Common use of Breach of Lease Clause in Contracts

Breach of Lease. The occurrence of any event such that any Indebtedness in excess of $1,000,000 of any Borrower to any creditor other than the Agent or any Revolving Credit Lender could be accelerated or, without the consent of such Borrower, any material Lease could be terminated (whether or not the subject creditor or lessor takes any action on account of such occurrence).

Breach of Lease. The occurrence of any event such that any Indebtedness of any Borrower in excess of $1,000,000 of any Borrower 1,000,000.00 to any creditor other than the Agent or any Revolving Credit Lender Lender, arising after the Petition Date, could be accelerated or, without the consent of such any Borrower, any material Lease could be terminated (except for any termination in connection with any Permitted Store Closing Sales) (whether or not the subject creditor or lessor takes any action on account of such occurrence).

Breach of Lease. The occurrence of any event such that any Indebtedness of any Borrower in excess of $1,000,000 of any Borrower 5 Million to any creditor other than the Administrative Agent or any Revolving Credit Lender could be accelerated or, without the consent of such any Borrower, any material Lease Leases with monthly base rent aggregating not less than $200,000.00 could be terminated prior to their stated termination date (whether or not the subject creditor or lessor takes any action on account of such occurrence).

Breach of Lease. The occurrence of any event such that any Indebtedness in excess of $1,000,000 250,000 of any the Borrower to any creditor other than the Agent or any Revolving Credit Lender could be accelerated or, without the consent of such the Borrower, any material Capital Lease valued in excess of $250,000 or more than Three (3) Leases could be terminated (whether or not the subject creditor or lessor takes any action on account of such occurrence).

Breach of Lease. The occurrence of any event such that any Indebtedness in excess of $1,000,000 2.5 Million of any Borrower to any creditor other than the any Agent or any Revolving Credit Lender could be accelerated or, without the consent of such any Borrower, any material Lease could be terminated (whether or not the subject creditor or lessor takes any action on account of such occurrence).

Breach of Lease. The occurrence of any event such that any Indebtedness in excess of $1,000,000 of any the Borrower to any creditor other than the Agent or any Revolving Credit Lender could be accelerated or, without the consent of such the Borrower, any material Capital Lease valued in excess of $1,000,000 or more than Three (3) Leases could be terminated (whether or not the subject creditor or lessor takes any action on account of such occurrence).

Breach of Lease. The occurrence of any event such that any Indebtedness in excess of $1,000,000 2,500,000 of any Borrower the Borrowers to any creditor other than the Agent or Agent, any Revolving Credit Lender or any Term Loan Lender could be accelerated or, without the consent of such Borrowerthe Borrowers, any material Capital Lease valued in excess of $2,500,000 or more than Three (3) Leases could be terminated (whether or not the subject creditor or lessor takes any action on account of such occurrence).

Breach of Lease. The occurrence of any event such that any Indebtedness of the Borrower in excess of $1,000,000 of any Borrower 200,000 to any creditor other than the Agent or any Revolving Credit Lender could be accelerated or, without the consent of such the Borrower, any material Lease could be terminated (whether or not the subject creditor or lessor takes any action on account of such occurrence).

Breach of Lease. The occurrence of any event such that any post-petition Indebtedness in excess an amount of $1,000,000 75,000.00 or more of any the Borrower to any creditor other than the Agent or any Revolving Credit Lender could be accelerated or, without the consent of such the Borrower, any material Lease (other than with respect to a Lease covering a Closed Store) could be terminated (whether or not the subject creditor or lessor takes any action on account of such occurrence).