Common use of Other Cross-Defaults Clause in Contracts

Other Cross-Defaults. The Borrower or any of its Subsidiaries shall default in the payment when due, or in the performance or observance, of any obligation or condition of any Material Contract 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.

Appears in 9 contracts

Samples: Credit Agreement (Rare Hospitality International Inc), Credit Agreement (Performance Food Group Co), Credit Agreement (Rare Hospitality International Inc)

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Other Cross-Defaults. The Borrower or any of its Subsidiaries shall default in the payment when due, or in the performance or observance, of any obligation or condition of any Material Contract material contract or agreement 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.

Appears in 6 contracts

Samples: Credit Agreement (Suburban Propane Partners Lp), Credit Agreement (Suburban Propane Partners Lp), Credit Agreement (Suburban Propane Partners Lp)

Other Cross-Defaults. The Any Borrower or any of its Subsidiaries shall default in the payment when due, or in the performance or observance, of any obligation or condition of any Material Contract unless, but only as long as, the existence of any such default is being contested by the such Borrower or such Subsidiary in good faith by appropriate proceedings and adequate reserves in respect thereof have been established on the books of the such Borrower or such Subsidiary to the extent required by GAAP.

Appears in 5 contracts

Samples: Credit Agreement (Rare Hospitality International Inc), Credit Agreement (United States Lime & Minerals Inc), Credit Agreement (Breed Technologies Inc)

Other Cross-Defaults. The Any Borrower or any of its Subsidiaries Subsidiary shall default in the payment when due, or in the performance or observance, of any material obligation or condition of any Material Contract unless, but only as long as, the existence of any such default is being contested by the such Borrower or such Subsidiary in good faith by appropriate actions or proceedings and adequate reserves in respect thereof have been established on the books of the such Borrower or such Subsidiary to the extent required by GAAP.

Appears in 3 contracts

Samples: Credit Agreement (Urban Outfitters Inc), Credit Agreement (Urban Outfitters Inc), Credit Agreement (Urban Outfitters Inc)

Other Cross-Defaults. The Any Borrower or any of its Subsidiaries Subsidiary thereof shall default in the payment when due, or in the performance or observance, of any obligation or condition of any Material Contract unless, but only as long as, the existence of any such default is being contested by the such Borrower or such Subsidiary in good faith by appropriate proceedings and adequate reserves in respect thereof have been established on the books of the such Borrower or such Subsidiary to the extent required by GAAP.

Appears in 3 contracts

Samples: Credit Agreement (Cornerstone Realty Income Trust Inc), Credit Agreement (Cornerstone Realty Income Trust Inc), Credit Agreement (Cornerstone Realty Income Trust Inc)

Other Cross-Defaults. The Borrower or any of its Subsidiaries shall default in the payment when due, or in the performance or observance, of any obligation or condition of any (i) Material Contract 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 GAAPGAAP or (ii) any Security Document.

Appears in 2 contracts

Samples: Credit Agreement (Hickory Tech Corp), Credit Agreement (Hickory Tech Corp)

Other Cross-Defaults. The Any Borrower or any of its Subsidiaries Subsidiary thereof shall -------------------- default in the payment when due, or in the performance or observance, of any obligation or condition of any Material Contract unless, but only as long as, the existence of any such default is being contested by the such Borrower or such Subsidiary in good faith by appropriate proceedings and adequate reserves in respect thereof have been established on the books of the such Borrower or such Subsidiary to the extent required by GAAP.

Appears in 2 contracts

Samples: Credit Agreement (Global Imaging Systems Inc), Credit Agreement (Global Imaging Systems Inc)

Other Cross-Defaults. The Borrower or any of its Subsidiaries Subsidiary shall default in the payment when due, or in the performance or observance, of any obligation or condition of any Material Contract unless, but only as long as, the existence of any such default is being contested by the Borrower or any 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.

Appears in 2 contracts

Samples: Credit Agreement (Digital Generation Systems Inc), Credit Agreement (Digital Generation Systems Inc)

Other Cross-Defaults. The Borrower or any of its Restricted Subsidiaries shall default in the payment when due, or in the performance or observance, of any obligation or condition of any Material Contract the breach of which could reasonably be expected to have a Material Adverse Effect unless, but only as long as, the existence of any such default is being contested by the Borrower or such Restricted Subsidiary in good faith by appropriate proceedings and adequate reserves in respect thereof have been established on the books of the Borrower or such Restricted Subsidiary to the extent required by GAAP.

Appears in 2 contracts

Samples: Credit Agreement (Lci International Inc /Va/), Day Credit Agreement (Lci International Inc /Va/)

Other Cross-Defaults. The Borrower or any of its Subsidiaries shall default in the payment when due, or in the performance or observance, of any material obligation or condition of any Material Contract unless, but only as long as, the existence of any such default is being contested by the Borrower or such Subsidiary in good faith and 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.

Appears in 2 contracts

Samples: Credit Agreement (Roanoke Electric Steel Corp), Credit Agreement (Roanoke Electric Steel Corp)

Other Cross-Defaults. The Borrower or any of its Restricted Subsidiaries shall default in the payment when due, or in the performance or observance, of any material obligation or condition of any Material Contract (other than Debt for Money Borrowed) involving monetary liability in an amount in excess of $1,000,000 unless, but only as long as, the existence of any such default is being contested by the Borrower or such Restricted 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.

Appears in 2 contracts

Samples: Credit Agreement (Insignia Esg Holdings Inc), Credit Agreement (Insignia Financial Group Inc /De/)

Other Cross-Defaults. The Domestic Borrower or any of its Subsidiaries shall default in the payment when due, or in the performance or observance, of any obligation or condition of any Material Contract unless, but only as long as, the existence of any such default is being contested by the Domestic Borrower or any such Subsidiary in good faith by appropriate proceedings and adequate reserves in respect thereof have been established on the books of the Domestic Borrower or such Subsidiary to the extent required by GAAP.

Appears in 2 contracts

Samples: Credit Agreement (G&k Services Inc), Credit Agreement (G&k Services Inc)

Other Cross-Defaults. The Borrower or any of its Subsidiaries shall default in the payment when due, or in the performance or observance, of any obligation or condition of any Material Contract unless, but only as long as, the existence of any such default is being contested by the Borrower or any 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.

Appears in 2 contracts

Samples: Credit Agreement (Rare Hospitality International Inc), Credit Agreement (Rare Hospitality International Inc)

Other Cross-Defaults. The Any Borrower or any of its Subsidiaries Subsidiary -------------------- shall default in the payment when due, or in the performance or observance, of any material obligation or condition of any Material Contract unless, but only as long as, the existence of any such default is being contested by the such Borrower or such Subsidiary in good faith by appropriate actions or proceedings and adequate reserves in respect thereof have been established on the books of the such Borrower or such Subsidiary to the extent required by GAAP.

Appears in 1 contract

Samples: Credit Agreement (Urban Outfitters Inc)

Other Cross-Defaults. The Borrower or any of its Subsidiaries shall default in the payment when due, or in the performance or observance, of any obligation or condition of any Material Contract and such default shall continue beyond the period of grace, if any, provided in such Material Contract 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.

Appears in 1 contract

Samples: Credit Agreement (Medcath Inc)

Other Cross-Defaults. The Borrower or any of its Subsidiaries Subsidiary thereof shall default in the payment when due, or in the performance or observance, of any obligation or condition of any Material Contract unless, but only as long as, the existence of any such default is being contested by the Borrower or any 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.

Appears in 1 contract

Samples: Credit Agreement (Southwest Gas Corp)

Other Cross-Defaults. The Borrower or any of its Subsidiaries shall default in the payment when due, or in the performance or observance, of any obligation or condition of any Material Contract 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.

Appears in 1 contract

Samples: Credit Agreement (Golf Trust of America Inc)

Other Cross-Defaults. The Borrower Borrowers or any of its their Subsidiaries shall default in the payment when due, or in the performance or observance, of any material obligation or material condition of any Material Contract unless, but only as long as, the existence of any such default is being contested by the Borrower Borrowers or such Subsidiary in good faith by appropriate proceedings and adequate reserves in respect thereof have been established on the books of the Borrower Borrowers or such Subsidiary to the extent required by GAAP.

Appears in 1 contract

Samples: Credit Agreement (Condor Technology Solutions Inc)

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Other Cross-Defaults. The Borrower or any of its Subsidiaries shall default in the payment when due, or in the performance or observance, of any obligation or condition of any Material Contract unless, but only as long as, the existence of any such default is being contested by the Borrower or any such Subsidiary in good faith by appropriate proceedings and adequate reserves in respect thereof have been established on the books of the Borrower or any such Subsidiary to the extent required by GAAP.

Appears in 1 contract

Samples: Credit Agreement (Checkpoint Systems Inc)

Other Cross-Defaults. The Borrower or any Any of its Subsidiaries the Borrowers shall default in the payment when due, or in the performance or observance, of any obligation or condition of any Material Contract unless, but only as long as, the existence of any such default is being contested by the Borrower or such Subsidiary Borrowers in good faith by appropriate proceedings and adequate reserves in respect thereof have been established on the books of the Borrower or such Subsidiary Borrowers to the extent required by GAAP.

Appears in 1 contract

Samples: Credit Agreement (Med Waste Inc)

Other Cross-Defaults. The Borrower or any of its Subsidiaries shall default in the payment when due, or in the performance or observance, of any obligation or condition of any Material Contract 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 GAAPGAAP or the existence of any such default could not reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Gt Interactive Software Corp)

Other Cross-Defaults. The Borrower or any of its Subsidiaries shall default in the payment when due, or in the performance or observance, of any material obligation or material condition of any Material Contract 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.

Appears in 1 contract

Samples: Credit Agreement (Mindspring Enterprises Inc)

Other Cross-Defaults. The Any Borrower or any of its Subsidiaries shall default in the payment when due, or in the performance or observance, of any obligation or condition of any Material Contract unless, but only as long as, the existence of any such default is being contested by the such Borrower or such Subsidiary in good faith by appropriate proceedings and adequate reserves in respect thereof have been established on the books of the such Borrower or such Subsidiary to the extent required by GAAP.

Appears in 1 contract

Samples: Credit Agreement (Sholodge Inc)

Other Cross-Defaults. The Borrower or any of its Subsidiaries -------------------- shall default in the payment when due, or due (the aggregate outstanding amount of which is in the performance or observance, excess of any obligation or condition of $2,000,000) under any Material Contract 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.

Appears in 1 contract

Samples: Credit Agreement (American Business Information Inc /De)

Other Cross-Defaults. The Borrower or any of its Subsidiaries shall default in the payment when due, or in the performance or observance, of any obligation or condition of (i) any Material Contract 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 GAAPGAAP or (ii) any Security Document.

Appears in 1 contract

Samples: Credit Agreement (Hickory Tech Corp)

Other Cross-Defaults. The Any Borrower or any of its Subsidiaries Subsidiary thereof shall default in the payment when due, or in the performance or observance, of any material obligation or material condition of any Material Contract unless, but only as long as, the existence of any such default is being contested by the such Borrower or such Subsidiary in good faith by appropriate proceedings and adequate reserves in respect thereof have been established on the books of the such Borrower or such Subsidiary to the extent required by GAAP.

Appears in 1 contract

Samples: Credit Agreement (Ct Communications Inc /Nc)

Other Cross-Defaults. The Borrower or any of its Subsidiaries Consolidated Entities shall default in the payment when due, or in the performance or observance, of any obligation or condition of any Material Contract unless, but only as long as, the existence of any such default is being contested by the Borrower or such Subsidiary Consolidated Entity in good faith by appropriate proceedings and adequate reserves in respect thereof have been established on the books of the Borrower or such Subsidiary Consolidated Entity to the extent required by GAAP.

Appears in 1 contract

Samples: Credit Agreement (Quorum Health Group Inc)

Other Cross-Defaults. The Borrower Borrowers or any of its their Subsidiaries shall default in the payment when due, or in the performance or observance, of any obligation or condition of any Material Contract unlessContract; provided and except, but only the foregoing shall not apply so long as long as, the existence of any such default is being contested by the Borrower Borrowers or such Subsidiary in good faith by appropriate proceedings diligently conducted, and adequate reserves in respect thereof have been established on the books of the Borrower Borrowers or such Subsidiary to the extent required by GAAP.

Appears in 1 contract

Samples: Credit Agreement (Vermont Pure Holdings LTD)

Other Cross-Defaults. The Borrower or any of its Subsidiaries shall default in the payment when due, due or in the performance or observance, observance of any obligation or condition of any Material Contract and such failure to pay or 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.

Appears in 1 contract

Samples: Credit Agreement (Sunair Electronics Inc)

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