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 approximately $ in cash ($ net to the Partnership after the underwriting discount of $ ) in exchange for the issuance by the Partnership to the Underwriters of Common Units, representing a % limited partner interest in the Partnership.

Appears in 1 contract

Sources: Contribution, Conveyance and Assumption Agreement (Tallgrass 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 $ $[___] in cash ($ $[___] net to the Partnership after the underwriting discount of $ $[___] and the structuring fee of $[___] payable to UBS Securities LLC) in exchange for the issuance by the Partnership to the Underwriters of [___] Common Units, representing a [___]% limited partner interest in the Partnership.

Appears in 1 contract

Sources: Contribution, Conveyance and Assumption Agreement (Western Gas 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 $ $[ · ] in cash ($ $[ · ] net to the Partnership after deducting the underwriting discount discounts and commissions of $ $[ · ] and the Structuring Fee payable to Citigroup Global Markets Inc. and ▇▇▇▇▇ Fargo Securities, LLC) in exchange for the issuance by the Partnership to the Underwriters of [ · ] Common Units, representing a [ · ]% limited partner interest in the Partnership.

Appears in 1 contract

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

Underwriters’ Cash Contribution. The Parties hereby acknowledge that the Underwriters have, pursuant to the Underwriting Agreement, made a capital contribution to the Partnership of approximately $ $[•] in cash ($ or, a net capital contribution to the Partnership of $[•] after the underwriting discount of $ ) Spread and the Structuring Fee payable to ▇▇▇▇▇▇▇ ▇▇▇▇▇ & Associates, Inc. and ▇.▇. ▇▇▇▇▇▇ Securities, Inc), in exchange for the issuance by the Partnership to the Underwriters of 2,500,000 Common Units, representing a 15.9% limited partner interest in the Partnership.

Appears in 1 contract

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