Additional Interest Under Certain Circumstances. The Company, the Purchasers and each Holder of Transfer Restricted Securities agree by acquisition of such Securities that the Holders of Transfer Restricted Securities will suffer damages if a Registration Default (as defined below) occurs and that it would not be feasible to ascertain the extent of such damages with precision. Accordingly, the Company, the Purchasers and each Holder of Transfer Restricted Securities agree that the following additional interest provisions shall constitute liquidated damages in the event of a “Registration Default” (as defined below) and shall constitute the sole remedy of the Purchasers and each Holder of Transfer Restricted Securities for any Registration Defaults.
Appears in 4 contracts
Samples: Registration Rights Agreement (American Tower Corp /Ma/), Registration Rights Agreement (American Tower Corp /Ma/), Registration Rights Agreement (American Tower Corp /Ma/)
Additional Interest Under Certain Circumstances. The Company, the Purchasers and each Holder of Transfer Restricted Registrable Securities agree by acquisition of such Securities that the Holders of Transfer Restricted Registrable Securities will suffer damages if a Registration Default (as defined below) occurs and that it would not be feasible to ascertain the extent of such damages with precision. Accordingly, the Company, the Purchasers and each Holder of Transfer Restricted Registrable Securities agree that the following additional interest provisions shall constitute liquidated damages in the event of a “Registration Default” (as defined below) and shall constitute the sole remedy of the Purchasers and each Holder of Transfer Restricted Registrable Securities for any Registration Defaults.
Appears in 2 contracts
Samples: Registration Rights Agreement (American Tower Corp /Ma/), Registration Rights Agreement (American Tower Corp /Ma/)
Additional Interest Under Certain Circumstances. The Company, the Guarantors, the Purchasers and each Holder of Transfer Restricted Securities agree by acquisition of such Securities that the Holders of Transfer Restricted Securities will suffer damages if a Registration Default (as defined below) occurs and that it would not be feasible to ascertain the extent of such damages with precision. Accordingly, the Company, the Guarantors, the Purchasers and each Holder of Transfer Restricted Securities agree that the following additional interest provisions shall constitute liquidated damages in the event of a “Registration Default” (as defined below) and shall constitute the sole remedy of the Purchasers and each Holder of Transfer Restricted Securities for any Registration Defaults.
Appears in 1 contract
Samples: Registration Rights Agreement (American Tower Corp /Ma/)