Common use of Debt Cross-Default Clause in Contracts

Debt Cross-Default. Any Credit Party or any Subsidiary thereof shall (i) default in the payment of any Debt (other than the Loans or the Reimbursement Obligation) the aggregate outstanding amount of which Debt is in excess of $10,000,000 beyond the period of grace if any, provided in the instrument or agreement under which such Debt was created, or (ii) default in the observance or performance of any other agreement or condition relating to any Debt (other than the Loans or the Reimbursement Obligation) the aggregate outstanding amount of which Debt is in excess of $10,000,000 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 the holder or holders of such Debt (or a trustee or agent on behalf of such holder or holders) to cause, with the giving of notice if required, any such Debt to become due prior to its stated maturity (any applicable grace period having expired).

Debt Cross-Default. Any Credit Party Borrower or any Subsidiary thereof shall (i) default in the payment of any Debt (other than the Loans Notes or the any Reimbursement Obligation) the aggregate outstanding amount of which Debt is in excess of $10,000,000 250,000 beyond the period of grace if any, provided in the instrument or agreement under which such Debt was created, or (ii) default in the observance or performance of any other agreement or condition relating to any Debt (other than the Loans Notes or the any Reimbursement Obligation) the aggregate outstanding amount of which Debt is in excess of $10,000,000 250,000 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 the holder or holders of such Debt (or a trustee or agent on behalf of such holder or holders) to cause, with the giving of notice if required, any such Debt to become due prior to its stated maturity (any applicable grace period having expired).

Debt Cross-Default. Any Credit Party Borrower or any Subsidiary thereof shall (i) default in the payment of any Debt (other than the Loans Notes or the any Reimbursement Obligation) the aggregate outstanding amount of which Debt is in excess of $10,000,000 beyond the period of grace if any, provided in the instrument or agreement under which such Debt was created, or (ii) default in the observance or performance of any other agreement or condition relating to any Debt (other than the Loans Notes or the any Reimbursement Obligation) the aggregate outstanding amount of which Debt is in excess of $10,000,000 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 the holder or holders of such Debt (or a trustee or agent on behalf of such holder or holders) to cause, with the giving of notice if required, required any such Debt to become due prior to its stated maturity (any applicable grace period having expired).

Debt Cross-Default. Any Credit Party or any Subsidiary thereof shall (i) default in the payment of any Debt (other than the Loans or the any Reimbursement Obligation) the aggregate outstanding amount of which Debt is in excess of $10,000,000 50,000 beyond the period of grace if any, provided in the instrument or agreement under which such Debt was created, or (ii) default in the observance or performance of any other agreement or condition relating to any Debt (other than the Loans or the any Reimbursement Obligation) the aggregate outstanding amount of which Debt is in excess of $10,000,000 50,000 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 the holder or holders of such Debt (or a trustee or agent on behalf of such holder or holders) to cause, with the giving of notice if required, any such Debt to become due or repurchased, prepaid or redeemed prior to its stated maturity (any applicable grace period having expired).

Debt Cross-Default. Any Credit Party Borrower or any Subsidiary thereof of its Subsidiaries shall (i) default in the payment of any Debt (other than the Loans Notes or the any Reimbursement Obligation) the aggregate outstanding amount of which Debt is in excess of $10,000,000 500,000 beyond the period of grace if any, provided in the instrument or agreement under which such Debt was created, or (ii) default in the observance or performance of any other agreement or condition relating to any Debt (other than the Loans Notes or the any Reimbursement Obligation) the aggregate outstanding amount of which Debt is in excess of $10,000,000 500,000 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 the holder or holders of such Debt (or a trustee or agent on behalf of such holder or holders) to cause, with the giving of notice if required, any such Debt to become due prior to its stated maturity (any applicable grace period having expired).

Debt Cross-Default. Any Credit Party The Parent or any Subsidiary thereof shall (i) default in the payment of any Debt (other than the Loans Notes or the any Reimbursement Obligation) the aggregate outstanding amount of which Debt is in excess of $10,000,000 250,000 beyond the period of grace if any, provided in the instrument or agreement under which such Debt was created, or (ii) default in the observance or performance of any other agreement or condition relating to any Debt (other than the Loans Notes or the any Reimbursement Obligation) the aggregate outstanding amount of which Debt is in excess of $10,000,000 250,000 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 the holder or holders of such Debt (or a trustee or agent on behalf of such holder or holders) to cause, with the giving of notice if required, any such Debt to become due prior to its stated maturity (any applicable grace period having expired).