Common use of Redemption of Common Units Clause in Contracts

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.

Appears in 2 contracts

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

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Redemption of Common Units. MLP hereby agrees to redeem a number of Common Units held by DCP LP Holdings MLP LLC equal to the number of Common Units issued to the public, through the underwriters, upon exercise of the Overallotment Option, if any, at a redemption price per Common Unit equal to the initial public offering price per Common Unit, net of underwriting discounts.

Appears in 1 contract

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

Redemption of Common Units. MLP hereby agrees to redeem a number of Common Units held by DCP SEP GP 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.

Appears in 1 contract

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

Redemption of Common Units. MLP hereby agrees to redeem a number of Common Units held by DCP LP Holdings Acquisition 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.

Appears in 1 contract

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

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Redemption of Common Units. MLP hereby agrees to redeem a number of Common Units held by DCP LP Holdings Acquisition 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 UnitUnit set forth in the Registration Statement, net of underwriting discountsdiscounts and the Representatives’ structuring fee.

Appears in 1 contract

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

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