PE Units definition
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.
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).
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).
As described above, on April 20, 2017, the Company and Parsley LLC completed the Double Eagle Acquisition for an aggregate purchase of approximately (i) $1.4 billion in cash and (ii) 39.8 million units of PE Units and a corresponding 39.8 million shares of the Company’s Class B Common Stock.
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.
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).
We also consider approaches for accomplishing all the subtasks [14] [15]arXiv:1708.04552, 2017.R. Raileanu, M.