Sale of the Operating Company and the SRV and Lampung Promissory Note. Höegh LNG hereby (a) sells, assigns and transfers to the Partnership 100% of the equity interests in the Operating Company and (b) sells, assigns and transfers to the Partnership (without recourse or warranty other than as set forth in Article VI) the SRV and Lampung Promissory Note, in exchange for 2,116,060 Common Units, 13,156,060 Subordinated Units, the IDRs and the deferred issuance and distribution rights set forth in Section 4.1.
Appears in 2 contracts
Sources: Contribution, Purchase and Sale Agreement (Hoegh LNG Partners LP), Contribution, Purchase and Sale Agreement