Common use of No Petition Clause in Contracts

No Petition. The Owner Trustee, by entering into this Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the Certificates, the Notes, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 80 contracts

Samples: Trust Agreement (GSC Capital Corp. Mortgage Trust 2006-2), Trust Agreement (Cwabs Trust 2005-Hyb9), Trust Agreement (GSC Capital Corp. Mortgage Trust 2006-1)

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No Petition. The Owner Trustee, by entering into this Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the Certificates, the NotesBonds, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 52 contracts

Samples: Trust Agreement (Impac CMB Trust Series 2005-8), Trust Agreement (Impac Secured Assets Corp), Trust Agreement (IMH Assets Corp., Collateralized Asset-Backed Bonds, Series 2005-6)

No Petition. The Owner Trustee, by entering into this Trust Agreement Agreement, and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings Proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the Certificates, the Notes, this Trust Agreement or any of the other Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 49 contracts

Samples: Trust Agreement (BellaVista Finance CORP), Trust Agreement (Phoenix Residential Securities, LLC), Trust Agreement (SG Mortgage Securities, LLC)

No Petition. The Owner Trustee, by entering into this Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations with respect to the Certificates, the Notes, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 19 contracts

Samples: Trust Agreement (Home Loan Trust 2006-Hi5), Trust Agreement (Home Loan Trust 2006-Hi4), Trust Agreement (Home Loan Trust 2006-Hi1)

No Petition. The Owner Trustee, by entering into this Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the Certificates, the NotesBonds, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.]

Appears in 16 contracts

Samples: Trust Agreement (Long Beach Securities Corp), Trust Agreement (Ab Mortgage Securities Corp), Trust Agreement (Ameriquest Mortgage Securities Inc)

No Petition. The Owner Trustee, by entering into this Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the Certificates, the Notes, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.]

Appears in 12 contracts

Samples: Trust Agreement (Shellpoint Mortgage Acceptance LLC), Trust Agreement (Credit Suisse First Boston Mortgage Securities Corp), Trust Agreement (MILA Mortgage Acceptance, Inc.)

No Petition. The Owner Trustee, by entering into this Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the Certificates, the Notes, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 10 contracts

Samples: Trust Agreement (MSCC HELOC Trust 2007-1), Trust Agreement (Deutsche Mortgage Securities Inc), Trust Agreement (Home Equity Loan Trust 2006-Hsa4)

No Petition. The Owner Trustee, by entering into this Trust Agreement Agreement, and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the Certificates, the Notes, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 10 contracts

Samples: Trust Agreement (American Home Mortgage Investment Trust 2005-4), Trust Agreement (American Home Mortgage Investment Trust 2005-4), Trust Agreement (American Home Mortgage Investment Trust 2005-3)

No Petition. The Owner Trustee, by entering into this Trust Agreement Agreement, and each Certificateholder, by accepting its acceptance of a Certificate, hereby covenant covenants and agree agrees that they will not at any time institute against the Depositor or the Trust, or join in any the institution against the Depositor or the Trust of, any bankruptcy proceedings Proceeding under or in relation to any United States federal or state bankruptcy or similar law in connection with any obligations with respect to the CertificatesCertificate, the Notes, this Trust Agreement or any of the other Basic Documents. This Section shall survive for one year following the termination of this Trust AgreementDocument.

Appears in 9 contracts

Samples: Trustee Trust Agreement (Irwin Whole Loan Home Equity Trust 2005-A), Trust Agreement (Irwin Home Equity Loan Trust 2005-1), Trust Agreement (Bear Stearns Asset Backed Securities Inc)

No Petition. The Owner Trustee, by entering into this Owner Trust Agreement and each the Certificateholder, by accepting a the Certificate, hereby covenant and agree that they will not at any time not, prior to the day that is one year and one day after the date this Agreement terminates, institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the CertificatesCertificate, the Notes, this Owner Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 9 contracts

Samples: Owner Trust Agreement (DLJ Mortgage Acceptance Corp), Owner Trust Agreement (Cendant Mortgage Capital LLC), Owner Trust Agreement (Nomura Home Equity Loan, Inc.)

No Petition. The To the fullest extent permitted by applicable law, the Owner Trustee, by entering into this Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the Certificates, the Notes, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 8 contracts

Samples: Trust Agreement (GSR Trust 2005-Hel1), Trust Agreement (SACO I Trust 2006-8), Trust Agreement (Saco I Trust 2005-Gp1)

No Petition. The Owner Trustee, by entering into this Trust Agreement Agreement, and each Certificateholder, by accepting a Certificate, hereby covenant covenants and agree agrees that they it will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings Proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the Certificates, the Notes, this Trust Agreement or any of the other Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 7 contracts

Samples: Trust Agreement (Wachovia Mortgage Loan Trust, LLC), Trust Agreement (Wachovia Asset Securitization Inc 2002 He2 Trust), Trust Agreement (Wachovia Asset Securitization Inc 2002 He2 Trust)

No Petition. The Owner Trustee, by entering into this Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the Certificates, the NotesBonds, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 6 contracts

Samples: Trust Agreement (National City Mortgage Capital LLC), Trust Agreement (Park Place Securities, Inc.), Trust Agreement (Argent Securities Inc)

No Petition. The Owner Trustee, by entering into this Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant covenants and agree agrees that they will not at any time not, prior to the day that is one year and one day after the date this Trust Agreement terminates, institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to under the Certificates, the Notes, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 5 contracts

Samples: Trust Agreement (Home Equity Mortgage Trust 2007-1), Trust Agreement (Irwin Whole Loan Home Equity Trust 2005-C), Trust Agreement (Irwin Whole Loan Home Equity Trust 2005-B)

No Petition. The Owner Trustee, by entering into this Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor Company or the Trust, or join in any institution against the Depositor Company or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the Certificates, the NotesBonds, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 4 contracts

Samples: Trust Agreement (Novastar Mortgage Funding Corp), Trust Agreement (Novastar Mortgage Funding Corp), Trust Agreement (Novastar Mortgage Funding Corp)

No Petition. The Owner Trustee, by entering into this Trust Agreement Agreement, and each the Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the CertificatesCertificate, the Notes, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 4 contracts

Samples: Trust Agreement (American Home Mortgage Investment Trust 2006-2), Trust Agreement (American Home Mortgage Investment Trust 2006-1), Trust Agreement (American Home Mortgage Investment Trust 2006-3)

No Petition. The Owner Trustee, by entering into this Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor Company or the Trust, or join in any institution against the Depositor Company or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the Certificates, the Notes, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 4 contracts

Samples: Trust Agreement (Merrill Lynch Mortgage Investors Inc), Trust Agreement (Pacificamerica Money Center Inc), Trust Agreement (Pacificamerica Money Center Inc)

No Petition. The Owner Trustee, by entering into this Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant covenants and agree agrees that they will not at any time not, prior to the day that is one year and one day after the date this Trust Agreement terminates, institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to under the Certificates, the Notes, this Trust Agreement or any of the Basic other Operative Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 2 contracts

Samples: Trust Agreement (Merrill Lynch Mortgage Investors Trust, Series 2007-Sl1), Trust Agreement (Merrill Lynch Mortgage Investors Trust, Series 2006-Sl2)

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No Petition. The Owner Trustee, by entering into this Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the CertificatesCertificate, the Notes, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 2 contracts

Samples: Trust Agreement (Citigroup HELOC Trust 2006-Ncb1), Trust Agreement (Citigroup Mortgage Loan Trust 2006-Ar1)

No Petition. The Owner Trustee, by entering into this Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will theywill not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor theDepositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations with respect to the Certificates, the Notes, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 2 contracts

Samples: Trust Agreement (Residential Funding Mortgage Securities Ii Inc), Trust Agreement (Residential Funding Mortgage Securities Ii Inc)

No Petition. The Owner Trustee, by entering into this Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the Certificates, the Notes, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.[NY01:241702.4] 16069-00382 12/19/96 10:59pm 34

Appears in 2 contracts

Samples: Trust Agreement (Residential Funding Mortgage Securities Ii Inc), Trust Agreement (Residential Funding Mortgage Securities Ii Inc)

No Petition. The Owner Trustee, by entering into this Owner Trust Agreement and each Certificateholder, by accepting a Equity Certificate, hereby covenant and agree that they will not at any time institute against the Transferor, the Depositor or the Trust, or join in any institution against the Transferor, the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the Equity Certificates, the Notes, this Owner Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Owner Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Salomon Br Mor Sec Vii Inc Series 1998-11)

No Petition. The Owner Trustee, by entering into this ----------- Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the Certificates, the NotesBonds, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Imh Assets Corp)

No Petition. The Owner Trustee, by entering into this Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the Certificates, the Notes, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.[NY01:244536.6] 16069-00376 01/29/97 10:52pm 35

Appears in 1 contract

Samples: Trust Agreement (Residential Funding Mortgage Securities Ii Inc)

No Petition. The Owner Trustee, by entering into this Trust Agreement and Agreement, each CertificateholderOwner, by accepting a Certificate, Trust Certificate hereby covenant and agree that they will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings, or other proceedings under any United States federal Federal or state bankruptcy or similar law in connection with any obligations relating to the Trust Certificates, the Notes, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (American Business Financial Services Inc /De/)

No Petition. The Owner Trustee, by entering into this Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the Certificates, the Notes, this Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.[TPW: NY01:631506.5] 16069-00438 02/02/98 11:03AM 34

Appears in 1 contract

Samples: Trust Agreement (Residential Funding Mortgage Securities Ii Inc)

No Petition. The Owner Trustee, by entering into this Owner Trust Agreement and each the Certificateholder, by accepting a Certificate, hereby covenant covenants and agree agrees that they it will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations with respect to the CertificatesCertificate, the Notes, this Owner Trust Agreement or any of the Basic Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 1 contract

Samples: Owner Trust Agreement (Residential Funding Mortgage Securities Ii Inc)

No Petition. The Owner Trustee, by entering into this Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations to the Certificates, the Notes, this Trust Agreement or any of the Basic Transaction Documents. This Section shall survive for one year following the termination of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (Morgan Stanley Abs Capital I Inc)

No Petition. The Owner Trustee, by entering into this Trust Agreement and each Certificateholder, by accepting a Certificate, hereby covenant and agree that they will not at any time institute against the Depositor or the Trust, or join in any institution against the Depositor or the Trust of, any bankruptcy proceedings under any United States federal or state bankruptcy or similar law in connection with any obligations with respect to the Certificates, the Notes, this Trust Agreement or any of the Basic Documents. This Section section shall survive for one year following the termination of this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement (C-Bass Mortgage Loan as-BCK Nt Sal Mort Ln Tr Ser 2001-Cb4)

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