Common use of No Bankruptcy Petition Against the Company Clause in Contracts

No Bankruptcy Petition Against the Company. Each of the Pledgors, the Master Servicer and the Seller hereby covenants and agrees that, prior to the date which is one year and one day after the payment in full of all outstanding Commercial Paper or other indebtedness of the Company, it will not institute against, or join any other Person in instituting against, the Company any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

No Bankruptcy Petition Against the Company. Each of the PledgorsDebtor, the Master Servicer Agent, each Designated Seller and the Seller each Bank Investor hereby covenants and agrees that, prior to the date which is one year and one day after the payment in full of all outstanding 109 115 Commercial Paper or other indebtedness of the Company, it will not institute against, or join any other Person in instituting against, the Company any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

No Bankruptcy Petition Against the Company. Each of the PledgorsBorrower, the Master Servicer and the Seller hereby covenants and agrees that, prior to the date which is one year and one day after the payment in full of all outstanding Commercial Paper or other indebtedness of the Company, it will not institute against, or join any other Person in instituting against, the Company any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

No Bankruptcy Petition Against the Company. Each of the Pledgors, the Master Servicer parties hereto covenant and the Seller hereby covenants and agrees that, agree that prior to the date which is one year and one day after the payment in full of all outstanding Commercial Paper or other indebtedness of issued by the Company, Company it will not institute against, or join any other Person in instituting against, the Company or the Debtor, any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings proceedings, or other proceedings under any federal or state bankruptcy or similar proceeding under the laws of the United States or any state of the United Stateslaw.