Default of Other Agreements Clause Samples

Default of Other Agreements. A default by tenant of any other agreement between tenant and City shall constitute of default of this lease. Notice of a default in another agreement shall be deemed notice of default under this lease.
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Default of Other Agreements. ‌ A default by Tenant of any other agreement between Tenant and MAC constitutes a default of this Lease. Notice of a default in another agreement is notice of default under this Lease.
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Default of Other Agreements. If any Joint Obligor or any of its subsidiaries default with, or incurs in an event of default with respect to any issuance deed, agreement or instrument related with any debt of such Joint Obligor or any of its subsidiaries (other that the debt incurred under this Agreement), and such default or event of default shall prove to have the early termination of such debt, or (ii) if any Joint Obligor or any of its subsidiaries shall fail to pay when due any principal, or interest or any other amount whatsoever payable by such Joint Obligors or any of its subsidiaries (other than the Allowed Debt incurred under this Agreement), involving an amount exceeding, jointly or separately, the amount of USD$5,000,000.00 (five million Dollars 00/100) or the equivalent thereof in any currency or (iii) that any Airbus Event of Default or allows any third party other than the Borrower and the Joint Obligors, to terminate or cancel the Original Purchase Agreement and the Step-In Agreement, or (v) that a Step-In Event exists (as defined in the Step-In Agreement).
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Default of Other Agreements. If the Borrower or any of its Subsidiaries no longer pays the principal at its maturity, of any Relevant Date and if said Default or cause of default in consequence leads to the early maturity of the principal of said Material Debt.
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Default of Other Agreements. A default by Lessee of any other agreement between Lessee and City shall constitute a default of this Lease. Notice of a default in another agreement shall be deemed notice of default under this Lease.
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Default of Other Agreements. Any default or event of default shall occur under the Abbott License and such default or event of default continues for thirty (30) days by Borrower or either Guarantor; or
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Default of Other Agreements. (i) If the Borrower or any of its Subsidiaries ceases to pay the principal, upon its expiration, of any Debt or breaches its obligation to guarantee and pay any Derivative in a transaction or series of transactions connected or not, and if such breach is in the amount greater than USD$50'000,000.00 (fifty million dollars US Cy) or its equivalent in any other currency applicable to the obligation, and in any case, such breach continues during fifteen (15) Business Days after concluding the remedy terms, which in such case were agreed in the corresponding instruments, agreements or documents, or (ii) if a breach, event of default, or any other event or circumstance occurs pursuant with any instrument or agreement in connection with any Debt or Derivative of the Borrower or its Subsidiaries, in both cases, in a transaction or series of operations connected or not, which default results in the maturity (automatic or as a result of the action of any Person) of the principal balance of such Debt or of the Termination Value of such Derivative always as the result of such breach exceeds the USD$ 50,000,000.00 (fifty million dollars US Cy) or its equivalent in any other currency applicable to the obligation and such breach continues during fifteen (15) Business Days after concluding the remedy terms, which in such case were agreed in the corresponding instruments, agreements or documents.
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Related to Default of Other Agreements

  • Default Under Other Agreements (a) The Borrower or any of the Restricted Subsidiaries shall (i) default in any payment with respect to any Indebtedness (other than the Obligations) in excess of $100,000,000 in the aggregate (provided that such $100,000,000 minimum shall not apply in the case of any Permitted Debt Exchange Notes), for the Borrower and such Restricted Subsidiaries, beyond the period of grace, if any, provided in the instrument or agreement under which such Indebtedness was created or (ii) default in the observance or performance of any agreement or condition relating to any such Indebtedness or contained in any instrument or agreement evidencing, securing or relating thereto, or any other event shall occur or condition exist (other than, with respect to Indebtedness consisting of any Hedge Agreements, termination events or equivalent events pursuant to the terms of such Hedge Agreements), the effect of which default or other event or condition is to cause, or to permit the holder or holders of such Indebtedness (or a trustee or agent on behalf of such holder or holders) to cause, any such Indebtedness to become due or to be repurchased, prepaid, defeased or redeemed (automatically or otherwise), or an offer to repurchase, prepay, defease or redeem such Indebtedness to be made, prior to its stated maturity; or (b) without limiting the provisions of clause (a) above, any such Indebtedness shall be declared to be due and payable, or required to be prepaid other than by a regularly scheduled required prepayment or as a mandatory prepayment (and, with respect to Indebtedness consisting of any Hedge Agreements, other than due to a termination event or equivalent event pursuant to the terms of such Hedge Agreements), prior to the stated maturity thereof; provided that this clause (b) shall not apply to secured Indebtedness that becomes due as a result of the voluntary sale or transfer of the property or assets securing such Indebtedness, if such sale or transfer is permitted hereunder and under the documents providing for such Indebtedness; or

  • Notice of Default or Event of Default promptly, and in any event within five days after a Responsible Officer becoming aware of the existence of any Default or Event of Default or that any Person has given any notice or taken any action with respect to a claimed default hereunder or that any Person has given any notice or taken any action with respect to a claimed default of the type referred to in Section 11(f), a written notice specifying the nature and period of existence thereof and what action the Company is taking or proposes to take with respect thereto;