Common use of Waiver of Automatic Stay Clause in Contracts

Waiver of Automatic Stay. The Debtor and Shareholders acknowledge and agree that should a proceeding under any bankruptcy or insolvency law be commenced by or against the Debtor or Shareholders, or if any of the Collateral (as defined in the Security Agreement) should become the subject of any bankruptcy or insolvency proceeding, then the Collateral Agent should be entitled to, among other relief to which the Collateral Agent may be entitled under the Note, Security Agreement, Subscription Agreement and any other agreement to which the Debtor, Shareholders, Lenders or Collateral Agent are parties, (collectively "Loan Documents") and/or applicable law, an order from the court granting immediate relief from the automatic stay pursuant to 11 U.S.

Waiver of Automatic Stay. The Debtor and Shareholders acknowledge and agree that should a proceeding under any bankruptcy or insolvency law be commenced by or against the Debtor or Shareholders, or if any of the Collateral (as defined in the Security Agreement) should become the subject of any bankruptcy or insolvency proceeding, then the Collateral Agent Lender should be entitled to, among other relief to which the Collateral Agent Lender may be entitled under the Note, Security Agreement, Subscription Agreement and any other agreement to which the Debtor, Shareholders, Lenders or Collateral Agent Lender are parties, (collectively "Loan Documents") and/or applicable law, an order from the court granting immediate relief from the automatic stay pursuant to 11 U.S.

Waiver of Automatic Stay. The Debtor acknowledges and Shareholders acknowledge and agree agrees that should a proceeding under any bankruptcy or insolvency law be commenced by or against the Debtor or ShareholdersDebtor, or if any of the Collateral (as defined in the this Security Agreement) should become the subject of any bankruptcy or insolvency proceeding, then the Collateral Agent should be entitled to, among other relief to which the Collateral Agent may be entitled under the Note, Security Agreement, Subscription Agreement and any other agreement to which the Debtor, Shareholders, Lenders or Collateral Agent are parties, (collectively "Loan Documents") and/or applicable law, an order from the court granting immediate relief from the automatic stay pursuant to 11 U.S.

Waiver of Automatic Stay. The Debtor and Shareholders acknowledge and agree that should a proceeding under any bankruptcy or insolvency law be commenced by or against the Debtor or Shareholders, or if any of the Collateral (as defined in the Security Agreement) should become the subject of any bankruptcy or insolvency proceeding, then the Collateral Agent Lender should be entitled to, among other relief to which the Collateral Agent Lender may be entitled under the Note, Security Agreement, Subscription Purchase Agreement and any other agreement to which the Debtor, Shareholders, Lenders or Collateral Agent Lender are parties, (collectively "Loan Documents") and/or applicable law, an order from the court granting immediate relief from the automatic stay pursuant to 11 U.S.

Waiver of Automatic Stay. The Debtor and Shareholders Shareholder acknowledge and --------------------------- agree that should a proceeding under any bankruptcy or insolvency law be commenced by or against the Debtor or ShareholdersShareholder, or if any of the Collateral (as defined in the Security Agreement) should become the subject of any bankruptcy or insolvency proceeding, then the Collateral Agent Lender should be entitled to, among other relief to which the Collateral Agent Lender may be entitled under the Note, Security Agreement, Subscription Agreement and any other agreement to which the Debtor, ShareholdersShareholder, Lenders or Collateral Agent Lender are parties, (collectively "Loan Documents") and/or applicable law, an order from the court granting immediate relief from the automatic stay pursuant to 11 U.S.

Waiver of Automatic Stay. The Debtor acknowledges and Shareholders acknowledge and agree agrees that should a proceeding under any bankruptcy or insolvency law be commenced by or against the Debtor or ShareholdersDebtor, or if any of the Collateral (as defined in the this Security Agreement) should become the subject of any bankruptcy or insolvency proceeding, then the Collateral Agent should be entitled to, among other relief to which the Collateral Agent may be entitled under the NoteNotes, Subscription Agreement, Security Agreement, Subscription Agreement and any other agreement to which the Debtor, Shareholders, Lenders or Collateral Agent are parties, (collectively "Loan Documents") and/or applicable law, an order from the court granting immediate relief from the automatic stay pursuant to 11 U.S.

Waiver of Automatic Stay. The Debtor acknowledges and Shareholders acknowledge and agree agrees that should a proceeding under any bankruptcy or insolvency law be commenced by or against the Debtor or ShareholdersDebtor, or if any of the Collateral (as defined in the Security Agreement) should become the subject of any bankruptcy or insolvency proceeding, then the Collateral Agent should be entitled to, among other relief to which the Collateral Agent may be entitled under the Note, Security Agreement, Subscription Agreement and any other agreement to which the Debtor, Shareholders, Lenders or Collateral Agent are parties, (collectively "Loan Documents") and/or applicable law, an order from the court granting immediate relief from the automatic stay pursuant to 11 U.S.

Waiver of Automatic Stay. The Debtor and Shareholders the Shareholder acknowledge and agree that should a proceeding under any bankruptcy or insolvency law be commenced by or against the Debtor or ShareholdersThe Shareholder, or if any of the Collateral (as defined in the Security Agreement) should become the subject of any bankruptcy or insolvency proceeding, then the Collateral Agent should be entitled to, among other relief to which the Collateral Agent may be entitled under the Note, Security Agreement, Subscription Convertible Note Purchase Agreement and any other agreement to which the Debtor, Shareholdersthe Shareholder, Lenders Lender or Collateral Agent are parties, (collectively "Loan Documents") and/or applicable law, an order from the court granting immediate relief from the automatic stay pursuant to 11 U.S.

Waiver of Automatic Stay. The Debtor acknowledges and Shareholders acknowledge and agree agrees that should a ------------------------ proceeding under any bankruptcy or insolvency law be commenced by or against the Debtor or ShareholdersDebtor, or if any of the Collateral (as defined in the this Security Agreement) should become the subject of any bankruptcy or insolvency proceeding, then the Collateral Agent should be entitled to, among other relief to which the Collateral Agent may be entitled under the Note, Security Agreement, Subscription Agreement and any other agreement to which the Debtor, Shareholders, Lenders or Collateral Agent are parties, (collectively "Loan Documents") and/or applicable law, an order from the court granting immediate relief from the automatic stay pursuant to 11 U.S.

Waiver of Automatic Stay. The Debtor and Shareholders Shareholder acknowledge -------------------------- and agree that should a proceeding under any bankruptcy or insolvency law be commenced by or against the Debtor or ShareholdersShareholder, or if any of the Collateral (as defined in the Security Agreement) should become the subject of any bankruptcy or insolvency proceeding, then the Collateral Agent Lender should be entitled to, among other relief to which the Collateral Agent Lender may be entitled under the Note, Security Agreement, Subscription Agreement and any other agreement to which the Debtor, ShareholdersShareholder, Lenders or Collateral Agent Lender are parties, (collectively "Loan Documents") and/or applicable law, an order from the court granting immediate relief from the automatic stay pursuant to 11 U.S.