No Bankruptcy Petition Against the Borrower Sample Clauses

No Bankruptcy Petition Against the Borrower. Each of the parties hereto (other than the Deal Agent) hereby agrees that it will not institute against, or join any other Person in instituting against the Borrower any Insolvency Proceeding so long as there shall not have elapsed one year and one day since the Collection Date.
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No Bankruptcy Petition Against the Borrower. The Lender (in its capacity as Lender, but in no other capacity), by its acceptance of this Note, hereby covenants and agrees that, prior to the date which is one year and one day after the payment in full of the Transferor Amount and all Invested Amounts of all Series issued pursuant to the Pooling and Servicing Agreement, it will not institute against or join any other Person in instituting against the Borrower any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.
No Bankruptcy Petition Against the Borrower. The Lender (in its capacity as Lender, but in no other capacity), by its acceptance of this Note, hereby covenants and agrees that, prior to the Maturity Date, it will not institute against or join any other Person in instituting against the Borrower any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.
No Bankruptcy Petition Against the Borrower. (a) Each of the parties hereto hereby agrees that it will not institute against, or join any other Person in instituting against any CP Conduit any Insolvency Proceeding so long as any commercial paper issued by such CP Conduit shall be outstanding and there shall not have elapsed one year and one day since the last day on which any such commercial paper shall have been outstanding. (b) Each of the parties hereto (other than the Deal Agent) hereby agrees that it will not institute against, or join any other Person in instituting against the Borrower any Insolvency Proceeding so long as there shall not have elapsed one year and one day since the Collection Date.
No Bankruptcy Petition Against the Borrower. The Agent, the Guarantor and the Lender agree that, prior to the date that is one year and one day after the payment in full of all amounts payable with respect to the Loan, it shall not institute against the Borrower, or join any other Person in instituting against the Borrower, any Insolvency Proceedings or other Proceedings under the laws of the United States or any State of the United States. This Section 12.18 shall survive the termination of this Loan Agreement.
No Bankruptcy Petition Against the Borrower. The parties hereto agree that until one year and one day after the Collection Date, they shall not: (i) institute the filing of a bankruptcy petition against the Borrower based upon any claim in its favor arising hereunder or under the Transaction Documents; (ii) file a petition or consent to a petition seeking relief on behalf of the Borrower under the Bankruptcy Law; or (iii) consent to the appointment of a receiver, liquidator, assignee, trustee, sequestrator (or similar official) of the Borrower or any portion of the property of the Borrower. The parties hereto agree that all obligations of the Borrower are non-recourse to the Borrower except as specifically set forth in the Transaction Documents.
No Bankruptcy Petition Against the Borrower. Liability of the Borrower (a) Each of the Agent and the Lenders hereby covenants and agrees that, prior to the date which is one year and one day after the payment in full of all Loans and other amounts payable hereunder and all Pari Passu Indebtedness, it will not institute against, or join with or assist any other Person in instituting against, the Borrower, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other proceedings under any applicable insolvency laws. This Clause 20 shall survive the termination of this Agreement. (b) Notwithstanding any other provision hereof or of any other Finance Documents, the sole remedy of the Agent, any Lender or any other Person against the Borrower in respect of any obligation, covenant, representation, warranty or agreement of the Borrower under or related to this Agreement or any other Finance Document shall be against the assets of the Borrower. Neither the Agent, nor any Lender nor any other Person shall have any claim against the Borrower to the extent that such assets are insufficient to meet such obligations, covenant, representation, warranty or agreement (the difference being referred to herein as a "shortfall") and all claims in respect of the shortfall shall be extinguished; provided, however, that the provisions of this Clause 20 apply solely to the obligations of the Borrower and shall not extinguish such shortfall or otherwise restrict such Person's rights or remedies against the Parent.
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No Bankruptcy Petition Against the Borrower. Liability of the Borrower 58 Section 11.18. Multiple Originals 59
No Bankruptcy Petition Against the Borrower. Liability of the Borrower 70 8.17 Conversion of Approved Currencies into Dollars 70 8.18 U.S.A. Patriot Act 70 SCHEDULES: 1.1 Commitments

Related to No Bankruptcy Petition Against the Borrower

  • No Debt Against the State This Contract will not be construed as creating any debt by or on behalf of the State of Texas.

  • No Petition The Indenture Trustee, by entering into this Indenture, and each Noteholder, by accepting a Note, hereby covenant and agree that they will not at any time institute against the Depositor or the Issuing Entity, or join in any institution against the Depositor or the Issuing Entity of, any involuntary bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations relating to the Notes, this Indenture or any of the Basic Documents.

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