Common use of Non-Petition Covenant Clause in Contracts

Non-Petition Covenant. The Servicer and each Subservicer hereby covenants and agrees that it will not at any time institute against any Transferor, or join in instituting against 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)

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Non-Petition Covenant. The Each of the Servicer and each the Subservicer hereby covenants and agrees that it will not at any time institute against any Transferor, or join in instituting against the 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)

Non-Petition Covenant. The Servicer and each Subservicer hereby covenants and agrees that it will not at any time institute against any Transferor, or join in instituting against the 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. The Servicer and each the Subservicer hereby covenants and agrees that it will not at any time institute against any Transferor, or join in instituting against the 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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Non-Petition Covenant. The Servicer and each the Subservicer hereby covenants and agrees that it will not at any time institute against any Transferor, or join in instituting against 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)

Non-Petition Covenant. The Each of the Servicer and each the Subservicer hereby ---------------------- covenants and agrees that it will not at any time institute against any Transferor, or join in instituting against the 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 Servicing Agreement (Ba Master Credit Card Trust /)

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