Redemption of the Initial LP Interest from the Partnership and Return of Initial Capital Contribution. The Partnership hereby redeems the Initial LP Interest held by NuDevco Midstream Development and hereby refunds and distributes to NuDevco Midstream Development the initial contribution, in the amount of $980, made by NuDevco in connection with the formation of the Partnership, along with any interest or other profit that resulted from the investment or other use of such initial contribution.
Appears in 2 contracts
Sources: Contribution, Conveyance and Assumption Agreement (Marlin Midstream Partners, LP), Contribution, Conveyance and Assumption Agreement (Marlin Midstream Partners, LP)