Common use of No Petition Agreement Clause in Contracts

No Petition Agreement. Prior to the 181st day following the payment in full of the Bonds and the discharge in accordance with its terms of the Collateral Trust Indenture, the Indenture Trustee agrees that it will not file a petition, or join in the filing of a petition, seeking reorganization, arrangement, adjustment or composition of or in respect of the Loan Participant under the Bankruptcy Code or any other applicable Federal or state law or the law of the District of Columbia.

Appears in 2 contracts

Samples: Participation Agreement (Public Service Co of New Mexico), Participation Agreement (Public Service Co of New Mexico)

AutoNDA by SimpleDocs

No Petition Agreement. Prior to the 181st day following the payment in full of the Bonds and the discharge in accordance with its terms of the Collateral Trust Indenture, the Indenture Trustee agrees that it will not file a petition, or join in the filing of a petition, seeking reorganization, arrangement, adjustment or composition of or in respect of the Loan Participant under the Bankruptcy Code or any other applicable Federal or state law or the law of the District of Columbia.

Appears in 1 contract

Samples: Participation Agreement (Public Service Co of New Mexico)

No Petition Agreement. Prior to the 181st day following the payment in full of the Bonds and the discharge in accordance with its terms of the Collateral Trust Indenture, the Indenture Trustee Owner Participant 6091.50.2831.27:2 agrees that it will not file a petition, or join in the filing of a petition, seeking reorganization, arrangement, adjustment or composition of of, or in respect of of, the Loan Participant under the Bankruptcy Code Code, or any other applicable Federal or state law or the law of the District of Columbia.

Appears in 1 contract

Samples: Participation Agreement (Public Service Co of New Mexico)

No Petition Agreement. Prior to the 181st day following the payment in full of the Bonds and the discharge in accordance with its terms of the Collateral Trust Indenture, the Indenture Trustee agrees that it will not file a petition, or join in the filing tiling of a petition, seeking reorganization, arrangement, adjustment or composition of or in respect of the Loan Participant under the Bankruptcy Code or any other applicable Federal or state law or the law of the District of Columbia.

Appears in 1 contract

Samples: Participation Agreement (Public Service Co of New Mexico)

AutoNDA by SimpleDocs

No Petition Agreement. Prior to the 181st day following the payment in full of the Bonds and the discharge in accordance with its terms of the Collateral collateral Trust Indenture, the Indenture Trustee Owner Participant agrees that it will not file a petition, or join in the filing of a petition, seeking reorganization, arrangement, adjustment or composition of of, or in respect of of, the Loan Participant under the Bankruptcy Code Code, or any other applicable Federal or state law or the law of the District of Columbia.. 6091.100.2898.27:1

Appears in 1 contract

Samples: Participation Agreement (Public Service Co of New Mexico)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!