Common use of Financial Market Out Clause in Contracts

Financial Market Out. if there is a suspension or material limitation in trading in securities generally on any of the Exchanges, a suspension or material limitation in trading in BIP’s securities on any of the Exchanges or a general moratorium on commercial banking activities declared by either Canadian, U.S. Federal or New York State authorities or a material disruption in commercial banking or securities settlement or clearance services in Canada or the United States which, in each such instance, the effect is such as to make it, in the judgment of such Underwriter, acting reasonably, impracticable or inadvisable to proceed with the offer, sale or delivery of the Units on the Closing Date or the Over-Allotment Closing Date, as the case may be, on the terms and in the manner contemplated by this Agreement, the Disclosure Package, the U.S. Prospectus and the Supplemented Canadian Prospectus.

Financial Market Out. if there is a suspension or material limitation in trading in securities generally on any of the ExchangesNYSE, a suspension or material limitation in trading in BIP’s securities on any of the Exchanges or a general moratorium on commercial banking activities declared by either Canadian, U.S. Federal or New York State authorities or a material disruption in commercial banking or securities settlement or clearance services in Canada or the United States which, in each such instance, the effect is such as to make it, in the judgment of such Underwriter, acting reasonably, impracticable or inadvisable to proceed with the offer, sale or delivery of the Units on the Closing Date or the Over-Allotment Closing Date, as the case may be, on the terms and in the manner contemplated by this Agreement, the Disclosure Package, the U.S. Prospectus Package and the Supplemented Canadian Prospectus.

Financial Market Out. if If there is a suspension or material limitation in trading in securities generally on any of the Exchanges, a suspension or material limitation in trading in BIPthe Company’s securities on any of the Exchanges NYSE or the TSX or a general moratorium on commercial banking activities declared by either Canadian, U.S. Federal or New York State authorities or a material disruption in commercial banking or securities settlement or clearance services in Canada or the United States which, in each such instance, the effect is such as to make it, in the judgment of such Underwriter, acting reasonably, impracticable or inadvisable to proceed with the offer, sale or delivery of the Units Securities on the Closing Date or the Over-Allotment Additional Closing Date, as the case may be, on the terms and in the manner contemplated by this Agreement, the Disclosure Package, the U.S. Final Prospectus, the Canadian Preliminary Prospectus and the Supplemented Canadian Final Prospectus.

Financial Market Out. if If there is a suspension or material limitation in trading in securities generally on any of the Exchanges, a suspension or material limitation in trading in BIP’s securities on any of the Exchanges or a general moratorium on commercial banking activities declared by either Canadian, U.S. Federal or New York State authorities or a material disruption in commercial banking or securities settlement or clearance services in Canada or the United States which, in each such instance, the effect is such as to make it, in the judgment of such Underwriter, acting reasonably, impracticable or inadvisable to proceed with the offer, sale or delivery of the Units on the Closing Date or the Additional Units on the Over-Allotment Closing Date, as the case may be, on the terms and in the manner contemplated by this Agreement, the Disclosure Package, the U.S. Prospectus and the Supplemented Canadian Prospectus.

Financial Market Out. if there is a suspension or material limitation in trading in securities generally on any of the Exchanges, a suspension or material limitation in trading in BIPthe Company’s securities on any of the Exchanges NYSE or the TSX or a general moratorium on commercial banking activities declared by either Canadian, U.S. Federal or New York State authorities or a material disruption in commercial banking or securities settlement or clearance services in Canada or the United States which, in each such instance, the effect is such as to make it, in the judgment of such Underwriter, acting reasonably, impracticable or inadvisable to proceed with the offer, sale or delivery of the Units Securities on the Closing Date or the Over-Allotment Additional Closing Date, as the case may be, on the terms and in the manner contemplated by this Agreement, the Disclosure Package, the the U.S. Final Prospectus, the Canadian Preliminary Prospectus and the Supplemented Canadian Final Prospectus.

Financial Market Out. if there is a suspension or material limitation in trading in securities generally on any of the Exchanges, a suspension or material limitation in trading in BIPBBU’s securities on any of the Exchanges or a general moratorium on commercial banking activities declared by either Canadian, U.S. Federal or New York State authorities or a material disruption in commercial banking or securities settlement or clearance services in Canada or the United States which, in each such instance, the effect is such as to make it, in the judgment of such Underwriter, acting reasonably, impracticable or inadvisable to proceed with the offer, sale or delivery of the Units on the Closing Date or the Over-Allotment Closing Date, as the case may be, on the terms and in the manner contemplated by this Agreement, the Disclosure Package, the U.S. Prospectus and the Supplemented Canadian Prospectus.