Organizational Contributions. In connection with the formation of the Partnership under the Delaware Act, the General Partner purchased a 2% General Partner Interest in the Partnership for $20.00 and has been admitted as a General Partner of the Partnership, and the Organizational Limited Partner purchased Common Units representing a 98% Limited Partner Interest in the Partnership for $980.00 and has been admitted as a Limited Partner of the Partnership. As of the Closing Date, the Organizational Limited Partner shall cease to be a Limited Partner of the Partnership.
Appears in 6 contracts
Sources: Limited Partnership Agreement (Central Energy Partners Lp), Limited Partnership Agreement (Central Energy Partners Lp), Limited Partnership Agreement (Rio Vista Energy Partners Lp)
Organizational Contributions. In connection with the formation of the Partnership under the Delaware Act, the General Partner purchased a 2% General Partner Interest in the Partnership for $20.00 and has been admitted as a the sole General Partner of the Partnership, and the . The Organizational Limited Partner purchased Common Units representing made an initial Capital Contribution to the Partnership in the amount of $1,000.00 in exchange for a 98% Limited Partner Interest in the Partnership for $980.00 equal to a 100% Percentage Interest and has been admitted as a Limited Partner of the Partnership. As of the Closing Date, the Organizational Limited Partner shall cease to be a Limited Partner of the Partnership.
Appears in 2 contracts
Sources: Limited Partnership Agreement (Alon USA Partners, LP), Limited Partnership Agreement (Alon USA Partners, LP)
Organizational Contributions. In connection with the formation of the Partnership under the Delaware Act, the General Partner purchased a 2% General Partner Interest in the Partnership for $20.00 and has been admitted as a General Partner of the Partnership, and the Organizational Limited Partner purchased 1,909,344 Common Units representing a 98% Limited Partner Interest in the Partnership for $980.00 and has been admitted as a Limited Partner of the Partnership. As of the Closing Date, the Organizational Limited Partner shall cease to be a Limited Partner of the Partnership.
Appears in 1 contract
Sources: Limited Partnership Agreement (Rio Vista Energy Partners Lp)
Organizational Contributions. In connection with the ----------------------------- formation of the Partnership under the Delaware Act, the General Partner purchased a 2% General Partner Interest in the Partnership for $20.00 and has been admitted as a General Partner of the Partnership, and the Organizational Limited Partner purchased Common Units representing a 98% Limited Partner Interest in the Partnership for $980.00 and has been admitted as a Limited Partner of the Partnership. As of the Closing Date, the Organizational Limited Partner shall cease to be a Limited Partner of the Partnership.
Appears in 1 contract