Common use of Defaults in Other Agreements or Indebtedness Clause in Contracts

Defaults in Other Agreements or Indebtedness. A default or event of default shall occur at any time under the terms of any other agreement involving borrowed money or the extension of credit or any other Indebtedness under which Holdings or any Material Subsidiary of Holdings may be obligated as a borrower or guarantor in excess of $20,000,000 in the aggregate, and either (1) such breach, default or event of default consists of the failure to pay (beyond any period of grace permitted with respect thereto, whether waived or not) any Indebtedness when due (whether at stated maturity, by acceleration or otherwise) or (2) such breach or default causes (or permits the holder or holders of such Indebtedness to cause) the acceleration of any Indebtedness (whether or not such right shall have been waived) or the termination of any commitment to lend;

Defaults in Other Agreements or Indebtedness. A default or event of default shall occur at any time under the terms of any other agreement involving borrowed money or the extension of credit or any other Indebtedness under which Holdings the Borrower or any Material Subsidiary of Holdings the Borrower may be obligated as a borrower or guarantor in excess of $20,000,000 750,000 in the aggregate, and either (1) such breach, default or event of default consists of the failure to pay (beyond any period of grace permitted with respect thereto, whether waived or not) any Indebtedness indebtedness when due (whether at stated maturity, by acceleration or otherwise) or (2) if such breach or default permits or causes (or permits the holder or holders of such Indebtedness to cause) the acceleration of any Indebtedness indebtedness (whether or not and such right shall not have been waived) or the termination of any commitment to lend;

Defaults in Other Agreements or Indebtedness. A default or event of default shall occur at any time under the terms of any other agreement involving borrowed money or the extension of credit or any other Indebtedness under which Holdings the Borrower or any Material Subsidiary of Holdings the Borrower may be obligated as a borrower or guarantor in excess of Twenty-Five Million and 00/100 Dollars ($20,000,000 25,000,000.00) in the aggregate, and either (1) such breach, default or event of default consists of the failure to pay (beyond any period of grace permitted with respect thereto, whether waived or not) any Indebtedness when due (whether at stated maturity, by acceleration or otherwise) or (2) if such breach or default permits or causes (or permits the holder or holders of such Indebtedness to cause) the acceleration of any Indebtedness (whether or not such right to accelerate shall have been waived) or the termination of any commitment to lend;

Defaults in Other Agreements or Indebtedness. A default or event of default shall occur at any time under the terms of any other agreement involving borrowed money or the extension of credit or any other Indebtedness under which Holdings the Borrower or any Material Subsidiary of Holdings the Borrower may be obligated as a borrower or guarantor in excess of Fifty Million and 00/100 Dollars ($20,000,000 50,000,000.00) in the aggregate, and either (1) such breach, default or event of default consists of the failure to pay (beyond any period of grace permitted with respect thereto, whether waived or not) any Indebtedness when due (whether at stated maturity, by acceleration or otherwise) or (2) if such breach or default permits or causes (or permits the holder or holders of such Indebtedness to cause) the acceleration of any Indebtedness (whether or not such right shall have been waived) or the termination of any commitment to lend;

Defaults in Other Agreements or Indebtedness. A default or event of default shall occur at any time under the terms of any other agreement involving borrowed money or the extension of credit or any other Indebtedness under which Holdings any Borrower or any Material Subsidiary of Holdings any Borrower may be obligated as a borrower or guarantor in excess of $20,000,000 50,000,000 in the aggregate, and either (1) such breach, default or event of default consists of the failure to pay (beyond any period of grace permitted with respect thereto, whether waived or not) any Indebtedness when due (whether at stated maturity, by acceleration or otherwise) or (2) if such breach or default permits or causes (or permits the holder or holders of such Indebtedness to cause) the acceleration of any Indebtedness (whether or not such right shall have been waivedwaived or amended) or the termination of any commitment to lend;

Defaults in Other Agreements or Indebtedness. A default or event of default shall occur at any time under the terms of any other agreement involving borrowed money or the extension of credit or any other Indebtedness under which Holdings the Borrower or any Material Subsidiary of Holdings the Borrower may be obligated as a borrower or guarantor in excess of $20,000,000 750,000 in the aggregate, and either (1) such breach, default or event of default consists of the failure to pay (beyond any period of grace permitted with respect thereto, whether waived or not) any Indebtedness indebtedness when due (whether at stated maturity, by acceleration or otherwise) or (2) if such breach or default permits (because of nonpayment) or causes (or permits the holder or holders of such Indebtedness to cause) the acceleration of any Indebtedness indebtedness (whether or not such right shall have been waived) or the termination of any commitment to lend;

Defaults in Other Agreements or Indebtedness. A default or event of default shall occur at any time under the terms of any other agreement involving borrowed money or the extension of credit or any other Indebtedness under which Holdings any Loan Party or any Material Restricted Subsidiary of Holdings any Loan Party may be obligated as a borrower or guarantor or other obligor in excess of $20,000,000 7,500,000 in the aggregate, and either (1) such breach, default or event of default consists of the failure to pay (beyond any period of grace permitted with respect thereto, whether waived or not) any Indebtedness indebtedness when due (whether at stated maturity, by acceleration or otherwise) or (2) if such breach or default permits or causes (or permits the holder or holders of such Indebtedness to cause) the acceleration of any Indebtedness indebtedness (whether or not such right shall have been waived) or the termination of any commitment to lend;

Defaults in Other Agreements or Indebtedness. A default or event of default shall occur at any time under the terms of any other agreement involving borrowed money or the extension of credit or any other Indebtedness under which Holdings the Borrower or any Material Subsidiary of Holdings the Borrower may be obligated as a borrower or guarantor in excess of $20,000,000 5,000,000 in the aggregate, and either (1) such breach, default or event of default consists of the failure to pay (beyond any period of grace permitted with respect thereto, whether waived or not) any Indebtedness indebtedness when due (whether at stated maturity, by acceleration or otherwise) or (2) if such breach or default permits or causes (or permits the holder or holders of such Indebtedness to cause) the acceleration of any Indebtedness indebtedness (whether or not such right shall have been waived) or the termination of any commitment to lend;

Defaults in Other Agreements or Indebtedness. A default or event of default shall occur at any time under the terms of any other agreement involving borrowed money or the extension of credit or any other Indebtedness under which Holdings the Borrower or any Material Subsidiary of Holdings the Borrower may be obligated as a borrower or guarantor in excess of $20,000,000 2,500,000 in the aggregate, and either (1) such breach, default or event of default consists of the failure to pay (beyond any period of grace permitted with respect thereto, whether waived or not) any Indebtedness indebtedness when due (whether at stated maturity, by acceleration or otherwise) or (2) if such breach or default permits or causes (or permits the holder or holders of such Indebtedness to cause) the acceleration of any Indebtedness indebtedness (whether or not and such right shall not have been waived) or the termination of any commitment to lendlend or, without limiting the foregoing, there occurs any “Event of Default” under the Senior Note Purchase Agreements;

Defaults in Other Agreements or Indebtedness. A default or event of default shall occur at any time under the terms of any other agreement involving borrowed money or the extension of credit or any other Indebtedness under which Holdings the Guarantor or any Material Subsidiary of Holdings may be obligated as a borrower or guarantor in excess of Fifty Million and 00/100 Dollars ($20,000,000 50,000,000.00) in the aggregate, and either (1) such breach, default or event of default consists of the failure to pay (beyond any period of grace permitted with respect thereto, whether waived or not) any Indebtedness when due (whether at stated maturity, by acceleration or otherwise) or (2) if such breach or default permits or causes (or permits the holder or holders of such Indebtedness to cause) the acceleration of any Indebtedness (whether or not such right shall have been exercised or waived) or the termination of any commitment to lend;