Common use of Nonpetition Clause in Contracts

Nonpetition. Indenture Trustee shall not petition or otherwise invoke the process of any Governmental Authority for the purpose of commencing or sustaining a case against Issuer or Transferor under any federal or state bankruptcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of Issuer or Transferor any substantial part of its respective property, or ordering the winding up or liquidation of the affairs of Issuer or Transferor.

Appears in 3 contracts

Samples: Indenture (Provident Lease Receivables Corp), Indenture (Provident Lease Receivables Corp), Indenture (Provident Lease Receivables Corp)

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Nonpetition. Indenture The Trustee shall not petition or otherwise invoke the process of any Governmental Authority for the purpose of commencing or sustaining a case against the Issuer or Transferor under any federal or state bankruptcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of Issuer the Trust or Transferor any substantial part of its respective property, or ordering the winding up or liquidation of the affairs of Issuer or Transferorthe Trust.

Appears in 2 contracts

Samples: Ikon Receivables LLC, Copelco Capital Funding LLC 99-1

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Nonpetition. Indenture The Trustee shall not petition or otherwise invoke the process of any Governmental Authority for the purpose of 91 commencing or sustaining a case against Issuer or Transferor the Company under any federal or state bankruptcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of Issuer the Company or Transferor any substantial part of its respective property, or ordering the winding up or liquidation of the affairs of Issuer or Transferorthe Company.

Appears in 1 contract

Samples: Execution Copy (Copelco Capital Funding Corp X)

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