Termination Clause Example from Business Contracts
This example Termination clause appears in 2 contracts from 1 company
Termination. The obligations of the Underwriters hereunder may be terminated by the Representatives by notice given to and received by the Partnership prior to delivery of and payment for the Firm Units if, prior to that time, any of the events described in Sections 7(j) or 7(k) shall have occurred or if the Underwriters shall decline to purchase the Units for any reason permitted under this Agreement.
Shell Midstream Partners, L.P. Contracts
SHELL MIDSTREAM PARTNERS, L.P. 40,000,000 Common Units Representing Limited Partner Interests UNDERWRITING AGREEMENT (Filed With SEC on October 30, 2014)
[Insert number of units] SHELLMIDSTREAM PARTNERS, L.P. Common Units Representing Limited Partner Interests UNDERWRITING AGREEMENT (Filed With SEC on October 8, 2014)