Securityholder Litigation. The Partnership and the General Partner shall give Parent prompt notice and the opportunity to participate in the defense or settlement of any securityholder litigation against the Partnership and the General Partner and/or their directors (as applicable) relating to the transactions contemplated by this Agreement and no such settlement shall be agreed to without the prior written consent of Parent, which consent shall not be unreasonably withheld, conditioned or delayed.
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Samples: Agreement and Plan of Merger (Holly Energy Partners Lp), Agreement and Plan of Merger (HF Sinclair Corp), Agreement and Plan of Merger (Shell Midstream Partners, L.P.)
Securityholder Litigation. The Partnership and the General Partner shall give Parent prompt notice and the opportunity to participate in lead the joint defense or settlement of any securityholder litigation against the Partnership and Partnership, the General Partner or their respective officers and/or their directors (as applicable) relating to the transactions contemplated by this Agreement Merger and the other Transactions, and no such settlement shall be agreed to without the prior written consent of Parent, which consent shall not be unreasonably withheld, conditioned or delayed.
Appears in 3 contracts
Samples: Agreement and Plan of Merger (GasLog Ltd.), Agreement and Plan of Merger (GasLog Ltd.), Agreement and Plan of Merger (GasLog Partners LP)
Securityholder Litigation. The Partnership and the General Partner Parties shall give Parent prompt notice and the opportunity to participate in the defense or settlement of any securityholder litigation demand, litigation, arbitration or similar action (including derivative claims) against the Partnership and the General Partner and/or Parties or their directors (as applicable) relating to the transactions contemplated by this Agreement and no such settlement shall be offered or agreed to without the prior written consent of Parent, which consent shall not be unreasonably withheld, conditioned or delayed.
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