Common use of Cross-Acceleration Clause in Contracts

Cross-Acceleration. Any default occurs under any mortgage, indenture or instrument under which there is issued or by which there is secured or evidenced any Indebtedness for money borrowed by the Borrower or any of its Restricted Subsidiaries or the payment of which is guaranteed by the Borrower or any of its Restricted Subsidiaries (other than Indebtedness owed to the Borrower or a Restricted Subsidiary), whether such Indebtedness existed prior to the Closing Date or is created thereafter, if both: (i) such default either results from the failure to pay any principal of such Indebtedness at its stated final maturity (after giving effect to any applicable grace periods) or relates to an obligation other than the obligation to pay principal of any such Indebtedness at its stated final maturity and results in the holder or holders of such Indebtedness causing such Indebtedness to become due prior to its stated maturity; and (ii) the principal amount of such Indebtedness, together with the principal amount of any other such Indebtedness in default for failure to pay principal at stated final maturity (after giving effect to any applicable grace periods), or the maturity of which has been so accelerated, aggregate $100,000,000 or more at any one time outstanding; or

Cross-Acceleration. Any default occurs The Borrower or any Restricted Subsidiary defaults under any mortgage, indenture or instrument under which there is issued or by which there is secured or evidenced any Indebtedness for money borrowed by the Borrower or any of its Restricted Subsidiaries Subsidiary or the payment of which is guaranteed by the Borrower or any of its Restricted Subsidiaries (Subsidiary, other than Indebtedness owed to the Borrower or a Restricted Subsidiary), whether such Indebtedness existed prior to the Closing Date or guarantee now exists or is created thereafterafter the issuance of the Obligations, if both: (ia) such default either results from the failure to pay any principal of such Indebtedness at its stated final maturity (after giving effect to any applicable grace periods) or relates to an obligation other than the obligation to pay principal of any such Indebtedness at its stated final maturity and results in the holder or holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders or beneficiary or beneficiaries) causing such Indebtedness to become due prior to its stated maturity; and or (iib) the principal amount of such Indebtedness, together with the principal amount of any other such Indebtedness in default for failure to pay principal at its stated final maturity (after giving effect to any applicable grace periods), or the maturity of which has been so accelerated, aggregate $100,000,000 to the Threshold Amount or more at any one time outstanding; or

Cross-Acceleration. Any A default occurs by Holdings, the Borrower or any Subsidiary under any mortgage, indenture or instrument under which there is may be issued or by which there is may be secured or evidenced any Indebtedness for money borrowed by Holdings, the Borrower or any of its Restricted Subsidiaries (or the payment of which is guaranteed by the Borrower or any of its Restricted Subsidiaries (other than Indebtedness owed to the Borrower or a Restricted Subsidiary), Subsidiaries) whether such Indebtedness existed prior to the Closing Date or guarantee now exists, or is created thereafterafter the date hereof, if both: that default (i) such default either results from the is caused by a failure to pay make any principal of such Indebtedness payment when due at its stated final maturity (after giving effect to any applicable grace periods) or relates to an obligation other than the obligation to pay principal of any such Indebtedness at its stated final maturity and (a "Payment Default") or (ii) results in the holder or holders acceleration of such Indebtedness causing such Indebtedness to become due prior to its stated express maturity; , and (ii) , in each case, the principal amount of any such Indebtedness, together with the principal amount of any other such Indebtedness in default for failure to pay principal at stated final maturity (after giving effect to any applicable grace periods), under which there has been a Payment Default or the maturity of which has been so accelerated, aggregate $100,000,000 aggregates to the Threshold Amount or more at any one time outstandingmore; or