PEG LP definition
Examples of PEG LP in a sentence
For 2013, the Annual Bonus shall not be pro-rated and shall take into account the Executive’s prior service with PEG LP and its Affiliates.
For purposes of the foregoing, “Average Bonus Amount” means the average of the most recent two Annual Bonus amounts paid to the Executive (including such amounts paid by PEG LP in relation to the Executive’s service as an employee of PEG LP prior to the Effective Date).
The Parties will complete the purchase and sale within thirty (30) days following receipt of PEG Inc.’s initial notice to PEG LP.
In connection with and in consideration of the transactions contemplated by Article I hereof, PEG LP hereby assigns and transfers to PEG Inc., and PEG Inc.
For the avoidance of doubt, PEG LP may determine, in its sole discretion based on its own business considerations, to take any such action.
Unless a First Rights PEG LP Offer is rejected pursuant to written notice from PEG LP delivered to PEG Inc.
PEG LP will exercise commercially reasonable efforts to promptly transfer and assign to PEG Inc.
The allocation of costs and expenses attributable to PEG LP shall be calculated in accordance with the methodology set forth on Exhibit A.
Notwithstanding any other provision of this Agreement to the contrary, (i) prior to the occurrence of the Employee Integration, all personnel performing the PEG LP Services shall perform such services under the direction and supervision of PEG LP and its subsidiaries and shall at all times remain employees or independent contractors, as the case may be, of PEG LP or one of its subsidiaries (other than PEG Inc.) or a third party and shall not become or be deemed to be employees of PEG Inc.
Services or the PEG LP Services, as applicable, deemed to confer on any Party any expressed or implied right, power or authority to enter into any agreement or commitment, express or implied, or to incur any obligation or liability on behalf of any other Party, except as expressly authorized in writing.