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Amwelladmin (talk | contribs) (Created page with "{{isdaprov|5(a)(vi)}} '''{{isdaprov|Cross Default}}'''. If "{{isdaprov|Cross-Default}}" applies it will be an {{isdaprov|Event of Default}} if: :(1) a party commits an even...") |
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{{ | {{92isdaprov|5(a)(vi)}} '''{{92isdaprov|Cross Default}}'''. If "{{92isdaprov|Cross-Default}}" applies it will be an {{92isdaprov|Event of Default}} if: | ||
:(1) a party commits an event of default* in a total amount greater than the {{ | :(1) a party commits an event of default* in a total amount greater than the {{92isdaprov|Threshold Amount}} under any {{92isdaprov|Specified Indebtedness}}; or | ||
:(2) it defaults (and any [[grace period]] expires) on any payment of {{ | :(2) it defaults (and any [[grace period]] expires) on any payment of {{92isdaprov|Specified Indebtedness}} in a total amount greater than the {{92isdaprov|Threshold Amount}}; |