Common use of DEFAULT UNDER OTHER DEBT AND AGREEMENTS Clause in Contracts

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 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 $25,000,00020,000,000; and

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 $25,000,000the Threshold Amount; and

DEFAULT UNDER OTHER DEBT AND AGREEMENTS. (a) Any Restricted Company fails to make any payments pay 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 $25,000,00010,000,000; and

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 $25,000,00020,000,000; andand LETTER OF CREDIT AND REIMBURSEMENT AGREEMENT