Common use of Nonpetition Covenants Clause in Contracts

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, none of the Servicer, the Seller and the Trust 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court 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 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)

AutoNDA by SimpleDocs

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, none of the Servicer, the Seller and or the Trust Collateral Agent Backup Servicer shall, prior to the date which is one (1) year and one (1) 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 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 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, none of the ServicerSeller, the Seller Administrator, the Owner Trustee and the Trust Collateral Agent shallIndenture 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court 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 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, none of the Servicer, the Seller Seller, the Owner Trustee and the Trust Collateral Agent shallIndenture 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court 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 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, none of the ServicerSeller, the Seller Administrator, the Owner Trustee and the Trust Collateral Agent shallIndenture 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court 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 9 contracts

Samples: Form of Administration Agreement (Bond Securitization LLC), Form of Administration Agreement (Capital One Auto Receivables LLC), Administration Agreement (Volkswagen Public Auto Loan Securitization LLC)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, none of the Servicer, the Seller and the Trust 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court 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 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, none of the ServicerSeller, the Seller Administrator, the Owner Trustee and the Trust Collateral Agent shallIndenture Trustee will not, prior to the date which is one (1) year and one (1) 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 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 7 contracts

Samples: Administration Agreement (Ford Credit Auto Owner Trust 2004-A), Administration Agreement (Ford Credit Auto Owner Trust 2005-A), Administration Agreement (Ford Credit Auto Receivables Two LLC)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, none of the ServicerDepositor, the Seller Administrator, the Owner Trustee and the Trust Collateral Agent shallIndenture Trustee shall not, prior to the date which is one (1) year and one (1) day after the termination payment of this Agreement with respect to the IssuerNotes in full, acquiesce, petition or otherwise invoke or cause the Issuer Issuing Entity to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuer Issuing Entity 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 Issuing Entity or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the IssuerIssuing Entity.

Appears in 6 contracts

Samples: Administration Agreement (Caterpillar Financial Funding Corp), Administration Agreement (Caterpillar Financial Funding Corp), Administration Agreement (Caterpillar Financial Funding Corp)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, none of the Servicer, neither the Seller and nor the Trust Collateral Agent Depositor Eligible Lender Trustee shall, prior to the date which is one (1) year and one (1) day after the termination of this Agreement with respect to the IssuerPurchaser, acquiesce, petition or otherwise invoke or cause the Issuer Purchaser to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuer Purchaser 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 Purchaser or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the IssuerPurchaser.

Appears in 6 contracts

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

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, none of the Servicer, Backup Servicer, Designated Backup Subservicer and the Seller and the Trust Collateral Agent shallshall not, prior to the date which is one (1) year and one (1) 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 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 4 contracts

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

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, none of the ServicerSeller, the Seller Administrator, the Owner Trustee and the Trust Collateral Agent shallIndenture 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court 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 4 contracts

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

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, none of the ServicerAgreement or any Series Supplement, the Seller Master Servicer and the Trust Collateral Agent shallSeller shall not, prior to the date which is one (1) year and one (1) day after the termination of this Agreement or any Series Supplement with respect to the Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court 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 4 contracts

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

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, none of the Servicer, parties hereto (except the Seller and the Trust Collateral Agent shallIssuer) shall not, prior to the date which that is one (1) year and one (1) 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 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 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: Sale and Servicing Agreement (Regions Auto Receivables Trust 2003-1), Sale and Servicing Agreement (Regions Auto Receivables Trust 2002-1), Sale and Servicing Agreement (Regions Acceptance LLC Regions Auto Receivables Tr 2003-2)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, none of the ServicerSeller, the Seller Administrator, the Owner Trustee and the Trust Collateral Agent shallIndenture 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 Issuer, acquiesce, petition join in, encourage or otherwise invoke or cause the Issuer to invoke the process of any court 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 3 contracts

Samples: Administration Agreement (Bank One Auto Securitization LLC), Administration Agreement (Bank One Auto Securitization Trust 2003-1), Administration Agreement (Amsouth Auto Receivables LLC)

Nonpetition Covenants. (a) . (a) Notwithstanding any prior termination of this Agreement, none of the ServicerAgreement or any Series Supplement, the Seller Master Servicer and the Trust Collateral Agent shallSeller shall not, prior to the date which is one (1) year and one (1) day after the termination of this Agreement or any Series Supplement with respect to the Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court 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 3 contracts

Samples: Master Sale and Servicing Agreement (Household Automotive Trust Iv Series 2000-1), Execution Copy Master Sale and Servicing Agreement (Household Automobile Revolving Trust I), Master Sale and Servicing Agreement (Household Automotive Trust v Series 2000 2)

Nonpetition Covenants. (a) A. Notwithstanding any prior termination of this Agreement, none of the Servicer, the Seller Administrator, the Interim Eligible Lender Trustee and the Trust Collateral Agent shallSeller 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 IssuerAgreement, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court 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: Master Administration Agreement (SLM Funding Corp), Administration Agreement (SLM Funding Corp), Administration Agreement (SLM Funding Corp)

AutoNDA by SimpleDocs

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, none of the Master Servicer, the Seller Administrator, the Eligible Lender Trustee and the Trust Collateral Agent shallSeller 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court 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 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, [none of of] the ServicerAdministrator [, the Seller Depositor] and the Trust Collateral Agent Indenture Trustee shall, prior to the date which is one (1) year and one (1) 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 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: Form of Administration Agreement (Bear Stearns Asset Backed Funding Inc)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, none of the Servicer, the Seller Transferor, the Owner Trustee and the Trust Collateral Agent shallIndenture 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court 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: Transfer and Servicing Agreement (Metlife Capital Equipment Loan Trusts)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, none of the Servicer, the Seller Backup Servicer, and the Trust Collateral Agent shallSeller 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a an involuntary 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. (a) Notwithstanding any prior termination of this Agreement, none of the Servicer, the Seller and or the Trust Collateral Agent Backup Servicer shall, prior to the date which is one (1) year and one (1) 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 or government authority for the 103 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 1 contract

Samples: Sale and Servicing (Consumer Portfolio Services Inc)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, none of the ServicerGroup II Administrator, the Seller Issuer and the Trust Collateral Agent shallTrustee shall not, prior to the date which is one (1) year and one (1) day after the termination payment in full of this Agreement with respect to all the Issuer, acquiesceNotes, petition or otherwise invoke invoke, join with, encourage or cooperate with any other party in invoking or cause the Issuer to invoke the process of any court 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: Group Ii Administration Agreement (Hertz Global Holdings Inc)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, none of the ServicerTransferor, the Seller Administrator, the Owner Trustee and the Trust Collateral Agent shallIndenture 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court 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 (Metlife Capital Equipment Loan Trusts)

Nonpetition Covenants. (ai) Notwithstanding any prior termination of this Agreement, none of the ServicerSeller, the Seller Administrator, the Owner Trustee and the Trust Collateral Agent shallIndenture 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 Issuer, acquiesce, petition join in, encourage or otherwise invoke or cause the Issuer to invoke the process of any court 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: Administration Agreement (Capital One Auto Receivables LLC)

Nonpetition Covenants. (a) Notwithstanding any prior termination of this AgreementSupplement, none of the Servicer, the Seller Administrator, the Eligible Lender Trustee and the Trust Collateral Agent shallDepositor shall not, prior to the date which is one (1) year and one (1) day after the termination payment in full of this Agreement with respect to the IssuerNotes, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court 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 (SLM Funding LLC)

Nonpetition Covenants. (a) a. Notwithstanding any prior termination of this Agreement, none of the ServicerSeller, the Seller Administrator, the Owner Trustee and the Trust Collateral Agent shallIndenture 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 Issuer, acquiesce, petition or otherwise invoke or cause the Issuer to invoke the process of any court 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: Administration Agreement (Wells Fargo Auto Receivables Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.