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 oxxxxxxxx, directly or indirectly, invoke or cause Bishop's Gate Residential Mortgage Trust to invoke the process of xxx xxxxrnmental authority for the purpose of commencing or sustaining a case against Bishop's Gate Residential Mortgage Trust under any federal or statx 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 agreemxxx xxxxl be binding upon the Purchaser and any assignee or transferee of the Purchaser.

Appears in 1 contract

Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-18a)

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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 oxxxxxxxxotherwisx, directly xxxxxtly or indirectly, invoke or cause Bishop's Gate Residential Mortgage Trust to invoke the process of xxx xxxxrnmental any govxxxxxxxxl authority for the purpose of commencing or sustaining a case against Bishop's Gate Residential Mortgage Trust under any federal or statx xxxxxxptcystate bankrxxxxx, insolvency xnsolvency 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 agreemxxx xxxxl be binding agreement shaxx xx xxnding upon the Purchaser and any assignee or transferee of the Purchaser.

Appears in 1 contract

Samples: Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Mortgage Pass-Through Certificates, Series 2004-14)

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 oxxxxxxxxotherxxxx, directly xxrectly or indirectly, invoke or cause Bishop's Gate Residential Mortgage Trust to invoke the process of xxx xxxxrnmental any xxxxxxxxntal authority for the purpose of commencing or sustaining a case against Bishop's Gate Residential Mortgage Trust under any federal or statx xxxxxxptcystate baxxxxxxxx, 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 agreemxxx xxxxl be agreement xxxxx xx binding upon the Purchaser and any assignee or transferee of the Purchaser.

Appears in 1 contract

Samples: Servicing Agreement (Prime Mortgage Trust 2005-5)

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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 oxxxxxxxxotherwisx, directly xxxxxtly or indirectly, invoke or cause Bishop's Gate Residential Mortgage Trust to invoke the process of xxx xxxxrnmental any govxxxxxxxxl authority for the purpose of commencing or sustaining a case against Bishop's Gate Residential Mortgage Trust under any federal or statx xxxxxxptcystate bankruptcy, 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 agreemxxx xxxxl be binding agreement shaxx xx xxnding upon the Purchaser and any assignee or transferee of the Purchaser.

Appears in 1 contract

Samples: Servicing Agreement (Structured Asset Sec Corp Mor Pass Thru Cer Ser 2002-10h)

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