Common use of Distribution of the Cash and Equity Consideration Clause in Contracts

Distribution of the Cash and Equity Consideration. The Parties acknowledge that the Partnership has distributed to the General Partner the Cash Consideration and the Equity Consideration. The Cash Consideration has been paid from the Equity Proceeds and the Debt Proceeds. The Cash Consideration is net of the amount of the Additional GP Interest that the General Partner would otherwise have contributed to the Partnership in order to maintain its percentage interest in the Partnership in connection with the issuance of additional Common Units in the Underwritten Public Offering and the Private Equity Placement. The General Partner hereby acknowledges receipt of the Cash Consideration and the Equity Consideration.

Distribution of the Cash and Equity Consideration. The Parties acknowledge that the Partnership has distributed paid to the General Partner Contributing Parties the Cash Consideration and has issued to the Contributing Parties the Equity Consideration. The Cash Consideration has been paid from the Equity Issuance Proceeds and the Debt Proceeds. The Cash Consideration is net of the amount of the Additional GP Interest that the General Partner would otherwise have contributed to the Partnership in order to maintain its percentage interest in the Partnership in connection with the issuance of additional Common Units in the Underwritten Public Offering and the Private Equity Placement. The General Partner Contributing Parties hereby acknowledges acknowledge receipt of the Cash Consideration and the Equity Consideration.