Common use of Capital Contribution of EPP GP to the Partnership Clause in Contracts

Capital Contribution of EPP GP to the Partnership. The Parties acknowledge that EPP GP has contributed approximately $3 million in cash to the Partnership (representing an amount equal to 2/98ths of the aggregate capital contribution to the Partnership attributable to the Unit Consideration) in exchange for a proportionate number of General Partner Units in the Partnership and an increase in the capital account of EPP GP by the amount of such cash contribution.

Appears in 2 contracts

Samples: Contribution, Conveyance and Assumption Agreement (El Paso Pipeline Partners, L.P.), Contribution Agreement (El Paso Pipeline Partners, L.P.)

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Capital Contribution of EPP GP to the Partnership. The Parties acknowledge that EPP GP has contributed approximately $3 5,877,562 million in cash to the Partnership (representing an amount equal to 2/98ths of the aggregate capital contribution to the Partnership attributable to the Unit ConsiderationEquity Financing Transaction) in exchange for a proportionate number of General Partner Units in the Partnership and an increase in the capital account of EPP GP by the amount of such cash contribution.

Appears in 1 contract

Samples: And Assumption Agreement (El Paso Pipeline Partners, L.P.)

Capital Contribution of EPP GP to the Partnership. The Parties acknowledge that EPP GP has contributed approximately $3 million 881,626 in cash to the Partnership (representing an amount equal to 2/98ths of the aggregate capital contribution to the Partnership attributable to the Unit ConsiderationOverallotment Exercise) in exchange for a proportionate number of General Partner Units in the Partnership and an increase in the capital account of EPP GP by the amount of such cash contribution.

Appears in 1 contract

Samples: And Assumption Agreement (El Paso Pipeline Partners, L.P.)

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Capital Contribution of EPP GP to the Partnership. The Parties acknowledge that EPP GP has contributed approximately $3 [__] million in cash to the Partnership (representing an amount equal to 2/98ths of the aggregate capital contribution to the Partnership attributable to the Unit ConsiderationEquity Financing Transaction) in exchange for a proportionate number of General Partner Units in the Partnership and an increase in the capital account of EPP GP by the amount of such cash contribution.

Appears in 1 contract

Samples: Contribution Agreement (El Paso Pipeline Partners, L.P.)

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