Removal of Managing Member. (i) Any Tax Equity Holdco shall have been removed as the “managing member” of any applicable Tax Equity Opco. The receipt of any written notice, claim or threat of removal from the Tax Equity Class A Member shall be a “Default” for all purposes hereunder until rescinded in writing by such Tax Equity Class A Member and such event shall mature into an “
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Samples: Credit Agreement (Sunrun Inc.), Credit Agreement (Sunrun Inc.), Guaranty and Security Agreement (Sunrun Inc.)
Removal of Managing Member. (i) Any Tax Equity Holdco shall have been removed as the “managing member” of any applicable Tax Equity Opco. The receipt of any written notice, claim or threat of removal from the Tax Equity Class A Member shall be a “Default” for all purposes hereunder until rescinded in writing by such Tax Equity Class A Member 134 [***] Confidential treatment has been requested for the bracketed portions. The confidential redacted portion has been omitted and such event shall mature into an “filed separately with the Securities and Exchange Commission.
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