Common use of Increase in Capital Account of the General Partner Clause in Contracts

Increase in Capital Account of the General Partner. The Parties acknowledge that the capital account of the General Partner has been increased by an amount equal to the amount of the Additional GP Interest.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Williams Partners L.P.), Contribution, Conveyance and Assumption Agreement (Williams Partners L.P.), Purchase and Sale Agreement (Williams Partners L.P.)

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Increase in Capital Account of the General Partner. The Parties acknowledge that the capital account of the General Partner has been increased by an amount equal to the amount Additional GP Interest in consideration for a contribution to the Partnership on behalf of the General Partner of a portion of the Subject Interest corresponding to the Additional GP InterestUnits.

Appears in 4 contracts

Samples: Contribution Agreement, Contribution Agreement (SemGroup Corp), Contribution Agreement (Rose Rock Midstream, L.P.)

Increase in Capital Account of the General Partner. The Parties acknowledge that the capital account of the General Partner has been increased by an amount equal to the amount of the Additional GP InterestInterest in consideration for a contribution to the Partnership on behalf of the General Partner of a portion of the Contributed Interest corresponding to the Additional General Partner Units.

Appears in 2 contracts

Samples: Contribution Agreement, Contribution Agreement (Williams Partners L.P.)

Increase in Capital Account of the General Partner. The Parties acknowledge that the capital account of the General Partner has been increased by an amount equal to the amount of the Additional GP InterestInterest in consideration for a contribution to the Partnership on behalf of the General Partner of a portion of the Contributed Interests corresponding to the number of General Partner Units described in Section 2.4.

Appears in 2 contracts

Samples: Conveyance, Contribution and Assumption Agreement (Williams Partners L.P.), Contribution Agreement (Williams Partners L.P.)

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Increase in Capital Account of the General Partner. The Parties acknowledge that the capital account of the General Partner has been increased by an amount equal to the amount of the Additional GP InterestInterest in consideration for a contribution on behalf of the General Partner of a portion of the Contributed Interest corresponding to the Additional General Partner Units.

Appears in 1 contract

Samples: Personnel Services and Allocation Agreement (Williams Partners L.P.)

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