Common use of Any Clause in Contracts

Any. Default" shall occur under and as defined in the Long-Term Credit Agreement; or (y) the Borrower or any of its Subsidiaries shall fail to make any payment when due (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise) with respect to any Indebtedness (including, without limitation, Indebtedness with respect to any Hedging Agreement, but other than (i) the Obligations and the Indebtedness under the Receivables Purchase Documents and (ii) the Obligations and Indebtedness of the FTB Group (which Obligations and Indebtedness are non-recourse to the Borrower and its Subsidiaries)) the aggregate outstanding principal amount of which Indebtedness is in excess of $10,000,000; or any breach, default or event of default shall occur, or any other condition shall exist under any instrument, agreement or indenture pertaining to any such Indebtedness, if the effect thereof is to cause an acceleration, mandatory redemption, a requirement that the Borrower or any of its Subsidiaries offer to purchase such Indebtedness or other required repurchase of such Indebtedness, or permit the holder(s) of such Indebtedness to accelerate the maturity of any such Indebtedness or require a redemption or other repurchase of such Indebtedness; or any such Indebtedness shall be otherwise declared to be due and payable (by acceleration or otherwise) or the holder of such Indebtedness requires such Indebtedness to be prepaid, redeemed or otherwise repurchased by the Borrower or any of its Subsidiaries (other than by a regularly scheduled required prepayment) prior to the stated maturity thereof.

Any. Default" shall occur under and as defined in the LongShort-Term Credit Agreement; or (y) the Borrower or any of its Subsidiaries shall fail to make any payment when due (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise) with respect to any Indebtedness (including, without limitation, Indebtedness with respect to any Hedging Agreement, but other than (i) the Obligations and the Indebtedness under the Receivables Purchase Documents and (ii) the Obligations and Indebtedness of the FTB Group (which Obligations and Indebtedness are non-recourse to the Borrower and its Subsidiaries)) the aggregate outstanding principal amount of which Indebtedness is in excess of $10,000,000; or any breach, default or event of default shall occur, or any other condition shall exist under any instrument, agreement or indenture pertaining to any such Indebtedness, if the effect thereof is to cause an acceleration, mandatory redemption, a requirement that the Borrower or any of its Subsidiaries offer to purchase such Indebtedness or other required repurchase of such Indebtedness, or permit the holder(s) of such Indebtedness to accelerate the maturity of any such Indebtedness or require a redemption or other repurchase of such Indebtedness; or any such Indebtedness shall be otherwise declared to be due and payable (by acceleration or otherwise) or the holder of such Indebtedness requires such Indebtedness to be prepaid, redeemed or otherwise repurchased by the Borrower or any of its Subsidiaries (other than by a regularly scheduled required prepayment) prior to the stated maturity thereof.