Common use of Responsibility of Transfer Agent for Purchase Provisions Clause in Contracts

Responsibility of Transfer Agent for Purchase Provisions. The Transfer Agent, in such capacity, shall not at any time be under any duty or responsibility to any holder of Listed Shares to determine whether any Mandatory Purchase Event has occurred, or with respect to the amount of the Purchase Price to be paid, or with respect to the method employed, or herein provided to be employed, in calculating the same. The Transfer Agent, in such capacity, shall not be responsible for any failure of the Purchaser to make or calculate any cash payment or for any failure of the Purchaser to comply with any of the Purchase Provisions.

Appears in 5 contracts

Samples: Limited Liability Company Agreement (Kinder Morgan Management LLC), Limited Liability Company Agreement (Kinder Morgan Energy Partners L P), Delegation of Control Agreement (Kinder Morgan Management LLC)

AutoNDA by SimpleDocs

Responsibility of Transfer Agent for Purchase Provisions. The Transfer Agent, in such capacity, shall not at any time be under any duty or responsibility to any holder of Listed Shares to determine whether any Mandatory Special Purchase Event has occurred, or with respect to the amount of the Purchase Price to be paid, or with respect to the method employed, or herein provided to be employed, in calculating the same. The Transfer Agent, in such capacity, shall not be responsible for any failure of the Purchaser to make or calculate any cash payment or for any failure of the Purchaser to comply with any of the Purchase Provisions.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Enbridge Energy Partners Lp)

AutoNDA by SimpleDocs

Responsibility of Transfer Agent for Purchase Provisions. The Transfer Agent, in such capacity, Agent shall not at any time be under any duty or responsibility to any holder of Listed Shares to determine whether any Mandatory Purchase Event has occurred, or with respect to the amount of the Purchase Price to be paid, or with respect to the method employed, or herein provided to be employed, in calculating the same. The Transfer Agent, in such capacity, shall not be responsible for any failure of the Purchaser to make or calculate any cash payment or for any failure of the Purchaser to comply with any of the Purchase Provisions.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Kinder Morgan Management LLC)

Time is Money Join Law Insider Premium to draft better contracts faster.