will accrue thereafter to KRA.
Termination of insolvency. The contractor may at all time terminate the contract by giving one month written notice to the transporter if the transporter becomes bankrupt or otherwise insolvent. In this event termination will not affect any right of action or remedy which has occurred or will accrue thereafter to the contractor. The contractor may terminate this rental agreement without liability to the transporter by giving notice at any time if: The transporter makes any voluntary arrangement with its creditor’s or being an individual or firm becomes bankrupt or being a contractor becomes subject to an administration order or goes into liquidation otherwise than for the purpose of amalgamation or an approved restructuring or An encumbrance takes possession or a receiver or liquidator is appointed for any of the property or assets of the transporter or\ The transporter ceases or threatens to cease to carryon business or The contractor reasonably apprehends that any of the events mentioned above is about to occur in the relation to the transporter and notifies the contractor accordingly. Any termination of this rental agreement pursuant to this clause shall be without prejudice to any other rights or remedies that a party may be entitled to here in or at law shall not affect any accrued rights of liabilities of either party: the notice period shall be two weeks given in writing Without prejudice to any other remedy if the contractor exercises its right to terminate this agreement in accordance the provisions if clause 22.1 the transporter shall be obliged to repay the contractor forthwith any service fee which has been pre-paid before termination. TERMINATION OF DEFAULT Without prejudice to any other remedy for breach of contract, his rental agreement may be terminated or the with by either party if the other commits any material breach of this rental agreement and which(in case of a breach capable of being remedied) shall not have been remedied within 14 days of a written request to remedy the same. In addition, the contractor may terminate this rental agreement: If the transporter through any of its employees engages in or knowingly fails to take action to prevent the commission of any illegal activity at the loading transport transfer offloading or consumption points of. If the transporter is not able to carry out its obligations and or does not perform its obligation under the rental agreement to the satisfaction of the contractor. In the event the contractor terminates the tran...
Termination of insolvency. 3.11.1 PCK may at the anytime terminate the contract by giving written notice to the contractor if the contractor becomes bankrupt or otherwise insolvent. In this event, termination will be without compensation to the contractor, provided that such termination will not produce or affect any right of action or remedy, which has accrued or will accrue thereafter to the procuring entity.
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