Removal Right. Commencing July 1, 2016, the Sponsor shall have the right, pursuant to this Article III to remove a ROFO Asset from the list set forth on Annex A if the Sponsor sells or contributes a Non-ROFO Asset to the Operating Company which has a Forecasted Distributed Cash equal to or greater than the Forecasted Distributed Cash of the ROFO Asset to be removed.
Appears in 6 contracts
Samples: Right of First Offer Agreement, Right of First Offer Agreement (8point3 Energy Partners LP), Right of First Offer Agreement (8point3 Energy Partners LP)