Common use of Cross-Defaults Clause in Contracts

Cross-Defaults. (i) The Borrower or any of its Subsidiaries shall default in the making of any payment of any principal of or premium or interest on any Debt which is outstanding in a principal amount of at least $5,000,000 (but excluding Debt evidenced by the Notes) when the same becomes due and payable (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise), and such failure shall continue after the applicable grace period, if any, specified in the agreement or instrument relating to such Debt; (ii) Any other event shall occur or condition shall exist under any agreement or instrument relating to Debt of the Borrower or any of its Subsidiaries which is outstanding in a principal amount of at least $5,000,000, and shall continue after the applicable grace period, if any, specified in such agreement or instrument, if the effect of such event or condition is to accelerate, or to permit the acceleration of, the maturity of such Debt; (iii) Any such Debt referred to in clauses (i) or (ii) above shall be declared to be due and payable, or required to be prepaid (other than by a regularly scheduled required prepayment), prior to the stated maturity thereof; or (A) Any default or event of default shall have occurred under any of the Material Contracts which has not been cured within any applicable grace period and which default or event of default could reasonably be expected to have a Material Adverse Effect, or (B) any of the Material Contracts shall have terminated.

Cross-Defaults. (i) The Borrower or any of its Subsidiaries Any Credit Party shall default in the making of any payment of fail to pay any principal of or premium or interest on any its Debt which is outstanding in a principal amount of at least $5,000,000 individually or when aggregated with all such Debt of the Credit Parties so in default (but excluding Debt evidenced by the Notes) when the same becomes due and payable (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise), and such failure shall continue after the applicable grace period, if any, specified in the agreement or instrument relating to such Debt; ; (ii) Any any other event shall occur or condition shall exist under any agreement or instrument (including, without limitation, the Subordinated Credit Agreement) relating to Debt of the Borrower or any of its Subsidiaries which is outstanding in a principal amount of at least $5,000,0005,000,000 individually or when aggregated with all such Debt of the Credit Parties so in default, and shall continue after the applicable grace period, if any, specified in such agreement or instrument, if the effect of such event or condition is to accelerate, or to permit the acceleration of, the maturity of such Debt; ; or (iii) Any any such Debt referred to in clauses (i) or (ii) above shall be declared to be due and payable, or required to be prepaid (other than by a regularly scheduled required prepayment or optional prepayment), prior to the stated maturity thereof; or (A) Any default or event of default shall have occurred under any of the Material Contracts which has not been cured within any applicable grace period and which default or event of default could reasonably be expected to have a Material Adverse Effect, or (B) any of the Material Contracts shall have terminated.;

Cross-Defaults. (i) The Borrower or any of its Subsidiaries Any Obligor shall default in the making of any payment of fail to pay any principal of or premium or interest on any its Debt which is outstanding in a principal amount of at least $5,000,000 50,000,000 individually or when aggregated with all such Debt of any Obligor so in default (but excluding Debt evidenced by the Notes) when the same becomes due and payable (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise), and such failure shall continue after the applicable grace period, if any, specified in the agreement or instrument relating to such Debt; ; (ii) Any any other event shall occur or condition shall exist under any agreement or instrument relating to Debt of the Borrower or any of its Subsidiaries which is outstanding in a principal amount of at least $5,000,00050,000,000 individually or when aggregated with all such Debt of any Obligor so in default, and shall continue after the applicable grace period, if any, specified in such agreement or instrument, if the effect of such event or condition is to accelerate, or to permit the acceleration of, the maturity of such Debt; ; or (iii) Any any such Debt referred to in clauses (i) or (ii) above shall be declared to be due and payable, or required to be prepaid (other than by a regularly scheduled required prepayment), prior to the stated maturity thereof; or (A) Any default or event provided that, for purposes of default shall have occurred under any this subsection 7.01(d), the “principal amount” of the Material obligations in respect of Hedge Contracts which has not been cured within at any applicable grace period and which default or event of default could reasonably time shall be expected to have a Material Adverse Effect, or (B) any of the Material Contracts shall have terminatedHedge Termination Amount.

Cross-Defaults. (i) The Borrower or any of its Subsidiaries shall default in the making of any payment of fail to pay any principal of or premium or interest on any its Debt which is outstanding in a principal amount of at least $5,000,000 50,000 individually or when aggregated with all such Debt of the Borrower so in default (but excluding Debt evidenced by the Notes) when the same becomes due and payable (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise), and such failure shall continue after the applicable grace period, if any, specified in the agreement or instrument relating to such Debt; (ii) Any any other event shall occur or condition shall exist under any agreement or instrument relating to Debt (but excluding Debt evidenced by the Notes) of the Borrower or any of its Subsidiaries which is outstanding in a principal amount of at least $5,000,00050,000 individually or when aggregated with all such Debt of the Borrower so in default, and shall continue after the applicable grace period, if any, specified in such agreement or instrument, if the effect of such event or condition is to accelerate, or to permit the acceleration of, the maturity of such Debt; (iii) Any such Debt referred to an Event of Default (as defined in clauses (iany of the Lease Documents, Credit Documents or Security Documents) or a Default (iias defined in the Residual Guaranty) above shall occur and be declared to be due and payable, or required to be prepaid (other than by a regularly scheduled required prepayment), prior to the stated maturity thereofcontinuing; or (Aiv) Any default or any event of default shall have occurred under any occur which causes a limited partner of the Material Contracts which has not been cured within any applicable grace period and which default or event of default could reasonably Borrower to be expected to have deemed a Material Adverse Effect, or (B) any general partner of the Material Contracts shall have terminatedBorrower.

Cross-Defaults. (i) The Borrower or any of its Subsidiaries Any Credit Party shall default in the making of any payment of fail to pay any principal of or premium or interest on any its Debt which is outstanding in a principal amount of at least $5,000,000 1,000,000 individually or when aggregated with all such Debt of the Credit Parties so in default (but excluding Debt evidenced by the Notes) when the same becomes due and payable (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise), and such failure shall continue after the applicable grace period, if any, specified in the agreement or instrument relating to such Debt; ; (ii) Any any other event shall occur or condition shall exist under any agreement or instrument (including, without limitation, the Subordinated Credit Agreement) relating to Debt of the Borrower or any of its Subsidiaries which is outstanding in a principal amount of at least $5,000,0001,000,000 individually or when aggregated with all such Debt of the Credit Parties so in default, and shall continue after the applicable grace period, if any, specified in such agreement or instrument, if the effect of such event or condition is to accelerate, or to permit the acceleration of, the maturity of such Debt; ; or (iii) Any any such Debt referred to in clauses (i) or (ii) above shall be declared to be due and payable, or required to be prepaid (other than by a regularly scheduled required prepayment or optional prepayment), prior to the stated maturity thereof; or (A) Any default or event of default shall have occurred under any of the Material Contracts which has not been cured within any applicable grace period and which default or event of default could reasonably be expected to have a Material Adverse Effect, or (B) any of the Material Contracts shall have terminated.;

Cross-Defaults. (i) The Borrower or any of its Subsidiaries Any Credit Party shall default in the making of any payment of fail to pay any principal of or premium or interest on any its Debt which is outstanding in a principal amount of at least $5,000,000 10,000,000 individually or when aggregated with all such Debt of the Credit Parties so in default (but excluding Debt evidenced by the Notes) when the same becomes due and payable (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise), and such failure shall continue after the applicable grace period, if any, specified in the agreement or instrument relating to such Debt; ; or (ii) Any any other event shall occur or condition shall exist under any agreement or instrument relating to Debt of the Borrower or any of its Subsidiaries which is outstanding in a principal amount of at least $5,000,00010,000,000 individually or when aggregated with all such Debt of the Credit Parties so in default, and shall continue after the applicable grace period, if any, specified in such agreement or instrument, if the effect of such event or condition is to accelerate, or to permit the acceleration of, the maturity of such Debt; (iii) Any Debt or to require such Debt referred to in clauses (i) or (ii) above shall be declared to be due and payable, or required to be prepaid (other than by a regularly scheduled required prepayment or optional prepayment), ) prior to the stated maturity thereof; or (A) Any default or event of default shall have occurred under any of the Material Contracts which has not been cured within any applicable grace period and which default or event of default could reasonably be expected to have a Material Adverse Effect, or (B) any of the Material Contracts shall have terminated.;

Cross-Defaults. (i) The Borrower or any of its Subsidiaries Any Credit Party shall default in the making of any payment of fail to pay any principal of or premium or interest on any its Debt which is outstanding in a principal amount of at least $5,000,000 individually or when aggregated with all such Debt of the Credit Parties so in default (but excluding Debt evidenced by the Subordinated Notes) when the same becomes due and payable (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise), and such failure shall continue after the applicable grace period, if any, specified in the agreement or instrument relating to such Debt; ; (ii) Any any other event shall occur or condition shall exist under any agreement or instrument (including, without limitation, the Senior Credit Agreement) relating to Debt of the Borrower or any of its Subsidiaries which is outstanding in a principal amount of at least $5,000,0005,000,000 individually or when aggregated with all such Debt of the Credit Parties so in default, and shall continue after the applicable grace period, if any, specified in such agreement or instrument, if the effect of such event or condition is to accelerate, or to permit the acceleration of, the maturity of such Debt; ; or (iii) Any any such Debt referred to in clauses (i) or (ii) above shall be declared to be due and payable, or required to be prepaid (other than by a regularly scheduled required prepayment or optional prepayment), prior to the stated maturity thereof; or (A) Any default or event of default shall have occurred under any of the Material Contracts which has not been cured within any applicable grace period and which default or event of default could reasonably be expected to have a Material Adverse Effect, or (B) any of the Material Contracts shall have terminated.;

Cross-Defaults. (i) The Borrower or any of its Subsidiaries Any Obligor shall default in the making of any payment of fail to pay any principal of or premium or interest on any its Debt which is outstanding in a principal amount of at least $5,000,000 25,000,000 individually or when aggregated with all such Debt of any Obligor so in default (but excluding Debt evidenced by the Notes) when the same becomes due and payable (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise), and such failure shall continue after the applicable grace period, if any, specified in the agreement or instrument relating to such Debt; ; (ii) Any any other event shall occur or condition shall exist under any agreement or instrument relating to Debt of the Borrower or any of its Subsidiaries which is outstanding in a principal amount of at least $5,000,00025,000,000 individually or when aggregated with all such Debt of any Obligor so in default, and shall continue after the applicable grace period, if any, specified in such agreement or instrument, if the effect of such event or condition is to accelerate, or to permit the acceleration of, the maturity of such Debt; ; or (iii) Any any such Debt referred to in clauses (i) or (ii) above shall be declared to be due and payable, or required to be prepaid (other than by a regularly scheduled required prepayment), prior to the stated maturity thereof; or (A) Any default or event of default shall have occurred under any of the Material Contracts which has not been cured within any applicable grace period and which default or event of default could reasonably be expected to have a Material Adverse Effect, or (B) any of the Material Contracts shall have terminated.;

Cross-Defaults. (i) The Borrower or any of its Subsidiaries Any Credit Party shall default in the making of any payment of fail to pay any principal of or premium or interest on any its Debt which is outstanding in a principal amount of at least $5,000,000 1,000,000 individually or when aggregated with all such Debt of the Credit Parties so in default (but excluding Debt evidenced by the Subordinated Notes) when the same becomes due and payable (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise), and such failure shall continue after the applicable grace period, if any, specified in the agreement or instrument relating to such Debt; ; (ii) Any any other event shall occur or condition shall exist under any agreement or instrument (including, without limitation, the Senior Credit Agreement) relating to Debt of the Borrower or any of its Subsidiaries which is outstanding in a principal amount of at least $5,000,0001,000,000 individually or when aggregated with all such Debt of the Credit Parties so in default, and shall continue after the applicable grace period, if any, specified in such agreement or instrument, if the effect of such event or condition is to accelerate, or to permit the acceleration of, the maturity of such Debt; ; or (iii) Any any such Debt referred to in clauses (i) or (ii) above shall be declared to be due and payable, or required to be prepaid (other than by a regularly scheduled required prepayment or optional prepayment), prior to the stated maturity thereof; or (A) Any default or event of default shall have occurred under any of the Material Contracts which has not been cured within any applicable grace period and which default or event of default could reasonably be expected to have a Material Adverse Effect, or (B) any of the Material Contracts shall have terminated.;