Cross default clause samples
b. Cross Default. Seller or any of its Subsidiaries shall be in default under (i)any Indebtedness, including, without limitation, the VFN Repurchase Agreements, in the aggregate, in excess of $[***], in each instance which default (1)involves the failure to pay a matured obligation, or (2)permits the acceleration of the maturity of obligations by any other party to or beneficiary with respect to such Indebtedness, or (ii)any other contract or contracts, in the aggregate in excess of $[***], in each instance to which Seller is a party which default (1)involves the failure to pay a matured obligation, or (2)permits the acceleration of the maturity of obligations by any other party to or beneficiary of such contract.
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