No Petition; Limited Recourse. (a) The Initial Purchasers covenant and agree that, prior to the date that is one year and one day (or such longer preference period as shall then be in effect) after the payment in full of each Class of Notes rated by any Rating Agency, they will not institute against the Issuer or join any other Person in instituting against the Issuer any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other similar proceedings under the laws of the United States or any state of the United States.
Appears in 4 contracts
Samples: Purchase Agreement (NewStar Financial, Inc.), Purchase Agreement (NewStar Financial, Inc.), Purchase Agreement (NewStar Financial, Inc.)
No Petition; Limited Recourse. (a) The Initial Purchasers covenant Purchaser covenants and agree agrees that, prior to the date that is one year and one day (or such longer preference period as shall then be in effecteffect plus one day) after the payment in full of each Class of Notes rated by any Rating Agency, they it will not institute against the Issuer or the Depositor or join any other Person in instituting against the Issuer or the Depositor any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other similar proceedings under the laws of the United States or any state of the United States.
Appears in 3 contracts
Samples: Collateral Management Agreement (KCAP Financial, Inc.), Purchase Agreement (KCAP Financial, Inc.), Purchase Agreement (TICC Capital Corp.)
No Petition; Limited Recourse. (a) The Initial Purchasers covenant Purchaser covenants and agree agrees that, prior to the date that is one year and one day (or such longer preference period as shall then be in effecteffect plus one day) after the payment in full of each Class of Notes rated by any Rating Agency, they it will not institute against the Issuer or join any other Person in instituting against the Issuer any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other similar proceedings under the laws of the United States or any state of the United States.
Appears in 3 contracts
Samples: Collateral Management Agreement (TICC Capital Corp.), Collateral Management Agreement (TICC Capital Corp.), Purchase Agreement (TICC Capital Corp.)
No Petition; Limited Recourse. (a) The Initial Purchasers covenant Purchaser covenants and agree agrees that, prior to the date that is one year and one day (or such longer preference period as shall then be in effecteffect plus one day) after the payment in full of each Class of Notes rated by any Rating AgencyNotes, they it will not institute against the Issuer or join any other Person in instituting against the Issuer any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other similar proceedings under the laws of the United States or any state of the United States.
Appears in 1 contract
Samples: Purchase and Placement Agreement (Nuveen Churchill Direct Lending Corp.)
No Petition; Limited Recourse. (a) The Initial Purchasers covenant Purchaser covenants and agree agrees that, prior to the date that is one year and one day (or such longer preference period as shall then be in effect) plus one day after the payment in full of each Class of Notes rated by any Rating AgencyNotes, they it will not institute against the Issuer or join any other Person in instituting against the Issuer any bankruptcy, reorganization, arrangement, insolvency or liquidation proceedings or other similar proceedings under the laws of the United States or any state of the United States.
Appears in 1 contract
