Common use of Waiver of Liquidated Damages Clause in Contracts

Waiver of Liquidated Damages. If Atlas Pipeline Partners 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 Pipeline Partners may request a waiver of the Liquidated Damages, which may be granted or withheld by the consent of the Holders of two-thirds of Purchased Units, voting as a single class, in their sole discretion.

Appears in 2 contracts

Samples: Common Unit Purchase Agreement (Atlas Pipeline Holdings, L.P.), Registration Rights Agreement (Atlas Pipeline Partners Lp)

AutoNDA by SimpleDocs

Waiver of Liquidated Damages. If Atlas Pipeline Partners Holdings 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 Pipeline Partners Holdings may request a waiver of the Liquidated Damages, which may be granted or withheld by the consent of the Holders of two-thirds of Purchased Units, voting as a single class, in their sole discretion.

Appears in 2 contracts

Samples: Registration Rights Agreement (Atlas Pipeline Holdings, L.P.), Common Unit Purchase Agreement (Atlas Pipeline Holdings, L.P.)

AutoNDA by SimpleDocs

Waiver of Liquidated Damages. If Atlas Pipeline Partners 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 Pipeline Partners 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 Units, voting as a single class, in their sole discretion.

Appears in 1 contract

Samples: Registration Rights Agreement (Atlas Pipeline Partners Lp)

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