Common use of Defaults on Other Obligations Clause in Contracts

Defaults on Other Obligations. There exists a default in the performance of any other agreement or obligation for the payment of borrowed money, for the deferred purchase price of property or services, or for the payment of rent under any lease, whether by acceleration or otherwise, which would permit such obligation to be declared due and payable prior to its stated maturity; and such default continues for 30 days after Borrower receives written notice thereof from the creditor so affected;

Defaults on Other Obligations. There exists a default by Borrower in ----------------------------- the performance of any other agreement or obligation for the payment of borrowed money, for the deferred purchase price of property or services, or for the payment of rent under any lease, whether by acceleration or otherwise, which would permit such obligation to be declared due and payable prior to its stated maturity; and such default continues for 30 days after Borrower receives written notice thereof from the creditor so affected;

Defaults on Other Obligations. There exists a default in the performance of any other agreement or obligation (to Banks or any other Person) for the payment of borrowed money, for the deferred purchase price of property or services, or for the payment of rent under any lease, whether by acceleration or otherwise, which would permit such monetary obligation to be declared due and payable prior to its stated maturity; and such default continues for 30 days after Borrower receives written notice thereof from the creditor so affected;

Defaults on Other Obligations. There exists a default in the performance of any other agreement or obligation for the payment of borrowed moneymoney of $3,000,000 or more, for the deferred purchase price of property or services, or for the payment of rent under any lease, whether by acceleration or otherwise, which would permit such obligation to be declared due and payable prior to its stated maturity; and such default continues for 30 days after Borrower or the Subsidiary so affected receives written notice thereof from the creditor so affected;

Defaults on Other Obligations. There exists a default in the ----------------------------- performance of any other material agreement or obligation for the payment of borrowed money, for the deferred purchase price of property or services, or for the payment of rent under any lease, whether by acceleration or otherwise, which would permit such obligation to be declared due and payable (other than cases where Borrower and one of its vendors or suppliers are involved in an immaterial dispute) prior to its stated maturity; and such default continues for 30 days after Borrower receives written notice thereof from the creditor so affected;

Defaults on Other Obligations. There exists a default ----------------------------- in the performance of any other agreement or obligation for the payment of borrowed money, for the deferred purchase price of property or services, or for the payment of rent under any lease, whether by acceleration or otherwise, which would permit such obligation to be declared due and payable prior to its stated maturity; and such default continues for 30 days after Borrower receives written notice thereof from the creditor so affected, but only if the aggregate of all such defaulted obligations the default of which is continuing exceeds $5,000,000;