Common use of No Petition in Bankruptcy Clause in Contracts

No Petition in Bankruptcy. The Collateral Administrator agrees not to file or join in the filing of an involuntary petition in bankruptcy against the Company for the nonpayment of the Collateral Administrator’s fees or other amounts payable by the Company under this Agreement or for any other reason until the payment in full of all Obligations under the Credit Agreement and the expiration of a period equal to one year and one day or, if longer, the applicable preference period under the Bankruptcy Code plus 10 days following said payment. The provisions of this Section 17 shall survive termination of this Agreement.

Appears in 3 contracts

Samples: Collateral Administration Agreement (AB Private Credit Investors Corp), Collateral Administration Agreement (AB Private Credit Investors Corp), Collateral Administration Agreement (AB Private Credit Investors Corp)

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No Petition in Bankruptcy. The Collateral Administrator agrees not to file or join in the filing of an involuntary petition in bankruptcy against the Company Borrower for the nonpayment of the Collateral Administrator’s fees or other amounts payable by the Company Borrower under this Agreement or for any other reason until the payment in full of all Obligations issued under the Credit Agreement and the expiration of a period equal to one year and one day or, if longer, the applicable preference period under the Bankruptcy Code plus 10 ten (10) days following said payment. The provisions of this Section 17 20 shall survive termination of this Agreement.

Appears in 3 contracts

Samples: Collateral Administration Agreement (Oxford Square Capital Corp.), Collateral Administration Agreement (TICC Capital Corp.), Collateral Administration Agreement (Business Development Corp of America)

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