Examples of GIP Entities in a sentence
GIP Entities hold 42,738,750 shares of our Class B common stock and 42,738,750 shares of our Class D common stock.
The GIP Entities have shared voting power and shared dispositive power over 42,738,750 Class A shares and 42,738,750 Class C shares.
As a result, the GIP Entities may be deemed to beneficially own the shares of Class A common stock or Class C common stock for which such Class B units or Class D units of Clearway Energy LLC, as applicable, are exchangeable.
Each of the GIP Entities has all partnership power and authority necessary to enter into and perform its obligations under the Transaction Documents to which it is a party and to conduct its business as currently conducted or as to be conducted at each Delivery Date, in each case in all material respects as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus.
The sale and issuance of (i) the Sponsor Units to the GIP Entities and Chesapeake Holdings and (ii) the Incentive Distribution Rights and the GP Interest to the General Partner are exempt from the registration requirements of the Securities Act and securities laws of any state having jurisdiction with respect thereto, and none of the Partnership Entities has taken or will take any action that would cause the loss of such exemption.
At each Delivery Date, the GIP Entities will own, collectively, 50% of the issued and outstanding limited liability company interests in Midstream Ventures, and Chesapeake Holdings will own 50% of the issued and outstanding limited liability company interests in Midstream Ventures.
For further information regarding material transactions between us and otherrelated persons, see “Certain Relationships and Related Person Transactions.”Class A Common Stock Class C Common Stock Common Stock Name of Beneficial Owner Number(1)% of Class ACommon Stock Number(1)% of Class C Common Stock % of Combined Voting Power(2) GIP Entities .
However, in spite of its resilience in providing employment and trade in the surrounding villages, its scale of activity is usually insufficient to generate surplus capital.
For further information regarding material transactions between us and other related persons, see ‘‘Certain Relationships and Related Person Transactions.’’ GIP Entities 42,738,750(3)1345 Avenue of the Americas, 30th FloorNew York, New York 1010555.3% 42,738,750(3)36.8%55.0%(4)The Vanguard Group .
Based upon information set forth in the Schedule 13D filed on September 10, 2018 by Global Infrastructure Investors III, LLC, Global Infrastructure GP III, L.P., GIP III Zephyr Acquisition Partners, L.P., and Clearway Energy Group LLC (collectively, GIP Entities).