Common use of Non-Petition Agreement Clause in Contracts

Non-Petition Agreement. Each Issuer will cause each party to any Purchase and Sale Agreement to covenant and agree that such party shall not institute against, or join any other Person in instituting against, any Issuer, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceeding, or any other proceeding under any federal or state bankruptcy or similar law.

Appears in 6 contracts

Samples: Management and Servicing Agreement (Store Capital LLC), Management and Servicing Agreement (Store Capital LLC), Management and Servicing Agreement (STORE CAPITAL Corp)

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Non-Petition Agreement. Each Issuer will cause each party to any Purchase and Sale Property Transfer Agreement to covenant and agree that such party shall not institute against, or join any other Person in instituting against, any Issuer, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceeding, or any other proceeding under any federal or state bankruptcy or similar law.

Appears in 3 contracts

Samples: Management and Servicing Agreement (American Finance Trust, Inc), Management and Servicing Agreement (American Finance Trust, Inc), Management and Servicing Agreement (Essential Properties Realty Trust, Inc.)

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Non-Petition Agreement. Each Issuer Borrower will cause each party to any Purchase and Sale Agreement to covenant and agree that such party shall not institute against, or join any other Person in instituting against, any IssuerBorrower, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceeding, or any other proceeding under any federal or state bankruptcy or similar law.

Appears in 1 contract

Samples: Property Management Agreement (STORE CAPITAL Corp)

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