Cross Default; Default on Other Debt Sample Clauses

Cross Default; Default on Other Debt. The occurrence of any default on any other obligation or indebtedness of Borrower or any guarantor of Borrower to any third parties so that the holder of such obligation or indebtedness declares such obligation or indebtedness due prior to its date of maturity;
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Cross Default; Default on Other Debt. Any other material default by Debtor or any Subsidiary on or with respect to any of the Obligations or under any of the Relevant Documents occurs, or any payment default or other material default occurs under any Senior Debt Documents of Debtor or any Subsidiary or any Revolving Debt Document of Debtor or any Subsidiary or any other event occurs relating to such Senior Debt or Revolving Debt or that entitles any Person or Persons to declare any material part of such Senior Debt or Revolving Debt due prior to its date of maturity or any material portion of any Senior Debt or Revolving Debt is accelerated.
Cross Default; Default on Other Debt. (a) Any other default on any of the Obligations or under any of the Relevant Documents occurs, or (b) default occurs under any indebtedness or other obligation of Borrower, or of any guarantor of any of the Obligations, to any third party that entitles such third party to declare such indebtedness or other obligation due prior to its date of maturity;
Cross Default; Default on Other Debt. A default on any of the Obligations (with the exception of defaults covered by Subsection 11.1 and 11.2 above) or any default on any other obligation or indebtedness of Borrower or any Guarantor to any Person beyond any applicable grace period, so that the holder of such indebtedness declares such indebtedness due prior to its date of maturity because of Borrower's or such Guarantor's default thereunder, provided however, that Borrower's or such Guarantor's failure to make such payment shall not be deemed a default hereunder if same is being contested in good faith;
Cross Default; Default on Other Debt. (a) The occurrence of any Event of Default on any of the Obligations, an Event of Default under any Loan Document or any default on any other obligation or indebtedness of the Borrower, or any Guarantor to any third-party so that the holder of such obligation or indebtedness declares such obligation or indebtedness due prior to its date of maturity because of the Borrower's, or a Guarantor's default thereunder.
Cross Default; Default on Other Debt. (a) Any other default on any of the Obligations or under any of the Relevant Documents occurs, after applicable notice and cure periods, if any, or (b) default occurs under any indebtedness for borrowed money of Borrower, or of any Guarantor of any of the Obligations, to any third party which in the aggregate exceeds One Hundred Thousand ($100,000.00) Dollars, and such third party declares such indebtedness or other obligation due prior to its date of maturity.
Cross Default; Default on Other Debt. (a) Any other default (which has not been waived) by any other Person on or with respect to any of the Obligations (other than under the Loan Documents) occurs, or (b) any default (which has not been waived) occurs under any other indebtedness or other obligation of Borrower, or of any guarantor of any of the Obligations, in an aggregate principal amount of $250,000 or more to any one or more third parties, that entitles any such third party to declare such indebtedness or other obligation due prior to its date of maturity.
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Cross Default; Default on Other Debt. (a) Any other default on any of the Obligations or under any of the Relevant Documents occurs, or (b) default occurs under any material Indebtedness of Borrower, or of any guarantor of any of the Obligations, to any Person that entitles such Person to declare such Indebtedness due prior to its date of maturity, including without limitation, the occurrence of any Event of Default under and as defined in the Indenture, "material" meaning for this purpose Indebtedness in the aggregate amount of $1,000,000 or more;
Cross Default; Default on Other Debt. The occurrence of any default on any other obligation or indebtedness of any Borrower to any third parties so that the holder of such obligation or indebtedness declares such obligation or indebtedness due prior to its date of maturity because of such Borrower’s default thereunder and such default continues for more than thirty (30) Business Days after written notice of such default by Agent;
Cross Default; Default on Other Debt. (a) Any other default on any of the Obligations or under any of the Relevant Documents occurs, after applicable notice and cure periods, if any, or (b) default occurs under any indebtedness or other obligation of Borrower, or of any Guarantor of any of the Obligations, to any third party which in the aggregate exceeds One Hundred Thousand ($100,000.00) Dollars, entitling such third party to declare such indebtedness or other obligation due prior to its date of maturity, provided, however, with respect to defaults that exist as of the date of this Agreement, or hereafter occur, in the payment of NJEDA indebtedness; the Borrower's trade debt; or any indebtedness of Borrower to Xxxxx-Illinois, such defaults shall not constitute an Event of Default hereunder unless and until NJEDA or such trade creditor and/or Xxxxx- Illinois takes affirmative action to enforce its rights with respect to such indebtedness and/or trade debt. With respect to any default currently existing under Borrower's obligations to Sanwa Business Credit Corporation ("Sanwa") relating to the sale to Borrower of the Oracle Software System, such default shall not constitute an Event of Default hereunder unless and until Sanwa takes (or threatens to take) any action that in the sole opinion of Lender may have a material adverse effect on Borrower's ability to operate its business in the ordinary course;
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