Common use of Exercise of Over-allotment Option Clause in Contracts

Exercise of Over-allotment Option. If the Over-Allotment Option is exercised in whole or in part, the Underwriters will contribute additional cash to the Partnership in exchange for up to an additional 1,093,545 Common Units on the basis of the initial public offering price per Common Unit set forth in the Registration Statement less the amount of underwriting discounts and commissions and Structuring Fee, and the Partnership shall use the net proceeds from that exercise to redeem from USDG the number of Common Units issued upon such exercise.

Appears in 2 contracts

Samples: Conveyance and Assumption Agreement, Conveyance and Assumption (USD Partners LP)

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Exercise of Over-allotment Option. If the Over-Allotment Option is exercised in whole or in part, the Underwriters will contribute additional cash to the Partnership in exchange for up to an additional 1,093,545 [ • ] Common Units on the basis of the initial public offering price per Common Unit set forth in the Registration Statement less the amount of underwriting discounts and commissions and Structuring Fee, and the Partnership shall use the net proceeds from that exercise to redeem from USDG NuDevco Midstream Development the number of Common Units issued upon such exercise.

Appears in 1 contract

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

Exercise of Over-allotment Option. If the Over-Allotment Option is exercised in whole or in part, the Underwriters will contribute additional cash to the Partnership in exchange for up to an additional 1,093,545 1,031,250 Common Units on the basis of the initial public offering price per Common Unit set forth in the Registration Statement less the amount of underwriting discounts and commissions and Structuring Fee, and the Partnership shall use the net proceeds from that exercise to redeem from USDG NuDevco Midstream Development the number of Common Units issued upon such exercise.

Appears in 1 contract

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

Exercise of Over-allotment Option. If the Over-Allotment Option is exercised in whole or in part, the Underwriters will contribute additional cash to the Partnership in exchange for up to an additional 1,093,545 750,000 Common Units on (the basis of “Option Units”) at the initial public offering Offering price per Common Unit set forth in the Registration Statement less Prospectus, net of the amount underwriting discount. Upon the expiration of underwriting discounts and commissions and Structuring Feethe Option Period, and any Option Units not purchased by the Partnership shall use Underwriters pursuant to the net proceeds from that exercise Underwriting Agreement will be issued to redeem from USDG CONSOL for no additional consideration as part of the number of Common Units issued upon such exercise.contribution transactions described in

Appears in 1 contract

Samples: Contribution, Conveyance and Assumption Agreement

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Exercise of Over-allotment Option. If the Over-Allotment Option is exercised in whole or in part, the Underwriters will contribute additional cash to the Partnership in exchange for up to an additional 1,093,545 Common Units on the basis of the initial public offering price per Common Unit set forth in the Registration Statement less the amount of underwriting discounts and commissions and Structuring Fee, and the Partnership shall use the net proceeds from that exercise to redeem from USDG the number of Common Units issued upon such exercise.

Appears in 1 contract

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

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