VYGP definition

VYGP has the meaning specified in the first paragraph of this Agreement.
VYGP shall have the meaning set forth in the preamble to this Agreement.

Examples of VYGP in a sentence

  • VIGC agrees to use commercially reasonable efforts to cause to be transferred to, or as directed by, VYGP all director's qualifying or other shares of capital stock of any of the transferred Subsidiaries held as of the Distribution Date by persons who are not employees of VYGP.

  • The VIGC Majority Shareholders is of the opinion the Distribution will not have a material adverse effect on the financial viability of VIGC or of VYGP through the period ending July 31, 2000, and the Distribution is fair to the VIGC stockholders from a financial point of view.

  • On the Asset Transfer Date, VYGP shall, or shall cause its Subsidiaries to, employ each employee of the VYGP Business ("Transferred Employees") set forth on Schedule 9.1 hereto, and VIGC shall cause all such Transferred Employees to resign from all positions as officers or employees of VIGC and its Subsidiaries.

  • The plan administrator for the VYGP Savings Plan shall take any other action reasonably requested by the plan administrator for the VIGC Savings Plan that is necessary or advisable, in the opinion of the plan administrator for the VIGC Savings Plan, to maintain the tax-qualified status of the VIGC Savings Plan or to avoid the imposition of any penalties with respect to such plan.

  • However, the Agent shall have no liability in the event a purchase is not consummated by a Potential Investor for any reason.

  • Expenses shall be reimbursed or advanced when and as incurred promptly upon submission by VYGP or any VYGP Indemnified Party of statements to VIGC.

  • The original By-laws of VYGP were adopted on January 11, 1995 by written action of the sole incorporator of VYGP .

  • VYGP shall provide to the Transfer Agent sufficient certificates in such denominations as the Transfer Agent may request in order to effect the Distribution.

  • VIGC and VYGP shall each file promptly and timely the Tax Returns for such Transaction Taxes with the appropriate taxing authorities and remit payment of the Transaction Taxes.

  • VYGP (or the applicable VYGP Subsidiary) shall, as necessary, update the system used to keep such information in such timely manner as is required to administer the VIGC Plans.