Common use of Purchase of Additional Common Units Clause in Contracts

Purchase of Additional Common Units. The underwriters of the Offering were granted a 30-day option (the "Option") to purchase up to 300,000 Common Units. If the Option is exercised the parties to this Agreement acknowledge that an additional cash contribution of $[ ] will be made from the public to MLP, through the underwriters, in exchange for 300,000 Common Units.

Appears in 1 contract

Sources: Closing Contribution, Conveyance and Assumption Agreement (Crosstex Energy Lp)

Purchase of Additional Common Units. The underwriters of the Offering were granted a 30-day option (the "Option") to purchase up to 300,000 Common Units. If the Option is exercised in full, the parties to this Agreement acknowledge that an additional cash contribution of $[ ] 5,580,000 will be made from the public to MLP, through the underwriters, in exchange for 300,000 Common Units.

Appears in 1 contract

Sources: Closing Contribution, Conveyance and Assumption Agreement (Crosstex Energy Lp)

Purchase of Additional Common Units. The underwriters of the Offering public offering referred to in Section 2.15 above were granted a 30-day option (the "Option") to purchase up to 300,000 600,000 Common Units. If the The Option is has been exercised and the parties to this Agreement acknowledge that an additional cash contribution of $[ ] will be made 12,900,000 from the public to the MLP, through the underwriters, in exchange for 300,000 600,000 Common Units.

Appears in 1 contract

Sources: Contribution, Conveyance and Assumption Agreement (Williams Energy Partners L P)