Agreements with Others Clause Samples

Agreements with Others if Borrowers, or any of them, shall default beyond any grace period under any agreement with respect to any Indebtedness or Subordinated Debt and (i) in the case of Indebtedness in excess of $100,000, such default consists of the failure to pay any principal, premium or interest with respect to such Indebtedness or (ii) such default consists of the failure to perform any covenant or agreement with respect to such Indebtedness, if the effect of such default is to cause or permit such Indebtedness to become due prior to its maturity date or prior to its regularly scheduled date of payment;

Agreements with Others. (i) if Borrower or any Subsidiary Guarantor shall default beyond any grace period in the payment of principal or interest of any Indebtedness in excess of One Million Dollars ($1,000,000) in the aggregate; or (ii) if Borrower defaults under the terms of any such Indebtedness in a manner other than as described in subclause (i) above and the effect of such default is to enable the holder of such Indebtedness to accelerate the payment of Borrower’s or any such Subsidiary Guarantor’s obligations, which are the subject thereof, prior to the maturity date or prior to the regularly scheduled date of payment; or

Agreements with Others if Borrower shall default beyond any grace period under any agreement with any creditor for borrowed money in excess of $100,000 and (i) such default consists of the failure to pay any principal, premium or interest with respect to such indebtedness, or (ii) such default consists of the failure to perform any covenant or agreement with respect to such indebtedness if such failure to perform causes Borrower's obligations which are the subject of such agreement to become due prior to the stated maturity date or the regularly scheduled date of payment; or

Agreements with Others. If any Loan Party shall default beyond any grace period under any agreement with respect to any Indebtedness (including Subordinated Debt) and (i) such default consists of the failure to pay any principal, premium or interest with respect to such Indebtedness or (ii) such default consists of the failure to perform any covenant or agreement with respect to such Indebtedness, if the effect of such default is to cause or permit such Indebtedness to become due prior to its maturity date or prior to its regularly scheduled date of payment;

Agreements with Others. Independent Contractor represents that he is not subject to any legal or contractual duty or agreement that would prevent or prohibit Independent Contractor from performing the Services for Company or complying with this Agreement.

Agreements with Others. The Stockholder represents and warrants that his performance of all the terms of this Agreement does not and will not breach any agreement to keep in confidence or trust confidential or proprietary Information acquired by him in confidence or trust. The Stockholder has not entered into and shall not enter into any agreement, arrangement or understanding, in each case whether written or oral, in conflict herewith.

Agreements with Others if the Company shall default beyond any grace period under any agreement with any creditor for borrowed money and (a) such default consists of the failure to pay any principal, premium or interest with respect to such indebtedness or (b) such default consists of the failure to perform any covenant or agreement(s) with respect to such indebtedness, which indebtedness in the case of either (a) or (b) exceeds Five Hundred Thousand Dollars ($500,000) in the aggregate if the effect of such default is to cause or permit the Company's obligations which are the subject thereof to become due prior to its maturity date or prior to its regularly scheduled date of payment; or

Agreements with Others. The Borrower or any of the Guarantors shall (i) default beyond any grace period under any agreement(s) with any creditor(s) of the Borrower or any such Subsidiary or holder(s) of Indebtedness from the Borrower or such Subsidiary which has an aggregate outstanding principal balance of $1,000,000, if the effect of such default is to cause or enable the holder(s) of such party's obligations to declare any such obligation of such party to become due (whether or not actually accelerated) prior to its maturity date or prior to its regularly scheduled date of payment or (ii) fail to pay any Indebtedness at final maturity; or

Agreements with Others. (i) if any Loan Party shall default beyond any grace period in the payment of principal or interest of any Indebtedness of any Loan Party in excess of Two Hundred Fifty Thousand Dollars ($250,000) in the aggregate; or (ii) if any Loan Party otherwise defaults under the terms of any such Indebtedness if the effect of such default is to enable the holder of such Indebtedness to accelerate the payment of any Loan Party’s obligations, which are the subject thereof, prior to the maturity date or prior to the regularly scheduled date of payment or (iii) any “Event of Default” occurs under and as defined in the Citizens Documents or Jet Pay Documents and as a result thereof demand is made on Parent Jet Pay Documents;