Common use of Nonpetition Covenants Clause in Contracts

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the parties hereto shall not, prior to the date that is one year and one day after the termination of this Agreement with respect to the Issuer or the Depositor, acquiesce, petition or otherwise invoke or cause the 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 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 Issuer or the Depositor or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer or the Depositor.

Appears in 92 contracts

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

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Nonpetition Covenants. Notwithstanding any prior termination of this AgreementAgreement or the Indenture, the parties hereto Servicer shall not, prior to the date that which is one year and one day after the termination satisfaction and discharge of this Agreement with respect to the Issuer or the DepositorIndenture, acquiesce, petition or otherwise invoke or cause the Issuer or the Depositor to invoke or join with any Person in provoking the process of any court or government authority Governmental Authority for the purpose of commencing or sustaining a an involuntary case against the Issuer or the Depositor 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 Issuer or the Depositor 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 or the DepositorIssuer.

Appears in 17 contracts

Samples: Transition Property Servicing Agreement (Entergy Texas, Inc.), Transition Property Servicing Agreement (Entergy Texas, Inc.), Transition Property Servicing Agreement (Entergy Texas, Inc.)

Nonpetition Covenants. Notwithstanding any prior termination of this AgreementAgreement or the Indenture, the parties hereto Servicer shall not, prior to the date that which is one year and one day after the termination satisfaction and discharge of this Agreement with respect to the Issuer or the DepositorIndenture, acquiesce, petition or otherwise invoke or cause the Issuer or the Depositor to invoke or join with any Person in provoking the process of any court or government authority Governmental Authority for the purpose of commencing or sustaining a an involuntary case against the Issuer or the Depositor 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 Issuer or the Depositor 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 or the DepositorIssuer.

Appears in 6 contracts

Samples: Property Servicing Agreement (Appalachian Consumer Rate Relief Funding LLC), Property Servicing Agreement (Appalachian Consumer Rate Relief Funding LLC), Property Servicing Agreement (Appalachian Consumer Rate Relief Funding LLC)

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

Appears in 3 contracts

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

Nonpetition Covenants. Notwithstanding any prior termination of this AgreementAgreement or the Indenture, the parties hereto Servicer shall not, prior to the date that which is one year and one day after the termination of this Agreement the Indenture, with respect to the Issuer or the DepositorIssuer, acquiesce, petition or otherwise invoke or cause the Issuer or the Depositor to invoke or join with any Person in provoking the process of any court or government authority Governmental Authority for the purpose of commencing or sustaining a case against the Issuer or the Depositor 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 Issuer or the Depositor 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 or the DepositorIssuer.

Appears in 3 contracts

Samples: Transition Property Servicing Agreement (Txu Electric Delivery Transition Bond Co LLC), Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC), Transition Property Servicing Agreement (Oncor Electric Delivery Transition Bond Co LLC)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, neither the parties hereto shall notAdministrator nor the Trustee shall, prior to the date that which is one year and one day after the termination payment in full of this Agreement with respect to the Issuer or the Depositor, acquiescelast Outstanding Indenture Note, petition or otherwise invoke invoke, join with, encourage or cooperate with any other party in invoking or cause the 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 Issuer or the Depositor 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 the Depositor or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer or the DepositorIssuer.

Appears in 2 contracts

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

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the parties hereto shall not, prior to the date that is one year and one day after the termination of this Agreement with respect to the Issuer or the Depositor, acquiesce, petition or otherwise invoke or cause the 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 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 Issuer or the Depositor or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer or the Depositor.. 32 (2018-B Sale and Servicing Agreement)

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2018-B), Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2018-B)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the parties hereto shall not, prior to the date that is one year and one day after the termination of this Agreement with respect to the Issuer or the Depositor, acquiesce, petition or otherwise invoke or cause the 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 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 Issuer or the Depositor or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer or the Depositor.. 32 (2018-A Sale and Servicing Agreement)

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Hyundai Abs Funding LLC), Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2018-A)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the parties hereto shall not, prior to the date that is one year and one day after the termination of this Agreement with respect to the Issuer or the Depositor, acquiesce, petition or otherwise invoke or cause the 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 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 Issuer or the Depositor or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer or the Depositor.. 32 (2019-A Sale and Servicing Agreement)

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Hyundai Abs Funding LLC), Sale and Servicing Agreement (Hyundai Abs Funding LLC)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the parties hereto Group I Administrator, the Issuer and the Trustee shall not, prior to the date that which is one year and one day after the termination payment in full of this Agreement with respect to all the Issuer or the Depositor, acquiesceNotes, petition or otherwise invoke invoke, join with, encourage or cooperate with any other party in invoking or cause the 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 Issuer or the Depositor 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 the Depositor or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer or the DepositorIssuer.

Appears in 1 contract

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

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the parties hereto Servicer and the Depositor shall not, prior to the date that which is one year and one day after the termination of this Agreement with respect to the Issuer or the Depositoror, acquiesce, petition or otherwise invoke or cause the 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 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 Issuer or the Depositor or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer or the Depositor.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Citigroup Vehicle Securities Inc)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the parties hereto Depositor, the Administrator, the Owner Trustee and the Indenture Trustee shall not, prior to the date that which is one year and one day after the termination of this Agreement with respect to the Issuer or the DepositorIssuer, acquiesce, petition or otherwise invoke or cause the 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 Issuer or the Depositor 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 Issuer or the Depositor or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer or the DepositorIssuer.

Appears in 1 contract

Samples: Administration Agreement (Usaa Federal Savings Bank)

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

Appears in 1 contract

Samples: Sale and Servicing Agreement (World Omni Auto Receivables Trust 2007-A)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the parties hereto shall not, prior to the date that is one year and one day after the termination of this Agreement with respect to the Issuer or the Depositor, acquiesce, petition or otherwise invoke or cause the 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 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 Issuer or the Depositor or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer or the Depositor.. 49 (2015-C Sale and Servicing Agreement)

Appears in 1 contract

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2015-C)

Nonpetition Covenants. Notwithstanding any prior --------------------- termination of this Agreement, the parties hereto Servicer and the Depositor shall not, prior to the date that which is one year and one day after the termination of this Agreement with respect to the Issuer or the Depositoror, acquiesce, petition or otherwise invoke or cause the 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 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 Issuer or the Depositor or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer or the Depositor.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Morgan Stanley Abs Capital Ii Inc)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the parties hereto shall not, prior to the date that is one year and one day after the termination of this Agreement with respect to the Issuer or the Depositor, acquiesce, petition or otherwise invoke or cause the 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 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 Issuer or the Depositor or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer or the Depositor.. 48 (2015-A Sale and Servicing Agreement)

Appears in 1 contract

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2015-A)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the parties hereto shall not, prior to the date that is one year and one day after the termination of this Agreement with respect to the Issuer or the Depositor, acquiesce, petition or otherwise invoke or cause the 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 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 Issuer or the Depositor or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer or the Depositor.. 48 (2015-B Sale and Servicing Agreement)

Appears in 1 contract

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2015-B)

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the parties hereto Group II Administrator, the Issuer and the Trustee shall not, prior to the date that which is one year and one day after the termination payment in full of this Agreement with respect to all the Issuer or the Depositor, acquiesceNotes, petition or otherwise invoke invoke, join with, encourage or cooperate with any other party in invoking or cause the 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 Issuer or the Depositor 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 the Depositor or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer or the DepositorIssuer.

Appears in 1 contract

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

Nonpetition Covenants. Notwithstanding any prior termination of this Agreement, the parties hereto shall not, prior to the date that is one year and one day after the termination of this Agreement with respect to the Issuer or the Depositor, acquiesce, petition or otherwise invoke or cause the 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 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 Issuer or the Depositor or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer or the Depositor.. 36 (2022-A Sale and Servicing Agreement)

Appears in 1 contract

Samples: Sale and Servicing Agreement (Hyundai Auto Receivables Trust 2022-A)

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