PE Units definition

PE Units is defined in the Recitals of this Agreement.
Sample 1Sample 2Sample 3
PE Units means units issued pursuant to the A&R Parsley LLC Agreement.
Sample 1Sample 2Sample 3
PE Units means Units (as defined in the PE LLC Agreement) of PE LLC having such rights, privileges and preferences of the “Units” as set forth in the PE LLC Agreement.
Sample 1Sample 2

Examples of PE Units in a sentence

  • For the avoidance of doubt, if a TRA Holder transfers PE Units but does not assign to the transferee of such PE Units, the rights of such TRA Holder under this Agreement with respect to such transferred PE Units, such TRA Holder shall continue to be entitled to receive the Tax Benefit Payments, if any, due hereunder with respect to, including any Tax Benefit Payments arising in respect of a subsequent Exchange of, such PE Units.

  • Notwithstanding anything to the contrary herein, in the event a TRA Holder transfers his PE Units to a Permitted Transferee (as defined in the Parsley Energy LLC Agreement), such TRA Holder shall have the right, on behalf of such transferee, to enforce the provisions of Sections 2.3, 4.2 or 6.2 with respect to such transferred PE Units.

  • The aggregate number of PE Units to be distributed to the members of Parsley LLC shall be determined by the Board of Managers of Parsley LLC and shall be set in a manner designed so that each PE Unit is economically equivalent to one share of Class A Common Stock, as described in the Registration Statement.

  • Of the aggregate consideration transferred, approximately $172.3 million in cash and approximately 4.9 million PE Units (and a corresponding approximately 4.9 million shares of Class B Common Stock) were deposited in an indemnity holdback escrow account.

  • Doctor Margie Andreae, Chair, provided the Relativity Assessment Workgroup (RAW) report: • Practice Expense (PE) Units Screen The Relativity Assessment Workgroup reviewed a practice expense screen: 2018 Medicare data with more than 1 median unit of service reported and direct practice expense supply item unit cost greater than $100 to see if there are any overlap in supplies.

  • Pursuant to that certain Master Reorganization Agreement, dated as of [—], 2014 (the “Master Reorganization Agreement”), by and among the Company, Parley LLC and the Existing Owners, certain of the Existing Owners will contribute all or a portion of the PE Units received by them in the Reorganization Transactions to the Company in exchange for Securities.

  • After giving effect to the Reorganization Transactions, the Company will own [ ]% of the issued and outstanding PE Units and the entities listed on Schedule E hereto will be the only direct or indirect subsidiaries (as defined in Rule 1-02(w) of Regulation S-X) of the Company (references herein to “Subsidiaries” refer to the Company’s indirect and direct subsidiaries as listed on Schedule E after giving effect to the Reorganization Transactions).

  • After giving effect to the Reorganization Transactions, the Company will own 72.7% of the issued and outstanding PE Units and the entities listed on Schedule E hereto will be the only direct or indirect subsidiaries (as defined in Rule 1-02(w) of Regulation S-X) of the Company (references herein to “Subsidiaries” refer to the Company’s indirect and direct subsidiaries as listed on Schedule E after giving effect to the Reorganization Transactions).

  • Preliminary Purchase Price Allocation The purchase price of the Double Eagle Acquisition is estimated at $2.8 billion and is comprised of the fair value of approximately 39.4 million shares of the Company’s Class B Common Stock and approximately 39.4 million associated PE Units issued to the selling shareholders of Double Eagle, with estimated value of $1.4 billion, along with $1.4 billion of cash paid to those same selling shareholders.

  • The aggregate consideration transferred was $2,578.1 million, subject to post-closing adjustments, which consisted of a combination of cash and PE Units (together with a corresponding number of shares of Class B Common Stock).


More Definitions of PE Units

PE Units means limited liability company interests in Parsley Energy LLC.
Sample 1
PE Units means the two process units to be constructed as part of the Project designed to produce together PE at the rate of at least 450,000 tonnes per annum;
Sample 1

Related to PE Units

  • Core Units means such Units of the Trust that are issued to Core Investors with the condition that these are not redeemable for a period of two years from the close of the First Offer Period. Such Units are transferable with this condition, but otherwise shall rank pari passu with all other Units, save for this restriction. Any transfer of the Core Units, during the first two years of their issue as mentioned herein, shall be affected only on the receipt by the Registrar of a written acceptance of this condition by the transferee.

  • Units means the units of the Company, each comprised of one share of Common Stock and one-half of one Warrant.

  • Initial Units means, with respect to any Initial Limited Partner, the aggregate number of Class A Units owned by such Initial Limited Partner as of the date of this Agreement.

  • Incentive Units means those Partnership Interests described in Section 2 of the Incentive Unit Agreement.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Common Units is defined in the Partnership Agreement.

  • Restricted Units has the meaning set forth in the recitals to this Award Agreement.

  • Class B Units means the Class B Units of the Company.

  • Class C Units The term "Class C Units" shall have the meaning set forth in the preface.

  • LTIP Units means LTIP Units, as such term is defined in the Partnership Agreement.

  • Partnership Units or “Units” has the meaning provided in the Partnership Agreement.

  • LP Units means the non-voting limited partnership units in the capital of BEP, other than the Preferred Units, including any LP Units issued pursuant to the Redemption-Exchange Mechanism.

  • Covered Units means: (i) during the period of the Employee’s employment with the Corporation, each business unit of the Corporation; and (ii) following the Employment Termination Date, each business unit of the Corporation in or for which the Employee was employed or to which the Employee provided services or about which the Employee obtained or had access to Confidential Information, in each case of this clause (ii) at any time within the twenty-four (24)-month period prior to the Employment Termination Date. The Employee acknowledges and agrees that if the Employee is or was employed at a segment level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of such segment; and if the Employee is or was employed at the corporate/headquarters level, the Employee is providing or has provided services to and for, and has obtained and has or had access to Confidential Information about, each business unit of the Corporation.

  • Share Units means the hypothetical Shares that are credited to the Share Unit Accounts in accordance with Section 5.3.

  • Class D Units has the meaning ascribed to such term in the LLC Agreement.

  • Class B Common Units has the meaning set forth in Section 1(a) hereof.

  • Private Units means (x) the Units purchased in the private placement taking place simultaneously with the consummation of the Company’s IPO and (y) the additional Units that may be purchased in connection with the exercise of the over-allotment option by the underwriters in the IPO as described in the Registration Statement; (vi) “Registration Statement” means the registration statement on Form S-1 filed by the Company with respect to the IPO; and (vii) “Trust Fund” shall mean the trust fund into which a portion of the net proceeds of the Company’s IPO will be deposited.

  • Restricted Share Units means an Award which may be earned in whole or in part upon the passage of time or the attainment of performance criteria established by the Administrator and which may be settled for cash, Shares or other securities or a combination of cash, Shares or other securities as established by the Administrator.

  • Class A Common Units means a Common Unit which is designated as a “Class A Common Unit” and which has the rights, preferences and other privileges designated in Annex A hereto and elsewhere in this Agreement in respect of holders of Common Units.

  • Class A Units means the Units of partnership interest in the Partnership designated as the “Class A Units” herein and having the rights pertaining thereto as are set forth in this Agreement.

  • Membership Units means the limited liability company interests in the Company held by the Members, expressed as a number of units held by each Member and set forth opposite such Member's name on Schedule I attached hereto, as amended, modified or supplemented from time to time.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Additional Units means such Units (as defined herein) as are issued in respect of Additional Securities."

  • Company Units has the meaning set forth in the Recitals.

  • LLC Units has the meaning set forth in the LLC Agreement.

  • Subordinated Units has the meaning assigned to such term in the Partnership Agreement.