Common use of Valuations Clause in Contracts

Valuations. All assumptions and methods used to determine the actuarial valuation of vested employee benefits under Pension Plans and the present value of assets of Pension Plans will be reasonable in the good faith judgment of the Company and will comply with all requirements of law.

Appears in 13 contracts

Samples: Note Purchase Agreement (Minerals Technologies Inc), Note Purchase Agreement (Selective Insurance Group Inc), Note Purchase Agreement (Western Gas Resources Inc)

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Valuations. All assumptions and methods used to determine the actuarial valuation of vested employee benefits under Pension Plans and the present value of assets of Pension Plans will shall be reasonable in the good faith judgment of the Company and will shall comply with all requirements of law.

Appears in 12 contracts

Samples: Note Purchase Agreement (Smithfield Foods Inc), Note Purchase Agreement (Smithfield Foods Inc), Note Purchase Agreement (Smithfield Foods Inc)

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Valuations. All assumptions and methods used to determine the actuarial valuation of vested employee benefits under Pension Plans and the present value of assets of Pension Plans will be reasonable in the good faith judgment of the Parent, the Company or the actuary engaged by the Parent or the Company, as the case may be, and will comply with all requirements of law.

Appears in 2 contracts

Samples: Note Purchase Agreement (Alleghany Corp /De), Note Purchase Agreement (Alleghany Corp /De)

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