Non-Payment of Other Indebtedness Sample Clauses

Non-Payment of Other Indebtedness. Either Borrower shall fail to make any payment of principal of or interest on any of its Indebtedness (other than the Obligations) exceeding the Material Amount in the aggregate when due (whether at stated maturity, by acceleration, on demand or otherwise) after giving effect to any applicable grace period;
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Non-Payment of Other Indebtedness. Default in the payment when due (subject to any applicable grace period), whether by acceleration or otherwise, of any Indebtedness of the Borrower or any of its Subsidiaries (other than Indebtedness in respect of this Agreement) in an aggregate amount at any one time in excess of $5,000,000 or default in the performance or observance of any obligation or condition with respect to any such Indebtedness if the effect of such default in performance or observance is to accelerate the maturity of any such Indebtedness or to permit the holder or holders thereof, or any trustee or agent for such holders, to cause such Indebtedness to become due and payable prior to its expressed maturity.
Non-Payment of Other Indebtedness. The Borrower, any other Obligor or any Subsidiary shall fail to pay, when due, whether by acceleration or otherwise (subject to any applicable grace period), any Indebtedness of, or guaranteed by, the Borrower, such other Obligor or such Subsidiary;
Non-Payment of Other Indebtedness. Default in the payment when due, whether by acceleration or otherwise (subject to any applicable grace period), of any Indebtedness in excess of $5,000,000 (including the Morgxx Credit Agreement) of the Borrower (other than the Indebtedness evidenced by the Note).
Non-Payment of Other Indebtedness. Default by Borrower or Guarantor (other than in payment of Borrower's Obligations) in the (i) payment when due (subject to any applicable grace period or cure period), whether by acceleration or otherwise, of any indebtedness, where the amount thereof is in excess of $500,000 or (ii) performance or observance of any obligation or condition with respect to any indebtedness of Borrower or Guarantor, where the amount of such indebtedness is in excess of $500,000 (other than in payment of Borrower's Obligations) if the effect of such default is to accelerate the maturity of any such indebtedness or to permit the holder thereof to cause such indebtedness to become due and payable prior to its expressed maturity.
Non-Payment of Other Indebtedness. Default in the payment when due, whether by acceleration or otherwise (subject to any applicable grace period), of any Indebtedness of, or guaranteed by, such Fund or Portfolio, as the case may be, in excess of 5% of such Fund's or Portfolio's, as the case may be, then respective total Net Asset Value.
Non-Payment of Other Indebtedness. Default in the payment when due, whether by acceleration or otherwise (subject to any applicable grace period), of any Indebtedness of, or guaranteed by, Borrower, any other Obligor or any Designated Subsidiary with a principal balance in excess of $5,000,000 (other than any Indebtedness under this Agreement and any Notes), including without limitation the First Mortgage Loans, the Senior Secured Loans and the Term Loans.
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Non-Payment of Other Indebtedness. If default shall be made in the payment when due of any installment of principal or of interest on any Borrower's other indebtedness.
Non-Payment of Other Indebtedness. Default in the payment when due, whether by acceleration or otherwise (subject to any applicable grace period), of any Indebtedness of, or guaranteed by, Borrower, any other Obligor or any Subsidiary (other than (i) any Indebtedness under this Agreement and any Notes, (ii) any Indebtedness of Parent or any Subsidiary of Parent to Borrower or to any other Subsidiary of Parent, (iii) any Indebtedness of Borrower to Parent or any other Subsidiary of Parent or (iv) Indebtedness under the Other Loan Agreements); provided that the aggregate amount of Indebtedness so affected shall equal or exceed $25,000.
Non-Payment of Other Indebtedness. The Borrower or any Subsidiary (i) fails to make any payment when due (whether by scheduled maturity, required prepayment, acceleration or otherwise) in respect of any Material Debt (whether due by scheduled maturity, required prepayment, acceleration, demand, or otherwise) and such failure continues after the applicable grace or notice period, if any, specified in the relevant document on the date of such failure; or (ii) fails to perform or observe any other condition or covenant, or any other event shall occur or condition exist, under any agreement or instrument relating to any Material Debt, if, in any such event, the effect of such failure, event or condition is to cause, or to permit the holder or holders thereof or beneficiary or beneficiaries thereof (or a trustee or agent on behalf of such holder or holders or beneficiary or beneficiaries) to cause (after the expiration of any applicable grace period or notice period, if any, specified in the relevant document on the date of such failure) such Material Debt, to become due and payable or to be repurchased, defeased or redeemed prior to its expressed maturity; or
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