VGEI definition
Examples of VGEI in a sentence
The representations and warranties made by VGEI in Section 4.01 of the IFC Loan Agreement are true and correct in all material respects (except for any such representations and warranties which are qualified by their terms by a reference to materiality or material adverse affect, which representation as so qualified shall be true and correct in all respects).
All outstanding shares of VGEI Common Stock are duly authorized, validly issued, fully paid and nonassessable and not subject to preemptive rights.
Permit VGEI to change in any material way the nature or scope of the Project or change the nature of its present or contemplated business or operations.
Permit VGEI to reduce its working interest under the PSC below 30.35% during the exploration phase and below 28.07% during the production phase.
As of the date hereof 1,000 shares of VGEI Common Stock were issued and outstanding.
There are no pending, or to the best of Borrower's knowledge threatened, actions, claims, investigations, suits or proceedings by or before any governmental authority, arbitrator, court or administrative agency which could have a material adverse effect on the financial condition or operation of Borrower or VGEI other than those disclosed by Borrower to Lender in writing prior to the date hereof.
Borrower, VII and VGEI are each corporations, duly organized and existing and in good standing under the laws of the State of Delaware and are qualified or licensed to do business (and are in good standing as a foreign corporation, if applicable) in all jurisdictions in which such qualification or licensing is required or in which the failure to so qualify or to be so licensed could have a material adverse effect on Borrower, VII or VGEI.
Make any loans or advances to or investments in any person or entity, except any of the foregoing to VGEI and to the extent existing as of, and disclosed to Lender prior to, the date hereof.
Make any loans or advances to or investments in any person or entity, except any of the foregoing to, or in, VII or VGEI or to the extent existing as of, and disclosed to Lender prior to June 10, 2002.
There are no pending, or to the best of Borrower's knowledge threatened, actions, claims, investigations, suits or proceedings by or before any governmental authority, arbitrator, court or administrative agency which could have a material adverse effect on the financial condition or operation of Borrower, VII or VGEI other than those disclosed by Borrower to Agent in writing prior to the date hereof.