Default Under Other Loans Sample Clauses

Default Under Other Loans. If a default is declared under any other financing for the Development by the lender of such financing and such default remains uncured following any applicable notice and cure period.
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Default Under Other Loans. Failure by Borrower or any Subsidiaries to make any payment of principal or interest, when due, on any other obligation to pay money to Lender or to any other person, other than amounts being contested in good faith by appropriate proceedings, or default by Borrower or any Subsidiaries in the performance of any terms and conditions of any agreement under which such obligation was created if the effect of such failure to pay or of such default is to permit the holder(s) to accelerate the stated maturity of such obligation.
Default Under Other Loans. If a default or Event of Default occurs under (a) any document or instrument evidencing, securing or executed in connection with the Revolving Receivables Loan, or (b) any document or instrument evidencing, securing, or executed in connection with any other Indebtedness, and any such default or event of default (as described in (a) or (b) above) is not cured within the applicable grace period (if any) provided therein.
Default Under Other Loans. Owner defaults under any other loan (including any construction, permanent, or bond financing) secured in whole or in part by the Property, and fails to cure such default within any applicable cure period set forth in the loan documents relating to such loan. If Owner cures a default under any other loan, that cure shall constitute a cure under this Agreement, provided Owner is not in default of any other provision of this Agreement.
Default Under Other Loans. A default is declared under any other financing for the Development by the lender of such financing.
Default Under Other Loans. Subject to any grace or cure periods, the occurrence of a default under the terms of any document or agreement evidencing, securing or otherwise pertaining to the extension of credit in excess of $50,000.00 by any other party to Borrower, the default, which if not cured, would permit the acceleration of the debt.
Default Under Other Loans. Grantor defaults under any other loan (including any construction, permanent, or bond financing) secured in whole or in part by the Property, including any loan secured by a Permitted Exception, and fails to cure such default within any applicable cure period set forth in the loan documents relating to such loan.
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Default Under Other Loans. If Borrower should default in the payment of any other loan from Lender to Borrower, whether now or hereafter existing, or fail to perform any of its obligations in connection therewith.
Default Under Other Loans. Borrower defaults under any other loan (including any construction, permanent, or bond financing) secured in whole or in part by the Property, including any loan secured by a Permitted Exception, and fails to cure such default within any applicable cure period set forth in the loan documents relating to such loan.
Default Under Other Loans. Failure to make any payment or perform any of Borrower's covenants, agreements, or obligations under the documents evidencing and securing any other loans to Borrower secured by the Property following expiration of all applicable notice and cure periods.
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