Collateral Manager Event of Default definition

Collateral Manager Event of Default means any of the following events:
Collateral Manager Event of Default means the occurrence of any of the events, acts or circumstances set forth in Section 6.02.
Collateral Manager Event of Default means each of the events defined as such in Condition 10(f) (Collateral Manager Events of Default).

Examples of Collateral Manager Event of Default in a sentence

  • The Administrative Agent may, in its discretion after the occurrence and during the continuation of a Collateral Manager Event of Default or an Event of Default, send notification forms giving the Obligors and/or agents on Agented Loans notice of the Collateral Agent’s interest in the Collateral and the obligation to make payments as directed by the Collateral Agent.

  • The Administrative Agent shall (subject to Section 11.4) take such action with respect to such Event of Default, Default or Collateral Manager Event of Default as may be requested by any Lender or as the Administrative Agent shall deem advisable or in the best interest of the Administrative Agent.

  • The Administrative Agent shall not be deemed to have knowledge or notice of the occurrence of an Event of Default, Default or Collateral Manager Event of Default, unless the Administrative Agent has received written notice from a Lender, the Borrower or the Collateral Manager, describing such Event of Default, Default or Collateral Manager Event and stating that such notice is a “Notice of Event of Default,” “Notice of Default” or “Notice of Collateral Manager Event of Default,” as applicable.


More Definitions of Collateral Manager Event of Default

Collateral Manager Event of Default. The occurrence of any one of the following:
Collateral Manager Event of Default wherever used herein, means any one of the following events (whatever the reason for such Collateral Manager Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body):
Collateral Manager Event of Default in Section 1.1 is hereby amended by deleting clause (f) thereof in its entirety and replacing it with the following:
Collateral Manager Event of Default means any one of the following events:
Collateral Manager Event of Default has the meaning assigned to that term in Section 6.11.

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