Common use of Waiver of Liquidated Damages Clause in Contracts

Waiver of Liquidated Damages. If the Partnership is unable to cause a Shelf Registration Statement to go effective within 270 after Closing, then the Partnership may request a waiver of the Liquidated Damages, and each Holder may individually grant or withhold its consent to such request in its reasonable discretion.

Appears in 2 contracts

Samples: Registration Rights Agreement (Universal Compression Partners, L.P.), Common Unit Purchase Agreement (Universal Compression Partners, L.P.)

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Waiver of Liquidated Damages. If the Partnership is unable to cause a Shelf Registration Statement to go effective within 270 after Closingthe 180 days as a result of an acquisition, merger, reorganization, disposition or other similar transaction, then the Partnership may request a waiver of the Liquidated Damages, and each Holder may individually grant or withhold its consent to such request in its reasonable discretion.

Appears in 2 contracts

Samples: Registration Rights Agreement (DCP Midstream Partners, LP), Common Unit Purchase Agreement (DCP Midstream Partners, LP)

Waiver of Liquidated Damages. If the Partnership is unable to cause a Shelf Registration Statement to go effective within 270 after Closingthe 180 days as a result of an acquisition, merger, reorganization, disposition or other similar transaction, then the Partnership may request a waiver of the Liquidated Damages, and each Holder may individually grant or withhold its consent to such request in its reasonable discretion.

Appears in 1 contract

Samples: Registration Rights Agreement (Global Partners Lp)

Waiver of Liquidated Damages. If the Partnership is unable to cause a Shelf Registration Statement to go effective within 270 after Closingthe 210 days as a result of an acquisition, merger, reorganization, disposition or other similar transaction, then the Partnership may request a waiver of the Liquidated Damages, and each Holder may individually grant or withhold its consent to such request in its reasonable discretion.

Appears in 1 contract

Samples: Registration Rights Agreement (DCP Midstream Partners, LP)

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Waiver of Liquidated Damages. If the Partnership is unable to cause a Shelf Registration Statement to go effective within 270 after Closingthe 90 days as a result of an acquisition, merger, reorganization, disposition or other similar transaction, then the Partnership may request a waiver of the Liquidated Damages, and each Holder may individually grant or withhold its consent to such request in its reasonable discretion. A Purchaser’s rights (and any transferee’s rights pursuant to Section 2.10) under this Section 2.01 shall terminate upon the termination of the Effectiveness Period.

Appears in 1 contract

Samples: Registration Rights Agreement (Williams Partners L.P.)

Waiver of Liquidated Damages. If the Partnership is unable to cause a Shelf Registration Statement to go effective within 270 after Closingthe 180 days as a result of an acquisition, merger, reorganization, disposition or other similar transaction, then the Partnership may request a waiver of the Liquidated Damages, and each Holder may individually grant or withhold its consent to such request in its reasonable discretion. A Purchaser’s rights (and any transferee’s rights pursuant to Section 2.10) under this Section 2.01 shall terminate upon the termination of the Effectiveness Period.

Appears in 1 contract

Samples: Registration Rights Agreement (Magellan Midstream Holdings Lp)

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