Common use of Your Insolvency or Liquidation Clause in Contracts

Your Insolvency or Liquidation. If You become insolvent or are placed in liquidation, receivership, administration or bankruptcy or enter into a voluntary arrangement or deed of arrangement or if any application is made to the Court or meeting convened for any these purposes We have the right to cease to provide the Services under this Agreement for Legal Expenses despite any previous consent We may have granted.

Your Insolvency or Liquidation. If You become insolvent or are placed in liquidation, receivership, administration or bankruptcy or enter into a voluntary arrangement or deed of arrangement or if any application is made to the Court or meeting convened for any these purposes We have the right to cease to provide the Services under this Agreement Policy for Legal Expenses despite any previous consent We Underwriters may have granted.