Common use of Termination Upon Bankruptcy Clause in Contracts

Termination Upon Bankruptcy. This Contract may be terminated in whole or in part by the MDFA upon written notice to the Contractor, if the Contractor should become the subject of bankruptcy or receivership proceedings, whether voluntary or involuntary, or upon the execution by Contractor of an assignment for the benefit of its creditors. In the event of such termination, Contractor shall be entitled to recover just and equitable compensation for satisfactory work performed under this Contract, but in no case shall said compensation exceed the total Contract price.

Termination Upon Bankruptcy. This Contract contract may be terminated in whole or in part by the MDFA MDOC upon written notice to the Contractor, if the Contractor should become the subject of bankruptcy or receivership proceedings, whether voluntary or involuntary, or upon the execution by Contractor of an assignment for the benefit of its creditors. In the event of such termination, Contractor shall be entitled to recover just and equitable compensation for satisfactory work performed under this Contractcontract, but in no case shall said compensation exceed the total Contract price.

Termination Upon Bankruptcy. This Contract contract may be terminated in whole or in part by the MDFA MDCPS upon written notice to the Contractor, if the Contractor should become the subject of bankruptcy or receivership proceedings, whether voluntary or involuntary, or upon the execution by Contractor of an assignment for the benefit of its creditors. In the event of such termination, Contractor shall be entitled to recover just and equitable compensation for satisfactory work performed under this Contractcontract, but in no case shall said compensation exceed the total Contract contract price.

Termination Upon Bankruptcy. This Contract may be be. terminated in whole or in part by the MDFA upon written notice to the ContractorContractor and a copy to OSA, if the Contractor should become the subject of bankruptcy or receivership proceedings, whether voluntary or involuntary, or upon the execution by Contractor of an assignment for the benefit of its creditors. In the event of such termination, Contractor shall be entitled to recover just and equitable compensation for satisfactory work performed under this Contract, but in no case shall said compensation exceed the total Contract pricepnce.

Termination Upon Bankruptcy. This Contract contract may be terminated in whole or in part by the MDFA upon written notice to the Contractor, if the Contractor should become the subject of bankruptcy or receivership proceedings, whether voluntary or involuntary, or upon the execution by Contractor of an assignment for the benefit of its creditors. In the event of such termination, Contractor shall be entitled to recover just and equitable compensation for satisfactory work performed under this Contractcontract, but in no case shall said compensation exceed the total Contract contract price.

Termination Upon Bankruptcy. This Contract contract may be terminated in whole or in part by the MDFA MDCPS upon written notice to the Independent Contractor, if the Independent Contractor should become the subject of bankruptcy or receivership proceedings, whether voluntary or involuntary, or upon the execution by Independent Contractor of an assignment for the benefit of its creditors. In the event of such termination, Independent Contractor shall be entitled to recover just and equitable compensation for satisfactory work performed under this Contractcontract, but in no case shall said compensation exceed the total Contract contract price.

Termination Upon Bankruptcy. This Contract contract may be terminated in whole or in part by the MDFA MDHS upon written notice to the Contractor, if the Contractor should become the subject of bankruptcy or receivership proceedings, whether voluntary or involuntary, or upon the execution by the Contractor of an assignment for the benefit of its creditors. In the event of such termination, the Contractor shall be entitled to recover just and equitable compensation for satisfactory work performed under this Contractcontract, but in no case shall said compensation exceed the total Contract contract price.

Termination Upon Bankruptcy. This Contract contract may be terminated in whole or in part by the MDFA MDHS upon written notice to the Contractor, if the Contractor should become the subject of bankruptcy or receivership proceedings, whether voluntary or involuntary, or upon the execution by Contractor of an assignment for the benefit of its creditors. In the event of such termination, Contractor shall be entitled to recover just and equitable compensation for satisfactory work performed under this Contractcontract, but in no case shall said compensation exceed the total Contract contract price.

Termination Upon Bankruptcy. This Contract contract may be terminated in whole or in part by the MDFA MDOC upon written notice to the Contractor, if the Contractor should become the subject of bankruptcy or receivership proceedings, whether voluntary or involuntary, or upon the execution by Contractor of an assignment for the benefit of its creditors. In the event of such termination, Contractor shall be entitled to recover just and equitable compensation for satisfactory work performed under this Contractcontract, but in no case shall said compensation exceed the total Contract contract price.