Common use of Automatic Stay Clause in Contracts

Automatic Stay. The Company acknowledges and agrees and shall not dispute that the giving of notice of termination by any Party pursuant to this Agreement shall not be a violation of the automatic stay of section 362 of the Bankruptcy Code (and the Company hereby waives, to the greatest extent possible, the applicability of the automatic stay to the giving of such notice).

Appears in 3 contracts

Sources: Restructuring Support Agreement (Bright Green Corp), Restructuring Support Agreement (Broadvision Inc), Restructuring Support Agreement (SFX Entertainment, INC)

Automatic Stay. The Company acknowledges and agrees and shall not dispute that the giving of notice of termination by any Party pursuant to this Agreement shall not be a violation of the automatic stay of section 362 of the Bankruptcy Code (Code, and the Company hereby waives, waives to the greatest fullest extent possiblepermitted by law, the applicability of the automatic stay as it relates to any such notice being provided; provided that nothing herein shall prejudice any Party’s rights to argue that the giving of such notice)notice of termination was not proper under the terms of this Agreement.

Appears in 3 contracts

Sources: Restructuring Support Agreement, Restructuring Support Agreement, Restructuring Support Agreement (Noble Corp)

Automatic Stay. The Company acknowledges and agrees and shall not dispute that after the commencement of the Chapter 11 Cases, the giving of notice of termination by any Party pursuant to this Agreement shall not be a violation of the automatic stay of section 362 of the Bankruptcy Code (and the Company hereby waives, to the greatest extent possible, the applicability of the automatic stay to the giving of such notice).

Appears in 2 contracts

Sources: Restructuring and Lock Up Agreement, Restructuring and Lock Up Agreement (Caraustar Industries Inc)

Automatic Stay. The Company acknowledges and agrees and shall not dispute that after the commencement of the Chapter 11 Cases, the giving of notice of termination by any Party pursuant to this Agreement shall not be a violation of the automatic stay of section 362 of the Bankruptcy Code (and the Company hereby waives, to the greatest extent possible, the applicability of the automatic stay to the giving of such notice).

Appears in 2 contracts

Sources: Restructuring Support Agreement (Aquilex Holdings LLC), Plan Support Agreement (Greenville Tube CO)

Automatic Stay. The Company acknowledges and agrees and shall not dispute that the giving of notice of termination by any Party pursuant to this Agreement shall not be a violation of the automatic stay of section 362 of the Bankruptcy Code (and the Company hereby waives, Code; provided that nothing herein shall prejudice any Party’s rights to the greatest extent possible, the applicability of the automatic stay to argue that the giving of such notice)notice of termination was not proper under the terms of this Agreement.

Appears in 2 contracts

Sources: Restructuring Support Agreement (Cano Health, Inc.), Plan Sponsor Agreement (Violin Memory Inc)

Automatic Stay. The Company acknowledges and agrees and shall not dispute that after the Petition Date, the termination of this Agreement and the giving of notice of termination by any Party pursuant to this Agreement shall not be a violation of the automatic stay of section 362 of the Bankruptcy Code (and the Company each Nuverra Party hereby waives, to the greatest fullest extent possiblepermitted by Applicable Law, the applicability of the automatic stay to the giving of such notice).

Appears in 2 contracts

Sources: Restructuring Support Agreement (Nuverra Environmental Solutions, Inc.), Restructuring Support Agreement

Automatic Stay. The Company acknowledges and agrees and shall not dispute that the giving of notice of termination by any Party party pursuant to this Agreement shall not be a violation of the automatic stay of section Section 362 of the Bankruptcy Code (and the Company hereby waives, to the greatest extent possible, the applicability of the automatic stay to the giving of such notice).

Appears in 1 contract

Sources: Investment Agreement (Radiation Therapy Services Holdings, Inc.)

Automatic Stay. The Company acknowledges and agrees and shall not dispute that the giving of notice any notices, including notices of termination by any Party pursuant to this Agreement Agreement, shall not be a violation of the automatic stay of section 362 of the Bankruptcy Code (and the Company hereby waives, to the greatest fullest extent possiblepermitted by law, the applicability of the automatic stay to the giving of such notice); provided, however, that nothing herein shall prejudice any Party’s rights to argue that the giving of notice of default or termination was not proper under the terms of this Agreement.

Appears in 1 contract

Sources: Plan Support Agreement (EP Energy LLC)

Automatic Stay. The Company acknowledges and agrees and shall not dispute that after the Petition Date, the giving of notice of termination by any Party pursuant to this Agreement shall not be considered a violation of the automatic stay of section 362 of the Bankruptcy Code (and the Company hereby waivesCode; provided, that nothing herein shall prejudice any Party’s right to the greatest extent possible, the applicability of the automatic stay to argue that the giving of such notice)notice of termination was not proper under the terms of this Agreement.

Appears in 1 contract

Sources: Restructuring Support Agreement (Internap Corp)

Automatic Stay. The Company acknowledges and agrees and shall not dispute that the giving of notice of termination by any Transaction Party pursuant to and in accordance with this Agreement shall not be a violation of the automatic stay of section 362 of the Bankruptcy Code (and the Company hereby waives, to the greatest extent possible, the applicability of the automatic stay to the giving of such notice).

Appears in 1 contract

Sources: Restructuring Support Agreement

Automatic Stay. The Company acknowledges and agrees and shall not dispute that after the Petition Date, the termination of this Agreement and the giving of notice of termination by any Party pursuant to this Agreement shall not be a violation of the automatic stay of section 362 of the Bankruptcy Code (and the Company each Fallbrook Party hereby waives, to the greatest fullest extent possiblepermitted by Applicable Law, the applicability of the automatic stay to the giving of such notice).

Appears in 1 contract

Sources: Restructuring Support Agreement

Automatic Stay. The Company acknowledges and agrees and shall not dispute Parties acknowledge that the giving of notice of termination by any Party pursuant to this Agreement shall not be a violation of the automatic stay of under section 362 of the Bankruptcy Code (Code, and the Company Parties hereby waiveswaive, to the greatest fullest extent possiblepermitted by Law, the applicability of the automatic stay as it relates to the giving of any such notice)notice being provided.

Appears in 1 contract

Sources: Confidentiality Agreement

Automatic Stay. The Company acknowledges and agrees and shall not dispute that after the commencement of cases under the Bankruptcy Code, the giving of notice of termination by any Party pursuant to this Agreement shall not be a violation of the automatic stay of section 362 of the Bankruptcy Code (and the Company hereby waives, to the greatest extent possible, the applicability of the automatic stay to the giving of such notice); provided, that nothing herein shall prejudice any Party’s rights to argue that the giving of notice of default or termination was not proper under the terms of this Agreement.

Appears in 1 contract

Sources: Restructuring Support Agreement (REVA Medical, Inc.)

Automatic Stay. The Company acknowledges and agrees and shall not dispute that after the commencement of the Chapter 11 Cases, the giving of notice of termination by any Party party pursuant to this Agreement shall not be a violation of the automatic stay of section 362 of the Bankruptcy Code (and the Company hereby waives, to the greatest extent possible, the applicability of the automatic stay to the giving of such notice).

Appears in 1 contract

Sources: Investment Agreement (Reddy Ice Holdings Inc)