Common use of Public Cash Contribution Clause in Contracts

Public Cash Contribution. The Parties acknowledge that, in connection with the Offering, the public, through the Underwriters, has made a capital contribution to the Partnership of $380,600,000.00 in cash in exchange for 17,300,000 Common Units (the “Firm Units”) representing a 22.9% limited partner interest in the Partnership and new limited partners are being admitted to the Partnership in connection therewith.

Appears in 3 contracts

Samples: Contribution, Conveyance and Assumption Agreement, Contribution, Conveyance and Assumption Agreement (MPLX Lp), Contribution, Conveyance and Assumption Agreement (Marathon Petroleum Corp)

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Public Cash Contribution. The Parties acknowledge that, in connection with the Offering, the publicpublic investors, through the Underwriters, has made shall make a capital contribution to the Partnership of $380,600,000.00 [ ] million in cash (the “IPO Proceeds”) in exchange for 17,300,000 [ ] Common Units (the “Firm Units”) representing a 22.9an aggregate [ ]% limited partner interest in the Partnership Partnership, and new limited partners are being admitted to the Partnership in connection therewith.

Appears in 3 contracts

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

Public Cash Contribution. The Parties acknowledge that, in connection with the Offering, the publicpublic investors, through the Underwriters, has have made a capital contribution to the Partnership of $380,600,000.00 47,203,125 in cash in exchange for 17,300,000 2,650,000 Common Units (the “Firm Units”) representing a 22.933.8% limited partner interest in the Partnership Partnership, and new limited partners are being admitted to the Partnership in connection therewith.

Appears in 2 contracts

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

Public Cash Contribution. The Parties acknowledge that, in connection with the Offering, the publicpublic investors, through the Underwriters, has have made a capital contribution to the Partnership of $380,600,000.00 75,000,000 in cash in exchange for 17,300,000 5,000,000 Common Units (the “Firm Units”) representing a 22.9an approximate 21.1% limited partner interest in the Partnership (based on an aggregate of 23,222,134 Common Units and new limited partners are being admitted Subordinated Units to be outstanding after the Partnership in connection therewithcompletion of the Offering).

Appears in 2 contracts

Samples: Contribution, Conveyance and Assumption Agreement (CNX Coal Resources LP), Contribution, Conveyance and Assumption Agreement

Public Cash Contribution. The Parties acknowledge that, in connection with the Offering, the publicpublic investors, through the Underwriters, has have made a capital contribution to the Partnership of $380,600,000.00 442,750,000 in cash in exchange for 17,300,000 20,125,000 Common Units (the “Firm Units”) representing a 22.9an approximate 33.8% limited partner interest in the Partnership (based on an aggregate of 58,326,242 Common Units and new limited partners Subordinated Units to be outstanding after the completion of the Offering), and such public investors are being admitted to the Partnership as limited partners in connection therewith.

Appears in 2 contracts

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

Public Cash Contribution. The Parties acknowledge that, in connection with the Offering, the publicpublic investors, through the Underwriters, has have made a capital contribution to the Partnership of $380,600,000.00 377,775,000 in cash in exchange for 17,300,000 16,425,000 Common Units (the “Firm Units”) representing a 22.9% limited partner interest in the Partnership Partnership, and new limited partners are being admitted to the Partnership in connection therewith.

Appears in 2 contracts

Samples: Contribution, Conveyance and Assumption Agreement, Contribution, Conveyance and Assumption Agreement (Phillips 66 Partners Lp)

Public Cash Contribution. The Parties acknowledge that, in connection with the Offering, the public, through the Underwriters, has made a capital contribution to the Partnership of $380,600,000.00 273,000,000 in cash in exchange for 17,300,000 13,000,000 Common Units (the “Firm Units”) representing a 22.941.8% limited partner interest in the Partnership and new limited partners are being admitted to the Partnership in connection therewith.

Appears in 2 contracts

Samples: Contribution, Conveyance and Assumption Agreement (Tesoro Corp /New/), Contribution, Conveyance and Assumption Agreement (Tesoro Logistics Lp)

Public Cash Contribution. The Parties acknowledge that, in connection with the Offering, the publicpublic investors, through the Underwriters, has made shall make a capital contribution to the Partnership of approximately $380,600,000.00 339.9 million in cash (the “IPO Proceeds”) in exchange for 17,300,000 14,780,000 Common Units (the “Firm Units”) representing a 22.9an aggregate 26.55% limited partner interest in the Partnership Partnership, and new limited partners are being admitted to the Partnership in connection therewith.

Appears in 2 contracts

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

Public Cash Contribution. The Parties acknowledge that, in connection with the Offering, the public, through the Underwriters, has made a capital contribution to the Partnership of $380,600,000.00 [•] in cash in exchange for 17,300,000 [•] Common Units (the “Firm Units”) representing a 22.9% [•]% limited partner interest in the Partnership and new limited partners are being admitted to the Partnership in connection therewith.

Appears in 2 contracts

Samples: Conveyance and Assumption Agreement, Contribution, Conveyance and Assumption Agreement (MPLX Lp)

Public Cash Contribution. The Parties acknowledge that, in connection with the Offering, the publicpublic investors, through the Underwriters, has made shall make a capital contribution to the Partnership of $380,600,000.00 150 million in cash in exchange for 17,300,000 10,000,000 Common Units (the “Firm Units”) representing a 22.930.8% limited partner interest in the Partnership (such percentage assuming the Underwriters do not exercise the Over-Allotment Option), and new limited partners are being admitted to the Partnership in connection therewith.

Appears in 1 contract

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

Public Cash Contribution. The Parties acknowledge that, in connection with the Offering, the public, through the Underwriters, has made a capital contribution to the Partnership of $380,600,000.00 [—] in cash in exchange for 17,300,000 [—] Common Units (the “Firm Units”) representing a 22.9[—]% limited partner interest in the Partnership and new limited partners are being admitted to the Partnership in connection therewith.

Appears in 1 contract

Samples: Contribution, Conveyance and Assumption Agreement (Western Refining Logistics, LP)

Public Cash Contribution. The Parties acknowledge that, in connection with the Offering, the publicpublic investors, through the Underwriters, has have made a capital contribution to the Partnership of $380,600,000.00 [ ] in cash in exchange for 17,300,000 [ ] Common Units (the “Firm Units”) representing a 22.9[ ]% limited partner interest in the Partnership Partnership, and new limited partners are being admitted to the Partnership in connection therewith.

Appears in 1 contract

Samples: Contribution, Conveyance and Assumption Agreement (Phillips 66 Partners Lp)

Public Cash Contribution. The Parties acknowledge that, in connection with the Offering, the publicpublic investors, through the Underwriters, has have made a capital contribution to the Partnership of $380,600,000.00 [•] in cash in exchange for 17,300,000 [•] Common Units (the “Firm Units”) representing a 22.9% an approximate [•]% limited partner interest in the Partnership Partnership, and new limited partners such public investors are being admitted to the Partnership as limited partners in connection therewith.

Appears in 1 contract

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

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Public Cash Contribution. The Parties acknowledge that, in connection with the Offering, the publicpublic investors, through the Underwriters, has made shall make a capital contribution to the Partnership of $380,600,000.00 [ ] million in cash in exchange for 17,300,000 [ ] Common Units (the “Firm Units”) representing a 22.9[ ]% limited partner interest in the Partnership (such percentage assuming the Underwriters do not exercise the Over-Allotment Option), and new limited partners are being admitted to the Partnership in connection therewith.

Appears in 1 contract

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

Public Cash Contribution. The Parties acknowledge that, in connection with the Initial Public Offering, the publicpublic investors, through the Underwriters, has have made a capital contribution to the Partnership of approximately $380,600,000.00 [—] million in cash ($[—] million net to the Partnership after deducting the underwriting discounts and commissions of $[—] million and the Structuring Fee) in exchange for 17,300,000 [—] Common Units (the “Firm Units”) , representing a 22.9[—]% limited partner interest in the Partnership and new limited partners are being admitted to the Partnership in connection therewithPartnership.

Appears in 1 contract

Samples: Conveyance and Assumption (PennTex Midstream Partners, LP)

Public Cash Contribution. The Parties acknowledge that, in connection with the Offering, the publicpublic investors, through the Underwriters, has made shall make a capital contribution to the Partnership of $380,600,000.00 [ ] million in cash in exchange for 17,300,000 [ ] Common Units (the “Firm Units”) representing a 22.9[ ]% limited partner interest in the Partnership Partnership, and new limited partners are being admitted to the Partnership in connection therewith.

Appears in 1 contract

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

Public Cash Contribution. The Parties acknowledge that, in connection with the Offering, the publicpublic investors, through the Underwriters, has have made a capital contribution to the Partnership of $380,600,000.00 137,500,000 million in cash in exchange for 17,300,000 6,875,000 Common Units (the “Firm Units”) representing a 22.938.6% limited partner interest in the Partnership and new limited partners are being admitted to the Partnership in connection accordance therewith.

Appears in 1 contract

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

Public Cash Contribution. The Parties acknowledge that, in connection with the Offering, the publicpublic investors, through the Underwriters, has have made a capital contribution to the Partnership of $380,600,000.00 $ in cash in exchange for 17,300,000 Common Units (the “Firm Units”) representing a 22.9% limited partner interest in the Partnership Partnership, and new limited partners are being admitted to the Partnership in connection therewith.

Appears in 1 contract

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

Public Cash Contribution. The Parties acknowledge that, in connection with the Offering, the publicpublic investors, through the Underwriters, has have made a capital contribution to the Partnership of $380,600,000.00 [●] in cash in exchange for 17,300,000 [●] Common Units (the “Firm Units”) representing a 22.9an approximate [●]% limited partner interest in the Partnership (based on an aggregate of [●] Common Units and new limited partners are being admitted Subordinated Units to be outstanding after the Partnership in connection therewithcompletion of the Offering).

Appears in 1 contract

Samples: Contribution, Conveyance and Assumption Agreement (CNX Coal Resources LP)

Public Cash Contribution. The Parties acknowledge that, in connection with the Offering, the publicpublic investors, through the Underwriters, has have made a capital contribution to the Partnership of $380,600,000.00 [•] million in cash in exchange for 17,300,000 [•] Common Units (the “Firm Units”) representing a 22.9% [•]% limited partner interest in the Partnership and new limited partners are being admitted to the Partnership in connection accordance therewith.

Appears in 1 contract

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

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