Default in Other Obligations. Default shall be made with respect to any indebtedness of the Borrower or any Guarantor, or the performance of any other obligation incurred in connection with any indebtedness for borrowed money of the Borrower, or any Guarantor, if the effect of such default is to accelerate the maturity of such indebtedness or to permit the holder thereof to cause such indebtedness to become due prior to its stated date of maturity, or any such indebtedness shall not be paid when due.
Appears in 4 contracts
Samples: Loan Agreement (Corning Natural Gas Holding Corp), Loan Agreement (Corning Natural Gas Holding Corp), Loan Agreement (Corning Natural Gas Holding Corp)
