Common use of Nonpetition Clause in Contracts

Nonpetition. During the term of this Agreement and for one year and one day after payment in full of the Notes, none of the parties hereto or any Affiliate thereof will file any involuntary petition or otherwise institute any bankruptcy, reorganization, arrangement, insolvency, examinership or liquidation proceeding or other proceeding under any federal or state bankruptcy or similar law against any Person within the Serviced Group thereof.

Appears in 5 contracts

Samples: Servicing Agreement, Servicing Agreement (Willis Lease Finance Corp), Servicing Agreement (Willis Lease Finance Corp)

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Nonpetition. During the term of this Agreement and for one year and one day after payment in full of the Notes, none of the parties hereto or any Affiliate thereof will file any involuntary petition or otherwise institute any bankruptcy, reorganization, arrangement, insolvency, examinership or liquidation proceeding or other proceeding under any federal or state bankruptcy or similar law against WEST or any Person within other Managed Group Member thereof; provided, however, that nothing shall prevent the Serviced Group thereofAdministrative Agent from otherwise participating in such bankruptcy or other proceeding instituted by any other Secured Party or other Person.

Appears in 4 contracts

Samples: Administrative Agency Agreement (Willis Lease Finance Corp), Administrative Agency Agreement (Willis Lease Finance Corp), Administrative Agency Agreement (Willis Lease Finance Corp)

Nonpetition. During the term of this Agreement and for one year and one day after payment in full of the Notes, none of the parties hereto or any Affiliate thereof will file any involuntary petition or otherwise institute any bankruptcy, reorganization, arrangement, insolvency, examinership insolvency or liquidation proceeding or other proceeding under any federal or state bankruptcy or similar law against the Borrower or any Person within the Serviced Group Subsidiary thereof.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Willis Lease Finance Corp), Revolving Credit Agreement (Willis Lease Finance Corp), Revolving Credit Agreement (Willis Lease Finance Corp)

Nonpetition. During the term of this Agreement and for one year and one day after payment in full of the Notes, none of the parties hereto or any Affiliate thereof will file any involuntary petition or otherwise institute any bankruptcy, reorganization, arrangement, insolvency, examinership or liquidation proceeding or other proceeding under any federal or state bankruptcy or similar law against WEST or any Person within the Serviced Group Subsidiary thereof.

Appears in 2 contracts

Samples: Servicing Agreement (Willis Lease Finance Corp), Agency Agreement (Willis Lease Finance Corp)

Nonpetition. During the term of this Agreement and for one year and one day after payment in full of the Notes, none of the parties hereto or any Affiliate thereof will file any involuntary petition or otherwise institute any bankruptcy, reorganization, arrangement, insolvency, examinership insolvency or liquidation proceeding or other proceeding under any federal or state bankruptcy or similar law against WEST or any Person within the Serviced Group Subsidiary thereof.

Appears in 2 contracts

Samples: Servicing Agreement, Servicing Agreement (Willis Lease Finance Corp)

Nonpetition. During the term of this Agreement and for one year and one day after payment in full of the Notes, none of the parties hereto or any Affiliate thereof will file any involuntary petition or otherwise institute any bankruptcy, reorganization, arrangement, insolvency, examinership or liquidation proceeding or other proceeding under any federal or state bankruptcy or similar law against any Person within the Serviced Group thereof. SECTION 13.12.

Appears in 1 contract

Samples: Execution Version Servicing Agreement (Willis Lease Finance Corp)

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Nonpetition. During the term of this Agreement and for one year and one day after payment in full of the Notes, none of the parties hereto or any Affiliate thereof will file any involuntary petition or otherwise institute any bankruptcy, reorganization, arrangement, insolvency, examinership insolvency or liquidation proceeding or other proceeding under any federal or state bankruptcy or similar law against the Borrower or any Person within the Serviced Group Subsidiary thereof. Section 7.08.

Appears in 1 contract

Samples: Credit Agreement (Willis Lease Finance Corp)

Nonpetition. During the term of this Servicing Agreement and for one year and one day after payment in full of the Notes, none of the parties hereto or any Affiliate thereof will file any involuntary petition or otherwise institute any bankruptcy, reorganization, arrangement, insolvency, examinership insolvency or liquidation proceeding or other proceeding under any federal or state bankruptcy or similar law against any Person within LFC VI or the Serviced Group thereofIssuer.

Appears in 1 contract

Samples: Servicing Agreement (Nova Corp \Ga\)

Nonpetition. During the term of this Agreement and for one year and one day after payment in full of the Notes, none of the parties hereto or any Affiliate thereof will file any involuntary petition or otherwise institute any bankruptcy, reorganization, arrangement, insolvency, examinership or liquidation proceeding or other proceeding under any federal or state bankruptcy or similar law against WEST or any Person within other Managed Group Member thereof; provided, however, that nothing shall prevent the Serviced Group thereof.Administrative Agent from otherwise participating in such bankruptcy or other proceeding instituted by any other Secured Party or other Person. SECTION 10.12

Appears in 1 contract

Samples: Administrative Agency Agreement (Willis Lease Finance Corp)

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