Common use of Default Under Other Debt Clause in Contracts

Default Under Other Debt. The occurrence of any event which permits the acceleration of the maturity of any Debt for borrowed money in an aggregate principal amount in excess of One Million Five Hundred Thousand And No/100 Dollars ($1,500,000.00) owing by Debtor to any third party under any agreement or understanding.

Default Under Other Debt. The occurrence of any event which permits the acceleration of the maturity of any Debt for borrowed money in an aggregate principal amount in excess of One Million Five Hundred Thousand And No/100 Dollars ONE HUNDRED THOUSAND AND NO/100 DOLLARS ($1,500,000.00100,000.00) owing by Debtor any Obligor to any third party under any agreement or understanding.

Default Under Other Debt. The occurrence of any event which permits the acceleration of the maturity of any Debt for borrowed money in an aggregate principal amount in excess of One Million Five Hundred Thousand And No/100 Dollars ($1,500,000.00) owing by Debtor Borrower to any third party under any agreement or understanding..    

Default Under Other Debt. The occurrence of any event which permits the acceleration of the maturity of any Debt for borrowed money in an aggregate principal amount in excess of One Million Five Hundred Thousand And No/100 Dollars ($1,500,000.00) owing by Debtor Borrower to any third party under any agreement or understanding.

Default Under Other Debt. The occurrence of any event which permits the acceleration of the maturity of any Debt for borrowed money in an aggregate principal amount in excess of One Million Five Hundred Thousand And and No/100 Dollars ($1,500,000.00) owing by Debtor Borrower to any third party under any agreement or understanding..