Non-Payments of Other Indebtedness. Any Credit Party shall fail to make any payment or payments of principal of or interest on any Indebtedness of such Credit Party which Indebtedness is in an aggregate amount of $1,000,000 or greater after giving effect to any applicable grace period.
Appears in 4 contracts
Samples: Credit Agreement (Maverick Tube Corporation), Credit Agreement (Maverick Tube Corporation), Credit Agreement (Maverick Tube Corporation)
Non-Payments of Other Indebtedness. Any Credit Party shall fail to make any payment or payments of principal of or interest on any Indebtedness of such Credit Party which Indebtedness is in an aggregate amount of $1,000,000 10,000,000 or greater after giving effect to any applicable grace period.;
Appears in 2 contracts
Samples: Credit Agreement (Gerdau Ameristeel Corp), Credit Agreement (Gerdau Ameristeel Corp)
Non-Payments of Other Indebtedness. Any Credit Party shall fail to make any payment or payments of principal of or interest on any Indebtedness of such Credit Party which Indebtedness is in an aggregate amount of $1,000,000 50,000,000 or greater after giving effect to any applicable grace period.;
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