Common use of Bankruptcy Matters Clause in Contracts

Bankruptcy Matters. No party to this Agreement shall take any action to cause the Owner Trust to dissolve in whole or in part or file a voluntary petition or otherwise initiate proceedings to have the Owner Trust adjudicated bankrupt or insolvent, or consent to the institution of bankruptcy or insolvency proceedings against the Owner Trust, or file a petition seeking or consenting to reorganization or relief of the Owner Trust as debtor under any applicable federal or state law relating to bankruptcy, insolvency or other relief for debtors with respect to the Owner Trust; or seek or consent to the appointment of any trustee, receiver, conservator, assignee, sequestrator, custodian, liquidator (or other similar official) of the Owner Trust or of all or any substantial part of the properties and assets of the Owner Trust, or cause the Owner Trust to make any general assignment for the benefit of creditors of the Owner Trust or take any action in furtherance of any of the above actions.

Bankruptcy Matters. No party to this Agreement shall take any action to cause the Owner Trust to dissolve in whole or in part or file a voluntary petition or otherwise initiate proceedings to have the Owner Trust adjudicated bankrupt or insolvent, or consent to the institution of bankruptcy or insolvency proceedings against the Owner Trust, or file a petition seeking or consenting to reorganization or relief of the Owner Trust as debtor under any applicable federal or state law relating to bankruptcy, insolvency or other relief for debtors with respect to the Owner Trust; or seek or consent to the appointment of any trustee, receiver, conservator, assignee, sequestrator, custodian, liquidator (or other similar official) of the Owner Trust or of all or any substantial part of the properties and assets of the Owner Trust, or cause the Owner Trust to make any general assignment for the benefit of creditors of the Owner Trust or take any action in furtherance of any of the above actions.

Bankruptcy Matters. No party to this Agreement shall take any action to cause the Owner Trust to dissolve in whole or in part or file a voluntary petition or otherwise initiate proceedings to have the Owner Trust adjudicated bankrupt or insolvent, or consent to the institution of bankruptcy or insolvency proceedings against the Owner Trust, or file a petition seeking or consenting to reorganization or relief of the Owner Trust as debtor under any applicable federal or state law relating to bankruptcy, insolvency insolvency, or other relief for debtors with respect to the Owner Trust; or seek or consent to the appointment of any trustee, receiver, conservator, assignee, sequestrator, custodian, liquidator (or other similar official) of the Owner Trust or of all or any substantial part of the properties and assets of the Owner Trust, or cause the Owner Trust to make any general assignment for the benefit of creditors of the Owner Trust Trust, or take any action in furtherance of any of the above actions.