Usually includes to non-payment of principal and interest (subject to a 10-day grace period for payments of interest with a subsequent 30-day cure period, provided that, if cured, original terms  and conditions of remaining Notes outstanding shall revert to those existing at time of original issuance), violation of agreed covenants, incorrectness of reps and warranties, cross default and cross acceleration, bankruptcy, material judgments, invalidity of guarantees, and change in ownership. Relates to debt.

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