Common use of Removal of the Manager Clause in Contracts

Removal of the Manager. (A) Removal as a Result of Change in Ownership. In the event that ▇▇▇▇ is no longer entitled to serve as the Manager as provided by Section 5.07(b)(i) hereof, NHI shall have the right to remove ▇▇▇▇ as Manager by delivering written notice (the “Removal Notice”) to ▇▇▇▇ at any time within thirty (30) days after ▇▇▇▇ ceases to be entitled to serve as the Manager. The Removal Notice shall specify the effective date of removal of ▇▇▇▇ as Manager which effective date may not be earlier than ten (10) days after the date of the Removal Notice. Upon the effective date of removal of a Person as Manager pursuant to this Section 5.07(b)(iii)(A), such Person shall automatically be removed as the Manager, and in the event that NHI meets the requirements to serve as the Manager as provided in Section 5.07(b)(i), ▇▇▇▇ shall be replaced in that capacity by NHI. If NHI does not meet the requirements set forth above to serve as the Manager or declines to serve as the Manager, then the Manager shall be chosen by a majority vote of the Qualifying Members.