Purchase of Additional Common Units. If the Over-Allotment Option is exercised in whole or in part, the Underwriters will contribute additional cash to the Partnership in exchange for up to an additional [ ] Common Units on the basis of the initial public offering price per Common Unit set forth in the Registration Statement less the amount of underwriting discounts and applicable Structuring Fee, and the Partnership shall make a cash distribution to Delek US equal to the amount contributed by the Underwriters to the Partnership on each such Option Closing Date.
Purchase of Additional Common Units. If the Option is exercised in whole or in part, the public, through the Underwriters, will contribute additional cash to MLP in exchange for up to an additional 2,520,000 Common Units.
Purchase of Additional Common Units. If the Option is exercised in whole or in part, the Underwriters will contribute additional cash to MLP in exchange for up to an additional 2,437,500 Common Units on the basis of the initial public offering price per Common Unit set forth in the Registration Statement, net of underwriting discounts and fees, and MLP shall acquire from Pipeline GP, and Pipeline GP shall sell to MLP, the same number of Common Units for the net proceeds as a redemption in repayment of capital expenditure.
Purchase of Additional Common Units. At the end of the Option Period, if the Over-Allotment Option is exercised in whole or in part, the public, through the Underwriters, will contribute additional cash to the Partnership in exchange for up to an additional 1,411,200 common units on the basis of the initial public offering price per common unit set forth in the Registration Statement.
Purchase of Additional Common Units. The underwriters of the public offering referred to in Section 2.15 above were granted a 30-day option (the "Option") to purchase up to 600,000 Common Units. The Option has been exercised and the parties to this Agreement acknowledge an additional cash contribution of $12,900,000 from the public to the MLP, through the underwriters, in exchange for 600,000 Common Units.
Purchase of Additional Common Units. On November 2, 2012, the Over-Allotment Option was exercised in full. The Underwriters will contribute additional cash to the Partnership in exchange for an additional 1,200,000 Common Units on the basis of the initial public offering price per Common Unit set forth in the Registration Statement less the amount of underwriting discounts and applicable Structuring Fee, and the Partnership shall make a cash distribution to Marketing LLC equal to the amount contributed by the Underwriters to the Partnership on each such Option Closing Date.
Purchase of Additional Common Units. If the Option is exercised in whole or in part the net proceeds thereof will be used to redeem a number of Common Units owned by GP Inc. equal to the number of Common Units sold pursuant to the exercise of the Option, in reimbursement of certain capital expenditures.
Purchase of Additional Common Units. If the remaining portion of the Over-Allotment Option is exercised in whole or in part, (i) the Underwriters will contribute additional cash to the Partnership in exchange for up to an additional 407,500 Option Units on the basis of the initial public offering price per Common Unit set forth in the Registration Statement less the amount of underwriting discounts and applicable Structuring Fee and (ii) the Partnership will pay TO the additional cash received from the Underwriters pursuant to the exercise of the remaining portion of the Over-Allotment Option in order to reimburse Tallgrass Development for a portion of the capital expenditures made by Tallgrass Development to purchase TIGT and TMID.
Purchase of Additional Common Units. If the Option is exercised in whole or in part, the public, through the Underwriters, will contribute additional cash to MLP in exchange for up to an additional 1,350,000 Common Units. Section 3.2 Purchase of Securities by OLP and Incurrence of Recourse Debt by OLP. The Parties acknowledge, in the event that the Option is exercised in whole or in part, (i) the contribution by MLP to OLP an amount of cash equal to the net proceeds received by MLP pursuant to Section 3.1, (ii) the purchase of OLP of up to $[25.2] million in principal amount of Securities utilizing the cash received by OLP from MLP pursuant to clause (i) of this Section 3.2, (iii) the incurrence of the Subsequent Recourse Debt by OLP, (iv) the pledge of the Securities referred to in clause (ii) of this Section 3.2 as collateral for the borrowings under the Term Loan Facility and (v) the guarantee of the Subsequent Recourse Debt, if any, by MLP. Section 3.3 Distribution of Proceeds from Additional Borrowings by OLP to MLP. In the event the Option is exercised in whole or in part, OLP hereby agrees to distribute, grant, bargain, convey, assign, transfer, set over and deliver to MLP, its successors and assigns, for its use forever, all right, title and interest in and to cash in an amount equal to the principal amount of the Subsequent Recourse Debt (of which 0.001% of such distribution is being made on behalf of OLP GP). Section 3.4 Redemption of Common Units. MLP hereby agrees to redeem a number of Common Units held by DCP LP Holdings equal to the number of Common Units issued to the public, through the underwriters, upon exercise of the Option, if any, at a redemption price per Common Unit equal to the initial public offering price per Common Unit, net of underwriting discounts. Section 3.5 Loan of Cash by DCP GP LP to DEFS. DCP LP Holdings hereby agrees to loan to DEFS cash in an amount equal to amount received by DCP LP Holdings pursuant to Section 3.4, if any, and, in connection therewith, DEFS agrees to execute a promissory note in the form attached hereto as Exhibit D as completed to reflect the principal amount of the loan from DCP LP Holdings to DEFS.
Purchase of Additional Common Units. If the remaining portion of the Over-Allotment Option is exercised in whole or in part,