Common use of Default Under Third Party Agreements Clause in Contracts

Default Under Third Party Agreements. If a default, or event or condition which with notice or lapse of time or both would become a default, occurs that gives the creditor the right to accelerate in respect of any other obligation of Borrower or any Subsidiary of the Borrower for borrowed money (including lease obligations) in the amount of $500,000 in the aggregate, or under any two or more such other obligations of any amount; or

Default Under Third Party Agreements. If a defaultone or more defaults, or event events or condition conditions which with notice or lapse of time or both would become a default, occurs occur that gives give(s) the creditor the right to accelerate in respect of any other obligation obligation(s) of Borrower Destia or any Subsidiary of the Borrower for borrowed money (including lease obligations) in the amount of $500,000 1,000,000 individually or in the aggregate, or under any two or more such other obligations of any amount; or

Default Under Third Party Agreements. If a defaultone or more defaults, or event events or condition conditions which with notice or lapse of time or both would become a default, occurs occur that gives give(s) the creditor the right to accelerate in respect of any other obligation obligation(s) of Borrower Econophone or any Subsidiary of the Borrower for borrowed money (including lease obligations) in the amount of $500,000 1,000,000 individually or in the aggregate, or under any two or more such other obligations of any amount; or

Default Under Third Party Agreements. If a default, or event or condition which with notice or lapse of time or both would become a default, occurs that gives the creditor the right to accelerate in respect of any other obligation of Borrower or any Subsidiary of the Borrower Guarantor for borrowed money (including lease obligationsobligations)(in the present or in the future) in the amount of $500,000 100,000 in the aggregate, or under any two or more such other obligations of any amount; or

Default Under Third Party Agreements. If a default, or event or ------------------------------------ condition which with notice or lapse of time or both would become a default, occurs that gives the creditor the right to accelerate in respect of any other obligation of Borrower or any Subsidiary of the a Borrower for borrowed money (including lease obligations) in the amount of $500,000 100,000 in the aggregate, or under any two or more such other obligations of any amount; or

Default Under Third Party Agreements. If a default, or event or condition which with notice or lapse of time or both would become a default, occurs that gives the creditor the right to accelerate in respect of any other obligation of Borrower or any Subsidiary of the Borrower for borrowed money (including lease obligations) in the amount of $500,000 in the aggregate, or under any two or more such other obligations of any amount; or

Default Under Third Party Agreements. If a default, or event or condition which with notice or lapse of time or both would become a default, occurs that gives and the creditor the right to accelerate accelerates in respect of any other obligation of Borrower or any Subsidiary of the Borrower for borrowed money (including lease obligations) in the amount of $500,000 300,000 in the aggregate, or under any two or more such other obligations of any amount; or