Default Under Other Debt. The occurrence of any event which permits the acceleration of the maturity of any Debt for borrowed money in an aggregate principal amount in excess of ONE HUNDRED THOUSAND AND NO/100 DOLLARS ($100,000.00) owing by any Obligor to any third party under any agreement or understanding.
Appears in 2 contracts
Samples: Loan and Security Agreement (Blue Dolphin Energy Co), Loan and Security Agreement (Blue Dolphin Energy Co)
Default Under Other Debt. The occurrence of any event which permits the acceleration of the maturity of any Debt for borrowed money in an aggregate principal amount in excess of ONE HUNDRED THOUSAND AND NO/100 DOLLARS One Million Five Hundred Thousand And No/100 Dollars ($100,000.001,500,000.00) owing by any Obligor Debtor to any third party under any agreement or understanding.
Appears in 2 contracts
Samples: Loan and Security Agreement (Ministry Partners Investment Company, LLC), Loan and Security Agreement (Ministry Partners Investment Company, LLC)
Default Under Other Debt. The occurrence of any event which permits the acceleration of the maturity of any Debt for borrowed money in an aggregate principal amount in excess of ONE HUNDRED THOUSAND AND NO/100 DOLLARS One Million Five Hundred Thousand and No/100 Dollars ($100,000.001,500,000.00) owing by any Obligor Borrower to any third party under any agreement or understanding..
Appears in 1 contract
Samples: Loan and Security Agreement (Ministry Partners Investment Company, LLC)
Default Under Other Debt. The occurrence of any event which permits the acceleration of the maturity of any Debt for borrowed money in an aggregate principal amount in excess of ONE HUNDRED THOUSAND AND NO/100 DOLLARS One Million Five Hundred Thousand And No/100 Dollars ($100,000.001,500,000.00) owing by any Obligor Borrower to any third party under any agreement or understanding.
Appears in 1 contract
Samples: Loan and Security Agreement (Ministry Partners Investment Company, LLC)
Default Under Other Debt. The occurrence of any event which permits the acceleration of the maturity of any Debt for borrowed money in an aggregate principal amount in excess of ONE HUNDRED THOUSAND AND NO/100 DOLLARS One Million Five Hundred Thousand And No/100 Dollars ($100,000.001,500,000.00) owing by any Obligor Borrower to any third party under any agreement or understanding..
Appears in 1 contract
Samples: Loan Agreement (Ministry Partners Investment Company, LLC)
