Common use of Termination on insolvency of either Party Clause in Contracts

Termination on insolvency of either Party. This Agreement shall terminate automatically if either party becomes insolvent or undergoes any formal insolvency process or compounds with his/its creditors.

Appears in 2 contracts

Samples: Agency Listing Agreement, Agency Listing Agreement

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Termination on insolvency of either Party. This Agreement shall terminate automatically if either party Party becomes insolvent or undergoes any formal insolvency process or compounds with his/its her creditors.

Appears in 2 contracts

Samples: Nya Brokerage Agreement, Brokerage Agreement

Termination on insolvency of either Party. 11.1 This Agreement shall terminate automatically if either party becomes insolvent or undergoes any formal insolvency process or compounds with his/its creditors.

Appears in 1 contract

Samples: Standard Agreement

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Termination on insolvency of either Party. 13.1 This Agreement shall terminate automatically if either party Party becomes insolvent or undergoes any formal insolvency process or compounds with his/its her creditors.

Appears in 1 contract

Samples: everythingcanalboats.com

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