Default on Other Obligations. The occurrence of any condition or default under any other indebtedness for borrowed money of the Company or any of its Subsidiaries with a principal amount of at least five hundred thousand dollars ($500,000) that results in the acceleration of such indebtedness which is not cured within sixty (60) days.
Appears in 15 contracts
Samples: Convertible Subordinated Promissory Note (Critical Path Inc), Convertible Subordinated Promissory Note (Critical Path Inc), Convertible Subordinated Promissory Note (Critical Path Inc)
