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English to German translations [PRO] Law/Patents - Law: Contract(s) / Franchise-Vertrag | | English term or phrase: default and termination | 21 **Default** and Termination
Franchisee shall be deemed to be in **default** under this Agreement, and all rights granted herein shall automatically terminate without notice to Franchisee, upon the occurrence of any of the following events:
(i) If Franchisee shall become insolvent or makes a general assignment for the benefit of creditors;
(ii) If a petition in bankruptcy is filed or a case in bankruptcy is commenced by Franchisee, or against Franchisee and is not opposed by Franchisee;
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| | | Verzug und Vertragsbeendigung | Explanation: "to be in default" in Verzug sein
um hier das "deemed to be" auszudrücken, könntest du sagen: Der Franchisenehmer kommt in Verzug ... |
| Selected response from: lisa23 Germany Local time: 06:33
| Grading comment Danke Lisa. Vermutung bestätigt. 4 KudoZ points were awarded for this answer |
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| Discussion entries: 0 |
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1 hr confidence:   Verzug und Vertragsbeendigung
Explanation: "to be in default" in Verzug sein
um hier das "deemed to be" auszudrücken, könntest du sagen: Der Franchisenehmer kommt in Verzug ...
| lisa23 Germany Local time: 06:33 Specializes in field Native speaker of: German PRO pts in category: 88
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| | Grading comment | Danke Lisa. Vermutung bestätigt. |
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