Common use of MLP Receipt of Cash Contribution Clause in Contracts

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.

Appears in 1 contract

Samples: Contribution, Conveyance and Assumption Agreement (Stonemor Partners Lp)

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MLP Receipt of Cash Contribution. The MLP acknowledges receipt of -------------------------------- $70,251,300 116,437,500 in cash obtained from the Offering (net of the Spread) as a capital contribution to the MLP, and the Parties parties to this Agreement 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 R&M In LP as described in Section 2.72.27.

Appears in 1 contract

Samples: Conveyance and Assumption Agreement (Sunoco Logistics Partners Lp)

MLP Receipt of Cash Contribution. The MLP acknowledges receipt of $70,251,300 [$ ] -------------------------------- in cash obtained from the Offering (net of the Spread) pursuant to Section 2.27 as a capital contribution to the MLP, and the Parties parties to this Agreement acknowledge that the MLP has used all of such capital contribution (a) to pay all of 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 Entities as described in Section 2.72.30.

Appears in 1 contract

Samples: Conveyance and Assumption Agreement (Sunoco Logistics Partners Lp)

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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 2.72.17.

Appears in 1 contract

Samples: Conveyance and Assumption Agreement (Holly Energy Partners Lp)

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