Default in Other Indebtedness. The Borrower or any Principal Subsidiary shall fail to make any payment of any amount in respect of Indebtedness in an aggregate principal amount of $50,000,000 or more, when and as the same shall become due and payable after giving effect to any applicable grace periods; or
Default in Other Indebtedness. (i) Failure of Borrower or any of its Subsidiaries to pay when due any principal of or interest on or any other amount payable in respect of one or more items of Indebtedness (other than Indebtedness referred to in subsection 8.1) or Contingent Obligations with an aggregate principal amount of $250,000 or more, in each case beyond the end of any grace period provided therefor (not to exceed 30 days); or
Default in Other Indebtedness. A default by the Company with respect to any indebtedness (other than as permitted for notes provided for in this agreement) upon becoming due and payable or upon having been declared due and payable prior to expressed maturity by reason of default of the Company, or in the performance or observance of any obligations or conditions relating thereto.
Default in Other Indebtedness. If the Borrower or any of the Subsidiaries is in default under any Senior Indebtedness in excess of $10,000,000 where such default would entitle the holder to accelerate repayment of the debt, and, in each case, such default is not cured in any applicable grace period or waived in writing; or
Default in Other Indebtedness. (i) Failure of any Credit Party or any Subsidiary to pay when due any principal of or interest on or any other amount payable in respect of any Indebtedness in an Exhibit 10.1 aggregate principal amount of $5,000,000 beyond the grace or cure period, if any, provided therefor; or (ii) any breach or default by any Credit Party or any Subsidiary with respect to any other term of any Indebtedness in an aggregate principal amount of $5,000,000 beyond the grace or cure period, if any, provided therefor, or any other event occurs, in each case, if the effect of such breach or default or other event is to cause, or to permit the holder or holders of such Indebtedness (or a trustee on behalf of such holder or holders) to cause, such Indebtedness to become or be declared due and payable (or subject to a compulsory repurchase or redemption) prior to its stated maturity or the stated maturity of any underlying obligation, as the case may be; or
Default in Other Indebtedness. If (A) there shall be outstanding any amount or amounts owing in respect of indebtedness for borrowed money exceeding an aggregate of the lesser of (i) U.S. $25,000,000 (or the Equivalent Amount in any other currency or currencies) and (ii) the lowest cross default figure provided for in the Note Purchase Agreement or any other Senior Debt Agreement, which the Borrower and the other Material Parties shall have failed to pay when due and payable, or (B) if any amount or amounts exceeding an aggregate of the lesser of (i) U.S. $25,000,000 (or the Equivalent Amount in any other currency or currencies) and (ii) the lowest cross default figure provided for in the Note Purchase Agreement or any other Senior Debt Agreement, shall have become due and payable by, or could then be declared to be due and payable by, the Borrower and the other Material Parties prior to the stated maturity date thereof, or prior to the regularly scheduled date for payment thereof, as a result of any default or event of default (however described) or other failure by the Borrower and the other Material Parties to perform or observe any obligation or covenant; and in all such cases, such failure, default or event of default has not been remedied or cured within any applicable grace periods.
Default in Other Indebtedness. The occurrence of any event such that, after giving effect to the expiration of any applicable grace periods, Indebtedness, which when aggregated with all other like Indebtedness of the Borrower or any of its Subsidiaries to any creditor other than the Agent or any Lender which could (after giving effect to the expiration of any applicable grace periods) be accelerated, exceeds Three Million Dollars ($3,000,000.00).
Default in Other Indebtedness. 26 14.4 DEFAULT UNDER XXXXXXX & YALE CREDIT AGREEMENT...................................................................26 14.5
Default in Other Indebtedness. If the Borrower defaults under the terms of any other writing or agreement evidencing indebtedness for borrowed money and the creditor thereof exercises a right of acceleration and demands the immediate payment by the Borrower of such indebtedness prior to its scheduled maturity.
Default in Other Indebtedness. If any event of default as defined in any instrument or agreement (other than this Agreement) shall occur such that any of the indebtedness or liability of the Borrower in excess of $10,000,000 under such instrument or agreement is declared due and payable prior to the date on which the same would otherwise become due and payable or if the Borrower defaults in the payment of any principal amount in excess of $10,000,000 (other than to the Agent or any of the Lenders) which has become due and payable.
