Common use of Relief From Stay Clause in Contracts

Relief From Stay. Lender shall be entitled to relief from the automatic stay imposed by Bankruptcy Code Section 362 on or against the exercise of any and all rights and remedies otherwise available to Lender under this Agreement, the Loan Documents or applicable law, if Debtor fails to file a Plan of Reorganization within 120 days or fails to obtain confirmation of a Plan of Reorganization within 180 days, after entry of the order for relief. Borrower specifically acknowledges that "cause" exists for such relief within the meaning of Section 362(d) of the Bankruptcy Code.

Relief From Stay. Lender You shall be entitled to relief from the automatic stay imposed by Bankruptcy Code Section 362 on or against the exercise of any and all rights and remedies otherwise available to Lender you under this Agreement, the Loan Documents or applicable law, if Debtor fails to file a Plan of Reorganization within 120 days or fails to obtain confirmation of a Plan of Reorganization within 180 days, after entry of the order for relief. Borrower We specifically acknowledges acknowledge that "“cause" ” exists for such relief within the meaning of Section 362(d) of the Bankruptcy Code.

Relief From Stay. Lender shall be entitled to relief from the automatic stay imposed by Bankruptcy Code Section 362 on or against the exercise of any and all rights and remedies otherwise available to Lender under this Agreement, the Loan Documents or applicable law, if Debtor fails to file a Plan of Reorganization within 120 days or fails to obtain confirmation of a Plan of Reorganization within 180 days, after entry of the order for relief. Borrower specifically acknowledges that "“cause" ” exists for such relief within the meaning of Section 362(d) of the Bankruptcy Code.

Relief From Stay. Lender shall be entitled to relief from the automatic stay imposed by Bankruptcy Code Section 362 on or against the exercise of any and all rights and remedies otherwise available to Lender under this Agreement, the Loan Documents or applicable law, if Debtor fails to file a Plan of Reorganization within 120 days or fails to obtain confirmation of a Plan of Reorganization within 180 one hundred eighty (180) days, after entry of the order for relief. Borrower Obligor specifically acknowledges that "“cause" ” exists for such relief within the meaning of Section 362(d) of the Bankruptcy Code.

Relief From Stay. Lender You shall be entitled to relief from the automatic stay imposed by Bankruptcy Code Section 362 on or against the exercise of any and all rights and remedies otherwise available to Lender you under this Agreement, the Loan Documents or applicable law, if Debtor fails to file a Plan of Reorganization within 120 180 days or fails to obtain confirmation of a Plan of Reorganization within 180 days, 90 days after entry of the order for reliefsuch filing. Borrower We specifically acknowledges acknowledge that "cause" exists for such relief within the meaning of Section 362(d) of the Bankruptcy Code.

Relief From Stay. Lender You shall be entitled to relief from the automatic stay imposed by Bankruptcy Code Section 362 on or against the exercise of any and all rights and remedies otherwise available to Lender you under this Agreement, the Loan Documents or applicable law, if Debtor fails to file a Plan of Reorganization within 120 days or fails to obtain confirmation of a Plan of Reorganization within 180 days, after entry of the order for relief. Borrower We specifically acknowledges acknowledge that "cause" exists for such relief within the meaning of Section 362(d) of the Bankruptcy Code.