Example ContractsClausesdefaults in other agreements or indebtednessVariants
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If any Borrower or any Party shall # default in any payment of any Indebtedness (other than the Obligations) beyond the applicable grace period, if any, provided in an instrument or agreement under which such Indebtedness is governed or # default in the observance or performance of any agreement or condition relating to any Indebtedness (other than the Obligations) or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event shall occur or condition exist, the effect of which default or other event or condition is to cause, or to permit any holder of such Indebtedness (or a trustee or [[Organization B:Organization]] on behalf of such holder) to cause (after delivery of any notice, if required by any such instrument or agreement, and after giving effect to any waiver, amendment, cure or grace period), any such Indebtedness to become due prior to its stated maturity, or # any Indebtedness (other than the Obligations) of any Borrower or any other Loan Party shall be declared to be (or shall become) due and payable, or required to be prepaid other than by a regularly scheduled required prepayment, prior to the stated maturity thereof; provided that it shall not be a Default or an Event of Default under this [Section 10.4] unless the aggregate principal amount of all such Indebtedness as described in this [Section 10.4] equals to or exceeds the Threshold Amount;

If anyDefault Under Other Agreements. (i) Borrower or any Partyof its Subsidiaries shall # default in any payment of any Indebtedness (other than the Obligations) beyond the applicable grace period,period of grace, if any, provided in an instrument or agreement under which such Indebtedness is governedwas created or # default in the observance or performance of any agreement or condition relating to any Indebtedness (other than the Obligations) or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event shall occur or condition exist, the effect of which default or other event or condition is to cause, or to permit anythe holder or holders of such Indebtedness (or a trustee or [[Organization B:Organization]]agent on behalf of such holder)holder or holders) to cause (after delivery of(determined without regard to whether any notice, if required by any such instrument or agreement, and after giving effect to any waiver, amendment, cure or grace period)notice is required), any such Indebtedness to become due prior to its stated maturity, or # any Indebtedness (other than the Obligations) of any Borrower or any other Loan Partyof its Subsidiaries shall be declared to be (or shall become) due and payable, or required to be prepaid other than by a regularly scheduled required prepayment, prior to the stated maturity thereof;thereof, provided that it shall not be a Default or an Event of Default under this [SectionSection 10.4]04 unless the aggregate principal amount of all such Indebtedness as described in this [Section 10.4] equals topreceding clauses (i) and (ii) is at least $3,000,000; or exceeds the Threshold Amount;

If anythe Borrower or any Partyof its Restricted Subsidiaries shall # default in making any payment of any principal of any Indebtedness (other than(including any Guarantee Obligation, but excluding the Loan Document Obligations) beyond the applicableperiod of grace period,and following all required notices, if any, provided in anthe instrument or agreement under which such Indebtedness is governedwas created; or # default in making any payment of any interest on any such Indebtedness beyond the period of grace, if any, provided in the instrument or agreement under which such Indebtedness was created; or # default in the observance or performance of any agreement or condition relating to any Indebtedness (other than the Obligations) or containedother covenant in any instrument or agreement evidencing, securing or relating thereto,thereto (after giving effect to all applicable grace period and delivery of all required notices) (other than, with respect to Indebtedness consisting of any Hedging Agreements, termination events or equivalent events pursuant to the terms of such Hedging Agreements (it being understood that clause (i) shall apply to any otherfailure to make any payment that is required as a result of any such termination or similar event shall occur or condition exist,and that is not otherwise being contested in good faith)), the effect of which default or other event or condition is to cause, or to permit anythe holder or beneficiary of such Indebtedness (or a trustee or [[Organization B:Organization]]agent on behalf of such holder)holder or beneficiary) to cause (after deliverycause, with the giving of any notice,notice if required by any such instrument or agreement, and after giving effect to any waiver, amendment, cure or grace period), anyrequired, such Indebtedness to become due prior to its stated maturity,maturity or # any Indebtedness (other than(in the Obligations)case of any Borrower or any other Loan Party shall be declaredsuch Indebtedness constituting a Guarantee Obligation) to be (or shall become) due and payable, or required to be prepaid other than by a regularly scheduled required prepayment, prior to the stated maturity thereof;become payable; provided that ita default described in clause (i), (ii) or (iii) of this paragraph # shall not be a Default orat any time constitute an Event of Default underunless, at such time, one or more defaults of the type described in clauses (i), (ii) and (iii) of this [Section 10.4] unlessparagraph # shall have occurred and be continuing with respect to Indebtedness the aggregateoutstanding principal amount of all suchwhich exceeds in the aggregate $15,000,000; provided that this clause (e) shall not apply to (x) (i) secured Indebtedness that becomes due as described in this [Section 10.4] equals to or exceedsa result of the Threshold Amount;voluntary sale

If any BorrowerCross-Default. Any Loan Party or any Party shallRestricted Subsidiary # defaultfails to make any payment beyond the applicable grace period with respect thereto, if any, (whether by scheduled maturity, required prepayment, acceleration, demand, or otherwise) in any paymentrespect of any Indebtedness (other than Indebtedness hereunder) having an outstanding aggregate principal amount of not less than the Obligations) beyond the applicable grace period, if any, provided in an instrument or agreement under which such Indebtedness is governedThreshold Amount, or # default in the observancefails to observe or performance ofperform any other agreement or condition relating to any Indebtedness (other than the Obligations) or contained in any instrument or agreement evidencing, securing or relating thereto,such Indebtedness, or any other event shall occuroccurs (other than, with respect to Indebtedness consisting of Swap Contracts, termination events or condition exist,equivalent events pursuant to the terms of such Swap Contracts), the effect of which default or other event or condition is to cause, or to permit anythe holder or holders of such Indebtedness (or a trustee or [[Organization B:Organization]]agent on behalf of such holder)holder or holders or beneficiary or beneficiaries) to cause (after deliverycause, with the giving of any notice,notice if required by any such instrument or agreement, and after giving effect to any waiver, amendment, cure or grace period), anyrequired, such Indebtedness 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 # any Indebtedness (other than the Obligations) of any Borrower or any other Loan Party shall be declared to be (or shall become) due and payable, or required to be prepaid other than by a regularly scheduled required prepayment, prior to the stated maturity thereof;maturity; provided that itthis clause ‎(e)‎(B) shall not beapply to secured Indebtedness that becomes due as a Defaultresult of the voluntary sale or an Eventtransfer of Defaultthe property or assets securing such Indebtedness, if such sale or transfer is permitted hereunder and under this [Section 10.4] unless the aggregate principal amount of alldocuments providing for such Indebtedness as described in this [Section 10.4] equals toIndebtedness; or exceeds the Threshold Amount;

If anyof $50,000,000, # a Borrower or any Partyone of its Subsidiaries shall # default in any payment of any Indebtedness (other than the Obligations) beyond(beyond the applicable grace period,period with respect thereto, if any, provided in an instrument or agreement under whichany) with respect to any such Indebtedness is governedRecourse Indebtedness, or # default (after giving effect to any applicable grace period) in the observance or performance of any agreementterm, covenant or conditionagreement relating to anysuch Recourse Indebtedness (other than the Obligations) or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event or condition shall occur or condition exist, the effect of which default or other event or condition is to cause, or to permit anypermit, the holder or holders of such Recourse Indebtedness (or a trustee or [[Organization B:Organization]]agent on behalf of such holder)holders) to cause (after delivery(determined without regard to whether any notice or lapse of any notice, if required bytime is required) any such instrument or agreement, and after giving effect to any waiver, amendment, cure or grace period), any suchRecourse Indebtedness to become due prior to its stated maturity,maturity; or # any such Recourse Indebtedness (other than the Obligations) of any Borrower or any other Loan Party shall be declared to be (or shall become) due and payable, or required to be prepaidprepaid, repurchased or redeemed other than by a regularly scheduled required prepayment, repurchase or redemption prior to the stated maturity thereof; provided that it shall not be a Default or an Event of Default under this [Section 10.4] unless the aggregate principal amount of all# any such Indebtedness as described in this [Section 10.4] equals to or exceeds the Threshold Amount;shall mature and remain unpaid.

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