Common use of Contributions by Limited Partners Clause in Contracts

Contributions by Limited Partners. (a) On the Closing Date and pursuant to the Underwriting Agreement, each IPO Underwriter contributed cash to the Partnership in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (b) Upon the exercise, if any, of the Underwriters’ Option, each IPO Underwriter shall contribute cash to the Partnership on the Option Closing Date in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (c) No Limited Partner Interests will be issued or issuable as of or at the Closing Date other than (i) the Common Units and Subordinated Units issued pursuant to Section 5.2(a) (including Common Units issuable pursuant to the Deferred Issuance), (ii) the Common Units issued to the IPO Underwriters as described in subparagraphs (a) and (b) of this Section 5.3 and (iii) the Incentive Distribution Rights issued to the General Partner. (d) No Limited Partner will be required to make any additional Capital Contribution to the Partnership pursuant to this Agreement.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Valero Energy Partners Lp)

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Contributions by Limited Partners. (a) On the Closing Date and pursuant to the Underwriting Agreement, each IPO Underwriter contributed cash to the Partnership in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (b) Upon the exercise, if any, of the Underwriters’ Over-Allotment Option, each IPO Underwriter shall contribute cash to the Partnership on the Option Closing Date in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (c) No Limited Partner Interests will be issued or issuable as of or at the Closing Date other than (i) the Common Units and Subordinated Units issued to OCI Holdings, pursuant to subparagraph (a) of Section 5.2(a) (including Common Units issuable pursuant to the Deferred Issuance)5.2, (ii) the Common Units issued to the IPO Underwriters as described in subparagraphs (a) and (b) of this Section 5.3 and (iii) the Incentive Distribution Rights issued to the General Partner. (d) No Limited Partner will be required to make any additional Capital Contribution to the Partnership pursuant to this Agreement.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Agreement of Limited Partnership (OCI Resources LP)

Contributions by Limited Partners. (a) On the Closing Date and pursuant to the Underwriting Agreement, each IPO Underwriter contributed cash to the Partnership in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (b) Upon the exercise, if any, of the Underwriters’ Over-Allotment Option, each IPO Underwriter shall contribute cash to the Partnership on the Option Closing Date in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (c) No Limited Partner Interests will be issued or issuable as of or at the Closing Date other than (i) the Common Units and Subordinated Units issued to Tallgrass Operations pursuant to subparagraph (a) of Section 5.2(a) (including Common Units issuable pursuant to the Deferred Issuance)5.2, (ii) the Common Units issued to the IPO Underwriters as described in subparagraphs (a) and (b) of this Section 5.3 and (iii) the Incentive Distribution Rights issued to the General Partner. (d) No Limited Partner will be required to make any additional Capital Contribution to the Partnership pursuant to this Agreement.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Tallgrass Energy Partners, LP)

Contributions by Limited Partners. (a) On the Closing Date and pursuant to the Underwriting Agreement, each IPO Underwriter contributed cash to the Partnership in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (b) Upon the exercise, if any, of the Underwriters’ Option, each IPO Underwriter shall contribute cash to the Partnership on the Option Closing Date in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (c) No Limited Partner Interests will be issued or issuable as of or at the Closing Date other than (i) the Common Units and Subordinated Units issued pursuant to Section 5.2(a) (including Common Units issuable pursuant to the Deferred Issuance), (ii) the Common Units issued to the IPO Underwriters as described in subparagraphs (a) and (b) of this Section 5.3 and (iii) the Incentive Distribution Rights issued to the General Partner. (d) No Limited Partner will be required to make any additional Capital Contribution to the Partnership pursuant to this Agreement.

Appears in 2 contracts

Samples: Limited Partnership Agreement, Limited Partnership Agreement (Shell Midstream Partners, L.P.)

Contributions by Limited Partners. (a) On the Closing Date and pursuant to the Underwriting Agreement, each IPO Underwriter contributed cash to the Partnership in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (b) Upon the exercise, if any, of the Underwriters’ Option, each IPO Underwriter shall contribute cash to the Partnership on the Option Closing Date in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (c) No Limited Partner Interests will be issued or issuable as of or at the Closing Date other than (i) the Common Units and Subordinated Units issued pursuant to the contribution transactions described in Section 5.2(a) (including Common Units issuable pursuant to the Deferred Issuance), 5.1 and (ii) the Common Units issued to the IPO Underwriters as described in subparagraphs (a) and (b) of this Section 5.3 and (iii) the Incentive Distribution Rights issued to the General Partner5.2. (d) No Limited Partner will be required to make any additional Capital Contribution to the Partnership pursuant to this Agreement.

Appears in 2 contracts

Samples: Limited Partnership Agreement (Mach Natural Resources Lp), Agreement of Limited Partnership (Mach Natural Resources Lp)

Contributions by Limited Partners. (a) On the Closing Date and pursuant to the Underwriting Agreement, each IPO Underwriter contributed cash to the Partnership in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (b) Upon the exercise, if any, of the Underwriters’ Over-Allotment Option, each IPO Underwriter shall contribute cash to the Partnership on the Option Closing Date in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (c) No Limited Partner Interests will be issued or issuable as of or at the Closing Date other than (i) the Common Units and Subordinated Units issued to EQT Midstream Investments, pursuant to subparagraph (a) of Section 5.2(a) (including Common Units issuable pursuant to the Deferred Issuance)5.2, (ii) the Common Units issued to the IPO Underwriters as described in subparagraphs (a) and (b) of this Section 5.3 and (iii) the Incentive Distribution Rights issued to the General Partner. (d) No Limited Partner will be required to make any additional Capital Contribution to the Partnership pursuant to this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (EQT Midstream Partners, LP)

Contributions by Limited Partners. (a) On the Closing Date and pursuant to the Underwriting Agreement, each IPO Underwriter contributed cash to the Partnership in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (b) Upon the exercise, if any, exercise of the Underwriters’ Over-Allotment Option, each IPO Underwriter shall contribute contributed cash to the Partnership on the Option Closing Date in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (c) No Limited Partner Interests will be were issued or issuable as of or at the Closing Date other than (i) the Common Units and Subordinated Units issued to EQT Midstream Investments pursuant to subparagraph (a) of Section 5.2(a) (including Common Units issuable pursuant to the Deferred Issuance)5.2, (ii) the Common Units issued to the IPO Underwriters as described in subparagraphs (a) and (b) of this Section 5.3 and (iii) the Incentive Distribution Rights issued to the General Partner. (d) No Limited Partner will be required to make any additional Capital Contribution to the Partnership pursuant to this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (EQM Midstream Partners, LP)

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Contributions by Limited Partners. (a) On the Closing Date and pursuant to the Underwriting Agreement, each IPO Underwriter contributed cash to the Partnership in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (b) Upon the exercise, if any, of the Underwriters’ Option, each IPO Underwriter shall contribute cash to the Partnership on the Option Closing Date in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (c) No Limited Partner Interests will be issued or issuable as of or at the Closing Date other than (i) the Common Units and Subordinated Units issued to Holdings pursuant to Section 5.2(a) (including Common Units issuable pursuant to the Deferred Issuance), 5.1 and (ii) the Common Units issued to the IPO Underwriters as described in subparagraphs (a) and (b) of this Section 5.3 and (iii) the Incentive Distribution Rights issued to the General Partner5.2. (d) No Limited Partner will be required to make any additional Capital Contribution to the Partnership pursuant to this Agreement.

Appears in 1 contract

Samples: Agreement of Limited Partnership (TXO Energy Partners, L.P.)

Contributions by Limited Partners. (a) On the Closing Date and pursuant to the Underwriting Agreement, each IPO Underwriter contributed cash to the Partnership in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (b) Upon the exercise, if any, of the Underwriters’ Over-Allotment Option, each IPO Underwriter shall contribute cash to the Partnership on the Option Closing Date in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (c) No Limited Partner Interests will be issued or issuable as of or at the Closing Date other than (i) the Common Units and Subordinated Units issued to EQT Midstream Investments pursuant to subparagraph (a) of Section 5.2(a) (including Common Units issuable pursuant to the Deferred Issuance)5.2, (ii) the Common Units issued to the IPO Underwriters as described in subparagraphs (a) and (b) of this Section 5.3 and (iii) the Incentive Distribution Rights issued to the General Partner. (d) No Limited Partner will be required to make any additional Capital Contribution to the Partnership pursuant to this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (EQT Midstream Partners, LP)

Contributions by Limited Partners. (a) On the Closing Date and pursuant to the Underwriting Agreement, each IPO Underwriter contributed cash to the Partnership in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (b) Upon the exercise, if any, of the Underwriters’ Option, each IPO Underwriter shall contribute cash to the Partnership on the Option Closing Date in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (c) No Limited Partner Interests will be issued or issuable as of or at the Closing Date other than (i) the Common Units and Subordinated Units issued pursuant to Section 5.2(a) (including Common Units issuable pursuant to the Deferred IssuanceIssuance and Distribution), (ii) the Common Units issued to the IPO Underwriters as described in subparagraphs (a) and (b) of this Section 5.3 and (iii) the Incentive Distribution Rights issued to the General Partner. (d) No Limited Partner will be required to make any additional Capital Contribution to the Partnership pursuant to this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Shell Midstream Partners, L.P.)

Contributions by Limited Partners. (a) On the Closing Date and pursuant to the Underwriting Agreement, each IPO Underwriter contributed cash to the Partnership in exchange for the issuance by the Partnership of Class A Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (b) Upon the exercise, if any, of the Underwriters’ Option, each IPO Underwriter shall contribute cash to the Partnership on the Option Closing Date in exchange for the issuance by the Partnership of Class A Common Units to each IPO Underwriter, all as set forth in the Underwriting Agreement. (c) No Limited Partner Interests will be issued or issuable as of or at the Closing Date other than (i) the Common Units and Subordinated Units issued to the Existing Owners pursuant to Section 5.2(a) (including Common Units issuable pursuant to the Deferred Issuance), 5.1 and (ii) the Class A Common Units issued to the IPO Underwriters as described in subparagraphs (a) and (b) of this Section 5.3 and (iii) the Incentive Distribution Rights issued to the General Partner5.2. (d) No Limited Partner will be required to make any additional Capital Contribution to the Partnership pursuant to this Agreement.

Appears in 1 contract

Samples: Limited Partnership Agreement (Peak Resources LP)

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