VRNO definition
Examples of VRNO in a sentence
VRNO owns the Louisiana Interests and VTDC owns the Houston Interests, in each case free and clear of all Encumbrances, other than transfer restrictions under applicable federal and state securities laws.
During the Employment Term, the Company agrees to pay the Executive a base salary (the “Base Salary”) at an annual rate of Three Hundred Eighty One Thousand One Hundred and Fifty Dollars ($381,150), payable semi-monthly in accordance with the regular payroll practices of the Company.
The parties acknowledge that VRNO, Valero Houston and Valero Louisiana are disregarded for federal income tax purposes as entities apart from VTDC; accordingly, references to VTDC in this Section include VRNO, Valero Houston or Valero Louisiana as the context requires.