HINDL definition
Examples of HINDL in a sentence
The Parties acknowledge and agree that, following the purchase of the Repurchased Units by HESM OpCo, at the Closing, ▇▇▇▇ Midstream shall cancel, for no consideration, an aggregate number of Class B Shares held by the General Partner, HINDL and/or GIP equal to the aggregate number of Repurchased Units repurchased by HESM OpCo hereunder in accordance with Section 5.5(e) of the HESM Company Agreement.
HIP LP hereby instructs the Partnership to issue the Closing Date Common Units, the Closing Date Subordinated Units and the Deferred Issuance Units, if any, in each case 50% directly to HINDL and 50% directly to GIP.
At the time of the Capital Contributions described in this Section 4.2(a)(iii), Hess TGP ▇▇▇▇▇ was wholly owned by HINDL and Hess TGP GP was wholly owned by Hess TGP ▇▇▇▇▇; as a result, each of them was a Disregarded Entity and the Partnership was also a Disregarded Entity.
HIP LP shall, in turn, distribute 50% of such amount to HINDL and 50% of such amount to GIP.
At each Delivery Date, HINDL will own 50% of the issued and outstanding limited partner interests in Hess Infrastructure Partners.
Upon any exercise of the Over-Allotment Option, the Partnership will distribute to each of HINDL and GIP an amount equal to 50% of any net cash proceeds from the sale of such Option Units.
HINDL owns its Class B Units free and clear of any Liens (other than Liens arising under securities laws).
As of the Company Measurement Date, each of HINDL and Affiliate(s) of Global Infrastructure Partners are the record and beneficial owners of 50% of the limited liability company interests of ▇▇▇▇ Infrastructure Partners GP LLC, which entity owns 100% of the limited partnership interests of the GP and 100% of the limited liability company interests of ▇▇▇▇ Midstream GP LLC, which entity is the sole general partner of the GP.
Upon the expiration of the Option Period, pursuant to Section 2.7, the Partnership shall issue directly to each of HINDL and GIP 50% of any Option Units not sold to the Underwriters pursuant to the Over-Allotment Option.
Upon the expiration of the Option Period, pursuant to Section 2.6, the Partnership shall issue directly to each of HINDL and GIP 50% of any Option Units not sold to the Underwriters pursuant to the Over-Allotment Option.