Common use of Waiver of Automatic or Supplemental Stay Clause in Contracts

Waiver of Automatic or Supplemental Stay. Each of the Borrowers represent, warrant and covenant to the Banks and Agent that in the event of the filing of any voluntary or involuntary petition in bankruptcy by or against the other of the Borrowers at any time following the execution and delivery of this Agreement, neither of the Borrowers shall seek a supplemental stay or any other relief, whether injunctive or otherwise, pursuant to Section 105 of the Bankruptcy Code or any other provision of the Bankruptcy Code, to stay, interdict, condition, reduce or inhibit the ability of the Banks or Agent to enforce any rights it has by virtue of this Agreement, the Loan Documents, or at law or in equity, or any other rights the Banks or Agent has, whether now or hereafter acquired, against the other Borrower or against any property owned by such other Borrower.

Waiver of Automatic or Supplemental Stay. Each of the Borrowers representrepresents, warrant warrants and covenant covenants to the Banks Lenders and Agent that in the event of the filing of any voluntary or involuntary petition in bankruptcy by or against the other of the Borrowers at any time following the execution and delivery of this Agreement, neither none of the Borrowers shall seek a supplemental stay or any other relief, whether injunctive or otherwise, pursuant to Section 105 of the Bankruptcy Code or any other provision of the Bankruptcy Code, to stay, interdict, condition, reduce or inhibit the ability of the Banks Lenders or Agent to enforce any rights it has by virtue of this Agreement, the Loan Documents, or at law or in equity, or any other rights the Banks Lenders or Agent has, whether now or hereafter acquired, against the other Borrower Borrowers or against any property owned by such other BorrowerBorrowers.

Waiver of Automatic or Supplemental Stay. Each of the Borrowers representLoan Parties represents, warrant warrants and covenant covenants to the Banks Lenders and Agent that in the event of the filing of any voluntary or involuntary petition in bankruptcy by or against the other of the Borrowers any Loan Party at any time following the execution and delivery of this Agreement, neither none of the Borrowers such other Loan Parties shall seek a supplemental stay or any other relief, whether injunctive or otherwise, pursuant to Section 105 of the Bankruptcy Code or any other provision of the Bankruptcy Code, to stay, interdict, condition, reduce or inhibit the ability of the Banks Lenders or Agent to enforce any rights it has by virtue of this Agreement, the Loan Documents, or at law or in equity, or any other rights the Banks Lenders or Agent has, whether now or hereafter acquired, against the other Borrower Loan Parties or against any property owned by such other BorrowerLoan Parties.

Waiver of Automatic or Supplemental Stay. Each of the Borrowers representBorrower represents, warrant warrants and covenant covenants to the Banks Lenders and Agent that in the event of the filing of any voluntary or involuntary petition in bankruptcy by or against the any other of the Borrowers Borrower at any time following the execution and delivery of this Agreement, neither none of the Borrowers shall seek a supplemental stay or any other relief, whether injunctive or otherwise, pursuant to Section 105 of the Bankruptcy Code or any other provision 117 of the Bankruptcy Code, to stay, interdict, condition, reduce or inhibit the ability of the Banks Lenders or Agent to enforce any rights it has by virtue of this Agreement, the Loan Documents, or at law or in equity, or any other rights the Banks Lenders or Agent has, whether now or hereafter acquired, against the other Borrower Borrowers or against any property owned by such other Borrower.Borrowers. 

Waiver of Automatic or Supplemental Stay. Each of the Borrowers representrepresents, warrant warrants and covenant covenants to the Banks Lenders and the Agent that in the event of the filing of any voluntary or involuntary petition in bankruptcy by or against the other of the Borrowers at any time following the execution and delivery of this Agreement, neither none of the Borrowers shall seek a supplemental stay or any other relief, whether injunctive or otherwise, pursuant to Section 105 of the Bankruptcy Code or any other provision of the Bankruptcy Code, to stay, interdict, condition, reduce or inhibit the ability of the Banks Lenders or the Agent to enforce any rights it has by virtue of this Agreement, the Loan Documents, or at law or in equity, or any other rights the Banks Lenders or the Agent has, whether now or hereafter acquired, against the other Borrower Borrowers or against any property owned by such other BorrowerBorrowers.