According to the construction contract, the only obligation for the contractor is to pay CDs and nothing else, so the late contractor also takes the invoice if the modification license is terminated? Either party may terminate the agreement without notice and without liability if the other party: (a) submits an application for insolvency; (b) has filed an application for involuntary bankruptcy against it that has not been rejected within thirty (thirty) days; (c) accept the appointment of a receiver, depositary, agent or liquidator; or (d) dissolve, liquidate or pre-exploit a general assignment for the benefit of creditors. . . .

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