Acceleration of Other Indebtedness. Any event or condition shall occur that results in the acceleration of the maturity of any Indebtedness of, or guaranteed by, such Fund or Portfolio, as the case may be, or enables the holder or holders of such other Indebtedness or any trustee or agent for such holders (any required notice of default having been given and any applicable grace period having expired) to accelerate the maturity of such other Indebtedness in excess of 5% of such Fund's or Portfolio's, as the case may be, then respective total Net Asset Value.
Appears in 4 contracts
Samples: Credit Agreement (Legg Mason Income Trust Inc), Credit Agreement (Legg Mason Light Street Trust Inc), Credit Agreement (Legg Mason Global Trust Inc)
Acceleration of Other Indebtedness. Any event or condition shall occur that which results in the acceleration of the maturity of any Indebtedness of, or guaranteed by, such Fund or Portfolio, as (including the case may be, Morgxx Credit Agreement) of the Borrower (other than the Indebtedness evidenced by the Note) or enables the holder or holders of such other Indebtedness or any trustee or agent for such holders (any required notice of default having been given and any applicable grace period having expired) to accelerate the maturity of such other Indebtedness in excess of 5% of such Fund's or Portfolio's, as the case may be, then respective total Net Asset ValueIndebtedness.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Van Kampen American Capital Prime Rate Income Trust), Revolving Credit Agreement (Van Kampen American Capital Prime Rate Income Trust)
