This excerpt taken from the STJ 8-K filed Jul 28, 2009.
Events of Default. Pursuant to Section 3.1 of the Base Indenture, the term "Event of Default" shall include, in addition to those otherwise set forth in Section 7.1 of the Base Indenture, the following for each series of Notes:
(a) the occurrence with respect to any Debt of the Company in an aggregate principal amount of $75,000,000 or more of (i) an event of default that results in such Debt becoming due and payable prior to its scheduled maturity (after giving effect to any applicable grace period) or (ii) the failure to make any payment when due (including any applicable grace period) which results in the acceleration of the maturity of such Debt, in each case without such acceleration having been rescinded, annulled or otherwise cured.
This excerpt taken from the STJ 8-K filed Apr 25, 2007.
Events of Default. Upon the occurrence of an Event of Default (as defined in the Indenture), the principal amount of the Debentures, plus accrued and unpaid interest, including additional amounts (as described below), if any, may be declared immediately due and payable, subject to certain conditions set forth in the Indenture. These amounts automatically become due and payable upon the occurrence of certain Events of Default involving bankruptcy, insolvency or reorganization of the Company. Events of Default under the Indenture include, among other things, (1) a default in the payment of principal of the Debentures when due at maturity, upon repurchase or otherwise; (2) a default in the payment of any interest, including additional amounts, if any, on the Debentures when due and such failure continues for a period of 30 days past the applicable due date; (3) failure by the Company to provide notice of the occurrence of a fundamental change as required by the Indenture; (4) a default in the Companys obligation to deliver the settlement amount upon conversion of the Debentures, together with cash in respect of any fractional shares, upon conversion of any Debentures and such default continues for a period of 5 days or more; (5) subject to certain exceptions, failure to perform or observe any other covenant or warranty in the Indenture or in the Debentures for 60 days after written notice to the Company from the Trustee or to the Company and the Trustee form the holders of at least 25% in principal amount of the outstanding Debentures has been received by the Company; and (6) certain events involving bankruptcy, insolvency or reorganization by the Company or one of its significant subsidiaries (as defined in Regulation S-X 1-02(w)(1) or (2)).