Common use of Non-Petition Agreement Clause in Contracts

Non-Petition Agreement. The Purchaser covenants and agrees that it shall not, prior to the date which is one year and one day (or if longer, the applicable preference period then in effect) after the payment in full of all rated obligations of Bishop's Gate Residential Mortgage Trust, acquiesce, petition or othxxxxxx, directly or indirectly, invoke or cause Bishop's Gate Residential Mortgage Trust to invoke the process of anx xxxxxxmental authority for the purpose of commencing or sustaining a case against Bishop's Gate Residential Mortgage Trust under any federal or state xxxxxxxxcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator, or other similar official of Bishop's Gate Residential Mortgage Trust. This covenant and agreemenx xxxxx be binding upon the Purchaser and any assignee or transferee of the Purchaser;

Appears in 3 contracts

Samples: Servicing Agreement (Sunset Financial Resources Inc), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-1), Servicing Agreement (Merrill Lynch Mort Investors Inc Trust Series MLCC 2003-D)

AutoNDA by SimpleDocs

Non-Petition Agreement. The Purchaser covenants and agrees that it shall not, prior to the date which is one year and one day (or if longer, the applicable preference period then in effect) after the payment in full of all rated obligations of Bishop's Gate Residential Mortgage Trust, acquiesce, petition or othxxxxxxothexxxxx, directly xirectly or indirectly, invoke or cause Bishop's Gate Residential Mortgage Trust to invoke the process of anx xxxxxxmental any xxxxxxxental authority for the purpose of commencing or sustaining a case against Bishop's Gate Residential Mortgage Trust under any federal or state xxxxxxxxcybxxxxxxxxy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator, or other similar official of Bishop's Gate Residential Mortgage Trust. This covenant and agreemenx agreement xxxxx be xe binding upon the Purchaser and any assignee or transferee of the Purchaser;.

Appears in 3 contracts

Samples: Custodial Agreement (Structured Asset Securities Corp Mor Pas THR Cer Ser 2003-6a), Reconstituted Servicing Agreement (Structured Asset Sec Mort Pass THR Cert Series 2001-21a), Servicing Agreement (Structured Asset Sec Mort Pass THR Cert Series 2001-21a)

Non-Petition Agreement. The Purchaser covenants and agrees that it shall not, prior to the date which is one year and one day (or if longer, the applicable preference period then in effect) after the payment in full of all rated obligations of Bishop's Gate Residential Mortgage Trust, acquiesce, petition or othxxxxxx, directly or indirectly, invoke or cause Bishop's Gate Residential Mortgage Trust to invoke the process of anx xxxxxxmental authority for the purpose of commencing or sustaining a case against Bishop's Gate Residential Mortgage Trust under any federal or state xxxxxxxxcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator, or other similar official of Bishop's Gate Residential Mortgage Trust. This covenant and agreemenx xxxxx be binding upon the Purchaser and any assignee or transferee of the Purchaser;.

Appears in 2 contracts

Samples: Servicing Agreement (Structured Asset Sec Mort Pass Thru Cert Ser 2002-21a), Servicing Agreement (Structured Asset Sec Corp Mortgage Pas THR Cert Se 2002-27a)

Non-Petition Agreement. The Purchaser covenants and agrees that it shall not, prior to the date which is one year and one day (or if longer, the applicable preference period then in effect) after the payment in full of all rated obligations of Bishop's Gate Residential Mortgage Trust, acquiesce, petition or othxxxxxxxxxxxxxse, directly or indirectly, invoke or cause Bishop's Gate Residential Resixxxxxxx Mortgage Trust to invoke the process of anx xxxxxxmental authority axx xxxxxxxxxxxx xxxxxxity for the purpose of commencing or sustaining a case against Bishop's Gate Residential Mortgage Trust under any federal or state xxxxxxxxcystxxx xxxxruptcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator, or other similar official of Bishop's Gate Residential Mortgage Trust. This covenant and agreemenx xxxxx agrexxxxx xxall be binding upon the Purchaser and any assignee or transferee of the Purchaser;

Appears in 2 contracts

Samples: Indemnification and Contribution Agreement (Morgan Stanley Mortgage Loan Trust 2006-12xs), Indemnification and Contribution Agreement (Morgan Stanley Mortgage Loan Trust 2007-6xs)

AutoNDA by SimpleDocs

Non-Petition Agreement. The Purchaser covenants and agrees that it shall not, prior to the date which is one year and one day (or if longer, the applicable preference period then in effect) after the payment in full of all rated obligations of Bishop's Gate Residential Mortgage Trust, acquiesce, petition or othxxxxxxxxxxxxxse, directly or indirectly, invoke or cause Bishop's Gate Residential Mortgage Trust to invoke the process of anx xxxxxxmental any xxvernmental authority for the purpose of commencing or sustaining a case against Bishop's Gate Residential Mortgage Trust under any federal or state xxxxxxxxcyxxxxruptcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator, or other similar official of Bishop's Gate Residential Mortgage Trust. This covenant and agreemenx agreement xxxxx be binding upon the Purchaser and any assignee or transferee of the Purchaser;

Appears in 1 contract

Samples: Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2005-A8)

Non-Petition Agreement. The Purchaser covenants and agrees that it shall not, prior to the date which is one year and one day (or if longer, the applicable preference period then in effect) after the payment in full of all rated obligations of Bishop's Gate Residential Mortgage Trust, acquiesce, petition or othxxxxxxoxxxxxxxx, directly or indirectly, invoke or cause Bishop's Gate Residential Mortgage Residexxxxx Xxrtgage Trust to invoke the process of anx xxxxxxmental authority any xxxxxxxxxxxx xxxxxxxxy for the purpose of commencing or sustaining a case against Bishop's Gate Residential Mortgage Trust under any federal or state xxxxxxxxcystatx xxxxxxptcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator, or other similar official of Bishop's Gate Residential Mortgage Trust. This covenant and agreemenx xxxxx agreemxxx xxxxl be binding upon the Purchaser and any assignee or transferee of the Purchaser;

Appears in 1 contract

Samples: Indemnification and Contribution Agreement (Morgan Stanley Mortgage Loan Trust 2006-7)

Time is Money Join Law Insider Premium to draft better contracts faster.