Common use of Notice of Material Breach Clause in Contracts

Notice of Material Breach. The Managing Member shall promptly notify the Class B Member (but in no event more than within five Business Days of obtaining actual knowledge) of any (a) notice of default delivered by a party to a Material Contract to the Project Company, the Administrator or the Managing Member or (b) default by a party to a Material Contract (other than a Project Company, the Administrator or any Affiliate thereof) under such Material Contract, in the case of either (a) or (b), which default could reasonably be expected to cause material harm to the Company or any Project Company.

Notice of Material Breach. The Managing Member shall promptly notify the Class B Member (but in no event more than Members within five (5) Business Days of obtaining actual knowledge) knowledge of any (a) notice of default delivered by a party to a Material Contract to the a Project Company, the Administrator Manager or the Managing Member or (b) default by a party to a Material Contract (other than a Project Company, the Administrator Manager or any Affiliate thereof) under such Material Contract, in the case of either (a) or (b), which default could default, in the Managing Member’s determination, would be reasonably be expected likely to cause material harm to the Company or any Project Companyresult in a Material Adverse Effect.

Notice of Material Breach. The Managing Member shall promptly notify the Class B Member Members (but in no event more than within five 5 Business Days of obtaining actual knowledge) of any (a) notice of default delivered by a party to a Material Contract to the Project Company, the Administrator Company or the Managing Member or (b) default by a party to a Material Contract (other than a Project Company, the Administrator Company or any Affiliate thereofthereof ) under such Material Contract, in the case of either clause (a) or (b), which default could reasonably be expected to cause material harm to the Company or any Project Company.

Notice of Material Breach. The Managing Member shall promptly notify the Class B Member Members (but in no event more than within five 5 Business Days of obtaining actual knowledge) of any (a) notice of default delivered by a party to a Material Contract to the Project Company, the Administrator Company or the Managing Member or (b) default by a party to a Material Contract (other than a Project Company, the Administrator Company or any Affiliate thereofthereof (which, for the avoidance of doubt, shall exclude Bloom)) under such Material Contract, in the case of either (a) or (b), which default could reasonably be expected to cause material harm to the Company or any Project Company.