Common use of Payment and Contribution of Cash by the Public Through the Underwriters Clause in Contracts

Payment and Contribution of Cash by the Public Through the Underwriters. The Parties acknowledge that the Partnership is undertaking the Offering and the public, through the Underwriters will, pursuant to the Underwriting Agreement, agree to make a capital contribution to the Partnership of an amount determined pursuant to the Underwriting Agreement in exchange for the issuance and sale of the Partnership Units.

Appears in 6 contracts

Samples: Contribution, Conveyance and Assumption Agreement (Sprague Resources LP), Contribution, Conveyance and Assumption Agreement (Sprague Resources LP), Contribution, Conveyance and Assumption Agreement

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Payment and Contribution of Cash by the Public Through the Underwriters. The Parties acknowledge that the Partnership is undertaking the Offering and the public, through the Underwriters willUnderwriters, pursuant to the Underwriting Agreement, will agree to make a capital contribution to the Partnership of an amount determined pursuant approximately $ million in cash ($ million, net of underwriting discounts) to the Underwriting Agreement Partnership in exchange for Common Units, representing an aggregate % limited partner interest in the issuance Partnership, and sale of the Partnership UnitsOver-Allotment Option.

Appears in 1 contract

Samples: Contribution and Conveyance Agreement (PBF Logistics LP)

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