Exercise of the Over-Allotment Option. The Parties acknowledge that in the event the Underwriters exercise their over-allotment option, the MLP shall contribute to the OLLC any net proceeds therefrom for debt repayment by the OLLC.
Appears in 2 contracts
Sources: Contribution, Conveyance and Assumption Agreement, Contribution, Conveyance and Assumption Agreement (Teekay LNG Partners L.P.)