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

No Bankruptcy Petition Against the Company. Each of the Debtor, the Seller, UAC and the Collection Agent 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 (or, if the Net Investment (or any portion thereof) has been assigned to a Conduit Assignee, one year and one day after the payment in full of all Commercial Paper issued by such Conduit Assignee), it will not institute against, or join any other Person in instituting against, the Company or any Conduit Assignee, 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 Company. Each of the DebtorIssuer, the SellerAmeriCredit, UAC AWC and the Collection Agent 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 (or, if the Net Investment (or any portion thereof) has been assigned to a Conduit Assignee, one year and one day after the payment in full of all Commercial Paper issued by such Conduit Assignee), it will shall not institute against, or join any other Person in instituting against, the Company or any Conduit Assignee, Assignee 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 Company. Each of the Debtor, the Seller, UAC UAC, the Insurer and the Collection Agent hereby covenants cove nants 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 (or, if the Net Investment (or any portion thereof) has been assigned to a Conduit Assignee, one year and one day after the payment in full of all Commercial Paper issued by such Conduit Assignee), it will not institute against, or join any other Person in instituting against, the Company or any Conduit Assignee, any bankruptcy, reorganization, arrangementarrange ment, 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 Company. Each of the Debtor, UAC, the Seller, UAC Insurer and the Collection Agent 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 (or, if the Net Investment (or any portion thereof) has been assigned to a Conduit Assignee, one year and one day after the payment in full of all Commercial Paper issued by such Conduit Assignee), it will not institute against, or join any other Person in instituting against, the Company or any Conduit Assignee, 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.