Default Under Other Document Sample Clauses
The "Default Under Other Document" clause defines that a default or breach under a separate, related agreement will also constitute a default under the current contract. In practice, this means that if a party fails to meet its obligations in another agreement with the same counterparty—such as a loan, lease, or service contract—that failure can trigger remedies or penalties in this contract as well. This clause helps ensure consistency and leverage across multiple agreements, allowing the non-defaulting party to address related defaults comprehensively and reducing the risk of selective compliance.
Default Under Other Document. The occurrence of a default under the terms of any document evidencing, securing, or otherwise pertaining to the Secured Indebtedness.
Default Under Other Document. Subject to applicable cure periods, the occurrence of a default under the terms of any document evidencing or otherwise pertaining to the Loans, including, without limitation, the Loan Documents or the occurrence of a default under the terms of any document evidencing or otherwise pertaining to any other extension of credit by Lender or any affiliate of Lender to Borrower.
Default Under Other Document. Subject to applicable cure periods, the occurrence of a default under the terms of any document evidencing or otherwise pertaining to the Loans, including, without limitation, the Loan Documents.