Common use of Waiver of Preemptive Right Clause in Contracts

Waiver of Preemptive Right. Other than the obligation of MarkWest GP to make contributions to MarkWest as required by Section 5.2 of the Partnership Agreement, MarkWest GP hereby waives (for itself and on behalf of its Affiliates) its preemptive rights provided under Section 5.9 of the Partnership Agreement with respect to the issuances of Partnership Securities pursuant to this Agreement.

Appears in 4 contracts

Samples: Unit Purchase Agreement (Markwest Energy Partners L P), Unit Purchase Agreement (Markwest Energy Partners L P), Unit Purchase Agreement (Markwest Energy Partners L P)

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