Common use of Nonpetition Covenants Clause in Contracts

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer and the Depositor shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing Entity, acquiesce, petition or otherwise invoke or cause the Issuing Entity to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity under any federal or state bankruptcy, insolvency or similar law, or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity or any substantial part of their property, or ordering the winding up or liquidation of the affairs of the Issuing Entity.

Appears in 98 contracts

Samples: Sale and Servicing Agreement (World Omni Select Auto Trust 2024-A), Sale and Servicing Agreement (World Omni Auto Receivables Trust 2024-B), Sale and Servicing Agreement (World Omni Auto Receivables Trust 2024-B)

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Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer Depositor, the Administrator, the Owner Trustee and the Depositor Indenture Trustee shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing Entity, not at any time acquiesce, petition or otherwise invoke invoke, or cooperate with or encourage others to acquiesce, petition or otherwise invoke, or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal or state bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 97 contracts

Samples: Administration Agreement (Carmax Auto Funding LLC), Administration Agreement (Carmax Auto Funding LLC), Administration Agreement (CarMax Auto Owner Trust 2024-2)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer and the Depositor parties hereto shall not, prior to the date which that is one year and one day after the termination of this Agreement with respect to the Issuing EntityIssuer or the Depositor, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer or the Depositor to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer or the Depositor under any federal or state bankruptcy, insolvency or similar law, or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or the Depositor or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer or the Depositor.

Appears in 87 contracts

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2024-B), Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2024-A), Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2024-A)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer and the Depositor Seller shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing Entity, acquiesce, petition or otherwise invoke or cause the Issuing Entity to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity under any federal Federal or state State bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing Entity.

Appears in 55 contracts

Samples: Sale and Servicing Agreement (Deere John Capital Corp), Sale and Servicing Agreement (John Deere Receivables LLC), Sale and Servicing Agreement (Deere John Capital Corp)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this AgreementAgreement or the Indenture, the Servicer and the Depositor Seller shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing Entity, acquiesceIndenture and payment in full of the Recovery Bonds or any other amounts owed under the Indenture, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority Government Authority for the purpose of commencing or sustaining a an involuntary case against the Issuing Entity Issuer under any federal or state bankruptcy, insolvency or similar law, or appointing a receiver, liquidator, assignee, trusteeIndenture Trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their propertythe property of the Issuer, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 16 contracts

Samples: Recovery Property Purchase and Sale Agreement (PG&E Recovery Funding LLC), Recovery Property Purchase and Sale Agreement (PACIFIC GAS & ELECTRIC Co), Recovery Property Purchase and Sale Agreement (PG&E Recovery Funding LLC)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, none of the Servicer Servicer, the Seller and the Depositor shall notTrust Collateral Agent shall, prior to the date which is one (1) year and one (1) day after the termination of this Agreement with respect to the Issuing EntityIssuer, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal or state State bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 14 contracts

Samples: Sale and Servicing (AmeriCredit Automobile Receivables Trust 2024-1), Sale and Servicing (AmeriCredit Automobile Receivables Trust 2024-1), Sale and Servicing (AmeriCredit Automobile Receivables Trust 2023-2)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, none of the Servicer, the Seller or the Backup Servicer and the Depositor shall notshall, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing EntityIssuer, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal Federal or state State bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 12 contracts

Samples: Sale and Servicing (Consumer Portfolio Services Inc), Sale and Servicing (Consumer Portfolio Services Inc), Sale and Servicing (Consumer Portfolio Services Inc)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer Seller, the Administrator, the Owner Trustee and the Depositor Indenture Trustee shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing EntityIssuer, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal Federal or state bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 11 contracts

Samples: Administration Agreement (Caterpillar Financial Asset Trust 2005-A), Caterpillar Financial (Caterpillar Financial Asset Trust 2004-A), Administration Agreement (Caterpillar Financial Funding Corp)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer Servicer, the Seller, the Owner Trustee and the Depositor Indenture Trustee shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing EntityIssuer, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal Federal or state bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 10 contracts

Samples: Sale and Servicing Agreement (Caterpillar Financial Asset Trust 2005-A), Sale and Servicing Agreement (Caterpillar Financial Funding Corp), Sale and Servicing Agreement (Caterpillar Financial Asset Trust 2004-A)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer Seller, the Administrator, the Owner Trustee and the Depositor Indenture Trustee shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing EntityIssuer, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal or state bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 9 contracts

Samples: Administration Agreement (Lehman Brothers Asset Securitization LLC), Form of Administration Agreement (Bond Securitization LLC), Administration Agreement (Ford Credit Auto Receivables Two LLC)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, none of the Servicer Servicer, the Seller and the Depositor shall notTrust Collateral Agent shall, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing EntityIssuer, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal or state State bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 8 contracts

Samples: Sale and Servicing (AmeriCredit Automobile Receivables Trust 2021-2), Sale and Servicing (AmeriCredit Automobile Receivables Trust 2021-2), Sale and Servicing (AmeriCredit Automobile Receivables Trust 2021-1)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer Seller, the Administrator, the Owner Trustee and the Depositor shall Indenture Trustee will not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing EntityIssuer, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal or state State bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 7 contracts

Samples: Administration Agreement (Ford Credit Auto Receivables Two LLC), Administration Agreement (Ford Credit Auto Receivables Two LLC), Administration Agreement (Ford Credit Auto Receivables Two LLC)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, neither the Servicer and Seller nor the Depositor shall notEligible Lender Trustee shall, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing EntityPurchaser, acquiesce, petition or otherwise invoke or cause the Issuing Entity Purchaser to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Purchaser under any federal Federal or state bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Purchaser or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityPurchaser.

Appears in 6 contracts

Samples: www.sec.gov, Student Loan Transfer Agreement (Keycorp Student Loan Trust 2004-A), Student Loan Transfer Agreement (KeyCorp Student Loan Trust 2005-A)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer Depositor, the Administrator, the Owner Trustee and the Depositor Indenture Trustee shall not, prior to the date which is one year and one day after the termination payment of this Agreement with respect to the Issuing EntityNotes in full, acquiesce, petition or otherwise invoke or cause the Issuing Entity to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity under any federal Federal or state bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing Entity.

Appears in 6 contracts

Samples: Administration Agreement (Caterpillar Financial Funding Corp), Administration Agreement (Caterpillar Financial Funding Corp), Administration Agreement (Caterpillar Financial Asset Trust 2008-A)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer Servicer, Backup Servicer, Designated Backup Subservicer and the Depositor Seller shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing EntityIssuer, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal or state bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (United Pan Am Financial Corp), Sale and Servicing (UPFC Auto Receivables Trust 2005-B), Sale and Servicing (UPFC Auto Receivables Trust 2004-A)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer Seller, the Administrator, the Owner Trustee and the Depositor Indenture Trustee shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing EntityIssuer, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal or state State bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 4 contracts

Samples: Administration Agreement (Ford Credit Auto Receivables Two L P), Administration Agreement (Ford Credit Auto Receivables Two L P), Administration Agreement (Ford Credit Auto Receivables Two L P)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this AgreementAgreement or any Series Supplement, the Master Servicer and the Depositor Seller shall not, prior to the date which is one year and one day after the termination of this Agreement or any Series Supplement with respect to the Issuing EntityIssuer, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal or state bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 4 contracts

Samples: Master Sale and Servicing Agreement (Household Auto Receivables Corp), Master Sale and Servicing Agreement (Household Auto Receivables Corp), Master Sale and Servicing Agreement (Household Automotive Trust Vi Series 2000 3)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer and parties hereto (except the Depositor Issuer) shall not, prior to the date which that is one year and one day after the termination of this Agreement with respect to the Issuing EntityIssuer, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal or state bankruptcy, insolvency or similar law, or appointing a conservator, receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 3 contracts

Samples: Sale and Servicing Agreement (Regions Auto Receivables Trust 2002-1), Sale and Servicing Agreement (Regions Auto Receivables Trust 2003-1), Sale and Servicing Agreement (Regions Acceptance LLC Regions Auto Receivables Tr 2003-2)

Nonpetition Covenants. (a) A. Notwithstanding any prior termination of this Agreement, the Servicer Servicer, the Administrator, the Interim Eligible Lender Trustee and the Depositor Seller shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing EntityAgreement, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal Federal or state bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 3 contracts

Samples: Master Administration Agreement (SLM Funding Corp), Administration Agreement (SLM Funding Corp), Administration Agreement (SLM Funding Corp)

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Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Master Servicer and the Depositor Trustee shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing EntityIssuer, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer (or any assignee) to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal or state bankruptcy, insolvency or similar law, or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 3 contracts

Samples: Master Servicing Agreement (Sequoia Mortgage Funding Corp), Master Servicing Agreement (Bear Stearns Asset Backed Securities Inc), Master Servicing Agreement (American Residential Eagle Inc)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer and the Depositor Seller shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing EntityIssuer, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the (Nissan 2013-A Sale and Servicing Agreement) purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal or state bankruptcy, insolvency or similar law, or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Nissan Auto Receivables 2013-a Owner Trust), Sale and Servicing Agreement (Nissan Auto Receivables 2013-a Owner Trust)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, neither the Servicer and Administrator nor the Depositor shall notTrustee shall, prior to the date which is one year and one day after the termination payment in full of this Agreement with respect to the Issuing Entity, acquiescelast Outstanding Indenture Note, petition or otherwise invoke invoke, join with, encourage or cooperate with any other party in invoking or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal Federal or state bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 2 contracts

Samples: Administration Agreement (Zipcar Inc), Administration Agreement (Zipcar Inc)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer Master Servicer, the Administrator, the Eligible Lender Trustee and the Depositor Seller shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing EntityIssuer, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal Federal or state bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Keycorp Student Loan Trust 2000-A), Sale and Servicing Agreement (Keycorp Student Loan Trust 2000-B)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer Group I Administrator, the Issuer and the Depositor Trustee shall not, prior to the date which is one year and one day after the termination payment in full of this Agreement with respect to all the Issuing Entity, acquiesceNotes, petition or otherwise invoke invoke, join with, encourage or cooperate with any other party in invoking or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal Federal or state bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Group I Administration Agreement (Hertz Global Holdings Inc)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer and the Depositor Seller shall not, prior to the date which that is one year and one day after the termination of this Agreement Agreement, with respect to the Issuing Entity, acquiesce, petition or otherwise invoke or cause the Issuing Entity to invoke the process of any court or government governmental authority for the purpose of commencing or sustaining a case against the Issuing Entity under any federal or state State bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing Entity.Issuing

Appears in 1 contract

Samples: Sale and Servicing Agreement (CNH Equipment Trust 2006-A)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, none of the Servicer, the Seller or the Backup Servicer and the Depositor shall notshall, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing EntityIssuer, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the 103 purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal Federal or state State bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Sale and Servicing (Consumer Portfolio Services Inc)

Nonpetition Covenants. (a) a. Notwithstanding any prior termination of this Agreement, the Servicer Seller, the Administrator, the Owner Trustee and the Depositor Indenture Trustee shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing EntityIssuer, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal or state bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Administration Agreement (Wells Fargo Auto Receivables Corp)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer Servicer, the Transferor, the Owner Trustee and the Depositor Indenture Trustee (in its capacity as Indenture Trustee or Servicer) shall not, prior to the date which is one year and one day after the termination of this Agreement not at any time with respect to the Issuing EntityIssuer, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal Federal or state bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Metlife Capital Equipment Loan Trusts)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer Group II Administrator, the Issuer and the Depositor Trustee shall not, prior to the date which is one year and one day after the termination payment in full of this Agreement with respect to all the Issuing Entity, acquiesceNotes, petition or otherwise invoke invoke, join with, encourage or cooperate with any other party in invoking or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal Federal or state bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Group Ii Administration Agreement (Hertz Global Holdings Inc)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer Transferor, the Administrator, the Owner Trustee and the Depositor Indenture Trustee shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing EntityIssuer, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal Federal or state bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Administration Agreement (Metlife Capital Equipment Loan Trusts)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Servicer Servicer, the Transferor, the Owner Trustee and the Depositor Indenture Trustee shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing EntityIssuer, acquiesce, petition or otherwise invoke or cause the Issuing Entity Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuing Entity Issuer under any federal Federal or state bankruptcy, insolvency or similar law, law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuing Entity Issuer or any substantial part of their its property, or ordering the winding up or liquidation of the affairs of the Issuing EntityIssuer.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Metlife Capital Equipment Loan Trusts)

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