Default on Other Obligations. Any event of default shall occur under any agreement, document or instrument to which any Loan Party or any Subsidiary of any Loan Party (other than any Unrestricted Timber Subsidiary) is a party, or their property or assets are bound, which involves claims or liabilities in excess of (a) $5,000,000, individually or (b) the Material Threshold in the aggregate.
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Samples: Credit Agreement (CatchMark Timber Trust, Inc.), Credit Agreement (CatchMark Timber Trust, Inc.)
Default on Other Obligations. Any event of default shall occur under any agreement, document or instrument to in which any Loan Party or any Subsidiary of any Loan Party (other than any Unrestricted Timber Subsidiary) is a party, or their property or assets are bound, which involves claims a claim or liabilities in excess liability of (a) $5,000,000, individually 500,000 or (b) the Material Threshold in the aggregatemore.
Appears in 2 contracts
Samples: Credit Agreement (CatchMark Timber Trust, Inc.), Credit Agreement (CatchMark Timber Trust, Inc.)
Default on Other Obligations. Any event of default shall occur under any agreement, document or instrument to in which any Loan Party or any Subsidiary of any Loan Party (other than any Unrestricted Timber Subsidiary) is a party, or their property or assets are bound, which involves claims or liabilities in excess of (a) $5,000,000, individually or (b) the Material Threshold 1,000,000 in the aggregate.
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Default on Other Obligations. Any event of default shall occur under any agreement, document or instrument to which any Loan Party or any Subsidiary of any Loan Party (other than any Unrestricted Timber Subsidiary) is a party, or their property or assets are bound, which involves claims or liabilities in excess of (a) $5,000,000, individually or (b) the Material Threshold in the aggregate.. 193 46267678.11
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