Cross Default, etc. (i) The Company or any of its Subsidiaries shall fail to make any payment when due (after giving effect to any applicable grace periods) in respect of any Financing Debt (other than the Obligations or the Stac-Pac notes described in Schedule 5.03) outstanding in an aggregate amount of principal (whether or not due) and accrued interest exceeding $10,000,000;
Cross Default, etc. (a) The Company or any of its Subsidiaries shall fail to make any payment when due (after giving effect to any applicable grace periods) in respect of any Financing Debt (other than the Credit Obligations) outstanding in an aggregate amount of principal (whether or not due) and accrued interest exceeding $3,000,000, and such failure shall continue, without having been duly cured, waived or consented to, beyond the period of grace, if any, specified in the agreement or instrument governing such Financing Debt;
Cross Default, etc. (A) Any Credit Party or any Subsidiary of any Credit Party (i) fails to make any payment in respect of any Indebtedness (other than the Obligations, First Lien Indebtedness or intercompany Indebtedness) or Contingent Obligation (other than Contingent Obligations in respect of the Obligations, First Lien Indebtedness or intercompany Indebtedness) having an aggregate principal amount (including undrawn committed or available amounts and including amounts owing to all creditors under any combined or syndicated credit arrangement) of more than $2,200,000 when due (whether by scheduled maturity, required prepayment, acceleration, demand, or otherwise) and such failure continues after the applicable grace or notice period, if any, specified in the document relating thereto on the date of such failure; or (ii) fails to perform or observe any other condition or covenant, or any other event shall occur or condition exist, under any agreement or instrument relating to any such Indebtedness (other than the First Lien Indebtedness) or Contingent Obligation (other than Contingent Obligations in respect of First Lien Indebtedness or Contingent Obligations owing by one Credit Party with respect to the obligations of another Credit Party permitted hereunder or earn-outs permitted hereunder), if the effect of such failure, event or condition is to cause, or to permit the holder or holders of such Indebtedness or beneficiary or beneficiaries of such Indebtedness (or a trustee or agent on behalf of such Purchaser or Purchasers or beneficiary or beneficiaries) to cause such Indebtedness to be declared to be due and payable prior to its stated maturity (without regard to any subordination terms with respect thereto), or such Contingent Obligation to become payable or cash collateral in respect thereof to be demanded or (B) any event of default under the First Lien Credit Agreement shall occur and be continuing, and the effect of such event of default is to cause any loans under the First Lien Credit Agreement to become due prior to their stated maturity; or
Cross Default, etc. (a) The Borrower or any of Subsidiaries shall fail to make any payment when due (after giving effect to any applicable grace periods) in respect of any Capitalized Lease or in respect of any Financing Debt (other than the Credit Obligations) outstanding in an aggregate amount of principal (whether or not due) and accrued interest exceeding $250,000;
Cross Default, etc. (a) Any Borrower or any of its Material Subsidiaries fails to make any payment when due (after giving effect to any applicable grace periods) in respect of any Indebtedness (other than the Credit Obligations) outstanding in an aggregate amount of principal (whether or not due) and accrued interest exceeding $5,000,000 (including without limitation aggregate Indebtedness arising under all commercial paper issued by the Parent pursuant to the Commercial Paper Documents);
Cross Default, etc. (a) Holding, L.P., New Falcon I or any Restricted Company shall fail to make any payment when due (after giving effect to any applicable grace periods) in respect of any Material Financing Debt (including, in any event, the New Falcon I Debentures and the MONY Subordinated Debt); 70 70
Cross Default, etc. Notwithstanding anything to the contrary in this Agreement or in the Original Agreement, a default under this Agreement will constitute a default under the Memorial Agreement and the Town & Country Agreement, a termination of this Agreement will result in the termination of the Memorial Agreement and the Town & Country Agreement, and the Closing on the sale of the Property will occur simultaneously with the sale of the Memorial Project and the Town & Country Project. Without abrogating the generality of the preceding sentence, termination of this Agreement pursuant to any of Sections 5.3(c), 11.1, 11.2, 13.1 or 13.2 of this Agreement will result in a termination of the Memorial Agreement and the Town & Country Agreement, and extension of the Closing Date pursuant to any of Sections 6.3(a) or 9.2(b) will result in an extension of the Closing under the Memorial Agreement and the Town & Country Agreement for the same amount of time. In addition, the Title Commitment and the Title Policy will cover all of the Projects.
Cross Default, etc. (a) Any Obligor shall fail to make any payment when due (after giving effect to any applicable grace periods) in respect of any Capitalized Lease or in respect of any Financing Debt (other than the Credit Obligations) outstanding in an aggregate amount of principal (whether or not due) and accrued interest exceeding $250,000;
Cross Default, etc. (a) Any Borrower or any Subsidiary fails to make any payment when due (after giving effect to any applicable grace periods) in respect of any Indebtedness (other than the Credit Obligations) outstanding in an aggregate amount of principal (whether or not due) and accrued interest exceeding $5,000,000 (provided that on the Synthetic Lease Termination Effective Date, this clause (a) will automatically without further action of the parties hereto be deemed to be amended to delete the amount of “$5,000,000” and insert in its place the amount of “$25,000,000);
Cross Default, etc. Notwithstanding anything to the contrary in this Agreement or in the Original Agreement, a default under this Agreement will constitute a default under the 1717 St. Xxxxx Agreement and the Town & Country Agreement, a termination of this Agreement will result in the termination of the 1717 St. Xxxxx Agreement and the Town & Country Agreement, and the Closing on the sale of the Property will occur simultaneously with the sale of the 1717 St. Xxxxx Project and the Town & Country Project. Without abrogating the generality of the preceding sentence, termination of this Agreement pursuant to any of Sections 5.3(c), 11.1, 11.2, 13.1 or 13.2 of this Agreement will result in a termination of the 1717 St. Xxxxx Agreement and the Town & Country Agreement, and extension of the Closing Date pursuant to any of Sections 6.3(a) or 9.2(b) will result in an extension of the Closing under the 1717 St. Xxxxx Agreement and the Town & Country Agreement for the same amount of time. In addition, the Title Commitment and the Title Policy will cover all of the Projects.
