Common use of Purchase of Additional Common Units Clause in Contracts

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.

Appears in 1 contract

Samples: Conveyance and Assumption Agreement (Williams Energy Partners L P)

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Purchase of Additional Common Units. The underwriters of the public offering referred to in Section 2.15 2.16 above were have been granted a 30-day option (the "Option") to purchase up to 600,000 [562,500] Common Units. The If the Option has been is exercised and in whole or in part, the parties to this Agreement acknowledge an additional cash contribution of $12,900,000 from the public to the MLPpublic, through the underwriters, will contribute additional cash to the MLP in exchange for 600,000 up to an additional [562,500] Common Units, and the net proceeds thereof will be used to redeem Common Units held by WES xx a partial reimbursement for capital expenditures incurred by WES.

Appears in 1 contract

Samples: Conveyance and Assumption Agreement (Williams Energy Partners L P)

Purchase of Additional Common Units. The underwriters of the public offering referred to in Section 2.15 above Offering were granted a 30-day option (the "Option") to purchase up to 600,000 300,000 Common Units. The If the Option has been is exercised and in full, the parties to this Agreement acknowledge that an additional cash contribution of $12,900,000 5,580,000 will be made from the public to the MLP, through the underwriters, in exchange for 600,000 300,000 Common Units.. Section 3.2

Appears in 1 contract

Samples: Conveyance and Assumption Agreement (Crosstex Energy Lp)

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Purchase of Additional Common Units. The underwriters of the public offering referred to in Section 2.15 above Offering were granted a 30-day option (the "Option") to purchase up to 600,000 300,000 Common Units. The If the Option has been is exercised and the parties to this Agreement acknowledge that an additional cash contribution of $12,900,000 [ ] will be made from the public to the MLP, through the underwriters, in exchange for 600,000 300,000 Common Units.

Appears in 1 contract

Samples: Conveyance and Assumption Agreement (Crosstex Energy Lp)

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