Common use of Defined Clause in Contracts

Defined. The failure of a Party to perform any of its obligations in accordance with this Contract, in whole or in part or in a timely or satisfactory manner, shall be a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Contractor, or the appointment of a receiver or similar officer for Contractor or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach.

Appears in 38 contracts

Sources: Price Agreement, Price Agreement, Price Agreement

Defined. The failure of a Party to perform any of its obligations in accordance with this ContractAgreement, in whole or in part or in a timely or satisfactory manner, shall be a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against ContractorLocal Agency, or the appointment of a receiver or similar officer for Contractor Local Agency or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach.

Appears in 35 contracts

Sources: Intergovernmental Agreement, Intergovernmental Agreement, Intergovernmental Agreement

Defined. The failure of a Party to perform any of its obligations in accordance with this Contract, in whole or in part or in a timely or satisfactory manner, shall be a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Contractor, or the appointment of a receiver or similar officer for Contractor or any of its property, which is not vacated or fully stayed within 30 thirty (30) days after the institution of such proceeding, shall also constitute a breach.

Appears in 16 contracts

Sources: Price Agreement, Price Agreement, Price Agreement

Defined. The failure of a Party to perform any of its obligations in accordance with this ContractAgreement, in whole or in part or in a timely or satisfactory manner, shall be a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against ContractorGrantee, or the appointment of a receiver or similar officer for Contractor Grantee or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach.

Appears in 13 contracts

Sources: Grant Agreement, Grant Agreement, Grant Agreement

Defined. The failure of a Party to perform any of its obligations in accordance with this ContractAgreement, in whole or in part or in a timely or satisfactory manner, shall be a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization reorganization, or similar law, by or against ContractorLocal Agency, or the appointment of a receiver or similar officer for Contractor Local Agency or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach.

Appears in 11 contracts

Sources: Intergovernmental Agreement, Intergovernmental Agreement, Intergovernmental Agreement

Defined. The In addition to any breaches specified in other sections of this Contract, the failure of a either Party to perform any of its material obligations in accordance with this Contracthereunder, in whole or in part or in a timely or satisfactory manner, shall be constitutes a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Contractor, or the appointment of a receiver or similar officer for Contractor or any of its property, which is not vacated or fully stayed within 30 20 days after the institution of such proceedingor occurrence thereof, shall also constitute a breach.

Appears in 5 contracts

Sources: Colorado Department of Revenue Contract, Aircraft Purchase Contract, Master Contract

Defined. The In addition to any breaches specified in other sections of this Contract, the failure of a either Party to perform any of its material obligations in accordance with this Contract, hereunder in whole or in part or in a timely or satisfactory manner, shall be constitutes a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Contractor, or the appointment of a receiver or similar officer for Contractor or any of its property, which is not vacated or fully stayed within 30 20 days after the institution of such proceedingor occurrence thereof, shall also constitute a breach.

Appears in 4 contracts

Sources: State Contract, State Contract, State Contract

Defined. The failure of a Party to perform any of its obligations in accordance with this Contract, in whole or in part or in a timely or satisfactory manner, shall be a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Contractor, or the appointment of a receiver or similar officer for Contractor or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach.

Appears in 4 contracts

Sources: Intergovernmental Agreement, Intergovernmental Agreement, Intergovernmental Agreement

Defined. The In addition to any breaches specified in other sections of this Contract, the failure of a either Party to perform any of its material obligations in accordance with this Contract, hereunder in whole or in part or in a timely or satisfactory manner, shall be manner constitutes a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization reorganization, or similar law, by or against Contractor, or the appointment of a receiver or similar officer for Contractor or any of its property, which is not vacated or fully stayed within 30 twenty (20) days after the institution of such proceedingor occurrence thereof, shall also constitute a breach.

Appears in 2 contracts

Sources: Contract, Contract

Defined. The In addition to any breaches specified in other sections of this Contract, the failure of a either Party to perform any of its material obligations in accordance with this Contract, hereunder in whole or in part or in a timely or satisfactory manner, shall be constitutes a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Contractor, or the appointment of a receiver or similar officer for Contractor or any of its property, which is not vacated or fully stayed within 30 twenty (20) days after the institution of such proceedingor occurrence thereof, shall also constitute a breach.

Appears in 1 contract

Sources: Contract

Defined. The In addition to any breaches specified in other sections of this Contract, the failure of a either Party to perform any of its material obligations in accordance with this Contracthereunder, in whole or in part or in a timely or satisfactory manner, shall be constitutes a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against ContractorCOP, or the appointment of a receiver or similar officer for Contractor COP or any of its property, which is not vacated or fully stayed within 30 20 days after the institution of such proceedingor occurrence thereof, shall also constitute a breach.

Appears in 1 contract

Sources: Intergovernmental Agreement

Defined. The failure of a Party to perform any of its obligations in accordance with this Contract, in whole or in part or in a timely or satisfactory mannermanner in accordance with mutually agreed to dates, shall be a breach. The institution of proceedings under any bankruptcy, insolvency, reorganization or similar law, by or against Contractor, or the appointment of a receiver or similar officer for Contractor or any of its property, which is not vacated or fully stayed within 30 days after the institution of such proceeding, shall also constitute a breach.

Appears in 1 contract

Sources: Price Agreement