Common use of No Consent to Assumption Clause in Contracts

No Consent to Assumption. The Property Trustee for and on behalf of the Issuer Trust hereby expressly withholds any consent to the assumption under Section 365 of the Bankruptcy Code or otherwise, of the Stock Purchase Contract by the Company or its trustee, receiver, liquidator or a Person performing similar functions in the event that the Company becomes the debtor under the Bankruptcy Code or subject to other similar state or Federal law providing for reorganization or liquidation.

Appears in 8 contracts

Samples: Stock Purchase Contract Agreement, Stock Purchase Contract Agreement (Wells Fargo & Co/Mn), Stock Purchase Contract Agreement (State Street Corp)

AutoNDA by SimpleDocs

No Consent to Assumption. The Pursuant to the Declaration, the Property Trustee for and on behalf of the Issuer Trust hereby expressly withholds any consent to the assumption under Section 365 of the Bankruptcy Code or otherwise, of the Stock Purchase Contract by the Company or its trustee, receiver, liquidator or a Person performing similar functions in the event that the Company becomes the debtor under the Bankruptcy Code or subject to other similar state or Federal law providing for reorganization or liquidation.

Appears in 4 contracts

Samples: Stock Purchase Contract Agreement (Bank of America Corp /De/), Stock Purchase Contract Agreement (Bank of America Corp /De/), Stock Purchase Contract Agreement (Bank of America Corp /De/)

No Consent to Assumption. The Property Trustee for and on behalf of the Issuer Trust hereby expressly withholds any consent to the assumption under Section 365 of the Bankruptcy Code or otherwise, of the Stock Purchase Contract by the Company or its trustee, receiver, liquidator or a Person performing similar functions in the event that the Company becomes the debtor under the Bankruptcy Code or subject to other similar state or Federal law providing for reorganization or liquidation.

Appears in 4 contracts

Samples: Stock Purchase Contract Agreement (Goldman Sachs Capital Ii), Stock Purchase Contract Agreement (Us Bancorp \De\), Stock Purchase Contract Agreement (Wachovia Corp New)

AutoNDA by SimpleDocs

No Consent to Assumption. The Property Trustee for and on behalf of the Issuer Trust hereby expressly withholds any consent to the assumption assumption, under Section 365 of the Bankruptcy Code or otherwise, of the Stock Purchase Contract by the Company or its trustee, receiver, liquidator or a Person performing similar functions in the event that the Company becomes the debtor under the Bankruptcy Code or subject to other similar state or Federal law providing for reorganization or liquidation.

Appears in 2 contracts

Samples: Stock Purchase Contract Agreement (Us Bancorp \De\), Stock Purchase Contract Agreement (Us Bancorp \De\)

Time is Money Join Law Insider Premium to draft better contracts faster.