Borrower Default Under Other Indebtedness Sample Clauses

Borrower Default Under Other Indebtedness. Any Borrower Entity (with respect to each Sponsor, until the applicable Sponsor Obligation Expiration Date for such Sponsor) shall default in the payment of any principal, interest or other amount due under any agreement or instrument evidencing, or under which such Borrower Entity has outstanding at any time, any Indebtedness for Borrowed Money (other than the Loans and Permitted Subordinated Loans) in an amount in excess of: (i) in the case of the Borrower or any other Borrower Entity that is not a Sponsor, [***]; (ii) in the case of the ioneer Sponsor or any other Borrower Entity that is not [***] or the Borrower, [***]; (iii) in the case of [***]; and (iv) in the case of any Acceptable Sponsor, as set out in the Sponsor Accession Agreement, and, in each case, for a period beyond any applicable grace period, or any other default occurs under any such agreement or instrument, if the effect of such default is to accelerate, or to permit the acceleration of, the maturity of such Indebtedness for Borrowed Money.