Other Cross-Default Sample Clauses

Other Cross-Default. Any “event of default” or any other default which permits a demand for, or requires, the early repayment of obligations due by a Seller Party or its Affiliates under any note, indenture, loan agreement, guaranty, swap agreement, Hedge Agreement or other Indebtedness in excess of $1,000,000 of Seller Party or any Affiliate; or
AutoNDA by SimpleDocs
Other Cross-Default. (i) The Borrower or any of its Subsidiaries fails to make any payment when due (whether by scheduled maturity, required prepayment, acceleration, demand or otherwise) in respect of any Indebtedness or guarantee (other than Indebtedness hereunder or any Margin Indebtedness) having an aggregate principal amount of more than [* * *]; (ii) the Borrower or any of its Subsidiaries fails to observe or perform any other agreement or condition relating to any such Indebtedness having an aggregate principal amount of more than [* * *] or guarantee or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event occurs, the effect of which default or other event is to cause, or to permit the holder or holders of such Indebtedness or the beneficiary or beneficiaries of such guarantee (or a trustee or agent on behalf of such holder or holders or beneficiary or beneficiaries) to cause, with the giving of notice if required, such Indebtedness to be demanded or to become due or to be repurchased, prepaid, defeased or redeemed (automatically or otherwise), or an offer to repurchase, prepay, defease or redeem such Indebtedness to be made, prior to its stated maturity, or such guarantee to become payable or cash collateral in respect thereof to be demanded; or (iii) there occurs under any Swap Contract an Early Termination Date (as defined in such Swap Contract) resulting from (A) any event of default under such Swap Contract as to which the Borrower or any of its Subsidiaries is the Defaulting Party (as defined in such Swap Contract) or (B) any Termination Event (as so defined) under such Swap Contract as to which the Borrower or any of its Subsidiaries is an Affected Party (as so defined) and, in either event, the Swap Termination Value owed by the Borrower or any of its Subsidiaries as a result thereof is greater than [* * *]; or
Other Cross-Default. Any default or event of default arising from any Loan Party's failure to pay amounts due or failure to perform or observe any term, covenant, condition or agreement on its part to be performed or observed and contained in any note, loan agreement, indenture or other contract entered into by such Loan Party with the Lender or any affiliate of the Lender shall occur (following the expiration of any applicable cure periods).
Other Cross-Default. The Credit Parties or any of their Subsidiaries shall default in (i) the payment when due under any Material Contract or (ii) in the performance or observance, of any obligation or condition of any Material Contract and such failure to perform or observe such other obligation or condition continues unremedied for a period of thirty (30) days after notice of the occurrence of such default unless, but only as long as, the existence of any such default is being contested by the Borrower or such Subsidiary in good faith by appropriate proceedings and adequate reserves in respect thereof have been established on the books of the Borrower or such Subsidiary to the extent required by GAAP.
Other Cross-Default. Any “event of default” or any other default which permits a demand for, or requires, the early repayment of obligations due by Seller under any note, indenture, loan agreement, guaranty, swap agreement or other Indebtedness, in excess of the Cross-Default Threshold of Seller; or
Other Cross-Default. Any “event of default” or any other default by a Seller under any Indebtedness to which any Seller is a party, in the aggregate, in excess of [***] outstanding, which has resulted in the acceleration of the maturity of such Indebtedness; provided, that such default shall be deemed cured automatically and without any action by Buyer or such Seller, if, within [***] after Sellers’ receipt of notice of such acceleration, (A) the Indebtedness that was the basis for such default is discharged in full; (B) the holder of such Indebtedness has rescinded, annulled or waived the acceleration, notice or action giving rise to such default or (C) such default has been cured and no “event of default” or any other default continues under such note, indenture, loan agreement, guaranty, or other Indebtedness.
Other Cross-Default. The Credit Parties or any of their Subsidiaries shall default in (i) the payment when due under any Material Contract and shall have failed to cure such payment default within any applicable grace period set forth therein or (ii) in the performance or observance, of any obligation or condition of any Material Contract and such failure to perform or observe such other obligation or condition continues unremedied beyond any applicable grace or cure period set forth therein, but only as long as, the existence of any such default is being contested by the Credit Parties in good faith by appropriate proceedings and adequate reserves in respect thereof have been established on the books of the Credit Parties to the extent required by GAAP.
AutoNDA by SimpleDocs
Other Cross-Default. Any “event or default” or any other default which permits a demand for, or requires, the early repayment of obligations (i) due by Seller or its Subsidiaries with any note, indenture, loan agreement, guaranty, swap agreement, Hedge Agreement or other Indebtedness in excess of $500,000 of Seller or any of its Subsidiaries or (ii) due by Xxxxxx Investment Management Corp. under (1) that certain First Lien Credit Agreement, dated as of July 1, 2011, between Xxxxxx Investment Management Corp. and the lenders specified therein or (2) that certain Second Lien Credit Agreement, dated as of July 1, 2011, between Xxxxxx Investment Management Corp. and the lenders specified therein, as the same may be amended, restated, modified or otherwise supplemented from time to time; or
Other Cross-Default. Any “event of default” or any other default (as such terms are defined in the applicable agreements and beyond the expiration of any applicable grace period) which permits a demand for, or requires, the early repayment of obligations due by Seller or its Affiliates under any note, indenture, loan agreement, guaranty, swap agreement, Hedge Agreement or other Indebtedness of Seller or any Affiliate in excess of [***]; or
Other Cross-Default. Any “event of default” or any other default shall have occurred and be continuing which permits a demand for, or requires, the early repayment of obligations due by Seller or its Affiliates under any note, indenture, loan agreement, guaranty, swap agreement, Hedge Agreement or other Indebtedness in excess of $1,000,000 of Seller or any Affiliate to the extent not cured, waived or deemed not to exist after the application of any applicable waiver or cure period; or
Time is Money Join Law Insider Premium to draft better contracts faster.