Defaults on Other Indebtedness Sample Clauses

Defaults on Other Indebtedness. Neither New Borrower nor any Related Entities has materially defaulted under its or their obligations with respect to any other indebtedness.
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Defaults on Other Indebtedness. Any breach of, or “event of default” or similar event under, any Contract governing any Material Indebtedness shall occur and the effect of which breach or “event of default” or similar event is to (x) cause such Material Indebtedness becoming due prior to its scheduled maturity or (y) enable or permit (with or without the giving of notice, the lapse of time or both) the holder or holders of such Material Indebtedness or any trustee or agent on its or their behalf to cause such Material Indebtedness to become due, or to require the prepayment, repurchase, redemption or defeasance thereof, prior to its scheduled maturity; provided that this Section 11.01(g) shall not apply to (x) secured Indebtedness that becomes due as a result of the voluntary sale or transfer of the property or assets securing such Material Indebtedness, (y) any conversion of any convertible Indebtedness or satisfaction of any condition giving rise to or permitting a conversion of any convertible Indebtedness; provided that the Borrower has the right to settle any such Indebtedness into Equity Interests of the Borrower (and nominal cash payments in respect of fractional shares and cash payments in respect of accrued and unpaid interest) in accordance with the terms or conditions thereof) and (z) with respect to any Material Indebtedness consisting of Hedging Agreements, termination events or equivalent events pursuant to the terms of such Hedging Agreements and not as a result of any default thereunder by any Obligor or any Subsidiary.
Defaults on Other Indebtedness. None of New Borrower Parties or any Related Entities has materially defaulted under its or their obligations with respect to any other indebtedness.
Defaults on Other Indebtedness. Neither of New Borrower nor any Related Entities has materially defaulted under its or their obligations with respect to any other indebtedness, and, with respect to immaterial defaults by New Borrower or any Related Entities under its or their obligations with respect to any other indebtedness, such immaterial defaults have been cured prior to the date of this Agreement.
Defaults on Other Indebtedness. None of New Borrower Parties or any Related Entities has materially defaulted under its or their obligations with respect to any other indebtedness within seven (7) years prior to the date of this Agreement.
Defaults on Other Indebtedness. None of New Borrower, New Property Owner, New Senior Mezzanine Borrower, Maguire LP nor Maguire Inc., has materially defaulted under its or txxxx xxxxxctive xxxxxxtions with respect to any material indebtedness, and, with respect to immaterial defaults by New Borrower, New Property Owner, New Senior Mezzanine Borrower or Maguire LP with respect to any other material indebtedness, such immxxxxxxx xxfaults have been cured prior to the date of this Agreement.
Defaults on Other Indebtedness. Failure of any Obligor to make any of payment or perform any of its obligations, which failure results in an event of default and/or acceleration of such indebtedness under any existing indebtedness agreements, documents or instruments, as the case may be; or
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Defaults on Other Indebtedness. If there shall occur any ------------------------------ default under any indenture, agreement or instrument evidencing or securing Indebtedness of Leasco in an aggregate principal amount of $1,000,000 or more as a result of which payment of such Indebtedness shall have become due prior to its stated maturity.
Defaults on Other Indebtedness. None of the REIT Borrower Parties has materially defaulted under its or their obligations with respect to any other indebtedness for which a lender was required to enforce its remedies.
Defaults on Other Indebtedness. There presently exists no material default beyond any applicable notice and cure period with respect to any other indebtedness and the obligations of any of the New Borrower Parties thereunder.
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