Common use of Issuance of Additional Common Units Clause in Contracts

Issuance of Additional Common Units. Upon the expiration of the Option Period, the Partnership will issue to Marketing LLC a number of additional Common Units that is equal to the excess, if any, of (x) [ ] over (y) the aggregate number of Common Units, if any, actually purchased by and issued to the Underwriters pursuant to each exercise of the Over-Allotment Option.

Appears in 3 contracts

Sources: Contribution, Conveyance and Assumption Agreement, Contribution, Conveyance and Assumption Agreement (Delek Logistics Partners, LP), Contribution, Conveyance and Assumption Agreement (Delek Logistics Partners, LP)