Common use of Waiver of Right to Reject Executory Contract Clause in Contracts

Waiver of Right to Reject Executory Contract. To the extent that this Agreement or any provision thereof is deemed by any court to be an executory contract, the Member hereby waives, to the fullest extent permissible by law, any right to reject any term of this Agreement in any bankruptcy proceeding.

Appears in 47 contracts

Samples: Limited Liability Company Agreement (Honda Auto Receivables 2012-3 Owner Trust), Limited Liability Company Agreement (Honda Auto Receivables 2013-2 Owner Trust), Limited Liability Company Agreement (Honda Auto Receivables 2012-1 Owner Trust)

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Waiver of Right to Reject Executory Contract. To the extent that this Agreement or any provision thereof hereof is deemed by any court to be an executory contract, the Member hereby waives, to the fullest extent permissible by law, any right to reject any term of this Agreement in any bankruptcy proceeding.

Appears in 16 contracts

Samples: Limited Liability Company Agreement (Nissan Auto Leasing LLC Ii), Limited Liability Company Agreement (Nissan-Infiniti Lt), Limited Liability Company Agreement (Nissan-Infiniti Lt)

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