Common use of Payment Cross-Default Clause in Contracts

Payment Cross-Default. if ▇▇▇▇▇▇, the Borrower or any of its Subsidiaries (or any combination thereof) defaults in the payment when due (whether at maturity, upon acceleration, or otherwise) of Debt or Financial Instrument Obligations thereof in aggregate in excess of Cdn. $1,000,000 (or the Equivalent Amount thereof in any other currency);

Payment Cross-Default. if ▇▇▇▇▇▇, the Borrower or any of its Subsidiaries (or any combination thereof) defaults in the payment when due (whether at maturity, upon acceleration, or otherwise) of Debt or Financial Instrument Obligations thereof in aggregate in excess of Cdn. $1,000,000 100,000 (or the Equivalent Amount thereof in any other currency);