Non-Petition. The Issuer and Cash Manager agree that they shall not institute or join any other Person or entity in instituting against, or with respect to, the Guarantor, or any of the general partners of the Guarantor, any bankruptcy or insolvency event so long as any Covered Bonds issued by the Issuer under the Programme shall be outstanding or there shall not have elapsed one year plus one day since the last day on which any such Covered Bonds shall have been outstanding. The foregoing provision shall survive the termination of this Agreement by any of the parties hereto.
Appears in 8 contracts
Samples: Intercompany Loan Agreement, Intercompany Loan Agreement, Intercompany Loan Agreement
Non-Petition. The Issuer and Cash Manager agree that they shall not institute or join any other Person or entity in instituting against, or with respect to, the GuarantorGuarantor LP, or any of the general partners of the GuarantorGuarantor LP, any bankruptcy or insolvency event so long as any Covered Bonds issued by the Issuer under the Programme shall be outstanding or there shall not have elapsed one year plus one day since the last day on which any such Covered Bonds shall have been outstanding. The foregoing provision shall survive the termination of this Agreement by any of the parties hereto.
Appears in 7 contracts
Samples: Intercompany Loan Agreement, Intercompany Loan Agreement (RBC Covered Bond Guarantor Limited Partnership), Intercompany Loan Agreement (Royal Bank of Canada)
Non-Petition. The Issuer and Cash Manager and Asset Monitor agree that they shall not institute or join any other Person or entity in instituting against, or with respect to, the Guarantor, or any of the general partners of the Guarantor, any bankruptcy or insolvency event so long as any Covered Bonds issued by the Issuer under the Programme shall be outstanding or there shall not have elapsed one year plus one day since the last day on which any such Covered Bonds shall have been outstanding. The foregoing provision shall survive the termination of this Agreement by any of the parties hereto.
Appears in 7 contracts
Samples: Asset Monitor Agreement, Asset Monitor Agreement, Asset Monitor Agreement
Non-Petition. The Issuer and Cash Manager and Asset Monitor agree that they shall not institute or join any other Person or entity in instituting against, or with respect to, the GuarantorGuarantor LP, or any of the general partners of the GuarantorGuarantor LP, any bankruptcy or insolvency event so long as any Covered Bonds issued by the Issuer under the Programme shall be outstanding or there shall not have elapsed one year plus one day since the last day on which any such Covered Bonds shall have been outstanding. The foregoing provision shall survive the termination of this Agreement by any of the parties hereto.
Appears in 4 contracts
Samples: Asset Monitor Agreement (RBC Covered Bond Guarantor Limited Partnership), Asset Monitor Agreement, Asset Monitor Agreement (RBC Covered Bond Guarantor Limited Partnership)
Non-Petition. β The Issuer and Cash Manager and Asset Monitor agree that they shall not institute or join any other Person or entity in instituting against, or with respect to, the Guarantor, or any of the general partners of the Guarantor, any bankruptcy or insolvency event so long as any Covered Bonds issued by the Issuer under the Programme shall be outstanding or there shall not have elapsed one year plus one day since the last day on which any such Covered Bonds shall have been outstanding. The foregoing provision shall survive the termination of this Agreement by any of the parties hereto.
Appears in 1 contract
Samples: Asset Monitor Agreement
