Manager Default definition

Manager Default. The occurrence of any of the events or conditions set forth in Section 9.1 of the Management Agreement.
Manager Default has the meaning set forth in Section 8.2 of the Management Agreement.
Manager Default shall have the meaning ascribed to such term in Section 9.01 hereof.

Examples of Manager Default in a sentence

  • The Collateral Agent shall as promptly as practicable notify the Lenders, each Hedge Counterparty and the Administrative Agent of any Manager Default of which a Responsible Officer has actual knowledge.


More Definitions of Manager Default

Manager Default means a Manager Event of Default or any other circumstances which with the giving of notice, the passage of time or both would constitute a Manager Event of Default or otherwise entitle Owner to terminate this Agreement in its entirety pursuant to the terms hereof.
Manager Default shall have the meaning set forth in Section 11.1 hereof.
Manager Default means the occurrence of (a) any default by Manager to perform its duties or obligations under the Existing Management Agreement or (b) any failure by Manager to timely deliver any Manager Report.
Manager Default has the same meaning as in the Note Trust Deed.
Manager Default. The occurrence of any of the events or conditions set forth in Section 9 of the Management Agreement, after the expiration of the applicable grace and cure periods.
Manager Default means a “Manager Default” as defined in the Management Agreement.
Manager Default. As defined in the Management Agreement.