NON-PETITION AND LIMITED RECOURSE. 7.1 Each of the parties hereto hereby agrees that it shall not institute against any of the SPV Companies any winding-up, administration, insolvency or similar proceedings in any jurisdiction for so long as any sum is outstanding under the Notes of any Issuer or for two years plus one day since the last day on which any such sum was outstanding.
Appears in 11 contracts
Samples: Issuer Corporate Services Agreement (Granite Mortgages 03-3 PLC), Issuer Corporate Services Agreement (Granite Mortgages 04-2 PLC), Issuer Corporate Services Agreement (Granite Mortgages 02-2 PLC)
