Common use of Underwriters’ Cash Contribution Clause in Contracts

Underwriters’ Cash Contribution. The Parties acknowledge that the Underwriters have, pursuant to the Underwriting Agreement, made a capital contribution to the Partnership of $295,850,020 in cash (after taking into account the Underwriter’s discount of approximately $18,049,980) in exchange for the issuance by the Partnership to the Underwriters of 14,600,000 Common Units (of which 13,050,000 are Firm Units and 1,550,000 are Option Units).

Appears in 2 contracts

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

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Underwriters’ Cash Contribution. The Parties acknowledge that the Underwriters have, pursuant to the Underwriting Agreement, made a capital contribution to the Partnership of $295,850,020 223,962,500.00 in cash ($210,647,129.33 net to the Partnership after taking into account the Underwriter’s Underwriters’ discount of approximately $18,049,98013,315,371.00) in exchange for the issuance by the Partnership to the Underwriters of 14,600,000 10,925,000 Common Units, which includes 1,425,000 Common Units issued pursuant to the Underwriters full exercise of the Over-Allotment Option (of which 13,050,000 are Firm Units and 1,550,000 are Option Unitscollectively representing a 49.9% limited partner interest in the Partnership).

Appears in 2 contracts

Samples: Contribution Agreement, Contribution Agreement (Susser Holdings CORP)

Underwriters’ Cash Contribution. The Parties acknowledge that the Underwriters have, pursuant to the Underwriting Agreement, made a capital contribution to the Partnership of $295,850,020 312,800,000 in cash ($292,859,000 net to the Partnership after taking into account the Underwriter’s discount of approximately $18,049,980Spread and the Structuring Fee) in exchange for the issuance by the Partnership to the Underwriters of 14,600,000 18,400,000 Common Units (representing an approximate 24.8% limited partner interest in the Partnership based upon the Underwriters’ exercise in full of which 13,050,000 are Firm Units and 1,550,000 are Option Unitsthe Over-Allotment Option).

Appears in 2 contracts

Samples: Contribution, Conveyance and Assumption Agreement (Inergy L P), Contribution, Conveyance and Assumption Agreement (Inergy Midstream, L.P.)

Underwriters’ Cash Contribution. The Parties acknowledge that the Underwriters have, pursuant to the Underwriting Agreement, have made a capital contribution to the capital of the Partnership in the amount of $295,850,020 171,120,000.00 in cash (after taking into account which amount is less Spread payable to the Underwriter’s discount of approximately $18,049,980) Underwriters), in exchange for the issuance by the Partnership to the Underwriters of 14,600,000 11,500,000 Common Units (of which 13,050,000 are Firm Units and 1,550,000 are Option Unitsrepresenting an approximate 81.6% limited partner interest in the Partnership).

Appears in 2 contracts

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

Underwriters’ Cash Contribution. The Parties acknowledge that the Underwriters have, pursuant to the Underwriting Agreement, made a capital contribution to the Partnership of approximately $295,850,020 180,000,000 in cash ($168,030,000 net to the Partnership after taking into account deducting the Underwriter’s discount underwriting discounts and commissions of approximately $18,049,98011,250,000 and the Structuring Fee payable to Citigroup Global Markets Inc. and Xxxxx Fargo Securities, LLC) in exchange for the issuance by the Partnership to the Underwriters of 14,600,000 9,000,000 Common Units (of which 13,050,000 are Firm Units and 1,550,000 are Option Units), representing a 36.1% limited partner interest in the Partnership.

Appears in 1 contract

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

Underwriters’ Cash Contribution. The Parties acknowledge that the Underwriters have, pursuant to the Underwriting Agreement, made a capital contribution to the Partnership of $295,850,020 309,375,000 in cash ($289,265,625 net to the Partnership after taking into account the Underwriter’s underwriting discount (the “Spread”) of approximately $18,049,98018,562,500 and the structuring fee of $1,546,875 payable to UBS Securities LLC) in exchange for the issuance by the Partnership to the Underwriters of 14,600,000 18,750,000 Common Units (of which 13,050,000 are Firm Units and 1,550,000 are Option Units), representing a 34.6224% limited partner interest in the Partnership.

Appears in 1 contract

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

Underwriters’ Cash Contribution. The Parties hereby acknowledge that the Underwriters have, pursuant to the Underwriting Agreement, made a capital contribution to the Partnership of $295,850,020 [•] in cash (or, a net capital contribution to the Partnership of $[•] after taking into account the Underwriter’s discount of approximately $18,049,980) Spread and the Structuring Fee payable to Xxxxxxx Xxxxx & Associates, Inc. and X.X. Xxxxxx Securities, Inc), in exchange for the issuance by the Partnership to the Underwriters of 14,600,000 2,500,000 Common Units (of which 13,050,000 are Firm Units and 1,550,000 are Option Units), representing a 15.9% limited partner interest in the Partnership.

Appears in 1 contract

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

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Underwriters’ Cash Contribution. The Parties acknowledge that the Underwriters have, pursuant to the Underwriting Agreement, made a capital contribution to the Partnership of approximately $295,850,020 262,500,000 in cash ($245,437,500 net to the Partnership after taking into account the Underwriter’s underwriting discount of approximately $18,049,98015,487,500 and the Structuring Fee payable to Citigroup Global Markets Inc. and Barclays Capital Inc.) in exchange for the issuance by the Partnership to the Underwriters of 14,600,000 12,500,000 Common Units (of which 13,050,000 are Firm Units and 1,550,000 are Option Units), representing a 35.32% limited partner interest in the Partnership.

Appears in 1 contract

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

Underwriters’ Cash Contribution. The Parties acknowledge that the Underwriters have, pursuant to the Underwriting Agreement, made a capital contribution to the Partnership of $295,850,020 approximately $ in cash ($ net to the Partnership after taking into account the Underwriter’s underwriting discount of approximately $18,049,980$ ) in exchange for the issuance by the Partnership to the Underwriters of 14,600,000 Common Units (of which 13,050,000 are Firm Units and 1,550,000 are Option Units), representing a % limited partner interest in the Partnership.

Appears in 1 contract

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

Underwriters’ Cash Contribution. The Parties acknowledge that the Underwriters havepublic, pursuant to through the Underwriting AgreementUnderwriters, has made a capital contribution to the Partnership of $295,850,020 97,200,000 in cash ($90,396,000 net to the Partnership after taking into account the Underwriter’s underwriting discount (the “Spread”) of approximately $18,049,9806,439,500 and the structuring fee of $364,500 payable to RBC Capital Markets, LLC) in exchange for the issuance by the Partnership to the Underwriters of 14,600,000 5,400,000 MLP Common Units (of which 13,050,000 are Firm Units and 1,550,000 are Option Units), representing a 30.0% limited partner interest in the Partnership.

Appears in 1 contract

Samples: Contribution, Conveyance, Assumption and Merger Agreement (Mid-Con Energy Partners, LP)

Underwriters’ Cash Contribution. The Parties acknowledge that the Underwriters have, pursuant to the Underwriting Agreement, made a capital contribution to the Partnership of approximately $295,850,020 250,000,000 in cash ($234,250,000 net to the Partnership after taking into account the Underwriter’s underwriting discount of approximately $18,049,98015,125,000 and the Structuring Fee payable to Barclays Capital Inc.) in exchange for the issuance by the Partnership to the Underwriters of 14,600,000 12,500,000 Common Units (of which 13,050,000 are Firm Units and 1,550,000 are Option Units), representing a 25.1% limited partner interest in the Partnership.

Appears in 1 contract

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

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