Common use of Right to Terminate IPO Registration Clause in Contracts

Right to Terminate IPO Registration. USWS shall have the right to terminate or withdraw the IPO Registration Statement initiated by it and referred to in this Section 2.13(b) prior to the effectiveness of such Registration whether or not any Holder has elected to include Registrable Securities in such Registration; provided, however, USWS must provide each Holder that elected to include any Registrable Securities in such IPO Registration Statement prompt written notice of such termination or withdrawal. Furthermore, in the event the IPO Registration Statement is not declared effective within one hundred twenty (120) days following the initial filing of the IPO Registration Statement, unless a road show for the Underwritten Offering pursuant to the IPO Registration Statement is actually in progress at such time or such IPO Registration Statement has been terminated or withdrawn pursuant to this Section 2.13(b), USWS shall promptly provide a new written notice to all Holders giving them another opportunity to elect to include Registrable Securities in the pending IPO Registration Statement. Each Holder receiving such notice shall have the same election rights afforded such Holder as described above in this Section 2.13.

Right to Terminate IPO Registration. USWS The Company shall have the right to terminate or withdraw the IPO Registration Statement initiated by it and referred to in this Section 2.13(b2(b) prior to the effectiveness of such Registration registration whether or not any Holder has elected to include Class A Registrable Securities Shares in such Registrationregistration; provided, however, USWS the Company must provide each Holder that elected to include any Class A Registrable Securities Shares in such IPO Registration Statement prompt written notice of such termination or withdrawal. Furthermore, in the event the IPO Registration Statement is not declared effective within one hundred twenty (120) days following the initial filing or confidential submission of the IPO Registration Statement, unless a road show for the Underwritten Offering pursuant to the IPO Registration Statement is actually in progress at such time or such IPO Registration Statement has been terminated or withdrawn pursuant to this Section 2.13(b2(b)(i), USWS the Company shall promptly provide a new written notice to all Holders giving them another opportunity to elect to include Class A Registrable Securities Shares in the pending IPO Registration Statement. Each Holder receiving such notice shall have the same election rights afforded such Holder as described above in this Section 2.13.the

Right to Terminate IPO Registration. USWS The Company shall have the right to terminate or withdraw the IPO Registration Statement initiated by it and referred to in this Section 2.13(b2(b) prior to the effectiveness of such Registration registration whether or not any Holder has elected to include Registrable Securities Shares in such Registrationregistration; provided, however, USWS the Company must provide each Holder that elected to include any Registrable Securities Shares in such IPO Registration Statement prompt written notice of such termination or withdrawal. Furthermore, in the event the IPO Registration Statement is not declared effective within one hundred twenty (120) days following the initial filing or confidential submission of the IPO Registration Statement, unless a road show for the Underwritten Offering pursuant to the IPO Registration Statement is actually in progress at such time or such IPO Registration Statement has been terminated or withdrawn pursuant to this Section 2.13(b2(b)(i), USWS the Company shall promptly provide a new written notice to all Holders giving them another opportunity to elect to include Registrable Securities Shares in the pending IPO Registration Statement. Each Holder receiving such notice shall have the same election rights afforded such Holder as described above in this Section 2.13clause (b).