Examples of Valero Member in a sentence
No Member Officer shall receive any stated salary from the Company or any of its Subsidiaries for his or her services as an Officer unless approved in writing by the Valero Member and the Darling Member.
Valero Member: The then current Chief Executive Officer of Valero Energy Corporation.
The Members expressly acknowledge and agree that any damages to the other Member or the Company as a result of a failure of the Darling Member or the Valero Member to observe the terms of this Section 5.4(a) will not include (i) any costs incurred by or allocated to the Company or a Member with respect to time spent by employees of the Company or a Member or any of their respective Affiliates or (ii) any treble, exemplary or punitive damages or any other damages that do not flow directly from such failure.
Such meetings may be called at any time by (i) the Darling Member, (ii) the Valero Member, (iii) a majority of the Managers or (iv) the holders of not less than a majority of the Units then-outstanding that are entitled to vote on the matter(s) to be considered.
Concurrently with the execution of this Agreement, the Company, the Valero Member and the Frontier Member shall execute and deliver to each other the JV Agreement.
Through the delivery of the certificates contemplated in Section 5.1, each of the Frontier Parties will, effective as of the Closing Date and not as of the date of this Agreement, represent and warrant to the Company and the Valero Member the matters set forth in Section 4.1, Section 4.2 and Section 4.3 below.
Except as otherwise expressly provided herein, this Agreement may be amended, modified or waived only with the written consent of the Frontier Member and the Valero Member, of if such amendment relates to any provision concerning the Real Property, by JML.
The Frontier Member and Valero Member acknowledge that the JV Agreement contemplates a contribution of the Real Property by the Frontier Member to the Company.
The Mediation shall take place in Houston, Texas and be administered by the Houston office of JAMS, unless otherwise agreed to in writing by the Darling Member and the Valero Member.
Through the delivery of the certificate contemplated in Section 5.1, the Frontier Member and/or JML, as the case may be, will, effective as of the Closing Date and not as of the date of this Agreement, represent and warrant to the Company and the Valero Member the matters set forth in Section 4.4 below.