Other Indebtedness of Borrower. Any Applicable Indebtedness of Borrower (i) shall be declared to be or shall become due and payable prior to the stated maturity thereof or (ii) shall not be paid as and when the same becomes due and payable; or any other event of default shall occur and be continuing under any other Indebtedness Instrument (other than a Loan Document) relating to any Indebtedness of Borrower in excess of $15,000,000 and, if a cure period is applicable thereto, such default shall not be cured within 15 days after the occurrence thereof; or
Appears in 2 contracts
Samples: Revolving Credit Agreement (Firstcity Financial Corp), Revolving Credit Agreement (Firstcity Financial Corp)
Other Indebtedness of Borrower. Any Applicable Indebtedness of Borrower (i) shall be declared to be or shall become due and payable prior to the stated maturity thereof or (ii) shall not be paid as and when the same becomes due and payable; or any other event of default shall occur and be continuing under any other Indebtedness Instrument (other than a Loan Document) relating to any Indebtedness of Borrower in excess of $15,000,000 and, if a cure period is applicable thereto, such default shall not be cured within 15 fifteen (15) days after the occurrence thereof; or
Appears in 1 contract
Samples: Reducing Note Facility Agreement (Firstcity Financial Corp)
Other Indebtedness of Borrower. Any Applicable Indebtedness of a Borrower (i) shall be declared to be or shall become due and payable prior to the stated maturity thereof or (ii) shall not be paid as and when the same becomes due and payable; or any other event of default shall occur and be continuing under any other Indebtedness Instrument (other than a Loan Document) relating to any Indebtedness of a Borrower in excess of $15,000,000 and, if a cure period is applicable thereto, such default shall not be cured within 15 fifteen (15) days after the occurrence thereof; or
Appears in 1 contract
Samples: Reducing Note Facility Agreement (Firstcity Financial Corp)
