Insurance Manager Default definition
Insurance Manager Default has the meaning given to such term in Section 6.2 of the Insurance Agreement.
Insurance Manager Default has the meaning assigned thereto in the Insurance Agreement.
Insurance Manager Default. (as defined in the Insurance Agreement) shall have occurred and be continuing under the Insurance Agreement, and Lessee shall have failed to exercise its rights under the Insurance Agreement in respect of such Insurance Manager Default for a period of 30 days after receipt by Lessee of written notice from Lessor, the Owner Participant or the Indenture Trustee demanding that such action be taken; or