Common use of Waiver of Liquidated Damages Clause in Contracts

Waiver of Liquidated Damages. If Atlas Energy is unable to cause a Registration Statement to become effective by the Target Effective Date as a result of an acquisition, merger, reorganization, disposition or other similar transaction, then Atlas Energy may request a waiver of the Liquidated Damages, which may be granted or withheld by the consent of the Holders of two-thirds of the aggregate of the Purchased Class D Units and the Purchased Units, voting as a single class, in their sole discretion.

Appears in 5 contracts

Samples: Registration Rights Agreement (Atlas Resources Public #17-2007 (A) L.P.), Registration Rights Agreement (Atlas Resources Public #18-2008 (A) L.P.), Registration Rights Agreement (Atlas Energy Resources, LLC)

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