Indebtedness Cross-Default. (i) Any “Event of Default” (as defined in the U.S. Credit Agreement) shall occur under the U.S. Credit Agreement. (ii) Any default shall occur in the payment of any Indebtedness of the U.S. Borrower or any of its Subsidiaries (other than the Loans, any Reimbursement Obligation or the U.S. Credit Facility) the aggregate outstanding amount of which Indebtedness is in excess of $25,000,000 beyond the period of grace, if any, provided in the instrument or agreement under which such Indebtedness was created. (iii) Any default in the observance or performance of any other agreement or condition relating to any Indebtedness of the U.S. Borrower or any of its Subsidiaries (other than the Loans, any Reimbursement Obligation or the U.S. Credit Facility) the aggregate outstanding amount of which Indebtedness is in excess of $25,000,000 or contained in any instrument or agreement evidencing, securing or relating thereto or any other event shall occur or condition exist, the effect of which default or other event or condition is to cause, or to permit the holder or holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders) to cause, with the giving of notice if required, any such Indebtedness to become due prior to its stated maturity (any applicable grace period having expired). (iv) Any payment default or any other event of default or any other similar event, including any change in control, shall occur under any agreement executed in connection with the April 2008 Convertible Indebtedness.
Appears in 5 contracts
Samples: Credit Agreement (Bowater Inc), Credit Agreement (AbitibiBowater Inc.), Credit Agreement (Bowater Inc)
Indebtedness Cross-Default. (i) Any “Event of Default” (as defined in the U.S. Credit Agreement) shall occur under the U.S. Credit Agreement.
(ii) Any default shall occur in the payment of any Indebtedness of the U.S. Borrower or any of its Subsidiaries (other than the Loans, any Reimbursement Obligation or the U.S. Credit Facility) the aggregate outstanding amount of which Indebtedness is in excess of $25,000,000 beyond the period of grace, if any, provided in the instrument or agreement under which such Indebtedness was created.
(iii) Any default in the observance or performance of any other agreement or condition relating to any Indebtedness of the U.S. Borrower or any of its Subsidiaries (other than the Loans, any Reimbursement Obligation or the U.S. Credit Facility) the aggregate outstanding amount of which Indebtedness is in excess of $25,000,000 or contained in any instrument or agreement evidencing, securing or relating thereto or any other event shall occur or condition exist, the effect of which default or other event or -- condition is to cause, or to permit the holder or holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders) to cause, with the giving of notice if required, any such Indebtedness to become due prior to its stated maturity (any applicable grace period having expired).
(iv) Any payment default or any other event of default or any other similar event, including any change in control, shall occur under any agreement executed in connection with the April 2008 Convertible Indebtedness.
Appears in 1 contract
Samples: Credit Agreement (Bowater Inc)
Indebtedness Cross-Default. (i) Any “Event of Default” (as defined in the U.S. Credit Agreement) shall occur under the U.S. Credit Agreement.
(ii) Any “Event of Default” (or similar term used and defined in the documentation governing any Indebtedness incurred pursuant to Section 10.1(m)) shall occur under any Indebtedness incurred pursuant to Section 10.1(m).
(iii) Any default shall occur in the payment of any Indebtedness of the U.S. Borrower or any of its Subsidiaries (other than the Loans, any Reimbursement Obligation or the U.S. Credit FacilityFacility or any Indebtedness incurred pursuant to Section 10.1(m)) the aggregate outstanding amount of which Indebtedness is in excess of $25,000,000 beyond the period of grace, if any, provided in the instrument or agreement under which such Indebtedness was created.
(iiiiv) Any default in the observance or performance of any other agreement or condition relating to any Indebtedness of the U.S. Borrower or any of its Subsidiaries (other than the Loans, any Reimbursement Obligation or the U.S. Credit FacilityFacility or any Indebtedness incurred pursuant to Section 10.1(m)) the aggregate outstanding amount of which Indebtedness is in excess of $25,000,000 or contained in any instrument or agreement evidencing, securing or relating thereto or any other event shall occur or condition exist, the effect of which default or other event or condition is to cause, or to permit the holder or holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders) to cause, with the giving of notice if required, any such Indebtedness to become due prior to its stated maturity (any applicable grace period having expired).
(iv) Any payment default or any other event of default or any other similar event, including any change in control, shall occur under any agreement executed in connection with the April 2008 Convertible Indebtedness.
Appears in 1 contract
Samples: Credit Agreement (Bowater Inc)
Indebtedness Cross-Default. (i) Any “"Event of Default” " (as defined in the U.S. Credit Agreement) shall occur under the U.S. Credit Agreement.
(ii) Any default shall occur in the payment of any Indebtedness of the U.S. Borrower or any of its Subsidiaries (other than the Loans, any Reimbursement Obligation or the U.S. Credit Facility) the aggregate outstanding amount of which Indebtedness is in excess of $25,000,000 beyond the period of grace, if any, provided in the instrument or agreement under which such Indebtedness was created.
(iii) Any default in the observance or performance of any other agreement or condition relating to any Indebtedness of the U.S. Borrower or any of its Subsidiaries (other than the Loans, any Reimbursement Obligation or the U.S. Credit Facility) the aggregate outstanding amount of which Indebtedness is in excess of $25,000,000 or contained in any instrument or agreement evidencing, securing or relating thereto or any other event shall occur or condition exist, the effect of which default or other event or condition is to cause, or to permit the holder or holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders) to cause, with the giving of notice if required, any such Indebtedness to become due prior to its stated maturity (any applicable grace period having expired).
(iv) Any payment default or any other event of default or any other similar event, including any change in control, shall occur under any agreement executed in connection with the April 2008 Convertible Indebtedness.
Appears in 1 contract
Indebtedness Cross-Default. (i) Any “"Event of Default” " (as defined in the U.S. Credit Agreement) shall occur under the U.S. Credit Agreement.
(ii) Any default shall occur in the payment of any Indebtedness of the U.S. Borrower or any of its Subsidiaries (other than the Loans, any Reimbursement Obligation or the U.S. Credit Facility) the aggregate outstanding amount of which Indebtedness is in excess of $25,000,000 beyond the period of grace, if any, provided in the instrument or agreement under which such Indebtedness was created.
(iii) Any default in the observance or performance of any other agreement or condition relating to any Indebtedness of the U.S. Borrower or any of its Subsidiaries (other than the Loans, any Reimbursement Obligation or the U.S. Credit Facility) the aggregate outstanding amount of which Indebtedness is in excess of $25,000,000 or contained in any instrument or agreement evidencing, securing or relating thereto or any other event shall occur or condition exist, the effect of which default or other event or -- condition is to cause, or to permit the holder or holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders) to cause, with the giving of notice if required, any such Indebtedness to become due prior to its stated maturity (any applicable grace period having expired).
(iv) Any payment default or any other event of default or any other similar event, including any change in control, shall occur under any agreement executed in connection with the April 2008 Convertible Indebtedness.
Appears in 1 contract
Indebtedness Cross-Default. (i) Any “"Event of Default” " (as defined in the U.S. Credit Agreement) shall occur under the U.S. Credit Agreement.
(ii) Any default shall occur in the payment of any Indebtedness of the U.S. Borrower or any of its Subsidiaries (other than the Loans, any Reimbursement Obligation or the U.S. Credit Facility) the aggregate outstanding amount of which Indebtedness is in excess of $25,000,000 beyond the period of grace, if any, provided in the instrument or agreement under which such Indebtedness was created.
(iii) Any default in the observance or performance of any other agreement or condition relating to any Indebtedness of the U.S. Borrower or any of its Subsidiaries (other than the Loans, any Reimbursement Obligation or the U.S. Credit Facility) the aggregate outstanding amount of which Indebtedness is in excess of $25,000,000 or contained in any instrument or agreement evidencing, securing or relating thereto or any other event shall occur or condition exist, the effect of which default or other event or condition is to cause, or to permit the holder or holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders) to cause, with the giving of notice if required, any such Indebtedness to become due prior to its stated maturity (any applicable grace period having expired).
(iv) Any payment default or any other event of default or any other similar event, including any change in control, shall occur under any agreement executed in connection with the April 2008 Convertible Indebtedness.
Appears in 1 contract
Indebtedness Cross-Default. (i) Any “Event of Default” (as defined in the U.S. Credit Agreement) shall occur under the U.S. Credit Agreement.
(ii) Any default shall occur in the payment of any Indebtedness of the U.S. Borrower or any of its Subsidiaries (other than the Loans, any Reimbursement Obligation or the U.S. Credit Facility) the aggregate outstanding amount of which Indebtedness is in excess of $25,000,000 beyond the period of grace, if any, provided in the instrument or agreement under which such Indebtedness was created.
(iii) Any default in the observance or performance of any other agreement or condition relating to any Indebtedness of the U.S. Borrower or any of its Subsidiaries (other than the Loans, any Reimbursement Obligation or the U.S. Credit Facility) the aggregate outstanding amount of which Indebtedness is in excess of $25,000,000 or contained in any instrument or agreement evidencing, securing or relating thereto or any other event shall occur or condition exist, the effect of which default or other event or condition is to cause, or to permit the holder or holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders) to cause, with the giving of notice if required, any such Indebtedness to become due prior to its stated maturity (any applicable grace period having expired).
(iv) Any payment default or any other event of default or any other similar event, including any change in control, shall occur under any agreement executed in connection with the April 2008 Convertible Indebtedness.
Appears in 1 contract
Samples: Credit Agreement (Bowater Inc)
Indebtedness Cross-Default. (i) Any “"Event of Default” " (as defined in the U.S. Credit Agreement) shall occur under the U.S. Credit Agreement.
(ii) Any "Event of Default" (or similar term used and defined in the documentation governing any Indebtedness incurred pursuant to Section 10.1(m)) shall occur under any Indebtedness incurred pursuant to Section 10.1(m).
(iii) Any default shall occur in the payment of any Indebtedness of the U.S. Borrower or any of its Subsidiaries (other than the Loans, any Reimbursement Obligation or the U.S. Credit FacilityFacility or any Indebtedness incurred pursuant to Section 10.1(m)) the aggregate outstanding amount of which Indebtedness is in excess of $25,000,000 beyond the period of grace, if any, provided in the instrument or agreement under which such Indebtedness was created.
(iiiiv) Any default in the observance or performance of any other agreement or condition relating to any Indebtedness of the U.S. Borrower or any of its Subsidiaries (other than the Loans, any Reimbursement Obligation or the U.S. Credit FacilityFacility or any Indebtedness incurred pursuant to Section 10.1(m)) the aggregate outstanding amount of which Indebtedness is in excess of $25,000,000 or contained in any instrument or agreement evidencing, securing or relating thereto or any other event shall occur or condition exist, the effect of which default or other event or condition is to cause, or to permit the holder or holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders) to cause, with the giving of notice if required, any such Indebtedness to become due prior to its stated maturity (any applicable grace period having expired).
(iv) Any payment default or any other event of default or any other similar event, including any change in control, shall occur under any agreement executed in connection with the April 2008 Convertible Indebtedness.
Appears in 1 contract