Waiver of Automatic Stay. The Borrower hereby waives the application of the automatic stay of enforcement provided in Section 362 of the Unixxx Xxxxxx Xxxxxxxxxx Xxxx xxd agrees that the Lender may proceed with enforcement and collection notwithstanding the filing of a petition in bankruptcy. 8.
Appears in 3 contracts
Samples: Share Purchase Agreement (Welty W R), Share Purchase Agreement (American Dream International LTD), Share Purchase Agreement (Vector Aeromotive Corp)
Waiver of Automatic Stay. The Borrower hereby waives the application of the automatic stay of enforcement provided in Section 362 of the Unixxx Sectxxx 000 xx xxx Xxxxxx Xxxxxxxxxx Xxxx xxd Xxxxxx Xxxkruptcy Code and agrees that the Lender Bank may proceed with enforcement and collection notwithstanding the filing of a petition in bankruptcy. 8.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Boca Research Inc), Revolving Credit and Security Agreement (Advanced Communication Systems Inc)
Waiver of Automatic Stay. The Borrower hereby waives the application of the automatic stay of enforcement provided in Section 362 of the Unixxx Xxxxxxx 000 xx xxx Xxxxxx Xxxxxxxxxx Xxxx xxd Xxxxxx Bankruptcy Code and agrees that the Lender may proceed with enforcement and collection notwithstanding the filing of a petition in bankruptcy. 8.
Appears in 1 contract
Samples: Loan and Security Agreement (Vector Aeromotive Corp)
Waiver of Automatic Stay. The Borrower hereby waives the application of the automatic stay of enforcement provided in Section 362 of the Unixxx Xxxxxx Xxxxxxxxxx United States Bankxxxxxx Xxxx xxd agrees that the Lender xxx xxxxxx xxxx xxx Bank may proceed with enforcement and collection notwithstanding the filing of a petition in bankruptcy. 8.
Appears in 1 contract
Samples: Revolving Credit and Security Agreement (Nstor Technologies Inc)
