No Proceedings; Limitation on Payments. (a) Each of the Seller, the Administrative Agent, the Servicer, each Group Agent, each Purchaser and each assignee of Capital or any Yield thereof or of any other Seller Obligations agrees that it will not institute against, or join any other Person in instituting against, any Conduit Purchaser any Insolvency Proceeding so long as any Notes or other senior indebtedness issued by such Conduit Purchaser shall be outstanding or there shall not have elapsed one year plus one day since the last day on which any such Notes or other senior indebtedness shall have been outstanding.
Appears in 8 contracts
Samples: Receivables Purchase Agreement (DXC Technology Co), Receivables Purchase Agreement (Warner Bros. Discovery, Inc.), Receivables Purchase Agreement (Warner Bros. Discovery, Inc.)
No Proceedings; Limitation on Payments. (a) Each of the SellerBorrower, the Administrative Agent, the Servicer, each Group Agent, each Purchaser Lender and each assignee of Capital a Loan or any Yield thereof or of any other Seller Obligations interest therein, hereby covenants and agrees that it will not institute against, or join any other Person in instituting against, any Conduit Purchaser Lender any Insolvency Proceeding so long as any Notes or other senior indebtedness issued by such Conduit Purchaser Lender shall be outstanding or there shall not have elapsed one year plus one day since the last day on which any such Notes or other senior indebtedness shall have been outstanding.
Appears in 7 contracts
Samples: Receivables Financing Agreement (DCP Midstream, LP), Receivables Financing Agreement (DCP Midstream, LP), Receivables Financing Agreement (DCP Midstream, LP)
No Proceedings; Limitation on Payments. (a) Each of the SellerServicer, Borrower, the Administrative Agent, the Servicer, each Group Agent, each Purchaser Lender and each assignee of Capital or any Yield Interest thereof or of any other Seller Borrower Obligations agrees that it will not institute against, or join any other Person in instituting against, any Conduit Purchaser Lender any Insolvency Proceeding so long as any Notes or other senior indebtedness issued by such Conduit Purchaser Lender shall be outstanding or there shall not have elapsed one year plus one day since the last day on which any such Notes or other senior indebtedness shall have been outstanding.
Appears in 3 contracts
Samples: Receivables Financing Agreement (Concentrix Corp), Receivables Financing Agreement (Concentrix Corp), Receivables Financing Agreement (Concentrix Corp)
No Proceedings; Limitation on Payments. (a) Each of the Seller, the Administrative Agent, the Servicer, each Group Agent, each Purchaser Purchaser, each LC Participant and each assignee of Capital or any Yield thereof or of any other Seller Obligations agrees that it will not institute against, or join any other Person in instituting against, any Conduit Purchaser any Insolvency Proceeding so long as any Notes or other senior indebtedness issued by such Conduit Purchaser shall be outstanding or there shall not have elapsed one year plus one day since the last day on which any such Notes or other senior indebtedness shall have been outstanding.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Ashland Inc.), Receivables Purchase Agreement (Ashland Global Holdings Inc)
No Proceedings; Limitation on Payments. (a) Each of the SellerSellers, the Administrative Agent, the Servicer, each Group Agent, each Purchaser and each assignee of Capital or any Yield thereof or of any other Seller Obligations agrees that it will not institute against, or join any other Person in instituting against, any Conduit Purchaser any Insolvency Proceeding so long as any Notes or other senior indebtedness issued by such Conduit Purchaser shall be outstanding or there shall not have elapsed one year plus one day since the last day on which any such Notes or other senior indebtedness shall have been outstanding.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (OUTFRONT Media Inc.), Receivables Purchase Agreement (OUTFRONT Media Inc.)
No Proceedings; Limitation on Payments. (a) Each of the SellerBorrower, the Administrative Agent, the Servicer, each Group Agent, each Purchaser Lender and each assignee of Capital Loans or any Yield thereof interest therein or of any other Seller Borrower Obligations agrees that it will not institute against, or join any other Person in instituting against, any Conduit Purchaser Lender any Insolvency Proceeding Event of Bankruptcy so long as any Notes or other senior indebtedness issued by such Conduit Purchaser Lender shall be outstanding or there shall not have elapsed one year plus one day since the last day on which any such Notes or other senior indebtedness shall have been outstanding.
Appears in 2 contracts
Samples: Receivables Financing Agreement (Deluxe Corp), Receivables Financing Agreement (Agiliti, Inc. \De)
No Proceedings; Limitation on Payments. (a) Each of the Seller, the Administrative Agent, the Servicer, each Group Agent, each Purchaser and each assignee of Capital or any Yield thereof or of any other Seller Obligations agrees that it will not institute against, or join any other Person in instituting against, any Conduit Purchaser any Insolvency Proceeding Event of Bankruptcy so long as any Notes or other senior indebtedness issued by such Conduit Purchaser shall be outstanding or there shall not have elapsed one year plus one day since the last day on which any such Notes or other senior indebtedness shall have been outstanding.
Appears in 2 contracts
Samples: Receivables Purchase Agreement (Newell Brands Inc.), Receivables Purchase Agreement (Chemours Co)
No Proceedings; Limitation on Payments. (a) Each of the SellerBorrower, the Administrative Agent, the Servicer, each Group Agent, the LC Bank, each Purchaser LC Participant, each Lender and each assignee of Capital a Loan or any Yield thereof or of any other Seller Obligations interest agrees that it will not institute against, or join any other Person in instituting against, any Conduit Purchaser Lender any Insolvency Proceeding so long as any Notes or other senior indebtedness issued by such Conduit Purchaser Lender shall be outstanding or there shall not have elapsed one year plus one day since the last day on which any such Notes or other senior indebtedness shall have been outstanding.
Appears in 1 contract
Samples: Receivables Financing Agreement (Foresight Energy LP)
