Common use of Public Cash Contribution Clause in Contracts

Public Cash Contribution. The Parties acknowledge a capital contribution by the public through the Underwriters to MLP of $352.8 million in cash ($331.1 million net to MLP after taking into account the Underwriters’ discount and the structuring fee payable to the Underwriters, but before paying offering expenses) in exchange for 16,800,000 Common Units, representing a 58.1% interest in MLP.

Appears in 2 contracts

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

AutoNDA by SimpleDocs

Public Cash Contribution. The Parties acknowledge a capital cash contribution by the public through the Underwriters to MLP of $352.8 million in cash [98,000,000] ($331.1 million net to MLP [91,500,000] after taking into account the Underwriters' discount and the structuring fee payable to the Underwriters, but before paying offering expensesof $[6,500,000]) in exchange for 16,800,000 [4,900,000] Common Units, Units representing a 58.1% [42.6]% interest in MLP.

Appears in 2 contracts

Samples: Contribution, Conveyance and Assumption Agreement (Global Partners LP), Contribution, Conveyance and Assumption Agreement (Global Partners LP)

Public Cash Contribution. The Parties acknowledge a capital contribution by the public through the Underwriters to MLP of $352.8 [200.00] million in cash ($331.1 [187.5] million net to MLP after taking into account the Underwriters’ discount [and the structuring fee fees payable to the Underwriters, but before paying offering expenses] and the Underwriters’ reimbursement of certain expenses incurred by MLP in connection with the Offering) in exchange for 16,800,000 10,000,000 Common Units, representing a 58.1% [15.4]% interest in MLP.

Appears in 2 contracts

Samples: Contribution, Conveyance and Assumption Agreement, Contribution, Conveyance and Assumption Agreement (Spectra Energy Partners, LP)

Public Cash Contribution. The Parties acknowledge a capital contribution by the public through the Underwriters to MLP of approximately $352.8 51.75 million in cash ($331.1 48.1275 million net to MLP after taking into account the Underwritersunderwritersdiscount and the structuring fee payable to the Underwriters, but before paying offering expensesspread of $3.6225 million) in exchange for 16,800,000 2,300,000 Common Units, representing a 58.1% interest in MLP.

Appears in 1 contract

Samples: Contribution, Conveyance and Assumption Agreement (Hiland Partners, LP)

Public Cash Contribution. The Parties acknowledge a capital contribution by the public through the Underwriters to MLP of $352.8 163.8 million in cash ($331.1 152.7 million net to MLP after taking into account the Underwriters’ discount and the structuring fee payable to the UnderwritersWachovia Capital Markets, but before paying offering expensesLLC) in exchange for 16,800,000 9,100,000 Common Units, Units representing a 58.142.1% limited partner interest in MLP.

Appears in 1 contract

Samples: Contribution, Conveyance and Assumption Agreement (Quest Resource Corp)

Public Cash Contribution. The Parties acknowledge a capital contribution by the public through the Underwriters to MLP of $352.8 [•] million in cash ($331.1 [•] million net to MLP after taking into account the Underwriters’ discount and the structuring fee payable to the UnderwritersWachovia Capital Markets, but before paying offering expensesLLC) in exchange for 16,800,000 8,750,000 Common Units, Units representing a 58.140.5% limited partner interest in MLP.

Appears in 1 contract

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

Public Cash Contribution. The Parties acknowledge a capital contribution by the public through the Underwriters to MLP of $352.8 [___] million in cash ($331.1 [___] million net to MLP after taking into account the Underwriters’ discount and the structuring fee payable to the Underwriters, but before paying offering expenses) in exchange for 16,800,000 Common Units, representing a 58.1% interest in MLP.

Appears in 1 contract

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

Public Cash Contribution. The Parties acknowledge a capital contribution by the public through the Underwriters to MLP of $352.8 million 132,825,000 in cash ($331.1 million 123,691,375 net to MLP after taking into account the Underwriters’ discount Spread and the structuring fee payable to the Underwriters, but before paying offering expensesFee) in exchange for 16,800,000 Common the Underwritten Units, representing a 58.1% interest in MLP.

Appears in 1 contract

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

Public Cash Contribution. The Parties acknowledge a capital contribution by the public through the Underwriters to MLP of approximately $352.8 [180.0] million in cash ($331.1 [168.3] million net to MLP after taking into account the Underwritersunderwritersdiscount and the structuring fee payable to the Underwriters, but before paying offering expensesspread of $[11.7] million) in exchange for 16,800,000 9,000,000 Common Units, representing a 58.150.4% interest in MLP.. Section 2.26

Appears in 1 contract

Samples: Contribution, Conveyance and Assumption Agreement

Public Cash Contribution. The Parties acknowledge a capital contribution by the public through the Underwriters to MLP of $352.8 253.0 million in cash ($331.1 237.2 million net to MLP after taking into account the Underwriters’ discount and the structuring fee fees payable to Citigroup and Lxxxxx and the Underwriters, but before paying offering expenses’ reimbursement of certain expenses incurred by MLP in connection with the Offering) in exchange for 16,800,000 11,500,000 Common Units, representing a 58.117% interest in MLP.

Appears in 1 contract

Samples: Contribution, Conveyance and Assumption Agreement (Spectra Energy Partners, LP)

AutoNDA by SimpleDocs

Public Cash Contribution. The Parties acknowledge a capital contribution by the public through the Underwriters to MLP of $352.8 193.5 million in cash ($331.1 million 180,928,125 net to MLP after taking into account the Underwriters’ discount and discount, the structuring fee fees payable to the Underwriters and the Underwriters, but before paying offering expenses’ reimbursement of certain expenses incurred by the MLP in connection with the Offering) in exchange for 16,800,000 9,000,000 Common Units, representing a 58.150.4% interest in MLP.

Appears in 1 contract

Samples: Contribution, Conveyance and Assumption Agreement (DCP Midstream Partners, LP)

Public Cash Contribution. The Parties acknowledge a capital contribution by the public through the Underwriters to MLP of $352.8 million 71,690,000 in cash ($331.1 million 66,671,700 net to MLP after taking into account the Underwriters’ discount and the structuring fee payable to the Underwriters, but before paying offering expenses' spread of $5,018,300) in exchange for 16,800,000 3,350,000 Common Units, representing a 58.145.0% interest in MLPMLP units.

Appears in 1 contract

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

Public Cash Contribution. The Parties acknowledge a capital contribution by the public through the Underwriters to MLP of approximately $352.8 40.0 million in cash ($331.1 37.2 million net to MLP after taking into account the Underwriters’ discount and the structuring fee payable to the Underwriters, but before paying offering expensesunderwriters' spread of $2.8 million) in exchange for 16,800,000 2,000,000 Common Units, representing a 58.128.8% interest in MLP.

Appears in 1 contract

Samples: Contribution, Conveyance and Assumption Agreement (Hiland Partners, LP)

Public Cash Contribution. The Parties acknowledge a capital contribution by the public through the Underwriters to MLP of approximately $352.8 [240.0] million in cash ($331.1 [224.1] million net to MLP after taking into account the Underwriters’ underwriting discount and the structuring fee payable to the Underwriters, but before paying offering expensesof $[15.9] million) in exchange for 16,800,000 12,000,000 Common Units, representing a 58.1% [41.9]% interest in MLP.

Appears in 1 contract

Samples: Contribution, Conveyance and Assumption Agreement (Regency Energy Partners LP)

Public Cash Contribution. The Parties acknowledge a capital contribution by the public through the Underwriters to MLP of approximately $352.8 [180.0] million in cash ($331.1 [168.3] million net to MLP after taking into account the Underwritersunderwritersdiscount and the structuring fee payable to the Underwriters, but before paying offering expensesspread of $[11.7] million) in exchange for 16,800,000 9,000,000 Common Units, representing a 58.150.4% interest in MLP.

Appears in 1 contract

Samples: Contribution, Conveyance and Assumption Agreement (DCP Midstream Partners, LP)

Public Cash Contribution. The Parties acknowledge a capital cash contribution by the public through the Underwriters to MLP of $352.8 million in cash 107,800,000 ($331.1 million net to MLP 100,655,800 after taking into account the Underwriters’ discount and the structuring fee payable to the Underwriters, but before paying offering expensesof $7,144,200) in exchange for 16,800,000 4,900,000 Common Units, Units representing a 58.142.6% interest in MLP.

Appears in 1 contract

Samples: Contribution, Conveyance and Assumption Agreement (Global Partners LP)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!