data test; set peers5; 
if var1 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var2 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var3 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var4 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var5 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var6 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var7 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var8 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var9 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var10 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var11 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var12 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var13 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var14 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var15 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var16 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') 
then reducedname = catx(' ', OF var1-var16);
if var1 in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var2 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var3 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var4 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var5 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var6 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var7 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var8 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var9 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var10 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var11 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var12 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var13 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var14 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var15 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') AND
   var16 not in ('INC.','COMPANY','INC','GROUP','CORPORATION','&','LLC','LTD','THE', 'LTD.', 'HOLDINGS', 'CORP', 'PLC', 'CORP.') 
then reducedname = catx(' ', OF var2-var16);
run;