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.
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Samples: Pledge Agreement (Adelphia Communications Corp), Credit Agreement (Adelphia Communications Corp)
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 $25,000,0003,000,000; or (b) the acceleration of any Debt of any Company, the principal amount of which Debt exceeds (individually or collectively) $25,000,000.and
Appears in 1 contract
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 collectivelycollectively for all the Companies) of $25,000,00010,000,000; or (b) the acceleration of any default exists under any such Debt of or any Company, the principal amount of other Material Agreement to which Debt exceeds (individually or collectively) $25,000,000a Company is a party.
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Samples: Revolving Credit Agreement (Bok Financial Corp Et Al)
