Common use of Initial Units Clause in Contracts

Initial Units. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Partnership agrees to sell to the Underwriters, severally and not jointly, the Initial Units, and each Underwriter, severally and not jointly, agrees to purchase the respective number of Initial Units set forth opposite its name in Exhibit A hereto plus any additional number of Initial Units which such Underwriter may become obligated to purchase pursuant to the provisions of Section 10 hereof, subject to such adjustments among the Underwriters as the Representative in its sole discretion shall make to eliminate any sales or purchases of fractional Units, in each case at a price of $31.165750 per Common Unit (the “Purchase Price”).

Appears in 1 contract

Samples: Underwriting Agreement (NGL Energy Partners LP)

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Initial Units. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Partnership agrees to sell to the Underwriters, severally and not jointly, the Initial Unitseach Underwriter, and each Underwriter, severally and not jointly, agrees to purchase from the Partnership the respective number of Initial Units set forth opposite its name in Exhibit A hereto plus any additional number of Initial Units which such Underwriter may become obligated to purchase pursuant to the provisions of Section 10 hereof, subject to such adjustments among the Underwriters as the Representative Representatives in its their sole discretion shall make to eliminate any sales or purchases of fractional Units, in each case at a price of $31.165750 24.2125 per Common Class E Preferred Unit (the “Purchase Price”).

Appears in 1 contract

Samples: Underwriting Agreement (Atlas Pipeline Partners Lp)

Initial Units. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Partnership agrees to sell to the Underwriters, severally and not jointly, the Initial Units, and each Underwriter, severally and not jointly, agrees to purchase the respective number of Initial Units set forth opposite its name in Exhibit A hereto plus any additional number of Initial Units which such Underwriter may become obligated to purchase pursuant to the provisions of Section 10 hereof, subject to such adjustments among the Underwriters as the Representative in its sole discretion shall make to eliminate any sales or purchases of fractional Units, in each case at a price of $31.165750 42.31 per Common Unit (the “Purchase Price”).

Appears in 1 contract

Samples: Underwriting Agreement (NGL Energy Partners LP)

Initial Units. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Partnership agrees to sell to the Underwriters, severally and not jointly, the Initial Units, and each Underwriter, severally and not jointly, agrees to purchase the respective number of Initial Units set forth opposite its name in Exhibit A hereto plus any additional number of Initial Units which such Underwriter may become obligated to purchase pursuant to the provisions of Section 10 hereof, subject to such adjustments among the Underwriters as the Representative in its sole discretion shall make to eliminate any sales or purchases of fractional Units, in each case at a price of $31.165750 27.84 per Common Unit (the “Purchase Price”).

Appears in 1 contract

Samples: Underwriting Agreement (NGL Energy Partners LP)

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Initial Units. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Partnership agrees agree to sell to the Underwriterseach Underwriter, severally and not jointly, the Initial Units, and each Underwriter, severally and not jointly, agrees to purchase from the respective Partnership, at a price per unit of $23.31 that proportion of the number of Initial Units set forth in Annex I opposite its the name in Exhibit A hereto of such Underwriter, plus any additional number of Initial Units which such Underwriter may become obligated to purchase pursuant to the provisions of Section 10 hereof, subject bears to the total number of Initial Units, subject, in each case, to such adjustments adjustment among the Underwriters as the Representative Representative, in its sole discretion discretion, shall make to eliminate any sales or purchases of fractional Units, in each case at a price of $31.165750 per Common Unit (the “Purchase Price”)securities.

Appears in 1 contract

Samples: Underwriting Agreement (Stonemor Partners Lp)

Initial Units. On the basis of the representations and warranties herein contained and subject to the terms and conditions herein set forth, the Partnership agrees to sell to the Underwriters, severally and not jointly, the Initial Unitseach Underwriter, and each Underwriter, severally and not jointly, agrees to purchase from the Partnership the respective number of Initial Units set forth opposite its name in Exhibit A hereto plus any additional number of Initial Units which such Underwriter may become obligated to purchase pursuant to the provisions of Section 10 hereof, subject to such adjustments among the Underwriters as the Representative Representatives in its their sole discretion shall make to eliminate any sales or purchases of fractional Units, in each case at a price of $31.165750 32.81 per Common Unit (the “Purchase Price”).

Appears in 1 contract

Samples: Underwriting Agreement (Atlas Pipeline Partners Lp)

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