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 the Cash Consideration and issued the Unit Consideration to EPP LP. EPP LP hereby acknowledges receipt of the Cash Consideration and the Unit Consideration.

Appears in 2 contracts

Samples: Contribution, Conveyance and Assumption Agreement (El Paso Pipeline Partners, L.P.), Contribution Agreement (El Paso Pipeline Partners, L.P.)

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Distribution of the Cash and Equity Consideration. The Parties acknowledge that the Partnership has distributed the Cash Consideration and issued the Unit Equity Consideration to EPP LP. EPP LP hereby acknowledges receipt of the Cash Consideration and the Unit Equity Consideration.

Appears in 2 contracts

Samples: Contribution, Conveyance and Assumption Agreement (El Paso Pipeline Partners, L.P.), Contribution and Exchange Agreement (El Paso Pipeline Partners, L.P.)

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