Common use of Redemption of the Initial LP Interest from the Partnership and Return of Initial Capital Contribution Clause in Contracts

Redemption of the Initial LP Interest from the Partnership and Return of Initial Capital Contribution. The Partnership hereby redeems the Initial LP Interest held by CONE Gathering and hereby refunds and distributes to CONE Gathering the initial contribution, in the amount of $6,860, made by CONE Gathering in connection with the formation of the Partnership, along with any interest or other profit that resulted from the investment or other use of such initial contribution.

Appears in 3 contracts

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

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Redemption of the Initial LP Interest from the Partnership and Return of Initial Capital Contribution. The Partnership hereby redeems the Initial LP Interest held by CONE Gathering Xxxxxxxx 66 Company and hereby refunds and distributes to CONE Gathering Xxxxxxxx 66 Company the initial contribution, in the amount of $6,860980, made by CONE Gathering Xxxxxxxx 66 Company in connection with the formation of the Partnership, along with any interest or other profit that resulted from the investment or other use of such initial contribution.

Appears in 2 contracts

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

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