Contributions by and Issuances to the General Partner and its Affiliates. (a) On the Closing Date, the General Partner shall retain the General Partner Interest in the Partnership, subject to all of the rights, privileges and duties of the General Partner under this Agreement. (b) Immediately prior to the Closing Date, the Limited Partner Interests held by the Exchange Right Holders were converted into 115,729,440 Class B Shares. (c) Except as set forth in Article XII, the General Partner shall not be obligated to make any additional Capital Contributions to the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Tallgrass Energy, LP), Limited Partnership Agreement (Tallgrass Energy GP, LP)
Contributions by and Issuances to the General Partner and its Affiliates. (a) On the Closing Date, the General Partner shall retain the General Partner Interest in the Partnership, subject to all of the rights, privileges and duties of the General Partner under this Agreement.
(b) Immediately prior to the Closing Date, the Limited Partner Interests held by the Exchange Right Holders were converted into 115,729,440 Class B Shares.
(c) Except as set forth in Article XII, the General Partner shall not be obligated to make any additional Capital Contributions to the Partnership.
Appears in 2 contracts
Samples: Limited Partnership Agreement (Kelso GP VIII, LLC), Limited Partnership Agreement (Tallgrass Energy GP, LP)
