Common use of Other Debts Clause in Contracts

Other Debts. Borrower shall default in connection with any agreement for borrowed money or other credit with any creditor other than Lender which entitles said creditor to accelerate the maturity thereof.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Oragenics Inc), Revolving Credit Agreement (Oragenics Inc)

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Other Debts. Borrower shall default in connection with any ----------- agreement for borrowed money or other credit Debt with any creditor other than Lender which entitles said creditor to accelerate the maturity thereof, where the aggregate principal amount of such Debt is in excess of $1,000,000.

Appears in 2 contracts

Samples: Term Loan Agreement (Hooker Furniture Corp), Term Loan Agreement (Hooker Funiture Corp Employee Stock Ownership Plan Trust)

Other Debts. Borrower or any Subsidiary shall default in connection with any agreement for borrowed money or other credit Debt in excess of One Million Dollars ($1,000,000), with any creditor other than Lender which entitles said creditor to accelerate the maturity thereof.

Appears in 1 contract

Samples: Credit Agreement (Theragenics Corp)

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Other Debts. Borrower shall default in connection with any agreement for indebtedness for borrowed money of $10,000,000 or other credit more with any creditor other than Lender which entitles said creditor to accelerate the maturity thereof.

Appears in 1 contract

Samples: Loan and Security Agreement (Magellan Health Services Inc)

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