Default on Other Agreements. Seller’s failure to cure any default under any commercial or financing agreements or instrument (including the Generation Interconnection Agreement) within the time allowed for a cure under such agreement or instrument.
Default on Other Agreements. (i) the Borrower or any Subsidiary shall fail to make any payment in respect of Indebtedness owing on any bond, debenture, note or other evidence of Indebtedness for borrowed money in an aggregate amount in excess of Fifteen Million ($15,000,000) Dollars (other than the Notes) when due or within any applicable grace period; or (ii) any event or condition shall occur which results in the acceleration of the maturity of Indebtedness owing on any bond, debenture, note or other evidence of Indebtedness for borrowed money outstanding in an aggregate amount in excess of Fifteen Million ($15,000,000) Dollars of the Borrower or any Subsidiary (including, without limitation, any required mandatory prepayment or "put" of such Indebtedness to the Borrower or any Subsidiary) or enables (or, with the giving of notice or lapse of time or both, would enable) the holders of such Indebtedness or commitment or any Person acting on such holders' behalf to accelerate the maturity thereof or terminate any such commitment (including, without limitation, any required mandatory prepayment or "put" of such Indebtedness to the Borrower or any Subsidiary).
Default on Other Agreements. Any Borrower shall be in default with respect to any provision under any servicing agreement or subservicing agreement or any lease to which it is a party, which default, in the reasonable judgment of CSFB, could reasonably be expected to materially and adversely affect the financial condition of such Borrower (which defaults include, but are not limited to, an Event of Bankruptcy of such Borrower or the failure of such Borrower to make required payments under such lease or agreement as they become due).
Default on Other Agreements. Any creditor or representative of any creditor of Borrower or any Wholly-owned Subsidiary declares or is or becomes entitled to declare any Indebtedness owing on any bond, debenture, note or other evidence of Indebtedness for borrowed money in an aggregate amount, in the case of a single creditor of Borrower or such Subsidiary, in excess of One Million ($1,000,000) Dollars, and for all creditors of Borrower or such Subsidiary, in excess of Two Million ($2,000,000) Dollars, to be due and payable prior to its expressed maturity by reason of any default by Borrower or such Subsidiary in the performance or observance of any obligation or condition (whether or not such creditor or representative has declared such Indebtedness to be due and payable) or any such Indebtedness becomes due by its terms and is not promptly paid or extended; PROVIDED, HOWEVER, that an Event of Default will not occur under this section 7.1.4 if such other default or breach is being contested in good faith by appropriate proceedings, notice thereof is promptly given to Agent and adequate reserves in accordance with GAAP have been made therefor and no other Event of Default has occurred.
Default on Other Agreements the Borrower shall suffer any acceleration, notice of default, filing of suit or notice or breach by any creditor, lessee or party to any agreement to which Borrower is a party when the amount in controversy exceeds $100,000.00 and the failure of Borrower to have such acceleration, notice of default, filing of suit or notice of breach contested, rescinded, withdrawn, cancelled or released, as the case may be, within 15 days thereafter;
Default on Other Agreements. Any creditor or representative of any creditor of Borrower or any wholly-owned Subsidiary declares or is or becomes entitled to declare any Indebtedness owing on any bond, debenture, note or other evidence of Indebtedness for borrowed money in an aggregate amount in excess of One Million ($1,000,000) Dollars of Borrower or such Subsidiary to be due and payable prior to its expressed maturity by reason of any default by Borrower or such Subsidiary in the performance or observance of any obligation or condition (whether or not such creditor or representative has declared such Indebtedness to be due and payable) or any such Indebtedness becomes due by its terms and is not promptly paid or extended; provided, however, that an Event of Default will not occur under this Agreement if such other default or breach is being contested in good faith by appropriate proceedings, notice thereof is promptly given to Agent and adequate reserves in accordance with GAAP have been made therefor and no other Event of Default has occurred.
Default on Other Agreements. Any creditor or representative of any creditor of Borrower or any Restricted Subsidiary declares any Indebtedness owing on any bond, debenture, note or other evidence of Indebtedness for borrowed money in an aggregate amount in excess of Two Million Five Hundred Thousand ($2,500,000) Dollars of Borrower or such Restricted Subsidiary to be due and payable prior to its expressed maturity by reason of any default by Borrower or such Restricted Subsidiary in the performance or observance of any obligation or condition.
Default on Other Agreements. In addition to the Events of Default set forth in Section 4(a), breach of any material provisions in the License Agreement will also constitute an Event of Default under -------------------------------------------------------------------------------- PhoenixSoft, Inc. Support Agreement -3- Initial: Licensee____ Licensor____ -------------------------------------------------------------------------------- [PHOENIXSOFT LOGO OMITTED] -------------------------------------------------------------------------------- this Support Agreement and the Support Orders, entitling the non-breaching party to the remedies available at law, in equity or under this Support Agreement.
