{"component": "clause", "props": {"groups": [{"snippet": "(a) Any Company fails to make any payment when due (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise) of any Recourse Debt (other than Indebtedness hereunder or under any other Loan Document and Indebtedness under Swap Contracts) having an aggregate principal amount (including amounts owing to all creditors under any combined or syndicated credit arrangement) of more than $150,000,000 and the effect of which failure to make such payment is to cause such Recourse Debt to be demanded or to become due (or if such payment is not made on the maturity date of such Recourse Debt, to be due) or to be repurchased, prepaid, defeased or redeemed (automatically or otherwise), or an offer to repurchase, prepay, defease or redeem such Recourse Debt to be made, prior to its stated maturity, or such Recourse Debt to become payable or cash collateral in respect thereof to be demanded; or\n(b) Any Company fails to observe or perform any other agreement or condition relating to or in respect of any Recourse Debt or contained in any instrument or agreement evidencing, securing or relating to the same, or any other event (excluding voluntary actions by any applicable Company) occurs, the effect of which default or other event is to cause Recourse Debt having an aggregate principal amount (including amounts owing to all creditors under any combined or syndicated credit arrangement) of more than $150,000,000, to be demanded or to become due or to be repurchased, prepaid, defeased or redeemed (automatically or otherwise), or an offer to repurchase, prepay, defease or redeem such Recourse Debt to be made, prior to its stated maturity, or such Recourse Debt to become payable or cash collateral in respect thereof to be demanded; or\n(c) There occurs under any Swap Contract that constitutes Recourse Debt an Early Termination Date (as defined in such Swap Contract) resulting from (i) any event of default under such Swap Contract as to which any Company is the Defaulting Party (as defined in such Swap Contract) or (ii) any Termination Event (as so defined) under such Swap Contract as to which any Company is an Affected Party (as so defined) and, in either event, the Swap Termination Value owed by such Company as a result thereof is greater than $150,000,000 and such amount is not paid when due.", "size": 11, "samples": [{"hash": "c2IphsvkCPd", "uri": "/contracts/c2IphsvkCPd#cross-acceleration", "label": "Global Senior Credit Agreement (Prologis, L.P.)", "score": 37.2436676025, "published": true}, {"hash": "htL5TMi6SKn", "uri": "/contracts/htL5TMi6SKn#cross-acceleration", "label": "Global Senior Credit Agreement (Prologis, L.P.)", "score": 36.3894577026, "published": true}, {"hash": "k2WAwerLlCb", "uri": "/contracts/k2WAwerLlCb#cross-acceleration", "label": "Global Senior Credit Agreement (Prologis, L.P.)", "score": 34.2621498108, "published": true}], "snippet_links": [{"key": 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"/contracts/6kyio81eW1Z#cross-acceleration", "label": "Amendment and Restatement Agreement", "score": 24.9767284393, "published": true}, {"hash": "caOvxwct1rN", "uri": "/contracts/caOvxwct1rN#cross-acceleration", "label": "Amendment and Restatement Agreement", "score": 24.7713890076, "published": true}], "snippet_links": [{"key": "indebtedness-of-any", "type": "clause", "offset": [14, 33]}, {"key": "applicable-grace-period", "type": "definition", "offset": [99, 122]}, {"key": "due-and-payable", "type": "definition", "offset": [145, 160]}, {"key": "prior-to", "type": "clause", "offset": [161, 169]}, {"key": "an-event-of-default", "type": "definition", "offset": [208, 227]}, {"key": "no-event-of-default", "type": "clause", "offset": [263, 282]}, {"key": "this-clause", "type": "clause", "offset": [300, 311]}, {"key": "aggregate-amount", "type": "definition", "offset": [324, 340]}, {"key": "and-provided-that", "type": "clause", "offset": [394, 411]}, {"key": "indebtedness-owed-to", "type": "clause", "offset": [447, 467]}, {"key": "a-group-company", "type": "definition", "offset": [468, 483]}], "hash": "360c65d35169bc904da99a0ca2188f16", "id": 2}, {"snippet": "(i) The Company or any Subsidiary (other than a Non-Recourse Subsidiary):\n(A) fails to make any payment when due (whether by scheduled maturity, required prepayment, acceleration, demand, or otherwise) in respect of any Specified Indebtedness or\n(B) fails to observe or perform any other agreement or condition relating to any such Specified Indebtedness or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event occurs, and, in either event, the effect of which default or other event is to cause: (i) such Specified Indebtedness which does not constitute a Guarantee to be demanded or to become due or to be repurchased, prepaid, defeased or redeemed (automatically or otherwise), prior to its stated maturity, or (ii) such Specified Indebtedness which constitutes a Guarantee to become payable or cash collateral in respect thereof to be demanded, and in any such case, such failure shall continue after the end of any applicable grace period for such payment; or\n(ii) There occurs under any particular Swap Contract an Early Termination Date (as defined in such Swap Contract) resulting from:\n(A) any event of default under such Swap Contract as to which the Company or any Subsidiary (other than a Non-Recourse Subsidiary) is the Defaulting Party (as defined in such Swap Contract) or\n(B) any Termination Event (as defined under such Swap Contract) as to which the Company or any Subsidiary (other than a Non-Recourse Subsidiary) is an Affected Party (as defined in such Swap Contract) and, in either event, the Swap Termination Value owed by the Company or such Subsidiary as a result thereof is greater than $175,000,000, and in any such case such failure shall continue after the end of any applicable grace period for such payment; or", "size": 7, "samples": 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1606]}], "hash": "abacb7cef80699009176ffbcd7d0db89", "id": 3}, {"snippet": "Any default shall occur with respect to any Indebtedness (other than any amount due in respect of Permitted Subordinated Debt) of the Borrower having drawn or undrawn principal amounts in excess of $200,000,000 in the aggregate and shall have continued beyond any applicable grace period, the effect of which has been to cause the entire amount of such Indebtedness under this Section 7.2 to become due (whether by redemption, purchase, offer to purchase or otherwise) and such Indebtedness under this Section 7.2 remains unpaid or the acceleration of its stated maturity unrescinded.", "size": 5, "samples": [{"hash": "d5rpzMYQbxB", "uri": "/contracts/d5rpzMYQbxB#cross-acceleration", "label": "Common Terms Agreement (NextDecade Corp.)", "score": 35.1902809143, "published": true}, {"hash": "lsiJHcaCftF", "uri": "/contracts/lsiJHcaCftF#cross-acceleration", "label": "Common Terms Agreement (NextDecade Corp)", "score": 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454]}, {"key": "stated-maturity", "type": "clause", "offset": [556, 571]}], "hash": "e6a29334f0c1b3471ccb865a404bc605", "id": 4}, {"snippet": "The occurrence of any event or condition that results in any indebtedness of the Borrower in excess of $10,000,000 under any agreement of the Borrower becoming due prior to its scheduled maturity or requires the prepayment, repurchase, redemption or defeasance thereof prior to its scheduled maturity.", "size": 4, "samples": [{"hash": "gMGduqrgdT4", "uri": "/contracts/gMGduqrgdT4#cross-acceleration", "label": "Secured Revolving Facility Agreement", "score": 34.2899208069, "published": true}, {"hash": "cfbk6ygY1Ck", "uri": "/contracts/cfbk6ygY1Ck#cross-acceleration", "label": "Secured Revolving Facility Agreement", "score": 34.0248260498, "published": true}, {"hash": "kzU13UIjUv9", "uri": "/contracts/kzU13UIjUv9#cross-acceleration", "label": "Secured Revolving Facility Agreement (DryShips Inc.)", "score": 27.3189601898, "published": true}], "snippet_links": [{"key": "indebtedness-of-the-borrower", "type": "definition", "offset": [61, 89]}, {"key": "agreement-of-the-borrower", "type": "clause", "offset": [125, 150]}, {"key": "prior-to", "type": "clause", "offset": [164, 172]}, {"key": "scheduled-maturity", "type": "clause", "offset": [177, 195]}], "hash": "999036fc9d8a3148fadcfdc132659748", "id": 6}, {"snippet": "Any other Borrowings of any Obligor are:\n(a) declared due and payable prior to their normal maturity date as a result of a default (however described) by that Obligor; or\n(b) not paid within five Business Days of their due date or, if longer, within any applicable grace period, unless, in any such case, the aggregate amount of the Borrowings is less than euro 50,000,000 or its equivalent or the payment in question is being contested by the Obligor owing the amount by reason of a bona fide dispute.", "size": 5, "samples": [{"hash": "kgZAMD0704p", "uri": "/contracts/kgZAMD0704p#cross-acceleration", "label": "Syndicated Credit Facility Agreement (Gec Acquisition Corp)", "score": 18.0, "published": true}, {"hash": "jfZIkntRzzA", "uri": "/contracts/jfZIkntRzzA#cross-acceleration", "label": "Syndicated Credit Facility Agreement (Gec Acquisition Corp)", "score": 18.0, "published": true}, {"hash": "imAKrLvQfZH", "uri": "/contracts/imAKrLvQfZH#cross-acceleration", "label": "Syndicated Credit Facility (Gec Acquisition Corp)", "score": 18.0, "published": true}], "snippet_links": [{"key": "other-borrowings", "type": "definition", "offset": [4, 20]}, {"key": "due-and-payable", "type": "definition", "offset": [54, 69]}, {"key": "prior-to", "type": "clause", "offset": [70, 78]}, {"key": "maturity-date", "type": "definition", "offset": [92, 105]}, {"key": "a-default", "type": "definition", "offset": [121, 130]}, {"key": "business-days-of", "type": "clause", "offset": [196, 212]}, {"key": "due-date", "type": "definition", "offset": [219, 227]}, {"key": "applicable-grace-period", "type": "definition", "offset": [254, 277]}, {"key": "aggregate-amount", "type": "definition", "offset": [309, 325]}, {"key": "the-borrowings", "type": "clause", "offset": [329, 343]}, {"key": "the-payment", "type": "clause", "offset": [394, 405]}, {"key": "bona-fide-dispute", "type": "clause", "offset": [484, 501]}], "hash": "329362e672b7a2b43a5733d085c99059", "id": 5}, {"snippet": "Notwithstanding anything to the contrary in the Lease Documents or the Loan Documents, Landlord may declare an \u201cEvent of Default\u201d (as defined in the Master Lease) upon acceleration of any of the Lender Obligations (and may not do so based solely upon the existence of an \u201cEvent of Default\u201d under the Loan Documents), and the ABL Administrative Agent or Term Loan Agent may declare a Loan Event of Default under the ABL Loan Documents or the Term Loan Documents, as the case may be, upon the declaration of a termination of the Master Lease by the Landlord prior to its scheduled term (and may not do so based solely upon the existence of an \u201cEvent of Default\u201d under the Master Lease). Except as set forth in the prior sentence, the Landlord and each of the ABL Administrative Agent and Term Loan Agent may declare an \u201cEvent of Default\u201d under the Master Lease and an \u201cEvent of Default\u201d under each of the ABL Loan Documents or the Term Loan Documents, respectively, in accordance with their respective terms.", "size": 4, "samples": [{"hash": "hwhIsJOsvYW", "uri": "/contracts/hwhIsJOsvYW#cross-acceleration", "label": "Relative Rights Agreement (Ardent Health Partners, LLC)", "score": 35.4202613831, "published": true}, {"hash": "aDlZyWjak56", "uri": "/contracts/aDlZyWjak56#cross-acceleration", "label": "Term Loan Credit Agreement (Ardent Health Partners, LLC)", "score": 29.9226551056, "published": true}, {"hash": "3hIYSBujdR8", "uri": "/contracts/3hIYSBujdR8#cross-acceleration", "label": "Abl Credit Agreement (Ardent Health Partners, LLC)", "score": 29.9226551056, "published": true}], "snippet_links": [{"key": "notwithstanding-anything-to-the-contrary", "type": "clause", "offset": [0, 40]}, {"key": "lease-documents", "type": "clause", "offset": [48, 63]}, {"key": "the-loan-documents", "type": "clause", "offset": [67, 85]}, {"key": "upon-acceleration", "type": "clause", "offset": [163, 180]}, {"key": "lender-obligations", "type": "clause", "offset": [195, 213]}, {"key": "abl-administrative-agent", "type": "definition", "offset": [325, 349]}, {"key": "term-loan-agent", "type": "clause", "offset": [353, 368]}, {"key": "event-of-default-under", "type": "definition", "offset": [388, 410]}, {"key": "abl-loan-documents", "type": "definition", "offset": [415, 433]}, {"key": "term-loan-documents", "type": "definition", "offset": [441, 460]}, {"key": "the-case", "type": "definition", "offset": [465, 473]}, {"key": "termination-of-the-master-lease", "type": "clause", "offset": [508, 539]}, {"key": "the-landlord", "type": "clause", "offset": [543, 555]}, {"key": "prior-to", "type": "clause", "offset": [556, 564]}, {"key": "scheduled-term", "type": "definition", "offset": [569, 583]}, {"key": "under-the-master-lease", "type": "clause", "offset": [660, 682]}, {"key": "prior-sentence", "type": "definition", "offset": [712, 726]}, {"key": "and-term", "type": "clause", "offset": [782, 790]}, {"key": "in-accordance-with", "type": "definition", "offset": [964, 982]}], "hash": "c25b9391673aab1aff4ca7a5b84e015d", "id": 7}, {"snippet": "(i) The maturity of any Public External Indebtedness of the Issuer is accelerated (other than by optional or mandatory prepayment or redemption), (ii) the Issuer defaults in the payment of any principal of or interest on any of its Public External Indebtedness when and as the same shall become due and payable and such default continues for more than the grace period, if any, originally applicable thereto or, in the case of interest where such grace period does not exceed 30 days, for more than 30 days or (iii) the Issuer defaults in the payment when due and called upon of any guarantee or indemnity of the Issuer in respect of any Public External Indebtedness of any other Person and such default continues for more than the grace period, if any, originally applicable thereto or, if such grace period does not exceed 30 days, for more than 30 days; provided that the aggregate amount of the relevant Public External Indebtedness in respect of which one or more of the events mentioned in this sub-paragraph (c) have occurred equals or exceeds \u20ac50,000,000 or its equivalent; or", "size": 4, "samples": [{"hash": "5uMLyIHaUQR", "uri": "/contracts/5uMLyIHaUQR#cross-acceleration", "label": "Supplemental Fiscal Agency Agreement", "score": 28.7350730896, "published": true}, {"hash": "5bpxYETCJYk", "uri": "/contracts/5bpxYETCJYk#cross-acceleration", "label": "Fiscal Agency Agreement", "score": 24.1800136566, "published": true}], "snippet_links": [{"key": "the-issuer", "type": "definition", "offset": [56, 66]}, {"key": "prepayment-or-redemption", "type": "clause", "offset": [119, 143]}, {"key": "payment-of", "type": "definition", "offset": [178, 188]}, {"key": "principal-of", "type": "definition", "offset": [193, 205]}, {"key": "interest-on-any", "type": "clause", "offset": [209, 224]}, {"key": "due-and-payable", "type": "definition", "offset": [295, 310]}, {"key": "the-grace-period", "type": "clause", "offset": [352, 368]}, {"key": "in-the-case", "type": "clause", "offset": [412, 423]}, {"key": "more-than-30-days", "type": "clause", "offset": [489, 506]}, {"key": "payment-when-due", "type": "clause", "offset": [543, 559]}, {"key": "in-respect-of", "type": "definition", "offset": [620, 633]}, {"key": "any-other-person", "type": "definition", "offset": [670, 686]}, {"key": "provided-that", "type": "clause", "offset": [857, 870]}, {"key": "aggregate-amount", "type": "definition", "offset": [875, 891]}, {"key": "the-relevant", "type": "clause", "offset": [895, 907]}, {"key": "the-events", "type": "clause", "offset": [972, 982]}], "hash": "473f7608cfd6afb481513b639970b513", "id": 9}, {"snippet": "Any default shall occur with respect to (x) any Senior Secured Debt or (y) any other Indebtedness of the Borrower (other than Senior Secured Debt and Permitted Subordinated Debt) having drawn or undrawn principal amounts in excess of $125,000,000 in the aggregate and shall have continued beyond any applicable grace period, the effect of which has been to cause the entire amount of such Indebtedness under this Section 11.2 to become due (whether by redemption, purchase, offer to purchase or otherwise) and such Indebtedness under this Section 11.2 remains unpaid or the acceleration of its stated maturity unrescinded.", "size": 4, "samples": [{"hash": "dNHMMIhpaJa", "uri": "/contracts/dNHMMIhpaJa#cross-acceleration", "label": "Cd Credit Agreement (NextDecade Corp.)", "score": 35.1902809143, "published": true}, {"hash": "9tGXjpklO34", "uri": "/contracts/9tGXjpklO34#cross-acceleration", "label": "TCF Credit Agreement (NextDecade Corp.)", "score": 35.1902809143, "published": true}, {"hash": "e0T2CN8woa1", "uri": "/contracts/e0T2CN8woa1#cross-acceleration", "label": "Credit Agreement (NextDecade Corp.)", "score": 34.6153335571, "published": true}], "snippet_links": [{"key": "default-shall", "type": "definition", "offset": [4, 17]}, {"key": "with-respect-to", "type": "clause", "offset": [24, 39]}, {"key": "senior-secured-debt", "type": "definition", "offset": [48, 67]}, {"key": "indebtedness-of-the-borrower", "type": "definition", "offset": [85, 113]}, {"key": "permitted-subordinated-debt", "type": "definition", "offset": [150, 177]}, {"key": "principal-amounts", "type": "definition", "offset": [203, 220]}, {"key": "in-the-aggregate", "type": "definition", "offset": [247, 263]}, {"key": "applicable-grace-period", "type": "definition", "offset": [300, 323]}, {"key": "effect-of", "type": "definition", "offset": [329, 338]}, {"key": "offer-to-purchase", "type": "clause", "offset": [474, 491]}, {"key": "stated-maturity", "type": "clause", "offset": [594, 609]}], "hash": "945ae8f891998d7fa589cd74018b48a9", "id": 8}, {"snippet": "(a) Any Borrowings of any Obligor or Principal Subsidiary are not paid when due or within any applicable grace period provided in the documentation therefor; or Back to Contents\n(b) any Borrowings of any Obligor or Principal Subsidiary become prematurely due and payable as a result of an event of default (howsoever described) under the document relating to those Borrowings, except that this Clause 22.5 shall not apply to Borrowings of the Obligors and the Principal Subsidiaries the principal or settlement amounts of which are in aggregate euro 50,000,000 or less.", "size": 4, "samples": [{"hash": "kqYxGQ9QrK6", "uri": "/contracts/kqYxGQ9QrK6#cross-acceleration", "label": "Syndicated Revolving Credit Agreement (Koninklijke KPN N V)", "score": 19.0, "published": true}, {"hash": "jqajtaxI61t", "uri": "/contracts/jqajtaxI61t#cross-acceleration", "label": "Syndicated Revolving Credit Agreement (Koninklijke KPN N V)", "score": 19.0, "published": true}], "snippet_links": [{"key": "principal-subsidiary", "type": "clause", "offset": [37, 57]}, {"key": "applicable-grace-period", "type": "definition", "offset": [94, 117]}, {"key": "back-to-contents", "type": "clause", "offset": [161, 177]}, {"key": "due-and-payable", "type": "definition", "offset": [255, 270]}, {"key": "an-event-of-default", "type": "definition", "offset": [286, 305]}, {"key": "relating-to", "type": "definition", "offset": [347, 358]}, {"key": "this-clause", "type": "clause", "offset": [389, 400]}, {"key": "the-obligors", "type": "clause", "offset": [439, 451]}, {"key": "principal-subsidiaries", "type": "clause", "offset": [460, 482]}, {"key": "settlement-amounts", "type": "definition", "offset": [500, 518]}, {"key": "in-aggregate", "type": "definition", "offset": [532, 544]}], "hash": "28e0694301237440c992823fe41eb1f6", "id": 10}], "next_curs": "ClsSVWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjcLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihtjcm9zcy1hY2NlbGVyYXRpb24jMDAwMDAwMGEMogECZW4YACAA", "clause": {"parents": [["events-of-default", "Events of Default"], ["default", "Default"], ["events-of-default-and-remedies", "Events of Default and Remedies"], ["event-of-default", "Event of Default"], ["repetition", "Repetition"]], "title": "Cross-Acceleration", "children": [["the-financial-indebtedness", "The Financial Indebtedness"]], "size": 257, "id": "cross-acceleration", "related": [["equity-acceleration", "Equity Acceleration", "Equity Acceleration"], ["optional-acceleration", "Optional Acceleration", "Optional Acceleration"], ["option-acceleration", "Option Acceleration", "Option Acceleration"], ["events-of-default-acceleration-etc", "Events of Default Acceleration Etc", "Events of Default Acceleration Etc"], ["events-of-default-acceleration", "Events of Default; Acceleration", "Events of Default; Acceleration"]], "related_snippets": [], "updated": "2026-05-06T04:38:42+00:00", "also_ask": ["How can cross-acceleration clauses be strategically leveraged or resisted in negotiations?", "What are the essential elements that must be included for a cross-acceleration clause to be effective?", "What are the most significant risks or unintended consequences associated with cross-acceleration provisions?", "How do cross-acceleration clauses differ from cross-default clauses in terms of legal effect and risk allocation?", "What factors do courts consider when determining the enforceability of cross-acceleration clauses?"], "drafting_tip": "Specify triggering events and relevant obligations to prevent misinterpretation; align definitions with related agreements to ensure consistency; clarify notice requirements to facilitate timely enforcement.", "explanation": "The Cross-Acceleration clause allows a lender to declare a default under one agreement if the borrower defaults on another specified agreement, typically involving other loans or financial obligations. In practice, if a borrower fails to make payments or breaches terms on a separate loan, this clause enables the lender to accelerate repayment of the current loan, even if the borrower is otherwise in compliance with its terms. The core function of this clause is to protect lenders by preventing borrowers from selectively defaulting on obligations and to ensure that financial distress in one area triggers a response across related agreements, thereby managing credit risk more effectively."}, "json": true, "cursor": ""}}