Common use of Organizational Transactions Clause in Contracts

Organizational Transactions. In connection with the formation of the Partnership under the Delaware Act, the General Partner made an initial Capital Contribution to the Partnership in the amount of $10,000 and was admitted as the General Partner and NEE Equity made an initial Capital Contribution to the Partnership in the amount of $100 and was admitted as a Limited Partner of the Partnership.

Organizational Transactions. In connection with the formation of the Partnership under the Delaware Act, the General Partner made an initial Capital Contribution to the Partnership in the amount of $10,000 and was admitted as the General Partner of the Partnership, and NEE NextEra Energy Equity Partners, LP made an initial Capital Contribution to the Partnership in the amount of $100 10,000 and was admitted as a Limited Partner of the Partnership.