Common use of Third Party Default Clause in Contracts

Third Party Default. If Borrower shall suffer a default in the performance under any agreement with any other Person, other than Lender where such default involves a contractual liability of Borrower in excess of $100,000.00 and such default is not cured within any applicable notice and cure period under such agreement;

Third Party Default. If any Borrower shall suffer a default in the performance under any under: A. Any of the Prior Notes; or B. Any other agreement with any other Person, other than Lender where such default involves a contractual liability of such Borrower in excess of $100,000.00 and such default is not cured within any applicable notice and cure period under such agreement;