Contributions by Limited Partners. (a) On the Closing Date, pursuant to and as described in the Contribution Agreement, CONSOL contributed to the Partnership, as a Capital Contribution, the 98% OpCo Interest (as defined in the Contribution Agreement), in exchange for (i) 861,067 Common Units, (ii) 11,611,067 Subordinated Units and (iii) the right to receive cash distributions from the Partnership as set forth in the Contribution Agreement. (b) On the Closing Date and pursuant to the IPO 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 IPO Underwriting Agreement. (c) The Partnership issued to CONSOL at the expiration of the Over-Allotment Option period for no additional consideration additional Common Units (the “Deferred Issuance”), all as set forth in the IPO Underwriting Agreement and the Contribution Agreement. (d) On the Closing Date and pursuant to the Private Placement Purchase Agreement, each Greenlight Capital Fund contributed cash to the Partnership in exchange for the issuance by the Partnership of Common Units to each Greenlight Capital Fund, all as set forth in the Private Placement Purchase Agreement. (e) Except for the Capital Contributions made or to be made pursuant to Section 5.3(a) through Section 5.3(d) and for Capital Contributions required to be made by or on behalf of a Person acquiring Partnership Interests or Derivative Partnership Interests in connection with future issuances in accordance with Section 5.6, no Limited Partner will be required to make any additional Capital Contribution to the Partnership pursuant to this Agreement.
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Samples: Limited Partnership Agreement (CNX Coal Resources LP), Limited Partnership Agreement
Contributions by Limited Partners. (a) On the Closing Date, pursuant to and as described in the Contribution Agreement, CONSOL CONE Gathering contributed to the Partnership, as a Capital Contribution, the [98% OpCo Interest Interest] (as defined in the Contribution Agreement), ) in exchange for (i) 861,067 [ ] Common Units, (ii) 11,611,067 [ ] Subordinated Units and (iii) the right to receive cash distributions from the Partnership as set forth in the Contribution AgreementDeferred Issuance, if any.
(b) On the Closing Date and pursuant to the IPO 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 IPO Underwriting Agreement.
(c) The Upon each exercise, if any, of the Over-Allotment Option, each IPO Underwriter shall contribute cash to the Partnership on the applicable Option Closing Date in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the IPO Underwriting Agreement. Any Common Units subject to the Over-Allotment Option that are not purchased by the IPO Underwriters pursuant to the Over-Allotment Option, if any (the “Deferred Issuance”), will be issued to CONSOL CONE Gathering at the expiration of the Over-Allotment Option period for no additional consideration additional Common Units (the “Deferred Issuance”)consideration, all as set forth in the IPO Underwriting Agreement and the Contribution Agreement.
(d) On the Closing Date and pursuant to the Private Placement Purchase Agreement, each Greenlight Capital Fund contributed cash to the Partnership in exchange for the issuance by the Partnership of Common Units to each Greenlight Capital Fund, all as set forth in the Private Placement Purchase Agreement.
(e) Except for the Capital Contributions made or to be made pursuant to Section 5.3(a) through Section 5.3(d5.3(c) and for Capital Contributions required to be made by or on behalf of a Person acquiring Partnership Interests or Derivative Partnership Interests in connection with future issuances in accordance with Section 5.6, 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 (CONE Midstream Partners LP)
Contributions by Limited Partners. (a) On the Closing Date, pursuant to and as described in the Contribution Agreement, CONSOL contributed is contributing to the Partnership, as a Capital Contribution, the 98% OpCo Interest (as defined in the Contribution Agreement), in exchange for (i) 861,067 Common Units, (ii) 11,611,067 Subordinated Units and (iii) the right to receive cash distributions from the Partnership as set forth in the Contribution Agreement.
(b) On the Closing Date and pursuant to the IPO Underwriting Agreement, each IPO Underwriter contributed is contributing 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 IPO Underwriting Agreement.
(c) The Upon each exercise, if any, of the Over-Allotment Option, each IPO Underwriter shall contribute cash to the Partnership on the applicable Option Closing Date in exchange for the issuance by the Partnership of Common Units to each IPO Underwriter, all as set forth in the IPO Underwriting Agreement. Any Common Units subject to the Over-Allotment Option that are not purchased by the IPO Underwriters pursuant to the Over-Allotment Option, if any (the “Deferred Issuance”), will be issued to CONSOL at the expiration of the Over-Allotment Option period for no additional consideration additional Common Units (the “Deferred Issuance”)consideration, all as set forth in the IPO Underwriting Agreement and the Contribution Agreement.
(d) On the Closing Date and pursuant to the Private Placement Purchase Agreement, each Greenlight Capital Fund contributed is contributing cash to the Partnership in exchange for the issuance by the Partnership of Common Units to each Greenlight Capital Fund, all as set forth in the Private Placement Purchase Agreement.
(e) Except for the Capital Contributions made or to be made pursuant to Section 5.3(a) through Section 5.3(d) and for Capital Contributions required to be made by or on behalf of a Person acquiring Partnership Interests or Derivative Partnership Interests in connection with future issuances in accordance with Section 5.6, 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 (CNX Coal Resources LP)
Contributions by Limited Partners. (a) On the Closing Date, pursuant to and as described in the Contribution Agreement, CONSOL CNX Resources contributed to the Partnership, as a Capital Contribution, the 98% OpCo Interest (as defined in the Contribution Agreement), in exchange for (i) 861,067 Common Units, (ii) 11,611,067 Subordinated Units and (iii) the right to receive cash distributions from the Partnership as set forth in the Contribution Agreement.
(b) On the Closing Date and pursuant to the IPO 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 IPO Underwriting Agreement.
(c) The Partnership issued to CONSOL CNX Resources at the expiration of the Over-Allotment Option period for no additional consideration additional Common Units (the “Deferred Issuance”), all as set forth in the IPO Underwriting Agreement and the Contribution Agreement.
(d) On the Closing Date and pursuant to the Private Placement Purchase Agreement, each Greenlight Capital Fund contributed cash to the Partnership in exchange for the issuance by the Partnership of Common Units to each Greenlight Capital Fund, all as set forth in the Private Placement Purchase Agreement.
(e) Except for the Capital Contributions made or to be made pursuant to Section 5.3(a) through Section 5.3(d) and for Capital Contributions required to be made by or on behalf of a Person acquiring Partnership Interests or Derivative Partnership Interests in connection with future issuances in accordance with Section 5.6, 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 (CONSOL Coal Resources LP)