Default in Other Agreements. (1) Failure of Borrower or any of its Subsidiaries to pay when due any principal or interest on any Indebtedness (other than the Obligations) or (2) breach or default of Borrower or any of its Subsidiaries with respect to any Indebtedness (other than the Obligations); if such failure to pay, breach or default entitles the holder to cause such Indebtedness having an individual principal amount in excess of $100,000 or having an aggregate principal amount in excess of $250,000 to become or be declared due prior to its stated maturity; or
Appears in 4 contracts
Sources: Credit and Security Agreement (Tower Air Inc), Loan and Security Agreement (Continental Information Systems Corp), Loan and Security Agreement (Rankin Automotive Group Inc)
Default in Other Agreements. (1i) Failure of any Borrower or any of its their respective Subsidiaries to pay when due any principal or interest on any Indebtedness (other than the Obligations) or (2ii) breach or default of any Borrower or any of its their respective Subsidiaries with respect to any Indebtedness (other than the Obligations); if such failure to pay, breach or default entitles the holder to cause such Indebtedness having an individual principal amount in excess of $100,000 500,000 or having an aggregate principal amount in excess of $250,000 1,000,000 to become or be declared due prior to its stated maturity; or
Appears in 2 contracts
Sources: Loan Agreement (Vitesse Semiconductor Corp), Loan Agreement (Vitesse Semiconductor Corp)
Default in Other Agreements. (1) Failure of Borrower or any of --------------------------- its Subsidiaries to pay when due any principal or interest on any Indebtedness (other than the Obligations) or (2) breach or default of Borrower or any of its Subsidiaries with respect to any Indebtedness (other than the Obligations); if such failure to pay, breach or default entitles the holder to cause such Indebtedness having an individual principal amount in excess of $100,000 or having an aggregate principal amount in excess of $250,000 to become or be declared due prior to its stated maturity; or
Appears in 2 contracts
Sources: Loan and Security Agreement (Tower Air Inc), Loan and Security Agreement (Tower Air Inc)
Default in Other Agreements. (1) Failure of any Borrower or any of its Subsidiaries to pay when due any principal or interest on any Indebtedness (other than the Obligations) or (2) breach or default of any Borrower or any of its Subsidiaries with respect to any Indebtedness (other than the Obligations); , in each case, only if such failure to pay, breach or default entitles the holder to cause such Indebtedness having an individual principal amount in excess of $100,000 1,000,000 or having an aggregate principal amount in excess of $250,000 2,000,000 to become or be declared due prior to its stated maturity; or
Appears in 1 contract
Sources: Loan and Security Agreement (Sun Healthcare Group Inc)
Default in Other Agreements. (1) Failure of Borrower or any of its Subsidiaries to pay when due any principal or interest on any Indebtedness (other than the Obligations) or (2) breach or default of Borrower or any of its Subsidiaries with respect to any Indebtedness (other than the Obligations); , if such failure to pay, breach or default entitles the holder to cause such Indebtedness having an individual principal amount in excess of $100,000 or having an aggregate principal amount in excess of $250,000 500,000 to become or be declared due prior to its stated maturity; or
Appears in 1 contract
Sources: Loan and Security Agreement (Thorn Apple Valley Inc)
Default in Other Agreements. (1) Failure of a Borrower or any of its Subsidiaries to pay when due any principal or interest on any Indebtedness (other than the Obligations) or (2) breach or default of a Borrower or any of its Subsidiaries with respect to any Indebtedness (other than the Obligations); if such failure to pay, breach or default entitles the holder to cause such Indebtedness having an individual principal amount in excess of $100,000 25,000 or having an aggregate principal amount in excess of $250,000 50,000 to become or be declared due prior to its stated maturity; or
Appears in 1 contract
Default in Other Agreements. (1) Failure of Borrower or any of its Subsidiaries to pay when due any principal or interest on any Indebtedness (other than the Obligations) or (2) breach or default of Borrower or any of its Subsidiaries with respect to any Indebtedness (other than the Obligations); if such failure to pay, breach or default entitles the holder to cause such Indebtedness having an individual principal amount in excess of $100,000 or having an aggregate principal amount in excess of $250,000 1,000,000 to become or be declared due prior to its stated maturity; or
Appears in 1 contract
Default in Other Agreements. (1) Failure of Borrower or any of its Subsidiaries to pay when due any principal or interest on any Indebtedness (other than the Obligations) or (2) breach or default of Borrower or any of its Subsidiaries with respect to any Indebtedness (other than the Obligations); if such failure to pay, breach or default entitles the holder to cause such Indebtedness having an individual principal amount in excess of $100,000 25,000 or having an aggregate principal amount in excess of $250,000 50,000 to become or be declared due prior to its stated maturity; or
Appears in 1 contract
Default in Other Agreements. (1) Failure of Borrower or any of its --------------------------- Subsidiaries to pay when due any principal or interest on any Indebtedness (other than the Obligations) or (2) breach or default of Borrower or any of its Subsidiaries with respect to any Indebtedness (other than the Obligations); if such failure to pay, breach or default entitles the holder to cause such Indebtedness having an individual principal amount in excess of $100,000 or having an aggregate principal amount in excess of $250,000 1,000,000 to become or be declared due prior to its stated maturity; or
Appears in 1 contract
Default in Other Agreements. (1) Failure of any Borrower or any of its Subsidiaries to pay when due any principal or interest on any Indebtedness (other than the Obligations) or (2) breach or default of any Borrower or any of its Subsidiaries with respect to any Indebtedness (other than the Obligations); , in each case, only if such failure to pay, breach or default entitles the holder to cause such Indebtedness having an individual principal amount in excess of $100,000 1,000,000 or having an aggregate principal amount in excess of $250,000 3,000,000 to become or be declared due prior to its stated maturity; or
Appears in 1 contract
Sources: Loan and Security Agreement (Sun Healthcare Group Inc)
Default in Other Agreements. (1) Failure failure of Borrower or any member of its Subsidiaries --------------------------- Parent Group to pay when due (or within any applicable grace period) any principal or interest on any Indebtedness (other than the Obligations) or (2) breach or default by any member of Borrower or any of its Subsidiaries Parent Group with respect to any Indebtedness Indebted-ness (other than the Obligations); if such failure to pay, breach or default entitles the holder to cause such Indebtedness having an individual principal amount in excess of $100,000 250,000 or having an aggregate principal amount in excess of $250,000 500,000 to become or be declared due prior to its stated maturity; or
Appears in 1 contract
Sources: Loan and Security Agreement (Gradall Industries Inc)
Default in Other Agreements. (1) Failure of Borrower or any of its Subsidiaries to pay when due (or within any applicable grace period) any principal or interest on any Indebtedness (other than the Obligations) or (2) breach or default of by Parent, Borrower or any of its Subsidiaries with respect to under any agreement evidencing any Indebtedness (other than the Obligations); if such failure , or pursuant to pay, breach or default entitles the holder to cause which such Indebtedness having an individual principal amount in excess of $100,000 was issued or having an aggregate principal amount in excess of $250,000 to become governed, and such default continues beyond any applicable grace or be declared due prior to its stated maturitycure period; or
Appears in 1 contract
Default in Other Agreements. (1) Failure of Borrower Borrowers or any of its their Subsidiaries to pay when due any principal or interest on any Indebtedness (other than the Obligations) or (2) breach or default of a Borrower or any of its Subsidiaries with respect to any Indebtedness (other than the Obligations); if such failure to pay, breach or default entitles the holder to cause such Indebtedness having an individual principal amount in excess of $100,000 25,000 or having an aggregate principal amount in excess of $250,000 50,000 to become or be declared due prior to its stated maturity; or
Appears in 1 contract
Sources: Loan and Security Agreement (Intensiva Healthcare Corp)
Default in Other Agreements. (1) Failure of Borrower or any of its Subsidiaries to pay when due any principal or interest on any Indebtedness (other than the Obligations) ), or (2) breach or default of Borrower or any of its Subsidiaries with respect to any Indebtedness (other than the Obligations); if such failure to pay, breach or default entitles the holder to cause such Indebtedness having an individual principal amount in excess of $100,000 or having an aggregate principal amount in excess of $250,000 to become or be declared due prior to its stated maturity; or
Appears in 1 contract
Sources: Loan and Security Agreement (Pizza Inn Holdings, Inc /Mo/)
Default in Other Agreements. (1) Failure of any Borrower or any of its Subsidiaries to pay when due any principal or interest on any Indebtedness (other than the Obligations) or (2) breach or default of any Borrower or any of its Subsidiaries with respect to any Indebtedness (other than the Obligations); , in each case, only if such failure to pay, breach or default entitles the holder to cause such Indebtedness having an individual principal amount in excess of $100,000 5,000,000 or having an aggregate principal amount in excess of $250,000 5,000,000 to become or be declared due prior to its stated maturity; or
Appears in 1 contract
Sources: Loan and Security Agreement (Sun Healthcare Group Inc)
Default in Other Agreements. (1i) Failure of any Borrower or any of its Subsidiaries to pay when due any principal or interest on any Indebtedness Debt (other than the ObligationsObligation) or (2ii) breach or default of any Borrower or any of its Subsidiaries with respect to any Indebtedness Debt (other than the ObligationsObligation); , in each case, only if such failure to pay, breach breach, or default entitles the holder to cause such Indebtedness Debt having an individual principal amount in excess of $100,000 1,000,000 or having an aggregate principal amount in excess of $250,000 3,000,000 to become or be declared due prior to its stated maturity; or
Appears in 1 contract
Sources: Term Loan and Note Purchase Agreement (Sun Healthcare Group Inc)