Common use of Other Monetary Defaults Clause in Contracts

Other Monetary Defaults. Failure of Weeks Corporation or Borrower or ----------------------- any other Subsidiary to make any payment when due, including payments of principal or interest (whether by acceleration or otherwise), or before the expiration of any applicable cure period, on any obligation of Weeks Corporation, Borrower or any other Subsidiary (other than the Obligations, any Permitted Mortgage Debt, or any Obligations (as defined in the Syndicated Credit Agreement), or any Swing Obligations (as defined in the Swing Credit Agreement)), the aggregate amount of which obligation (whether or not then due) exceeds $1,000,000, or there shall occur any event or condition which results in the acceleration of the maturity of such obligation (including, without limitation, any required mandatory prepayment or "put" to Weeks Corporation, Borrower or any other Subsidiary) or enables (with any requirement for the giving of notice or lapse of time or both having been satisfied) the holders of such obligation or any Person acting on their behalf to accelerate the maturity thereof (including, without limitation, any such mandatory prepayment or "put");