Valley Sample Clauses

Valley. This Section 4(g)(2) shall apply only if it has been previously determined that Section 4(g)(1) hereof does not apply. This Section 4(g)(2) shall then apply if the “Total Payments” (as defined in Section 4(g)(2)(i)) would be subject (in whole or part) to the “Excise Tax” (as defined in Section 4(g)(2)(i)) and the Total Payments are less than one-hundred-and-ten percent (110%) of the “Safe Harbor Amount” (as defined in Section 4(g)(1)).
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Valley. Valley hereby represents and warrants to Ramapo as follows:
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Valley. Valley hereby represents and warrants to Wayne as follows:
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Valley. This Section 9(b) shall apply only if it has been previously determined that Section 9(a) hereof does not apply. This Section 9(b) shall then apply if the “Total Payments” (as defined in Section 9(b)(i)) would be subject (in whole or part) to the “Excise Tax” (as defined in Section 9(b)(i)) and the Total Payments are less than one-hundred-and-ten percent (110%) of the “Safe Harbor Amount” (as defined in Section 9(a)).
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Valley. This Section 4(h)(2) shall apply only if it has been previously determined that Section 4(h)(1) hereof does not apply. This Section 4(h)(2) shall then apply if (A) the “Total Payments” (as defined in Section 4(h)(2)(i)) would be subject (in whole or part) to the “Excise Tax” (as defined in Section 4(h)(2)(i)), and (B) either (x) the Change in Control with respect to which the Total Payments become subject to the Excise Tax occurs on or before the fifth anniversary of the Effective Date and the Parachute Payments are less than one-hundred-and-ten percent (110%) of the “Safe Harbor Amount” (as defined in Section 4(h)(1)), or (y) the Change in Control with respect to which the Total Payments become subject to the Excise Tax occurs after the fifth anniversary of the Effective Date.
Sample 1
Valley. The following provision shall apply if the Date of Termination occurs after December 19, 2002.
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