Common use of Non-Petition Covenant Clause in Contracts

Non-Petition Covenant. Each of the Servicer and the Subservicer hereby covenants and agrees that it will not at any time institute against any Transferor, or join in instituting against any Transferor, any case or proceeding under the United States Bankruptcy Code or any other bankruptcy, insolvency, or similar law.

Appears in 4 contracts

Samples: Subservicing Agreement (American Express Receivables Financing Corp VIII LLC), Delegation of Servicing Agreement (Fleet Credit Card Master Trust Ii), Subservicing Agreement (American Express Issuance Trust)

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Non-Petition Covenant. Each of the The Servicer and the each Subservicer hereby covenants and agrees that it will not at any time institute against any Transferor, or join in instituting against any the Transferor, any case or proceeding under the United States Bankruptcy Code or any other bankruptcy, insolvency, or similar law.

Appears in 4 contracts

Samples: Supplemental Servicing Agreement (American Express Issuance Trust), Supplemental Servicing Agreement (American Express Receivables Financing Corp VIII LLC), Supplemental Servicing Agreement (American Express Receivables Financing Corp VIII LLC)

Non-Petition Covenant. Each of the The Servicer and the each Subservicer hereby covenants and agrees that it will not at any time institute against any Transferor, or join in instituting against any Transferor, any case or proceeding under the United States Bankruptcy Code or any other bankruptcy, insolvency, or similar law.

Appears in 2 contracts

Samples: Supplemental Servicing Agreement (American Express Credit Account Master Trust), Supplemental Servicing Agreement (American Express Receivables Financing Corp Iv LLC)

Non-Petition Covenant. Each of the The Servicer and the Subservicer hereby covenants and agrees that it will not at any time institute against any Transferor, or join in instituting against any the Transferor, any case or proceeding under the United States Bankruptcy Code or any other bankruptcy, insolvency, or similar law.

Appears in 1 contract

Samples: Supplemental Servicing Agreement (American Express Receivables Financing Corp VIII LLC)

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Non-Petition Covenant. Each of the Servicer and the Subservicer hereby ---------------------- covenants and agrees that it will not at any time institute against any Transferor, or join in instituting against any Transferor, any case or proceeding under the United States Bankruptcy Code or any other bankruptcy, insolvency, or similar law. 11.

Appears in 1 contract

Samples: Delegation Of (Ba Master Credit Card Trust /)

Non-Petition Covenant. Each of the The Servicer and the Subservicer hereby covenants and agrees that it will not at any time institute against any Transferor, or join in instituting against any Transferor, any case or proceeding under the United States Bankruptcy Code or any other bankruptcy, insolvency, or similar law.

Appears in 1 contract

Samples: Supplemental Servicing Agreement (American Express Receivables Financing Corp Iv LLC)

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