Examples of Carlyle PES in a sentence
As of the date hereof, an affiliate of the Carlyle Group, Carlyle PES, L.L.C., held 65.04% of the Parent’s equity, PES Equity Holdings held 32.52%, and certain current and former members of the Parent’s senior management team held the remaining 2.44%.
IPO, Carlyle PES, PES Equity and PES LLC agree that the Registration Rights Agreement, dated as of September 8, 2012, is hereby terminated as of the date hereof.
Each of PES LLC, Carlyle PES, PES Equity and the Management Members hereby consent to the transfer by Carlyle PES, through a series of transactions, of a certain number of its Common Units in PES LLC to the Selling Stockholders and the PES Investors Entities, to be effected in the Carlyle Agreements, with such consent effective immediately prior to the effective date of the Carlyle Agreements.
Id. Non-debtor Carlyle PES, LLC owns 65.04% of PES, with non-debtor PES Equity Holdings LLC owning 32.52%.
The Company will reimburse Employee, pursuant to its regular business practice, for reasonable, documented business expenses incurred in performing the Services (if any).
Id. Carlyle PES is part of The Carlyle Group, L.P.8 PES Equity Holdings, LLC, a wholly-owned subsidiary of Energy Transfer Partners, L.P.,9 owns thirty-two percent of PES, and senior management owns the remaining two percent.
The Transaction Parties shall, and shall cause Carlyle PES to, deliver to MLC any certification or other evidence requested from time to time by MLC in its reasonable discretion, confirming the Transaction Parties’ and Carlyle PES’ compliance with Section 11.14.
Carlyle PES, PES Equity and the Management Members desire to contribute their respective Common Units and Incentive Units in PES LLC, as applicable, to PESC Company, in exchange for limited partner interests in PESC Company (“Limited Partner Units”).
Carlyle PES and certain of its affiliates have entered into (a) the CEOF-PES IPO Agreement, dated as of [·], 2015 (the “CEOF Agreement”), and (b) the CEMOF-PES IPO Agreement, dated as of [·], 2015 (the “CEMOF Agreement” and, together with the CEOF Agreement, the “Carlyle Agreements” and the transactions contemplated by the Carlyle Agreements, the “Carlyle Transactions”), respectively.
Pursuant to the contributions set forth in Section 1.1 and Section 1.2, (a) each of Carlyle PES, PES Equity and the Management Members are admitted as a limited partner of PESC Company and cease to be members of PES LLC and (b) PESC Company is admitted as a member of PES LLC.