Cross-Acceleration. Any other Borrowings of any Obligor are: (a) declared due and payable prior to their normal maturity date as a result of a default (however described) by that Obligor; or (b) not paid within five Business Days of their due date or, if longer, within any applicable grace period, unless, in any such case, the aggregate amount of the Borrowings is less than euro 50,000,000 or its equivalent or the payment in question is being contested by the Obligor owing the amount by reason of a bona fide dispute.
Appears in 5 contracts
Sources: Syndicated Credit Facility Agreement (Gec Acquisition Corp), Syndicated Credit Facility Agreement (Gec Acquisition Corp), Syndicated Credit Facility (Gec Acquisition Corp)