Default in Other Debt Sample Clauses

Default in Other Debt. (i) The Borrower or any Subsidiary shall default in the payment (whether at stated maturity, upon acceleration, upon required prepayment or otherwise), beyond any period of grace provided therefor, of any principal of or interest on any other Debt with a principal amount (individually or in the aggregate) in excess of $100,000,000, or (ii) any other breach or default (or other event or condition), beyond any period of grace provided therefor, shall occur under any agreement, indenture or instrument relating to any such other Debt with a principal amount (individually or in the aggregate) in excess of $100,000,000, if the effect of such breach or default (or such other event or condition) is to cause, or to permit, the holder or holders of such other Debt (or a Person on behalf of such holder or holders) to cause (upon the giving of notice or otherwise), such other Debt to become or be declared due and payable, or required to be prepaid, redeemed, purchased or defeased (or an offer of prepayment, redemption, purchase or defeasance be made), prior to its stated maturity (other than by a scheduled mandatory prepayment); provided, however, that if any such breach or default described in this Section 7.1(b) is cured or waived prior to any action being taken pursuant to Section 7.2(a) or 7.2(b), the Event of Default under this Agreement in respect of such breach or default shall be deemed cured to the extent of such cure or waiver;
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Default in Other Debt. An event of default shall occur under the provisions of any instrument (other than the Loan Documents) evidencing indebtedness of Borrower for the payment of borrowed money or of any agreement relating thereto, the effect of which is to permit the holder or holders of such instrument to cause the indebtedness evidenced by such instrument to become due and payable prior to its stated maturity (whether or not the holder actually exercises such option).
Default in Other Debt. The Borrower shall fail to pay any of its Debt within the applicable grace period after final maturity and the aggregate amount of such Debt exceeds $5,000,000 or the holders of any such Debt shall accelerate such Debt because of a breach or default under any agreement or instrument evidencing such Debt, if the aggregate amount of such Debt so unpaid or accelerated exceeds $5,000,000; or
Default in Other Debt. An event of default shall occur under the provisions of any instrument (other than the Loan Documents) evidencing indebtedness of Borrower or any Guarantor for the payment of borrowed money (including any capital lease) or of any agreement relating thereto (the effect of which is to permit the holder or holders of such instrument to cause the indebtedness evidenced by such instrument to become due prior to its stated maturity) and such holder or holders rightfully demand payment of indebtedness aggregating S 100,000 or more.
Default in Other Debt. Any Borrower Party shall have defaulted (beyond any applicable grace period) under any Debt of such party (other than the Obligations) if the aggregate amount of such other Debt is Two Million Five Hundred Thousand Dollars ($2,500,000) or more and such default shall not have been cured or waived; or
Default in Other Debt. The Borrower or any Consolidated Subsidiary shall default in the payment (whether at stated maturity, upon acceleration, upon required prepayment or otherwise), beyond any period of grace provided therefor, of any principal of or interest on any Debt with a principal amount of in excess of $1,000,000 if (a) as a result of such default, the holder or holders of such Debt (or a Person on behalf of such holder or holders) shall cause such Debt to become or be declared due and payable prior to its stated maturity, or (b) such payment constitutes the final payment of principal due upon the stated maturity of such Debt; PROVIDED, HOWEVER, that it shall not be an Event of Default hereunder if, on one occasion while this Agreement is in effect, the Borrower shall default, beyond any applicable grace period, in the payment of a single tranche of non-recourse indebtedness of the Borrower (other than the Obligations) secured by a Real Property in a principal amount not to exceed Five Million Dollars ($5,000,000.00); or
Default in Other Debt. (a) The Borrower or any Subsidiary shall default in the payment (whether at stated maturity, upon acceleration, upon required prepayment or otherwise), beyond any period of grace provided therefor, of any principal of or interest on any other Debt with a principal amount in excess of $100,000 or (b) any other breach or default (or other event or condition) shall occur under any agreement, indenture or instrument relating to any such other Debt, if the effect of such breach or default (or such other event or condition) is to cause, or to permit the holder or holders of the other Debt (or a Person on behalf of such holder or holders) to cause (upon the giving of notice, the lapse of time or both, or otherwise), such other Debt to become or be declared due and payable, or required to be prepaid, redeemed, purchased or defeased (or an offer of prepayment, redemption, purchase or defeasance be made), prior to its stated maturity (other than by a scheduled mandatory prepayment); or
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Default in Other Debt. (a) Any Borrower or any Consolidated Subsidiary of any Borrower shall default in the payment (whether at stated maturity, upon acceleration, upon required prepayment or otherwise), beyond any period of grace provided therefor, of any principal of or interest on any other Debt with a principal amount in excess of $400,000 or (b) any other breach or default (or other event or condition) shall occur under any agreement, indenture or instrument relating to any such other Debt, if the effect of such breach or default (or such other event or condition) is to cause, or to permit the holder or holders of the other Debt (or a Person on behalf of such holder or holders) to cause (upon the giving of notice, the lapse of time or both, or otherwise), such other Debt to become or be declared due and payable, or required to be prepaid, redeemed, purchased or defeased (or an offer of prepayment, redemption, purchase or defeasance be made), prior to its stated maturity (other than by a scheduled mandatory prepayment); or
Default in Other Debt. The REIT or any Consolidated Entity shall (a) default in the payment (whether at stated maturity, upon acceleration, upon required prepayment or otherwise), beyond any period of grace provided therefor, of any principal of or interest on any Non-Recourse Secured Debt with a principal amount in excess of $40,000,000 or any other Debt with a principal amount in excess of $1,000,000 or (b) be in default, breach or violation, beyond any period of grace or notice provided therefor, of any other agreement, covenant, representation, warranty or obligation under any Non-Recourse Secured Debt with a principal amount in excess of $40,000,000 or any other Debt with a principal amount in excess of $1,000,000 and as a result of such default, breach or violation the holder or holders of such Debt (or a Person on behalf of such holder or holders) shall cause such Debt to become or be declared due and payable prior to its stated maturity, provided that the foregoing shall not apply to Non-Recourse Debt of Unconsolidated Joint Ventures; or
Default in Other Debt. The Company or any Subsidiary shall default in (i) the payment (whether at stated maturity, upon acceleration, upon required prepayment or otherwise), beyond any period of grace provided therefor, of any principal of or interest on any other secured Debt or any Exchange Debt, or other unsecured Debt with a principal amount in excess of $10,000,000 (or any Interest Hedge Agreement or Currency Hedge Agreement having a notional principal amount of $10,000,000 or more) (collectively, "Specified Debt"), or (ii) any other breach or default (or other event or condition), beyond any period of grace provided therefor, shall occur under any agreement, indenture or instrument relating to any such Specified Debt, if the effect of such breach or default (or such other event or condition) is to cause, or to permit the holder or holders of the Specified Debt (or a Person on behalf of such holder or holders) to cause (upon the giving of notice, the lapse of time or both, or otherwise), such Specified Debt to become or be declared due and payable, or required to be prepaid, redeemed, purchased or defeased (or an offer of prepayment, redemption, purchase or defeasance be made prior to its stated maturity (other than by a scheduled mandatory prepayment)) or to cause, or to permit the holder or holders thereof to cause, the Company or any Subsidiary to be deprived of any assets having a value in excess of $10,000,000 due to a breach or default under any such agreement, indenture or instrument; or
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