Common use of Redemption of the General Partner’s and Holdings’ Initial Interests Clause in Contracts

Redemption of the General Partner’s and Holdings’ Initial Interests. For and in consideration of the payment by the Partnership of $10 to the General Partner and $990 to Holdings as a refund of their respective initial contribution to the Partnership, the Partnership hereby redeems all of the initial interests of the General Partner and Holdings in the Partnership.

Appears in 5 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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Redemption of the General Partner’s and Holdings’ Initial Interests. For and in consideration of the payment by the Partnership of $10 to the General Partner and $990 to Holdings as a refund of their respective initial contribution to the Partnership, the Partnership hereby redeems all of the initial interests of the General Partner and Holdings in the PartnershipHoldings.

Appears in 1 contract

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

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