DEFAULT UNDER OTHER DEBT AND AGREEMENTS. (a) Any Restricted Company fails to make any payments when due (after lapse of any applicable grace periods) with respect to any Debt of such Restricted Company (other than the Obligation) in excess (individually or collectively) of $25,000,000; and
DEFAULT UNDER OTHER DEBT AND AGREEMENTS. (a) Any Company fails to pay when due (after lapse of any applicable grace periods) any Debt of such Company (other than the Obligation) in excess (individually or collectively) of $25,000,000; or (b) the acceleration of any Debt of any Company, the principal amount of which Debt exceeds (individually or collectively) $25,000,000.
DEFAULT UNDER OTHER DEBT AND AGREEMENTS. (a) A default shall occur in the payment when due (subject to any applicable notice requirement or grace period), whether by acceleration or otherwise, of any Debt (other than Debt described in Section 11.1) of any Loan Party or any of its Material Subsidiaries having a principal amount (including undrawn or committed or available amounts), individually or in the aggregate, in excess of $15,000,000, or a default shall occur in the performance or observance of any covenant, or obligation with respect to such Debt, or any other event shall occur or condition exist under any agreement relating to such Debt the effect of which default, condition or event is to cause, or to permit the holder or holders of such Debt (or any trustee or agent for such holders) to cause (with the giving of notice if required or lapse of time or both), such Debt to become due and payable prior to its expressed maturity (whether by acceleration, redemption, repurchase or otherwise); provided, that no Default will result from a Rating Decline Offer (as such term is defined in the Senior Note Indentures), or the event causing such offer, under the Senior Notes unless one or more holders of Senior Note(s) elect to exercise its or their rights to have all or any portion of their Senior Notes repurchased by Borrower.
DEFAULT UNDER OTHER DEBT AND AGREEMENTS. (a) Communications, Parent, any Company, or any other Subsidiary of Communications or Parent (other than Logix and its Subsidiaries) fails to pay when due (after lapse of any applicable grace periods) any Debt of such Company (other than the Obligation) in excess (individually or collectively) of $1,000,000; (b) any default exists under any material written or oral agreement, contract, commitment, or understanding to which Communications, Parent, any Company, or their Subsidiaries is a party; (c) the occurrence of an "EVENT OF DEFAULT" under the Third Amended and Restated Credit Agreement dated of March 25, 1998, among Xxxxxx Operating Company, as Borrower, First Union National Bank (as successor to CoreStates Bank, N.A.), as Administrative Agent, and certain Lenders party thereto (as the same may be amended, modified, restated, or supplemented from time to time); (d) the occurrence of an "EVENT OF DEFAULT" under the Revolving Credit Agreement dated as of March 25, 1998, among Xxxxxx Cellular Operations Company, as Borrower, NationsBank, N.A. (as successor to NationsBank of Texas, N.A.), as Administrative Agent, and certain Lenders party thereto (as the same may be amended, modified, restated, or supplemented from time to time); (e) the occurrence of an "EVENT OF DEFAULT" under the 364-Day Revolving Credit and Term Loan Agreement dated as of March 25, 1998, among Xxxxxx Cellular Operations Company, as Borrower, NationsBank, N.A. (as successor to NationsBank of Texas, N.A.), as Administrative Agent, and certain Lenders party thereto (as the same may be amended, modified, restated, or supplemented from time to time); or (f) the occurrence of a default under any Sygnet Towers Lease, which individually or collectively could be a Material Adverse Event; PROVIDED THAT, with respect to CLAUSES (c), (d), and (e), an "EVENT OF DEFAULT" under any such identified credit facility shall not be a Default hereunder if such "EVENT OF DEFAULT" has been waived by the requisite lenders under the applicable facility or is otherwise consented to under the terms of such agreement.
DEFAULT UNDER OTHER DEBT AND AGREEMENTS. (a) Any Company fails to pay when due (after lapse of any applicable grace periods) any Debt of such Company (other than the Obligation) in excess (individually or collectively) of $10,000,000; (b) the acceleration of any Debt of any Company or the occurrence of any event or condition that (with notice or lapse of time) would enable the holder of such Debt or any Person acting on behalf of such holder to accelerate the maturing thereof, which Debt exceeds (individually or collectively) $10,000,000; or (c) any default exists under any other Material Agreement if such default could reasonably be expected to be a Material Adverse Event.
DEFAULT UNDER OTHER DEBT AND AGREEMENTS. (a) The occurrence of a "DEFAULT" under the Revolver/Acquisition Agreement; (b) any Company or Guarantor fails to pay when due (after lapse of any applicable grace periods) any Debt of such Company or Guarantor (other than the Obligation or the Revolver/Acquisition Obligation) in excess (individually or collectively) of $1,000,000; (c) any default exists under any material written or oral agreement, contract, commitment, or understanding to which a Company or Guarantor is a party; or (d) the occurrence of an "EVENT OF DEFAULT" under the Third Amended and Restated Credit Agreement dated of even date herewith, among Xxxxxx Operating Company, as Borrower, CoreStates Bank, N.A., as Administrative Agent, NationsBank of Texas, N.A., as Syndication Agent, Toronto Dominion (Texas), Inc., as Documentation Agent, and certain Lenders party thereto (as the same may be amended, modified, restated, or supplemented from time to time).
DEFAULT UNDER OTHER DEBT AND AGREEMENTS. (a) Any Loan Party fails to --------------------------------------- pay when due (after lapse of any applicable grace periods) any Debt of such Loan Party (other than the Obligation) in excess (individually or collectively) of $1,000,000; (b) the acceleration of any Debt of any Loan Party or the occurrence of any event or condition (which with notice or lapse of time) would enable the holder of such Debt or any Person acting on behalf of such holder to accelerate the maturing thereof, which Debt exceeds (individually or collectively) $1,000,000; or (c) any default exists under any material written or oral agreement, contract, commitment, or understanding to which a Loan Party is a party.
DEFAULT UNDER OTHER DEBT AND AGREEMENTS. (i) Borrower or any Subsidiary (A) fails to make any payment when due (whether by scheduled maturity, required prepayment, acceleration, demand, or otherwise) in respect of any Debt (other than the Obligation) having an aggregate principal amount (including undrawn committed or available amounts and including amounts owing to all creditors under any combined or syndicated credit arrangement) of more than $15,000,000, or (B) fails to observe or perform any other agreement or condition relating to any such Debt or contained in any instrument or agreement evidencing, securing, or relating thereto, or any other event occurs, the effect of which default or other event 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 or beneficiary or beneficiaries) to cause, with the giving of notice if required, such Debt to be demanded or to become due or to be repurchased, prepaid, defeased, or redeemed (automatically or otherwise), or an offer to repurchase, prepay, defease, or redeem such Debt to be made, prior to its stated maturity, or cash collateral in respect thereof to be demanded; or (ii) there occurs under any Financial Hedge an Early Termination Date (as defined in such Financial Hedge) resulting from (A) any event of default under such Financial Hedge as to which Borrower or any Subsidiary is the Defaulting Party (as defined in such Swap Contract) or (B) any Termination Event (as so defined) under such Financial Hedge as to which Borrower or any Subsidiary is an Affected Party (as so defined) and, in either event, the Hedge Termination Value owed by Borrower or such Subsidiary as a result thereof is greater than $15,000,000.
DEFAULT UNDER OTHER DEBT AND AGREEMENTS. (a) The occurrence of any "
DEFAULT UNDER OTHER DEBT AND AGREEMENTS. Failure to comply with Section 11.7 of the Credit Facility (Default Under Other Debt and Agreements) is a Specified Default
