Common use of Agreements with Others Clause in Contracts

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. If (i) if any Loan Party shall default beyond any grace period under any agreement with respect to in the payment of principal or interest of any Indebtedness of any Loan Party in excess of Two Hundred Fifty Thousand Dollars (including Subordinated Debt$250,000) and (i) such default consists of in the failure to pay any principal, premium or interest with respect to such Indebtedness aggregate; or (ii) if any Loan Party otherwise defaults under the terms of any such default consists of the failure to perform any covenant or agreement with respect to such Indebtedness, Indebtedness if the effect of such default is to cause or permit enable the holder of such Indebtedness to become due accelerate the payment of any Loan Party’s obligations, which are the subject thereof, prior to its the maturity date or prior to its the regularly scheduled date of payment;

Agreements with Others. If any Loan Party shall default beyond any grace period under any agreement with respect to any Indebtedness (including Subordinated Debt) in an aggregate amount in excess of $150,000 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 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;