Westvaco definition
Examples of Westvaco in a sentence
From and after the Effective Date this Agreement shall supersede any other agreement between the parties with respect to the subject matter hereof, other than the Westvaco Intellectual Property Agreement between the Executive and the Company.
Westvaco and each of its subsidiaries have paid (or Westvaco has paid or caused to be paid on its behalf) all Taxes shown as due on such Tax Returns, and the most recent financial statements contained in the Westvaco Filed SEC Documents reflect an adequate reserve in accordance with GAAP for all Tax liabilities of Westvaco and its subsidiaries for all taxable periods and portions thereof accrued through the date of such financial statements.
Subject to the Westvaco Stockholder Approval (as defined in Section 4.2(m)), Westvaco has all requisite corporate power and authority to consummate the transactions contemplated by this Agreement.
Notwithstanding the foregoing provisions of this Section 3.2(d)(i), the conversion and assumption provided in this Section 3.2(d) with respect to any Westvaco Option which qualifies as an "incentive stock option" (as defined in section 422 of the Code) shall be effected in a manner consistent with the requirements of section 424(a) of the Code.
Except as specifically disclosed in the Westvaco Filed SEC Documents, Westvaco and its subsidiaries are in compliance with the terms of the Westvaco Permits and all Applicable Laws relating to Westvaco and its subsidiaries or their respective business or properties, except where the failure to be in compliance with such Applicable Laws individually or in the aggregate would not have a material adverse effect on Westvaco.
Neither Westvaco nor any Westvaco subsidiary knows of, or has received notice of, any violation or default under (nor, to the knowledge of Westvaco, does there exist any condition that with the passage of time or the giving of notice or both would result in such a violation or default under) any Westvaco Material Contract.
The notice shall provide a period of not less than 30 days from the date the notice is delivered or mailed within which Mortgagor must pay all sums secured by this Mortgage.
To the knowledge of Westvaco, no fact or event has occurred since the date of any determination letter from the IRS that could affect adversely the qualified status of any such Westvaco Benefit Plan or the exempt status of any such trust except for facts or events that can be cured without any material liability on the part of Westvaco and its subsidiaries.
To the knowledge of Westvaco, compliance with all applicable Environmental Laws will not require Westvaco or any Westvaco subsidiary to incur costs, beyond those currently budgeted for the three Westvaco fiscal years beginning with November 1, 2000, that will be reasonably likely to result in a material adverse effect on Westvaco, including, but not limited to, the costs of pollution control equipment that are known or anticipated to be required in the future.
Neither Purchaser nor Westvaco nor any Shorewood Entity shall, without the prior consent of the others, make any public statement, announcement or release to trade publications or to the press, or make any statements to any competitor, customer or any third party, with respect to the JV Documents except to the extent that any party is advised by its counsel that a public statement is required by law, in which event such party may make appropriate public disclosure upon prior notice to the other parties.