NGY definition

NGY has the meaning set forth in the Recitals.
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Examples of NGY in a sentence

  • Goodyear shall take all actions required so that eligible employees of NGY and its Subsidiaries shall receive service credit for all purposes under any successor employee benefit plans and arrangements sponsored by the Goodyear Group.

  • From and after the Closing Date, the coverage available under all insurance policies maintained by the SRI Group related to NGY and its Subsidiaries (but excluding, for the avoidance of doubt, any third party insurance policies held directly by NGY or any of its Subsidiaries) shall be for the benefit of the SRI Group and not for the benefit of any Goodyear Group Member or any of their respective Affiliates, including NGY and its Subsidiaries.

  • For the avoidance of doubt, for purposes of this Section 4.4(b), GDTNA shall be a Member of the SRI Group and not the Goodyear Group, and NGY and its Subsidiaries shall be Members of the Goodyear Group and not the SRI Group.

  • Goodyear and SRI shall negotiate the terms and conditions of the NGY Supply Agreement as soon as practicable after the date hereof (but in any case prior to the Closing Date).

  • For the avoidance of doubt, settlement of intercompany Indebtedness shall not include the payment of any amounts in respect of intercompany Accounts Receivable or accounts payable between NGY and its Subsidiaries and any other SRI Group Member, which shall remain outstanding and be paid in the Ordinary Course.

  • SRI shall deliver a true and complete copy of each such NGY Monthly Management Statement to Goodyear as soon as practicable following the preparation of each such NGY Monthly Management Statement, but in any event no later than twenty (20) Business Days following the last calendar day of the month in respect of which such NGY Monthly Management Statement was prepared.

  • The Parties hereby acknowledge that the calculation of the GDTNA Indebtedness Amount or the NGY Indebtedness Amount shall be calculated in good faith in accordance with the accounting principles used in the past by the Party responsible for calculating such amount pursuant to this Section 2.10.

  • For the avoidance of doubt, for purposes of this Section 4.4(a), GDTNA shall be a Member of the SRI Group and not the Goodyear Group, and NGY and its Subsidiaries shall be Members of the Goodyear Group and not the SRI Group.

  • If the employment of any employee of NGY or any of its Subsidiaries is terminated within twenty-four (24) months following the Closing, Goodyear shall cause NGY to pay such employee a severance benefit that shall in no event be less than, or paid later than, the severance benefit, if any, to which such employee would have been entitled if NGY’s severance plan, if any, as in effect immediately prior to the Closing, applied to such termination of employment.

  • To the Knowledge of SRI, there are no material structural defects in the NGY Real Property or material defects in the mechanical or building systems of the NGY Real Property.

Related to NGY

  • WFOE has the meaning set forth in the Preamble of this Agreement.

  • The Vendor means the person, firm, company or organization on whom the Purchase Order is placed and shall be deemed to include the vendor’s successors, representative heirs, executors and administrator as the case may be. It may also be referred to as Seller, Contractor or Supplier.

  • ECO means Engineering Change Orders.

  • BAM means Brookfield Asset Management Inc.;

  • SAI means Statement of Additional Information.