MRD WHR definition
Examples of MRD WHR in a sentence
Section 2.1 NLA Holdings and MRD WHR Conveyance of Contributed Interest to Partnership.
The Partnership shall then distribute the additional cash as follows: 62.5% to PennTex Development and 37.5% to MRD WHR.
If any Common Units subject to the Over-Allotment Option are not purchased by the IPO Underwriters as set forth in the IPO Underwriting Agreement, then upon the expiration of the Over-Allotment Option, the Partnership shall issue those remaining Common Units to PennTex Development and MRD WHR LA pursuant to the Contribution Agreement.
The Parties acknowledge the payment by the Partnership, in connection with the closing of the Initial Public Offering, of (a) transaction expenses incurred by the Partnership or PennTex Development in the amount of approximately $4.3 million and (b) $98,571,322.46 to NLA Holdings and $55,182,296.40 to MRD WHR, respectively, in part as a reimbursement of certain capital expenditures incurred by such entity with respect to the Contributed Assets.
The proceeds of such exercise shall be distributed to PennTex Development and MRD WHR LA as set forth in the Contribution Agreement.
PennTex Development and MRD WHR LA Midstream LLC, a Delaware limited liability company (“MRD WHR LA”), beneficially own, directly or indirectly, 100% of the issued and outstanding Equity Interests in PennTex North Louisiana, LLC, a Delaware limited liability company (“PennTex JV”).
MRD WHR LA Midstream LLC hereby consents to be, and hereby is, removed as a party to the Agreement and all references and other provisions of the Agreement pertaining to MRD WHR LA Midstream LLC, including any reference to MRD WHR LA Midstream LLC in its capacity as a “Party” or the “Parties,” shall be deemed to be terminated as of the effective date of this Amendment.
If any Common Units subject to the Over-Allotment Option are not purchased by the Underwriters, then upon the expiration of the Over-Allotment Option, the Partnership shall issue those remaining Common Units on a deferred basis as follows: [—]% to PennTex Development and [—]% to MRD WHR.
If any Common Units subject to the Over-Allotment Option are not purchased by the Underwriters, then upon the expiration of the Over- Allotment Option, the Partnership shall issue those remaining Common Units on a deferred basis as follows: 62.5% to PennTex Development and 37.5% to MRD WHR.
If any Common Units subject to the Over-Allotment Option are not purchased by the Underwriters, then upon the expiration of the Over-Allotment Option, the Partnership shall issue those remaining Common Units on a deferred basis as follows: 62.5% to PennTex Development and 37.5% to MRD WHR.