Common use of Underwriters’ Cash Contribution Clause in Contracts

Underwriters’ Cash Contribution. The Parties acknowledge that the Underwriters have, pursuant to the Underwriting Agreement, made a capital contribution to the Partnership of $223,962,500.00 in cash ($210,647,129.33 net to the Partnership after the Underwriters’ discount of $13,315,371.00) in exchange for the issuance by the Partnership to the Underwriters of 10,925,000 Common Units, which includes 1,425,000 Common Units issued pursuant to the Underwriters full exercise of the Over-Allotment Option (collectively representing a 49.9% limited partner interest in the Partnership).

Appears in 2 contracts

Samples: Contribution Agreement, Contribution Agreement (Susser Holdings CORP)

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Underwriters’ Cash Contribution. The Parties acknowledge that the Underwriters have, pursuant to the Underwriting Agreement, made a capital contribution to the Partnership of $223,962,500.00 295,850,020 in cash ($210,647,129.33 net to after taking into account the Partnership after the Underwriters’ Underwriter’s discount of approximately $13,315,371.0018,049,980) in exchange for the issuance by the Partnership to the Underwriters of 10,925,000 Common Units, which includes 1,425,000 14,600,000 Common Units issued pursuant to the Underwriters full exercise (of the Over-Allotment which 13,050,000 are Firm Units and 1,550,000 are Option (collectively representing a 49.9% limited partner interest in the PartnershipUnits).

Appears in 2 contracts

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

Underwriters’ Cash Contribution. The Parties acknowledge that the Underwriters have, pursuant to the Underwriting Agreement, made a capital contribution to the Partnership of $223,962,500.00 312,800,000 in cash ($210,647,129.33 292,859,000 net to the Partnership after the Underwriters’ discount of $13,315,371.00Spread and the Structuring Fee) in exchange for the issuance by the Partnership to the Underwriters of 10,925,000 Common Units, which includes 1,425,000 18,400,000 Common Units issued pursuant to the Underwriters full exercise of the Over-Allotment Option (collectively representing a 49.9an approximate 24.8% limited partner interest in the PartnershipPartnership based upon the Underwriters’ exercise in full of the Over-Allotment Option).

Appears in 2 contracts

Samples: Contribution, Conveyance and Assumption Agreement (Inergy Midstream, L.P.), Contribution, Conveyance and Assumption Agreement (Inergy L P)

Underwriters’ Cash Contribution. The Parties acknowledge that the Underwriters have, pursuant to the Underwriting Agreement, have made a capital contribution to the capital of the Partnership in the amount of $223,962,500.00 171,120,000.00 in cash ($210,647,129.33 net which amount is less Spread payable to the Partnership after the Underwriters’ discount of $13,315,371.00) ), in exchange for the issuance by the Partnership to the Underwriters of 10,925,000 Common Units, which includes 1,425,000 11,500,000 Common Units issued pursuant to the Underwriters full exercise of the Over-Allotment Option (collectively representing a 49.9an approximate 81.6% limited partner interest in the Partnership).

Appears in 2 contracts

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

Underwriters’ Cash Contribution. The Parties acknowledge that the Underwriters have, pursuant to the Underwriting Agreement, made a capital contribution to the Partnership of approximately $223,962,500.00 262,500,000 in cash ($210,647,129.33 245,437,500 net to the Partnership after the Underwriters’ underwriting discount of $13,315,371.0015,487,500 and the Structuring Fee payable to Citigroup Global Markets Inc. and Barclays Capital Inc.) in exchange for the issuance by the Partnership to the Underwriters of 10,925,000 12,500,000 Common Units, which includes 1,425,000 Common Units issued pursuant to the Underwriters full exercise of the Over-Allotment Option (collectively representing a 49.935.32% limited partner interest in the Partnership).

Appears in 1 contract

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

Underwriters’ Cash Contribution. The Parties acknowledge that the Underwriters have, pursuant to the Underwriting Agreement, made a capital contribution to the Partnership of $223,962,500.00 309,375,000 in cash ($210,647,129.33 289,265,625 net to the Partnership after the Underwriters’ underwriting discount (the “Spread”) of $13,315,371.0018,562,500 and the structuring fee of $1,546,875 payable to UBS Securities LLC) in exchange for the issuance by the Partnership to the Underwriters of 10,925,000 18,750,000 Common Units, which includes 1,425,000 Common Units issued pursuant to the Underwriters full exercise of the Over-Allotment Option (collectively representing a 49.934.6224% limited partner interest in the Partnership).

Appears in 1 contract

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

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Underwriters’ Cash Contribution. The Parties acknowledge that the Underwriters havepublic, pursuant to through the Underwriting AgreementUnderwriters, has made a capital contribution to the Partnership of $223,962,500.00 97,200,000 in cash ($210,647,129.33 90,396,000 net to the Partnership after the Underwriters’ underwriting discount (the “Spread”) of $13,315,371.006,439,500 and the structuring fee of $364,500 payable to RBC Capital Markets, LLC) in exchange for the issuance by the Partnership to the Underwriters of 10,925,000 5,400,000 MLP Common Units, which includes 1,425,000 Common Units issued pursuant to the Underwriters full exercise of the Over-Allotment Option (collectively representing a 49.930.0% limited partner interest in the Partnership).

Appears in 1 contract

Samples: Assumption and Merger Agreement (Mid-Con Energy Partners, LP)

Underwriters’ Cash Contribution. The Parties acknowledge that the Underwriters have, pursuant to the Underwriting Agreement, made a capital contribution to the Partnership of approximately $223,962,500.00 180,000,000 in cash ($210,647,129.33 168,030,000 net to the Partnership after deducting the Underwriters’ discount underwriting discounts and commissions of $13,315,371.0011,250,000 and the Structuring Fee payable to Citigroup Global Markets Inc. and Xxxxx Fargo Securities, LLC) in exchange for the issuance by the Partnership to the Underwriters of 10,925,000 9,000,000 Common Units, which includes 1,425,000 Common Units issued pursuant to the Underwriters full exercise of the Over-Allotment Option (collectively representing a 49.936.1% limited partner interest in the Partnership).

Appears in 1 contract

Samples: Contribution, Conveyance and Assumption Agreement (Southcross Energy Partners, L.P.)

Underwriters’ Cash Contribution. The Parties acknowledge that the Underwriters have, pursuant to the Underwriting Agreement, made a capital contribution to the Partnership of approximately $223,962,500.00 250,000,000 in cash ($210,647,129.33 234,250,000 net to the Partnership after the Underwriters’ underwriting discount of $13,315,371.0015,125,000 and the Structuring Fee payable to Barclays Capital Inc.) in exchange for the issuance by the Partnership to the Underwriters of 10,925,000 12,500,000 Common Units, which includes 1,425,000 Common Units issued pursuant to the Underwriters full exercise of the Over-Allotment Option (collectively representing a 49.925.1% limited partner interest in the Partnership).

Appears in 1 contract

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

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