Common use of Nonpetition Covenants Clause in Contracts

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the Administrator and the 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court of government authority for the purpose of commencing or sustaining a case against the 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 Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

Appears in 77 contracts

Samples: Owner Trust Administration Agreement (Hyundai Auto Receivables Trust 2024-C), Owner Trust Administration Agreement (Hyundai Auto Receivables Trust 2024-C), Owner Trust Administration Agreement (Hyundai Auto Receivables Trust 2024-B)

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Nonpetition Covenants. Notwithstanding any prior termination of this AgreementServicing Agreement or the Indenture, the Administrator and the Indenture Trustee Servicer shall not, prior to the date which that is one year and one day after the termination satisfaction and discharge of this Agreement with respect to the IssuerIndenture, acquiesce, petition or otherwise invoke or cause the Issuer to invoke or join with any Person in provoking the process of any court of government authority Governmental Authority for the purpose of commencing or sustaining a an involuntary case against the Issuer under any Federal U.S. federal or state bankruptcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuer or for any substantial part of its property, the property of the Issuer or ordering the dissolution, winding up or liquidation of the affairs of the Issuer.

Appears in 32 contracts

Samples: Intercreditor Agreement (Consumers 2023 Securitization Funding LLC), Securitization Property Servicing Agreement (Consumers 2023 Securitization Funding LLC), Securitization Property Servicing Agreement (Consumers 2023 Securitization Funding LLC)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the Administrator and the 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court of or government authority for the purpose of commencing or sustaining a case against the Issuer under any Federal federal or state State bankruptcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

Appears in 23 contracts

Samples: Administration Agreement (Usaa Federal Savings Bank), Administration Agreement (Usaa Federal Savings Bank Usaa Auto Owner Trust 2001-1), Administration Agreement (Usaa Acceptance LLC Auto Owner Trust 2002-1)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the Owner Trust Administrator and the 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court of government authority for the purpose of commencing or sustaining a case against the 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 Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

Appears in 11 contracts

Samples: Owner Trust Administration Agreement (BMW Fs Securities LLC), Owner Trust Administration Agreement (BMW Fs Securities LLC), Owner Trust Administration Agreement (Regions Acceptance LLC)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the Administrator Administrator, the Issuer and the 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court of government authority for the purpose of commencing or sustaining a case against the 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 Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

Appears in 11 contracts

Samples: Administration Agreement (JPMorgan Chase Bank, National Association), Administration Agreement (Chase Auto Owner Trust 2006-A), Administration Agreement (Chase Auto Owner Trust 2005-A)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the Administrator and the Indenture Trustee shall not, prior to the date which is one (1) year and one (1) day after the termination of this Agreement with respect to the IssuerNotes have been Paid In Full, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court of government authority for the purpose of commencing or sustaining a case against the Issuer under any Federal federal or state bankruptcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

Appears in 9 contracts

Samples: Administration Agreement (California Republic Auto Receivables Trust 2015-2), Administration Agreement (California Republic Auto Receivables Trust 2015-1), Administration Agreement (California Republic Funding LLC)

Nonpetition Covenants. Notwithstanding any prior termination of this AgreementServicing Agreement or the Indenture, the Administrator and the Indenture Trustee Servicer shall not, prior to the date which is one year and one day after the termination satisfaction and discharge of this Agreement with respect to the IssuerIndenture, acquiesce, petition or otherwise invoke or cause the Issuer to invoke or join with any Person in provoking the process of any court of government authority Governmental Authority for the purpose of commencing or sustaining a an involuntary case against the Issuer under any Federal U.S. federal or state bankruptcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuer or for any substantial part of its property, the property of the Issuer or ordering the dissolution, winding up or liquidation of the affairs of the Issuer.

Appears in 8 contracts

Samples: Securitization Property Servicing Agreement (DTE Electric Securitization Funding II LLC), Securitization Property Servicing Agreement (DTE Electric Securitization Funding II LLC), Securitization Property Servicing Agreement (DTE Electric Securitization Funding II LLC)

Nonpetition Covenants. Notwithstanding any prior termination of this AgreementAgreement or the Indenture, the Administrator and the Indenture Trustee Servicer shall not, prior to the date which is one 1 year and one 1 day after the termination satisfaction and discharge of this Agreement with respect to the IssuerIndenture, acquiesce, petition or otherwise invoke or cause the Issuer to invoke or join with any Person in provoking the process of any court of government authority Governmental Authority for the purpose of commencing or sustaining a an involuntary case against the Issuer under any Federal federal or state bankruptcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuer or any substantial part of its property, the property of the Issuer or ordering the dissolution, winding up or liquidation of the affairs of the Issuer.

Appears in 6 contracts

Samples: Storm Recovery Property Servicing Agreement, Storm Recovery Property Servicing Agreement (Entergy New Orleans Storm Recovery Funding I, L.L.C.), Storm Recovery Property Servicing Agreement (Entergy New Orleans Storm Recovery Funding I, L.L.C.)

Nonpetition Covenants. Notwithstanding any prior termination of this AgreementAgreement or the Indenture, the Administrator and the Indenture Trustee Servicer shall not, prior to the date which that is one year and one day after the termination satisfaction and discharge of this Agreement with respect to the IssuerIndenture, acquiesce, petition or otherwise invoke or cause the Issuer to invoke or join with any Person in provoking the process of any court of government authority Governmental Authority for the purpose of commencing or sustaining a an involuntary case against the Issuer under any Federal U.S. federal or state bankruptcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuer or for any substantial part of its property, the property of the Issuer or ordering the dissolution, winding up or liquidation of the affairs of the Issuer.

Appears in 3 contracts

Samples: Securitization Property Servicing Agreement (SIGECO Securitization I, LLC), Securitization Property Servicing Agreement (SIGECO Securitization I, LLC), Securitization Property Servicing Agreement (SIGECO Securitization I, LLC)

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

Appears in 3 contracts

Samples: Administration Agreement (Merrill Auto Trust Securitization 2008-1), Administration Agreement (Merrill Auto Trust Securitization 2007-1), Administration Agreement (Merrill Auto Trust Securitization 2005-1)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the Master Servicer, the Administrator and the Indenture Trustee Transferor 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 Issuer, Issuer acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court of or government authority for the purpose of commencing or sustaining a case against the Issuer under any Federal federal or state State bankruptcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

Appears in 3 contracts

Samples: Transfer and Servicing Agreement (Crestar Bank /Va), Transfer and Servicing Agreement (Crestar Bank /Va), Transfer and Servicing Agreement (Crestar Bank /Va)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the Owner Trust Administrator and the 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court of government authority for the purpose of commencing or sustaining a case against the 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 Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

Appears in 3 contracts

Samples: Owner Trust Administration Agreement (Regions Auto Receivables Trust 2002-1), Owner Trust Administration Agreement (Regions Acceptance LLC Regions Auto Receivables Tr 2003-2), Owner Trust Administration Agreement (Regions Auto Receivables Trust 2003-1)

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

Appears in 2 contracts

Samples: Securitization Property Purchase and Sale Agreement (ONE Gas, Inc.), Securitization Property Purchase and Sale Agreement (Oklahoma Gas & Electric Co)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the Administrator and the Indenture Trustee Servicer shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court of or government authority for the purpose of commencing or sustaining a case against the 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 Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

Appears in 2 contracts

Samples: Receivables Servicing Agreement (Bear Stearns Asset Backed Funding Ii Inc), Receivables Servicing Agreement (Bear Stearns Asset Backed Funding Inc)

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

Appears in 2 contracts

Samples: Administration Agreement (Ace Sec Corp Wells Fargo Financial Auto Owner Trust 2004-A), Administration Agreement (Wells Fargo Financial Auto Owner Trust 2005-A)

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

Appears in 1 contract

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

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the Administrator and the 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court of government authority for the purpose of commencing or sustaining a case against the 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 Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.. 13 (2013-B Owner Trust Administration Agreement)

Appears in 1 contract

Samples: Owner Trust Administration Agreement (Hyundai Abs Funding Corp)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the CITSF Administrator and the 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court of government authority for the purpose of commencing or sustaining a case against the 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 Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

Appears in 1 contract

Samples: Administration Agreement (Chase Manhattan Bank Usa)

Nonpetition Covenants. Notwithstanding any prior termination of --------------------- this Agreement, neither the Administrator and nor the Indenture Trustee shall notshall, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court of or government authority for the purpose of commencing or sustaining a case against the Issuer under any Federal federal or state State bankruptcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

Appears in 1 contract

Samples: Administration Agreement (Bear Stearns Asset Backed Funding Ii Inc)

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Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the Administrator Seller and the Indenture Eligible Lender Trustee shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court of or government authority for the purpose of commencing or sustaining a case against the 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 Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

Appears in 1 contract

Samples: Sale Agreement (First Union Student Loan Trust 1997-1)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the Master Servicer, the Administrator and the Indenture Trustee Transferor shall not, prior to the date which that is one year and one day after the termination of this Agreement 70 76 Agreement, with respect to the Issuer, Issuer acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court of or government authority for the purpose of commencing or sustaining a case against the 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 Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (PNC Student Loan Trust I)

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

Appears in 1 contract

Samples: Administration Agreement (Bear Stearns Asset Backed Funding Inc)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the Administrator Master Servicer and the 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer (or any assignee) to invoke the process of any court of or government authority for the purpose of commencing or sustaining a case against the 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 Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

Appears in 1 contract

Samples: Master Servicing Agreement (American Residential Eagle Bond Trust 1992-2)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the Chase Administrator and the 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court of government authority for the purpose of commencing or sustaining a case against the 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 Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

Appears in 1 contract

Samples: Chase Administration Agreement (Chase Manhattan Bank Usa)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the Administrator and the 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court of government authority for the purpose of commencing or sustaining a case against the 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 Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.. 13 (2013-A Owner Trust Administration Agreement)

Appears in 1 contract

Samples: Owner Trust Administration Agreement (Hyundai Auto Receivables Trust 2013-A)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the Administrator Administrator, the Issuer and the Indenture Trustee shall not, prior to the date which is one year and one day after payment in full of the termination of this Agreement with respect to the IssuerNotes, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court of government authority for the purpose of commencing or sustaining a case against the 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 Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

Appears in 1 contract

Samples: Administration Agreement (JPMorgan Chase Bank, National Association)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the Administrator and the Indenture Trustee Manager shall not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuer, acquiesce, petition or otherwise invoke or cause the Issuer (or any assignee) to invoke the process of any court of or government authority for the purpose of commencing or sustaining a case against the 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 Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

Appears in 1 contract

Samples: Management Agreement (Bear Stearns Asset Backed Securities Inc)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the Master Servicer, the Administrator and the Indenture Trustee Transferor 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 Issuer, Issuer acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court of or government authority for the purpose of commencing or sustaining a case against the 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 Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

Appears in 1 contract

Samples: Transfer and Servicing Agreement (PNC Bank National Association/)

Nonpetition Covenants. Notwithstanding any prior termination of this AgreementAgreement or the Indenture, the Administrator and the Indenture Trustee Servicer shall not, prior to the date which is one (1) year and one (1) day after the termination satisfaction and discharge of this Agreement with respect to the IssuerIndenture, acquiesce, petition or otherwise invoke or cause the Issuer to invoke or join with any Person in provoking the process of any court of government authority Governmental Authority for the purpose of commencing or sustaining a an involuntary case against the Issuer under any Federal federal or state bankruptcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuer or any substantial part of its property, the property of the Issuer or ordering the dissolution, winding up or liquidation of the affairs of the Issuer.

Appears in 1 contract

Samples: Property Management & Real Estate

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the Administrator Administrator, the Issuer and the 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court of or government authority for the purpose of commencing or sustaining a case against the 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 Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

Appears in 1 contract

Samples: Administration Agreement (Hertz Corp)

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