Common use of No Bankruptcy Petition Against the Company Clause in Contracts

No Bankruptcy Petition Against the Company. Each of the ------------------------------------------ Transferor, the Collection Agent and CompuCom hereby covenants and agrees that, prior to the date which is one year and one day after the payment in full of all outstanding Commercial Paper or other indebtedness of the Company, it will not institute against, or join any other Person in instituting against, the Company 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.

Appears in 2 contracts

Samples: Transfer and Administration Agreement (Compucom Systems Inc), Transfer and Administration Agreement (Safeguard Scientifics Inc Et Al)

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No Bankruptcy Petition Against the Company. Each of the ------------------------------------------ Transferor, Transferor and the Collection Agent and CompuCom hereby covenants and agrees that, prior to the date which is one year and one day after the payment in full of all outstanding Commercial Paper or other indebtedness of the Company, it will not institute against, or join any other Person in instituting against, the Company 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.

Appears in 2 contracts

Samples: Transfer and Administration Agreement (Lci International Inc /Va/), Transfer and Administration Agreement Transfer and Administration Agreement (Metris Companies Inc)

No Bankruptcy Petition Against the Company. Each of the ------------------------------------------ Transferor, the Collection Agent and CompuCom the Seller hereby covenants and agrees that, prior to the date which is one year and one day after the payment in full of all outstanding Commercial Paper or other indebtedness of the Company, it will not institute against, or join any other Person in instituting against, the Company any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state State of the United States.

Appears in 1 contract

Samples: Transfer and Administration Agreement (Shaw Industries Inc)

No Bankruptcy Petition Against the Company. Each of the ------------------------------------------ Transferor, the Collection Agent Servicer and CompuCom the Parent hereby covenants and agrees that, prior to the date which is one year and one day after the payment in full of all outstanding Commercial Paper or other indebtedness of the Company, it will not institute against, or join any other Person in instituting against, the Company 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.

Appears in 1 contract

Samples: Transfer and Administration Agreement (Unova Inc)

No Bankruptcy Petition Against the Company. Each of the ------------------------------------------ Transferor, the Collection Agent The Transferor and CompuCom Tech Data each hereby covenants covenant and agrees agree that, prior to the date which is one year and one day after the payment in full of all outstanding Commercial Paper or other indebtedness of the Company, it will not institute against, or join any other Person in instituting against, the Company 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.

Appears in 1 contract

Samples: Transfer and Administration Agreement (Tech Data Corp)

No Bankruptcy Petition Against the Company. Each of the ------------------------------------------ Transferor, the Seller and the Collection Agent and CompuCom hereby covenants and agrees that, prior to the date which is one year and one day after the payment in full of all outstanding Commercial Paper or other indebtedness of the Company, it will not institute against, or join any other Person in instituting against, the Company any bankruptcybankrupt cy, reorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Appears in 1 contract

Samples: Transfer and Administration Agreement (Imc Global Inc)

No Bankruptcy Petition Against the Company. Each of the ------------------------------------------ Transferor, Transferor and the Collection Agent and CompuCom Servicer hereby covenants and agrees that, prior to the date which is one year and one day after the payment in full of all outstanding Commercial Paper or other indebtedness of the Company, it will not institute against, or join any other Person in instituting against, the Company 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.. Section 6.10

Appears in 1 contract

Samples: Transfer and Administration Agreement (Nordstrom Inc)

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No Bankruptcy Petition Against the Company. Each of the ------------------------------------------ Transferor, Transferor and the Collection Agent and CompuCom Master Servicer hereby covenants and agrees that, prior to the date which is one year and one day after the payment in full of all outstanding Commercial Paper or other indebtedness of the Company, it will not institute against, or join any other Person in instituting against, the Company 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.

Appears in 1 contract

Samples: Transfer and Administration Agreement (K2 Inc)

No Bankruptcy Petition Against the Company. Each of the ------------------------------------------ Transferor, the Collection Agent and CompuCom The Transferor hereby covenants and agrees that, prior to the date which is one year and one day after the payment in full of all outstanding Commercial Paper or other indebtedness of the Company, it will not institute against, or join any other Person in instituting against, the Company 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.

Appears in 1 contract

Samples: Transfer and Administration Agreement (Imc Global Inc)

No Bankruptcy Petition Against the Company. Each of the ------------------------------------------ Transferor, the Collection Agent Transferor and CompuCom each Designated Seller hereby covenants and agrees that, prior to the date which is one year and one day after the payment in full of all outstanding Commercial Paper or other indebtedness indebt- edness of the Company, it will not institute against, or join any other Person in instituting against, the Company any bankruptcy, reorganizationreorganiza- tion, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Appears in 1 contract

Samples: Transfer and Administration Agreement (Proffitts Inc)

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