Common use of Bankruptcy Petition Clause in Contracts

Bankruptcy Petition. (a) The Originator and the Buyer each hereby covenants and agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of Company or any Financial Institution that is a special purpose bankruptcy remote entity, it will not institute against, or join any other Person in instituting against, the Company or any such entity any bankruptcy, reorganisation, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Bankruptcy Petition. (a) The Each Originator and the Buyer each hereby covenants and agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of Company or any Financial Institution Funding Source that is a special purpose bankruptcy remote entityentity or of any Conduit or any Financial Institution, it will not institute against, or join any other Person in instituting against, the Company or any such entity or the Conduit any bankruptcy, reorganisationreorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Bankruptcy Petition. (a) The Originator Each of the Originators and the Buyer each W1R hereby covenants and agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of Company Conduit or any Financial Institution that is a special purpose bankruptcy remote entity, it will not institute against, or join any other Person in instituting against, the Company Conduit or any such entity any bankruptcy, reorganisationreorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Bankruptcy Petition. (a) The Each Originator and the Buyer each hereby covenants and agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of Company or any Financial Institution Funding Source that is a special purpose bankruptcy remote entityentity or of the Conduit, it will not institute against, or join any other Person in instituting against, the Company or any such entity or the Conduit any bankruptcy, reorganisationreorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Bankruptcy Petition. (a) The Originator Each of the Originators and the Buyer each Sub-Servicers hereby covenants and agrees that, prior to the date that which is one year and one day after the payment in full of all outstanding senior indebtedness of Company or any Financial Institution that is a special purpose bankruptcy remote entityeither Conduit, it will not institute against, or join any other Person in instituting against, the Company or any such entity either Conduit any bankruptcy, reorganisationreorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Bankruptcy Petition. (a) The Each Originator and the Buyer each hereby covenants and agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of Company or any Financial Institution that is a special purpose bankruptcy remote entity, it will not institute against, or join any other Person in instituting against, the Company or any such entity any bankruptcy, reorganisationreorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.liquidation

Bankruptcy Petition. (a) The Each Originator and the Buyer each hereby covenants and agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of Company or any Financial Institution that is a special purpose bankruptcy remote entityLender, it will not institute against, or join any other Person in instituting against, the Company or any such entity Lender any bankruptcy, reorganisationreorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Bankruptcy Petition. (a) The Originator and the Buyer each hereby covenants and agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of Company the Conduit or any Financial Institution that is a special purpose bankruptcy remote entity, it will not institute against, or join any other Person in instituting against, the Company Conduit or any such entity any bankruptcy, reorganisationreorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Bankruptcy Petition. (a) The Originator and the Buyer each hereby covenants and 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 Company or any Financial Institution that is a special purpose bankruptcy remote entity, it will not institute against, or join any other Person in instituting against, the Company or any such entity any bankruptcy, reorganisationreorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Bankruptcy Petition. (a) The Originator and the Buyer each hereby covenants and 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 Company or any Financial Institution that is a special purpose bankruptcy remote entityCompany, it will not institute against, or join any other Person in instituting against, the Company or any such entity any bankruptcy, reorganisationreorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Bankruptcy Petition. (a) The Originator and the Buyer each hereby ------------------- covenants and agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of Company Conduit or any Financial Institution that is a special purpose bankruptcy remote entity, it will not institute against, or join any other Person in instituting against, the Company Conduit or any such entity any bankruptcy, reorganisationreorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Bankruptcy Petition. (a) The Originator Seller, Servicer, Agent and the Buyer each Purchaser hereby covenants and agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of Company or any Financial Institution Purchaser that is a special purpose bankruptcy remote entity, it will not institute against, or join any other Person in instituting against, the Company against any Purchaser or any such entity any bankruptcy, reorganisationreorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.. 44

Bankruptcy Petition. (a) The Each Originator and the Buyer each hereby covenants and agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of Company a Conduit or any Financial Institution Committed Purchaser that is a special purpose bankruptcy remote entity, it will not institute against, or join any other Person in instituting against, the Company a Conduit or any such entity any bankruptcy, reorganisationreorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Bankruptcy Petition. (a) The Each Originator and the Buyer each hereby covenants and agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of Company or any Financial Institution that is a special purpose bankruptcy remote entity, it will not institute against, or join any other Person in instituting against, the Company or any such entity any bankruptcy, reorganisationreorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Bankruptcy Petition. (a) The Each Original Seller and Originator and the Buyer each hereby covenants and agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of Company or any Financial Institution that is a special purpose bankruptcy remote entity, it will not institute against, or join any other Person in instituting against, the Company or any such entity any bankruptcy, reorganisationreorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Bankruptcy Petition. (a) The Each Originator and the Buyer each hereby covenants and agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of Company or any Financial Institution Funding Source that is a special purpose bankruptcy remote entityentity or of any Conduit or any Financial Institution, it will not institute against, or join any other Person in instituting against, the Company or any such entity or any Conduit or any Financial Institution any bankruptcy, reorganisationreorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Bankruptcy Petition. (a) The Each Originator and the Buyer each hereby covenants and agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of Company or any Financial Institution Funding Source that is a special purpose bankruptcy bank ruptcy remote entityentity or of any Company, it will not institute against, or join any other Person in instituting against, the Company or any such entity or any Company any bankruptcy, reorganisationreorganization, arrangementarrange ment, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Bankruptcy Petition. (a) The Each of Originator and the Buyer each hereby covenants and agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of Company or any Financial Institution that is a special purpose bankruptcy remote entityLender, it will not institute against, or join any other Person in instituting against, the Company or any such entity Lender any bankruptcy, reorganisationreorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Bankruptcy Petition. (a) The Each Originator and the Buyer each hereby covenants and agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of Company or any Financial Institution that is a special purpose bankruptcy remote entityeach of the Conduits, it will not institute against, or join any other Person in instituting against, the Company such Conduit or any such entity any bankruptcy, reorganisationreorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Bankruptcy Petition. (a) The Originator and the Buyer each hereby covenants and agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of Company or any Financial Institution that is a special purpose bankruptcy remote entity, it will not institute against, or join any other Person in instituting against, the Company or any such entity any bankruptcy, reorganisationreorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.

Bankruptcy Petition. (a) The Originator and the Buyer each hereby covenants and agrees that, prior to the date that is one year and one day after the payment in full of all outstanding senior indebtedness of Company Conduit or any Financial Institution Funding Source that is a special purpose bankruptcy remote entity, it will not institute against, or join any other Person in instituting against, the Company Conduit or any such entity any bankruptcy, reorganisationreorganization, arrangement, insolvency or liquidation proceedings or other similar proceeding under the laws of the United States or any state of the United States.