Defaults on Other Indebtedness. Neither New Borrower nor any Related Entities has materially defaulted under its or their obligations with respect to any other indebtedness.
Defaults on Other Indebtedness. Any breach of, or “event of default” or similar event under, any Contract governing any Material Indebtedness shall occur and the effect of which breach or “event of default” or similar event is to (x) cause such Material Indebtedness becoming due prior to its scheduled maturity or (y) enable or permit (with or without the giving of notice, the lapse of time or both) the holder or holders of such Material Indebtedness or any trustee or agent on its or their behalf to cause such Material Indebtedness to become due, or to require the prepayment, repurchase, redemption or defeasance thereof, prior to its scheduled maturity; provided that this Section 11.01(g) shall not apply to (x) secured Indebtedness that becomes due as a result of the voluntary sale or transfer of the property or assets securing such Material Indebtedness, (y) any conversion of any convertible Indebtedness or satisfaction of any condition giving rise to or permitting a conversion of any convertible Indebtedness; provided that the Borrower has the right to settle any such Indebtedness into Equity Interests of the Borrower (and nominal cash payments in respect of fractional shares and cash payments in respect of accrued and unpaid interest) in accordance with the terms or conditions thereof) and (z) with respect to any Material Indebtedness consisting of Hedging Agreements, termination events or equivalent events pursuant to the terms of such Hedging Agreements and not as a result of any default thereunder by any Obligor or any Subsidiary.
Defaults on Other Indebtedness. None of New Borrower Parties or any Related Entities has materially defaulted under its or their obligations with respect to any other indebtedness.
Defaults on Other Indebtedness. None of New Borrower Parties or any Related Entities has materially defaulted under its or their obligations with respect to any other indebtedness within the seven (7) years preceding the Effective Date. For purposes of this section 1.2(e), a material default is one that would have a material adverse effect on the ability of either New Borrower Party to perform its respective obligations under the Loan Documents.
Defaults on Other Indebtedness. Neither of New Borrower nor any Related Entities has materially defaulted under its or their obligations with respect to any other indebtedness, and, with respect to immaterial defaults by New Borrower or any Related Entities under its or their obligations with respect to any other indebtedness, such immaterial defaults have been cured prior to the date of this Agreement.
Defaults on Other Indebtedness. A default shall have occurred and be continuing under any instrument, contract or agreement evidencing, securing or providing for the issuance of indebtedness for borrowed money in excess of $500,000 of, or guaranteed by, any Borrower which default, in the judgment of CSFB, could materially and adversely affect the financial condition of the Borrower (which defaults include, but are not limited to, (i) an Event of Bankruptcy, (ii) failure of the Borrower to make required payments under such instrument, contract or agreement as they become due or (iii) the acceleration of the maturity of such indebtedness).
Defaults on Other Indebtedness. There presently exists no material default beyond any applicable notice and cure period with respect to any other indebtedness and the obligations of any of the New Borrower Parties thereunder.
Defaults on Other Indebtedness. If there shall occur any ------------------------------ default under any indenture, agreement or instrument evidencing or securing Indebtedness of Leasco in an aggregate principal amount of $1,000,000 or more as a result of which payment of such Indebtedness shall have become due prior to its stated maturity.
Defaults on Other Indebtedness. To Borrower’s knowledge, Borrower has not defaulted under its obligations with respect to any other indebtedness.
Defaults on Other Indebtedness. No Borrower Party has materially defaulted under its or their obligations with respect to any other indebtedness where such default could affect the collateral for the Loan or the ability of any Borrower Party to perform its obligations under the Loan Documents to which it is a party.
