Common use of Mandatory Contribution Clause in Contracts

Mandatory Contribution. If the Class A Limited Partners receive a Liquidity Event Notice in respect of an IPO or Qualified IPO (a “Participation Event”), then (i) all Class A Limited Partners shall contribute all of their outstanding Class A Units, and (ii) the members of the General Partner shall contribute the General Partner, to the Class B Limited Partner in connection therewith at the instruction of the Class B Limited Partner pursuant to a Contribution Agreement that is in the form attached hereto as Exhibit B.

Appears in 3 contracts

Sources: Limited Partnership Agreement (Alta Mesa Holdings, LP), Limited Partnership Agreement (Alta Mesa Holdings, LP), Limited Partnership Agreement (Alta Mesa Holdings, LP)