Common use of Default by Others Clause in Contracts

Default by Others. Any material default by any Account Debtor or other Person obligated to the Borrower, any other Obligor, or any Subsidiary, under any contract, chattel paper, note or other evidence of amounts payable or due or to become due to the Borrower, such Obligor or Subsidiary if the amount payable under such contract, chattel paper, note or other evidence of amounts payable or due or to become due is material.

Default by Others. Any material default by any Account Debtor or other Person obligated to the Borrower, any Company or any other Obligor, or any Subsidiary, under any contract, chattel paper, note or other evidence of amounts payable or due or to become due to the Borrowersuch Company, or such other Obligor or Subsidiary if the amount payable under such contract, chattel paper, note or other evidence of amounts payable or due or to become due is material.reasonably likely to have a Material Adverse Effect;

Default by Others. Any material default by any Account Debtor or other Person obligated to the Borrower, any other Obligor, or any Subsidiary, under any contract, chattel paper, note or other evidence of amounts payable or due or to become due to the Borrower, such Obligor or Subsidiary if the amount payable under such contract, chattel paper, note or other evidence of amounts payable or due or to become due is material.. (k)

Default by Others. Any material default by any Account Debtor or other Person obligated to the Borrower, Borrower or any other Obligor, or any Subsidiary, under any contract, chattel paper, note or other evidence of amounts payable or due or to become due to the Borrower, Borrower or such Obligor or Subsidiary if the amount payable under such contract, chattel paper, note or other evidence of amounts payable or due or to become due is material.