Cross Defaults definition

Cross Defaults. Shall not contain any cross-default provisions or cross-acceleration provisions any more onerous to Fleetwood than the terms of the 2003 Subordinated Debentures or as may be reasonably acceptable to the Agent Closing Date: On or prior to December 31, 2008 Use of Proceeds: To repay in part or in full (or in partial or complete satisfaction of any put, redemption or prepayment obligation in respect of) the 2003 Subordinated Debentures. Issuer: Fleetwood Enterprises, Inc. Securities: 2008 Senior Secured Debentures.
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Cross Defaults means any event of default under Section 6.01(6) of the Indenture other than as a consequence of the termination of any Third Party Forbearance Agreement prior to March 31, 2016.
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Examples of Cross Defaults in a sentence

  • No Default or Event of Default exists under any of the Loan Documents other than the Cross Defaults.

  • Buyer's Initials /s/ DW Seller's Initials /s/ GKH 8.3 Cross Terminations and Cross Defaults.

  • During the Forbearance Period, the Holders shall not take any action to accelerate any Indebtedness under the Indenture nor take any enforcement action or exercise any remedies, or direct that the Trustee take any action to accelerate any Indebtedness under the Indenture or any enforcement action or exercise any remedies whatsoever with respect to the Payment Default or any Cross Defaults (such forbearance from any enforcement action or exercise of remedies, the "Forbearance").

  • The Cross Defaults and the Principal Default are hereinafter sometimes collectively referred to as the "Continuing Defaults".

  • PFG hereby waives the Events of Default arising out of the Cross Defaults.

  • The EBITDA Default, the Reserve Default, the Financial Information Defaults and the Cross Defaults constitute "Actionable Other Defaults" as such term is defined under the Intercreditor Agreement.

  • The Credit Agreement Cross Default and the Indenture Cross Default, together with such additional defaults as may have occurred or as may hereafter occur under the Credit Agreement or the Convertible Note Indenture, and together with such Defaults or Events of Default as may have occurred or as may hereafter occur under Section 10.1(f) of the Note Purchase Agreements, are hereinafter sometimes collectively referred to as the "Cross Defaults".

  • Buyer's Initials /s/ DW Seller's Initials /s/ GKH 8.3 Simultaneous Closings, Cross Terminations and Cross Defaults.

  • Borrower acknowledges that it is currently in default under the Loan Agreement due to the Specified Defaults and the Cross Defaults.