Cross-Default and Cross-Acceleration. Any Loan Party or any Restricted Subsidiary (A) fails to make any payment beyond the applicable grace period with respect thereto, if any (whether by scheduled maturity, required prepayment, acceleration, demand, or otherwise) in respect of any Indebtedness (other than Indebtedness hereunder and intercompany Indebtedness) having an aggregate outstanding principal amount equal to or greater than the Threshold Amount; (B) fails to observe or perform any other agreement or condition relating to any such Indebtedness, or any other event occurs (other than a default or an event of default in respect of the observance of or compliance with any financial maintenance covenant, which is addressed by clause (C) below), the effect of which default or other event is to cause, or to permit the holder or holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders or beneficiary or beneficiaries) after the expiration of any applicable grace or cure period therefor to cause, with the giving of notice if required, such Indebtedness to become due or to be repurchased, prepaid, defeased or redeemed (automatically or otherwise), in each case, prior to its Stated Maturity; provided that this clause (e)(B) shall not apply to (x) secured Indebtedness that becomes due as a result of the sale or transfer or other Disposition (including a Casualty Event) of the property or assets securing such Indebtedness permitted hereunder and under the documents providing for such Indebtedness and such Indebtedness is repaid when required under the documents providing for such Indebtedness, (y) events of default, termination events or any other similar event under the documents governing Swap Contracts for so long as such event of default, termination event or other similar event does not result in the occurrence of an early termination date or any acceleration or prepayment of any amounts or other Indebtedness payable thereunder or (z) Indebtedness that upon the happening of any such default or event automatically converts (or the same remedy of the holders of such Indebtedness is to convert) into Equity Interests (other than Disqualified Stock or, in the case of a Restricted Subsidiary, Disqualified Stock or Preferred Stock) in accordance with its terms; provided, further, that such failure is unremedied and is not validly waived by the holders of such Indebtedness in accordance with the terms of the documents governing such Indebtedness prior to any termination of...
Cross-Default and Cross-Acceleration. (i) The Borrower fails to make any payment when due (whether by scheduled maturity, required prepayment, acceleration, demand, or otherwise), after giving effect to any applicable grace period, in respect of any Indebtedness or Guarantee (other than Indebtedness under this Agreement or any other Loan Document) having an aggregate Principal Amount equal to or greater than the Threshold Amount; or
Cross-Default and Cross-Acceleration. (i) The Parent Guarantor or any Subsidiary fails to make any payment when due (whether by scheduled maturity, required prepayment, acceleration, demand, or otherwise), after giving effect to any applicable grace period, in respect of any Indebtedness or Guarantee (other than Indebtedness under the Credit Agreement or any other Loan Document) having an aggregate Principal Amount equal to or greater than the Threshold Amount; or
Cross-Default and Cross-Acceleration. (a) Any Financial Indebtedness of the Borrower is not paid when due nor within any originally applicable grace period.
Cross-Default and Cross-Acceleration. 9.4.1 It is clearly understood that in addition to the events provided hereinabove, the following shall also constitute an Event of Default for the purpose of this Agreement and the consequences provided in Clause 9.3 shall follow:
Cross-Default and Cross-Acceleration. Even if the issuer timely and duly complies with all its obligations under the prospectus, the bondholders may be still entitled to declare an event of default and accelerate payments if the issuer has failed to perform its obligations under another public external debt obligation. This is the “cross default” provision. It creates a sort of domino effect in all outstanding debt and may be triggered because of:
Cross-Default and Cross-Acceleration. (a) Any Financial Indebtedness of any member of the Group is not paid when due or within any originally applicable grace period.
Cross-Default and Cross-Acceleration. (a) Any Financial Indebtedness of the Borrower or any of its Subsidiaries is not paid when due and such non-payment is not cured within the earlier of seven (7) days or any shorter period after which such non-payment would constitute an event of default (however described) under or with respect to any other Financial Indebtedness of the Borrower or any of its Subsidiaries.
Cross-Default and Cross-Acceleration. 23.5.1 Any of the following occurs in respect of any Obligor or Material Subsidiary:
