Template:Nutshell 2002 ISDA 5(a)(vi)

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5(a)(vi) Cross-Default. If "Cross-Default" applies to a party it will be an Event of Default if:

(1) any agreements it has with any person for Specified Indebtedness become capable of acceleration; or
(2) it defaults (after expiry of any grace period) on any payment of Specified Indebtedness to any person;
And the total of the agreement principal amounts in (1) and the payment amounts in (2) exceeds the Threshold Amount.
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