Acceleration of Other Debt. The occurrence of any event such that any Indebtedness of any Borrower in excess of $500,000.00, to any creditor other than any Agent or any Lender could be accelerated (whether or not the subject creditor takes any action on account of such occurrence).
Appears in 1 contract
Sources: Loan and Security Agreement (Homeplace of America Inc)
Acceleration of Other Debt. The occurrence of any event such that any Indebtedness indebtedness of any Borrower to any creditor in excess of $500,000.00100,000.00, to any creditor other than any Agent or any Lender the Lender, could be accelerated (whether or accelerated, notwithstanding that such acceleration has not the subject creditor takes any action on account of such occurrence)taken place.
Appears in 1 contract
Acceleration of Other Debt. The occurrence of any event such that any Indebtedness -------------------------- indebtedness of any the Borrower in excess of $500,000.00, to any creditor creditor, other than any Agent or any Lender the Bank, in an outstanding principal amount exceeding One Hundred Thousand Dollars ($100,000.00), could be accelerated (whether or accelerated, notwithstanding that such acceleration has not the subject creditor takes any action on account of such occurrence)taken place.
Appears in 1 contract
Sources: Revolving Credit Loan Agreement (Bright Horizons Holdings Inc)