MLP Receipt of Cash Contribution Sample Clauses

MLP Receipt of Cash Contribution. The MLP acknowledges receipt of $____________ in cash obtained from the Offering as a capital contribution to the MLP, and Parties acknowledge that the MLP has used all of such capital contribution (a) to pay the Offering Costs that are due and payable or that have been previously paid and (b) to make an additional capital contribution to the OLP as described in Section 2.17.

MLP Receipt of Cash Contribution. In exchange for the MLP's issuance of 5,500,000 Common Units, the MLP acknowledges receipt of the Offering Proceeds in cash as a capital contribution to the MLP, and the Parties acknowledge that the MLP has used all of such capital contribution to (a) pay the Underwriters' discounts and commissions of $8.1 million (which may be withheld by the Underwriters from the Offering Proceeds as payment thereof), (b) pay other Offering expenses incurred by the MLP of approximately $3.4 million and (c) repay the Note.

MLP Receipt of Cash Contribution. The Parties acknowledge MLP's issuance of 7,000,000 Common Units in exchange for the IPO Proceeds in cash as a capital contribution to MLP, and MLP's use of the IPO Proceeds (a) to pay the Underwriters' discounts and commissions of $_________ (which may be withheld by the Underwriters from the IPO Proceeds as payment thereof), (b) to pay other Offering expenses incurred by MLP of approximately $__ million and (c) with respect to the remaining IPO Proceeds, to repay the Notes.

MLP Receipt of Cash Contribution. MLP acknowledges receipt of the Offering Proceeds (which are net of the underwriting discounts and commissions and structuring fees withheld by the underwriters from the Offering Proceeds as payment thereof) in cash as a capital contribution to MLP, and the Parties acknowledge that MLP has used all of such capital contributions to (a) pay transaction expenses associated with the transactions contemplated by this Agreement in the estimated amount of approximately $2.9 million (exclusive of the underwriters’ discounts and commissions and structuring fees and net of a reimbursement for certain expenses received from the underwriters), (b) distribute the Distributable Proceeds to EPD OLP as a portion of the cash consideration, (c) provide approximately $18.9 million to make a capital contribution to South Texas NGL in connection with the planned expansions to the South Texas NGL pipeline, and (d) provide approximately $9.3 million to make a capital contribution to Mont Belvieu LLC in connection with planned construction projects to expand brine production capacity and above-ground storage reservoirs.

MLP Receipt of Cash Contribution. The MLP acknowledges receipt of the Offering Proceeds in cash as a capital contribution to the MLP, and the Parties acknowledge that the MLP has used all of such capital contribution to (a) pay the Underwriters’ discounts and commissions and structuring fees (which may be withheld by the Underwriters from the Offering Proceeds as payment thereof), (b) pay the approximately $3.1 million of Offering expenses incurred by the MLP, (c) redeem the 899,968 Common Units held by USSM and (d) make a capital contribution to the OLLC of the remaining Offering Proceeds as described in Section 3.5 below.

MLP Receipt of Cash Contribution. The MLP acknowledges receipt of $70,251,300 in cash obtained from the Offering (net of the Spread) as a capital contribution to the MLP, and the Parties acknowledge that the MLP has used all of such capital contribution (a) to pay the Offering Costs that are due and payable or that have been previously paid and (b) to make an additional capital contribution to the OLP as described in Section 2.7.

MLP Receipt of Cash Contribution. The MLP acknowledges receipt of the Offering Proceeds in cash as a capital contribution to the MLP, and the Parties acknowledge that the MLP has used all of such capital contribution to (a) pay the underwriting discounts and commissions (which may be withheld by the underwriters from the Offering Proceeds as payment thereof), (b) distributes $[35.0] million to [WXX/Wxxxxxxx Pipeline] to reimburse for certain capital expenditures incurred prior to formation, (c) distributes $[48.5] million to [any or all of the other transferors], (d) convey $[1.6] million in cash to MCFS and CTP as capital contributions for them to replenish working capital and (e) pay the approximately $[4.6] million of Offering expenses incurred by the MLP.

MLP Receipt of Cash Contribution. The MLP acknowledges receipt of the Offering Proceeds in cash as a capital contribution to the MLP, and the Parties acknowledge that the MLP has used all of such capital contribution to (a) pay the underwriting discounts and commissions and structuring fees (which may be withheld by the underwriters from the Offering Proceeds as payment thereof), (b) pay transaction costs estimated to be $4.3 million (excluding the underwriters’ discount and commissions and structuring fees and net of a reimbursement for certain expenses received from the underwriters), (c) provide $12.8 million of additional working capital, (d) distribute $35.0 million to Wxxxxxxx Pipeline to reimburse for certain capital expenditures incurred prior to formation, (e) distribute $18.6 million to Holdings to reimburse for certain capital expenditures incurred prior to formation and for the Gas Purchase Contract, (f) distribute $3.8 million to WE to reimburse for certain capital expenditures incurred prior to formation, (g) distribute $1.3 million to WXX to reimburse for certain capital expenditures incurred prior to formation and (h) provide $24.4 million to make a capital contribution to Discovery to fund an escrow account in connection with the Tahiti pipeline lateral expansion.

MLP Receipt of Cash Contribution. MLP acknowledges receipt of the Offering Proceeds in cash as a capital contribution to MLP, and the Parties acknowledge that MLP has used all of such capital contributions to (a) pay the underwriting discounts and commissions and structuring fees (which may be withheld by the underwriters from the Offering Proceeds as payment thereof), (b) pay transaction expenses associated with the transactions contemplated by this Agreement in the amount of approximately $2.9 million, (c) distribute approximately $ million to EPD OLP as a portion of the cash consideration and reimbursement for capital expenditures relating to the Subject Interests and (d) provide approximately $ million to make a capital contribution to South Texas NGL in connection with the planned expansions to the South Texas NGL pipeline.