Thursday, January 05, 2006 3:37:43 PM
(ii) in the event that (a) either
Party becomes insolvent, enters into receivership, is the subject of a
voluntary or involuntary bankruptcy proceeding, or makes an assignment
for the benefit of creditors; or (b) a substantial part of either Party's
property is or becomes subject to any levy, seizure, assignment or sale
for or by any creditor or governmental agency. Upon termination or
expiration: (i) GNF shall continue to provide Services to Circuit City
Customers who subscribed to the Service(s) prior to termination of this
Agreement; (ii) both Parties shall pay the respective sums due to the
other Party pursuant to this Agreement as part of the final winding up
under the Agreement; and (iii) both Parties shall endeavor to provide
reasonable transition assistance if and when the Agreement is terminated.
Xandit Wisepants
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