Common use of Nonpetition Covenants Clause in Contracts

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Depositor, the Administrator, the Owner Trustee and the Indenture Trustee shall not at any time acquiesce, petition or otherwise invoke, or cooperate with or encourage others to acquiesce, petition or otherwise invoke, or cause the Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuer under any federal or state bankruptcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Depositor, the Administrator, the Owner Trustee Servicer and the Indenture Trustee Depositor shall not at any time not, prior to the date which is one year and one day after the termination of this Agreement with respect to the Issuing Entity, acquiesce, petition or otherwise invoke, or cooperate with or encourage others to acquiesce, petition or otherwise invoke, invoke or cause the Issuer Issuing Entity to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuer Issuing Entity under any federal or state bankruptcy, insolvency or similar law law, or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuer Issuing Entity or any substantial part of its their property, or ordering the winding up or liquidation of the affairs of the IssuerIssuing Entity.

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the Depositor, the Administrator, the Owner Trustee Servicer and the Indenture Trustee Seller shall not at any time not, prior to the date that is one year and one day after the termination of this Agreement, with respect to the Issuing Entity, acquiesce, petition or otherwise invoke, or cooperate with or encourage others to acquiesce, petition or otherwise invoke, invoke or cause the Issuer Issuing Entity to invoke the process of any court or government governmental authority for the purpose of commencing or sustaining a case against the Issuer Issuing Entity under any federal or state State bankruptcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuer Issuing Entity or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.Issuing

Nonpetition Covenants. (a) Notwithstanding any prior termination of this Agreement, the DepositorServicer, the AdministratorTransferor, the Owner Trustee and the Indenture Trustee (in its capacity as Indenture Trustee or Servicer) shall not at any time with respect to the Issuer, acquiesce, petition or otherwise invoke, or cooperate with or encourage others to acquiesce, petition or otherwise invoke, invoke or cause the Issuer to invoke the process of any court or government authority for the purpose of commencing or sustaining a case against the Issuer under any federal Federal or state bankruptcy, insolvency or similar law or appointing a receiver, liquidator, assignee, trustee, custodian, sequestrator or other similar official of the Issuer or any substantial part of its property, or ordering the winding up or liquidation of the affairs of the Issuer.