Contributions Pursuant to the Contribution Agreement. (a) Pursuant to the Contribution Agreement, Penn Octane Corporation contributed to the Partnership all of its right, title and interest in the Assets as a Capital Contribution.
Contributions Pursuant to the Contribution Agreement. (a) Contributions and conveyances (by merger and otherwise) of cash and assets (and specified liabilities) have been made to the Partnership, pursuant to the Contribution Agreement and as agreed to by the MLP, the General Partner and their affiliates.
Contributions Pursuant to the Contribution Agreement. (a) On the Initial Closing Date and pursuant to the Initial Contribution Agreement, the General Partner contributed all of its membership interest in the Operating Subsidiaries to the Partnership in exchange for (i) an additional General Partner Interest in the Partnership, (ii) a Limited Partner Interest in the Partnership and (iii) the right to receive $25.1 million in cash.
Contributions Pursuant to the Contribution Agreement. (a) On the Closing Date and pursuant to the Contribution Agreement:
Contributions Pursuant to the Contribution Agreement. (a) Pursuant to the Contribution Agreement, the General Partner contributed to the Partnership all of its interest in Sunoco Logistics Partners Operations GP LLC in exchange for a continuation of its General Partner Interest.
Contributions Pursuant to the Contribution Agreement. (a) On the Closing Date and pursuant to the Contribution Agreement, DSRMC will contribute a portion of its limited partner interests in the Partnership to the General Partner sufficient to result in the General Partner owning a 1.0101% interest in the Partnership and 1% interest in the MLP. Such transfers will be accomplished by DSRMC transferring as capital contributions (1) such limited partner interests in the Partnership to Shamrock GP as are necessary so that Shamrock GP will have a 0.1% interest in the General Partner and (2) such limited partner interests in the Partnership to UDS Logistics, LLC, a Delaware limited liability company ("UDS LOGISTICS") as are necessary so that UDS Logistics will have a 99.99% interest in the General Partner.
Contributions Pursuant to the Contribution Agreement. (a) Pursuant to the Contribution Agreement, Navajo shall contribute to the Partnership all of its right, title and interest in and to (i) its 100% membership interest in HEP Pipeline GP, L.L.C., (ii) its 99.999% limited partner interest in HEP Pipeline Assets, Limited Partnership, (iii) its 100% membership interest in HEP Pipeline, L.L.C., and (iv) its 99.999% limited partner interest in HEP Navajo Southern, L.P. as an additional contribution to the capital of the Partnership, 99.999% on behalf of Navajo and .001% on behalf of the General Partner;
Contributions Pursuant to the Contribution Agreement. On the Closing Date and pursuant to the Contribution Agreement, and following the consummation of the transactions set forth therein, the General Partner owns a 10% Partnership Interest in the Partnership as General Partner and the Operating Company owns a 90% Partnership Interest in the Partnership as a Limited Partner.
Contributions Pursuant to the Contribution Agreement. (a) Pursuant to the Contribution Agreement, Martin Resource Management Corporation and certain of its Affiliates cxxxxxxuted to the Partnership all of their direct interests in the Assets as pursuant to the Contribution Agreement in exchange for a collective 99.99% Limited Partner Interest and a 0.01% General Partner Interest.
Contributions Pursuant to the Contribution Agreement. On the Effective Date and pursuant to the Contribution Agreement, (a) Shamrock GP will transfer as a capital contribution such limited partner interests in the OLP to the Partnership as are necessary so that Shamrock GP will have a 0.1% interest in the Partnership and (b) UDS Logistics will transfer as a capital contribution such limited partner interests in the OLP to the Partnership as are necessary so that UDS Logistics will have a 99.9% interest in the Partnership.
