Events of default
(a) If we or any guarantor fails to pay to the Bank (i) on demand any moneys on overdraft account or (ii) on due date any moneys payable as mentioned in the Facility Letter or under any agreement or arrangement with the Bank;
(b) If we or any guarantor fails to pay on the due date any moneys payable by us and/or any guarantor under any agreement or arrangement with any creditor;
(j) If we or any guarantor commit or threaten to commit a breach of any of the covenants, undertaking, stipulations, terms, conditions or provisions contained herein or in any security on our/its part to be observed and performed and fails to remedy it within seven (7) days after notice form the Bank;
Event of default
(xii) any of your indebtedness in connection with the final judgement of any relevant court against you which is more than 350 million Baht become due and is not paid within its due;
Events of default
(v) any of the Borrower’s indebtedness or, where applicable, any indebtedness of any Security Party in respect of borrowed money exceeding in an aggregate amount of THB 300,000,000.- (Thai Baht Three Hundred Million only) or the equivalent amount in any other currency as determined by us is or is declared to be or is capable of being rendered due and payable before its stated maturity or is not paid when due, or