Cancellation of Class B Shares. The Parties acknowledge and agree that, following the purchase of the Repurchased Units by HESM OpCo, at the Closing, Xxxx Midstream shall cancel, for no consideration, a number of Class B Shares held by the General Partner equal to the aggregate number of Repurchased Units repurchased by HESM OpCo hereunder in accordance with Section 5.5(e) of the HESM Company Agreement.
Appears in 5 contracts
Samples: Unit Repurchase Agreement (Hess Midstream LP), Unit Repurchase Agreement (Hess Midstream LP), Unit Repurchase Agreement (Hess Midstream LP)
Cancellation of Class B Shares. The Parties acknowledge and agree that, following the purchase of the Repurchased Units by HESM OpCo, at the Closing, Xxxx Midstream shall cancel, for no consideration, a an aggregate number of Class B Shares held by the General Partner Partner, HINDL and/or GIP equal to the aggregate number of Repurchased Units repurchased by HESM OpCo hereunder in accordance with Section 5.5(e) of the HESM Company Agreement.
Appears in 4 contracts
Samples: Unit Repurchase Agreement (Hess Midstream LP), Unit Repurchase Agreement (Hess Midstream LP), Unit Repurchase Agreement (GIP II Blue Holding, L.P.)
