Common use of Contributions by the Underwriters Clause in Contracts

Contributions by the Underwriters. (a) On the Closing Date and pursuant to the Underwriting Agreement, each Underwriter shall contribute to the Partnership cash in an amount equal to the Issue Price per Initial Common Unit multiplied by the number of Common Units specified in the Underwriting Agreement to be purchased by such Underwriter at the Closing Date. In exchange for such Capital Contributions by the Underwriters, the Partnership shall issue Common Units to each Underwriter on whose behalf such Capital Contribution is made in an amount equal to the quotient obtained by dividing (i) the cash contribution to the Partnership by or on behalf of such Underwriter by (ii) the Issue Price per Initial Common Unit.

Appears in 9 contracts

Samples: Energy Transfer LP, www.sec.gov, Agreement (Hiland Holdings GP, LP)

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Contributions by the Underwriters. (a) On the Closing Date and pursuant to the Underwriting Agreement, each Underwriter shall was required to contribute to the Partnership cash in an amount equal to the Issue Price per Initial Common Unit Unit, multiplied by the number of Common Units specified in the Underwriting Agreement to be purchased by such Underwriter at the Closing Date. In exchange for such Capital Contributions by the Underwriters, the Partnership shall issue issued Common Units to each Underwriter on whose behalf such Capital Contribution is was made in an amount equal to the quotient obtained by dividing (i) the cash contribution to the Partnership by or on behalf of such Underwriter by (ii) the Issue Price per Initial Common Unit.

Appears in 8 contracts

Samples: Enterprise Products Partners L.P., Defined Terms (Enterprise Products Partners L P), Limited Liability Company Agreement (Enterprise GP Holdings L.P.)

Contributions by the Underwriters. (a) On the Closing Date and pursuant to the Underwriting Agreement, each Underwriter shall contribute contributed to the Partnership cash in an amount equal to the Issue Price per Initial Common Unit multiplied by the number of Common Units specified in the Underwriting Agreement to be purchased by such Underwriter at the Closing Date. In exchange for such Capital Contributions by the Underwriters, the Partnership shall issue Common Units to each Underwriter on whose behalf such Capital Contribution is made in an amount equal to the quotient obtained by dividing (i) the cash contribution to the Partnership by or on behalf of such Underwriter by (ii) the Issue Price per Initial Common Unit.

Appears in 2 contracts

Samples: Energy Transfer LP, Energy Transfer LP

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Contributions by the Underwriters. (a) On the Closing Date and pursuant to the Underwriting Agreement, each Underwriter shall contribute to the Partnership cash in an amount equal to the Issue Price per Initial Common Unit Class A Share multiplied by the number of Common Units Class A Shares specified in the Underwriting Agreement to be purchased by such Underwriter at the Closing Date. In exchange for such Capital Contributions by the Underwriters, the Partnership shall issue Common Units Class A Shares to each Underwriter on whose behalf such Capital Contribution is made in an amount equal to the quotient obtained by dividing (i) the cash contribution to the Partnership by or on behalf of such Underwriter by (ii) the Issue Price per Initial Common Unit.dividing

Appears in 1 contract

Samples: www.lw.com

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