Graph Interpolation Grammars are a declarative formalism with an operational semantics. Their goal is to emulate salient features of the human parser, and notably incrementality. The parsing process defined by GIGs incrementally builds a syntactic representation of a sentence as each successive lexeme is read. A GIG rule specifies a set of parse configurations that trigger its application and an operation to perform on a matching configuration. Rules are partly context-sensitive; furthermore, they are reversible, meaning that their operations can be undone, which allows the parsing process to be nondeterministic. These two factors confer enough expressive power to the formalism for parsing natural languages.