Common use of Bankruptcy Petition Clause in Contracts

Bankruptcy Petition. (a) Each Originator and the Buyer covenant and agree that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of all Conduits, it will not institute against, or join any other Person in instituting against, any Conduit 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.

Appears in 3 contracts

Samples: Receivables Purchase and Sale Agreement (Mohawk Industries Inc), Receivables Purchase (Mohawk Industries Inc), Receivables Purchase (Mohawk Industries Inc)

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Bankruptcy Petition. (a) Each Originator and the Buyer covenant each hereby covenants and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness Indebtedness of all ConduitsConduit, it will not institute against, or join any other Person in instituting against, any Conduit 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.

Appears in 3 contracts

Samples: Receivables Sale Agreement (Pennsylvania Electric Co), Receivables Sale Agreement (Pennsylvania Electric Co), Receivables Sale Agreement (Pennsylvania Power Co)

Bankruptcy Petition. (a) Each Originator Provider hereby covenants and the Buyer covenant and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness Indebtedness of all ConduitsConduit, it will not institute against, or join any other Person in instituting against, any Conduit 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.

Appears in 3 contracts

Samples: Receivables Purchase Agreement (Patterson Companies, Inc.), Receivables Purchase Agreement (Patterson Companies, Inc.), Receivables Purchase Agreement (Patterson Companies, Inc.)

Bankruptcy Petition. (a) Each Originator and the Buyer covenant each hereby covenants and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of all Conduitsthe Conduit Purchasers, it will not institute against, or join any other Person in instituting against, any Conduit Purchaser 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.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Amerisourcebergen Corp), Receivables Sale Agreement (Amerisourcebergen Corp)

Bankruptcy Petition. (a) Each Originator and the Buyer covenant each hereby covenants and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of all Conduitsa Conduit, it will not institute against, or join any other Person in instituting against, any such Conduit 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.States.(24)

Appears in 2 contracts

Samples: Securitization Property Servicing Agreement (Consumers Energy Co), Securitization Property Servicing Agreement (Consumers Energy Co)

Bankruptcy Petition. (a) Each Originator and the Buyer covenant each hereby covenants and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of all Conduitsthe Conduit Purchasers, it will not institute against, or join any other Person in instituting against, any Conduit Purchaser 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.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Amerisourcebergen Corp), Receivables Sale Agreement (Henry Schein Inc)

Bankruptcy Petition. (a) Each Originator and the Buyer covenant each hereby covenants and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of all ConduitsConduit, it will not institute against, or join any other Person in instituting against, any Conduit 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.

Appears in 2 contracts

Samples: Receivables Sale Agreement (CMS Energy Corp), Receivables Sale Agreement (CMS Energy Corp)

Bankruptcy Petition. (a) Each Originator and the Buyer covenant each hereby covenants and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness Indebtedness of all Conduitsany Conduit, it will not institute against, or join any other Person in instituting against, any such Conduit 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.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Timken Co), Receivables Sale Agreement (Timken Co)

Bankruptcy Petition. (a) Each Originator Seller and the Buyer hereby covenant and agree that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of all Conduitsany Conduit Lender (as defined in the Loan Agreement), it will not institute against, or join any other Person in instituting against, any Conduit Lender 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.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Bowater Inc), Receivables Sale Agreement (Bowater Inc)

Bankruptcy Petition. (a) Each Originator and the Buyer covenant each hereby covenants and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of all Conduitsany Conduit Lender, it will not institute against, or join any other Person in instituting against, any Conduit Lender 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.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Puget Sound Energy Inc), Receivables Sale Agreement (Puget Energy Inc /Wa)

Bankruptcy Petition. (a) Each Originator and the Buyer covenant each hereby covenants and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness Indebtedness of all any Conduits, it will not institute against, or join any other Person in instituting against, any such Conduit 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.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Johnsondiversey Inc), Receivables Sale Agreement (Johnsondiversey Holdings Inc)

Bankruptcy Petition. (a) Each Originator Provider hereby covenants and the Buyer covenant and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of all Conduitsany Conduit, it will not institute against, or join any other Person in instituting against, any such Conduit 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.

Appears in 1 contract

Samples: Assignment Agreement (Energizer Holdings Inc)

Bankruptcy Petition. (a) Each Originator and the Buyer covenant each hereby covenants and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of all Conduitsa Conduit, it will not institute against, or join any other Person in instituting against, any such Conduit 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.

Appears in 1 contract

Samples: Receivables Sale Agreement (CMS Energy Corp)

Bankruptcy Petition. (a) Each Originator Provider hereby covenants and the Buyer covenant and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of all Conduitsthe any Conduit, it will not institute against, or join any other Person in instituting against, any the such Conduit 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.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Energizer Holdings Inc)

Bankruptcy Petition. (a) Each The Originator hereby covenants and the Buyer covenant and agree agrees that, prior to the date that which is one year and one day after the payment in full of all outstanding senior indebtedness Indebtedness of all Conduitseach Conduit, it will not institute against, or join any other Person in instituting against, any Conduit 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.

Appears in 1 contract

Samples: Transfer Agreement (Bon Ton Stores Inc)

Bankruptcy Petition. (a) Each Originator Seller hereby covenants and the Buyer covenant and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness Indebtedness of all Conduitsany Conduit, it will not institute against, or join any other Person in instituting against, any such Conduit 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.

Appears in 1 contract

Samples: Receivables Sale Agreement (Trendwest Resorts Inc)

Bankruptcy Petition. (a) Each Originator and the Buyer covenant hereby covenants and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of all Conduitsany Conduit Lender, it will not institute against, or join any other Person in instituting against, any such Conduit Lender 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.

Appears in 1 contract

Samples: Receivables Contribution and Sale Agreement (Jarden Corp)

Bankruptcy Petition. (a) Each Originator hereby covenants and the Buyer covenant and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness Indebtedness of all ConduitsConduit, it will not institute against, or join any other Person in instituting against, any Conduit 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.

Appears in 1 contract

Samples: Receivables Sale Agreement (Trendwest Resorts Inc)

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Bankruptcy Petition. (a) Each Originator and the Buyer covenant each hereby covenants and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness Indebtedness of all Conduitsa Conduit, it will not institute against, or join any other Person in instituting against, any such Conduit 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.

Appears in 1 contract

Samples: Receivables Sale Agreement (Anixter International Inc)

Bankruptcy Petition. (a) Each Originator and the Buyer covenant hereby covenants ------------------- and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness Indebtedness of all Conduitsa Conduit, it will not institute against, or join any other Person in instituting against, any against such Conduit 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.

Appears in 1 contract

Samples: Receivables Sale Agreement (Owens & Minor Inc/Va/)

Bankruptcy Petition. (a) Each Originator and the Buyer covenant each hereby covenants and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness Indebtedness of all Conduitsany Conduit, it will not institute against, or join any other Person in instituting against, any such Conduit 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.

Appears in 1 contract

Samples: Receivables Sale Agreement (Pioneer Standard Electronics Inc)

Bankruptcy Petition. (a) Each Originator and the Buyer covenant each hereby covenants and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness Indebtedness of all Conduitseach Conduit, it will not institute against, or join any other Person in instituting against, any Conduit such Conduit, as applicable, 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.

Appears in 1 contract

Samples: Receivables Sale Agreement (LKQ Corp)

Bankruptcy Petition. (a) Each Originator and the Buyer covenant each hereby covenants and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of all Conduitsthe Conduit Purchaser, it will not institute against, or join any other Person in instituting against, any against the Conduit Purchaser 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.

Appears in 1 contract

Samples: Receivable Sale Agreement (Ferrellgas Partners Finance Corp)

Bankruptcy Petition. (a) Each Originator and the Buyer covenant each hereby covenants and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of all Conduitsthe Conduit, it will not institute against, or join any other Person in instituting against, any the Conduit 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.

Appears in 1 contract

Samples: Receivables Sale Agreement (Vitro Sa De Cv)

Bankruptcy Petition. (a) Each Originator of the Originators and the Buyer covenant each hereby covenants and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of all Conduitsany Conduit Purchaser, it will not institute against, or join any other Person in instituting against, any Conduit Purchaser 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.

Appears in 1 contract

Samples: Receivables Sale Agreement (Newell Brands Inc.)

Bankruptcy Petition. (a) Each The Originator and the Buyer covenant each hereby covenants and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of all Conduitsa Conduit, it will not institute against, or join any other Person in instituting against, any such Conduit 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.

Appears in 1 contract

Samples: Receivables Sale Agreement (Universal Health Services Inc)

Bankruptcy Petition. (a) Each Originator Seller hereby covenants and the Buyer covenant and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness Indebtedness of all Conduitseach Conduit, it will not institute against, or join any other Person in instituting against, any such Conduit 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.

Appears in 1 contract

Samples: Receivables Transfer Agreement (Trendwest Resorts Inc)

Bankruptcy Petition. (a) Each Originator Seller and the Buyer covenant each hereby covenants and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness Indebtedness of all Conduitsa Conduit, it will not institute against, or join any other Person in instituting against, any such Conduit 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.

Appears in 1 contract

Samples: Receivables Sale Agreement (Anixter International Inc)

Bankruptcy Petition. (a) Each Originator and the Buyer covenant hereby covenants and agree agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness Indebtedness of all Conduitsa Conduit, it will not institute against, or join any other Person in instituting against, any against such Conduit 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.

Appears in 1 contract

Samples: Receivables Sale Agreement (Owens & Minor Inc/Va/)

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