Common use of Pension Plans Clause in Contracts

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the termination of a Pension Plan if, as a result of such termination, Borrower or any member of its Controlled Group could be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien under Section 302(f) of ERISA with respect to a liability or obligation in excess of $150,000,000.

Appears in 7 contracts

Samples: Credit Agreement (APA Corp), Credit Agreement (APA Corp), Credit Agreement (Apache Corp)

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Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (a) the termination institution of any steps by Holdings, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, Borrower Holdings or any such member of its Controlled Group could be required to make a contribution to such Pension Plan, or would could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000; 1,000,000, or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section section 302(f) of ERISA with respect to a liability or obligation in excess of $150,000,000ERISA.

Appears in 6 contracts

Samples: Credit Agreement (Duane Reade Inc), Credit Agreement (Dri I Inc), Credit Agreement (Dri I Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the termination of a Pension Plan if, as a result of such termination, Borrower or any member of its Controlled Group could be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $US$150,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien under Section 302(f) of ERISA with respect to a liability or obligation in excess of $US$150,000,000.

Appears in 5 contracts

Samples: Credit Agreement (APA Corp), Credit Agreement (Apache Corp), Credit Agreement (APA Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the termination of a Pension Plan if, as a result of such termination, Borrower or any member of its Controlled Group could be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000100,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien under Section 302(f) of ERISA with respect to a liability or obligation in excess of $150,000,000100,000,000.

Appears in 5 contracts

Samples: Credit Agreement (Apache Corp), Credit Agreement (Apache Corp), Credit Agreement (Apache Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (a) the termination institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member of its Controlled Group could be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, Plan in excess of $150,000,00035,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section section 302(f) of ERISA with respect to the extent such action could reasonably be expected to have a liability or obligation in excess of $150,000,000Material Adverse Effect.

Appears in 5 contracts

Samples: Credit Agreement (Noble Energy Inc), 364 Day Credit Agreement (Noble Energy Inc), 364 Day Credit Agreement (Noble Energy Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (ai) the termination of a any Pension Plan if, as a result of such termination, the Borrower or any member Subsidiary of its Controlled Group could the Borrower would be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000; 1,000,000, or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section section 302(f) of ERISA with respect to a liability or obligation in an amount in excess of $150,000,0001,000,000.

Appears in 4 contracts

Samples: Term Loan Agreement (Specialty Foods Acquisition Corp), Term Loan Agreement (Specialty Foods Corp), Term Loan Agreement (Specialty Foods Acquisition Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (a) the termination institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member of its Controlled Group could be required to make a contribution to such Pension Plan, or would could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,0003,500,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section section 302(f) of ERISA with respect to a liability or obligation in excess of $150,000,000ERISA.

Appears in 3 contracts

Samples: Credit Agreement (Markwest Hydrocarbon Inc), Credit Agreement (Markwest Hydrocarbon Inc), Credit Agreement (Markwest Hydrocarbon Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the termination of a Pension Plan if, as a result of such termination, Borrower or any member of its Controlled Group could be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000the Threshold Amount; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien under Section 302(f) of ERISA with respect to a liability or obligation in excess of $150,000,000the Threshold Amount.

Appears in 3 contracts

Samples: Credit Agreement (Kinetik Holdings Inc.), Credit Agreement (Kinetik Holdings Inc.), Credit Agreement (Kayne Anderson Acquisition Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (ai) the termination of a any Pension Plan if, as a result of such termination, any Revolving Credit Borrower or any member of its Controlled Group could would be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000; 1,000,000, or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section section 302(f) of ERISA with respect to a liability or obligation in an amount in excess of $150,000,0001,000,000.

Appears in 3 contracts

Samples: Credit Agreement (Specialty Foods Corp), Revolving Credit Agreement (Specialty Foods Acquisition Corp), Revolving Credit Agreement (Specialty Foods Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the termination institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member of its Controlled Group could be required to make a contribution to such Pension Plan, or would could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,0001,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section section 302(f) of ERISA with respect to a liability or obligation in excess of $150,000,000ERISA.

Appears in 3 contracts

Samples: Credit Agreement (Vintage Petroleum Inc), Credit Agreement (Vintage Petroleum Inc), Credit Agreement (Vintage Petroleum Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (ai) the termination of a any Pension Plan if, as a result of such termination, the Borrower or any member of its Controlled Group could would be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000; 5,000,000, or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section 302(f) of ERISA with respect to a liability or obligation in an amount in excess of $150,000,0005,000,000.

Appears in 3 contracts

Samples: Credit Agreement (Charles River Laboratories Inc), Credit Agreement (Charles River Laboratories International Inc), Credit Agreement (Charles River Laboratories Holdings Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the termination institution of any steps by Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, Borrower or any such member of its Controlled Group could be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,00025,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien under Section 302(f) of ERISA with respect to a liability or obligation in excess of $150,000,000ERISA.

Appears in 2 contracts

Samples: Credit Agreement (Apache Corp), Credit Agreement (Apache Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (a) the termination institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member of its Controlled Group could be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, Plan in excess of $150,000,00050,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section 302(f) of ERISA with respect to the extent such action would reasonably be expected to cause a liability or obligation in excess of $150,000,000Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Cimarex Energy Co), Credit Agreement (Cimarex Energy Co)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the termination institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member of its Controlled Group could be required to make a contribution to such Pension Plan, or would could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000500,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section 302(f) of ERISA with respect to a liability or obligation in excess of $150,000,000ERISA.

Appears in 2 contracts

Samples: Credit Agreement (Metrocall Inc), Credit Agreement (Metrocall Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (ai) the termination of a any Pension Plan if, as a result of such termination, Borrower or any member of its Controlled Group could the Company would be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000; 5,000,000, or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section section 302(f) of ERISA with respect to a liability or obligation in an amount in excess of $150,000,0005,000,000.

Appears in 2 contracts

Samples: Credit Agreement (Formica Corp), Credit Agreement (Formica Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the termination institution of any steps by the Company, any ERISA Affiliate or any other Person to terminate a Pension Plan if, as a result of such termination, Borrower the Company or any member of its Controlled Group such ERISA Affiliate could be required to make a contribution to such Pension Plan, or would could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,0001,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section 302(f) of ERISA with respect to a liability or obligation in excess of $150,000,000ERISA.

Appears in 2 contracts

Samples: Credit Agreement (Andrew Corp), Credit Agreement (Andrew Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (ai) the termination of a any Pension Plan if, as a result of such termination, the Borrower or any member of its Controlled Group could would be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000; 10,000,000, or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section section 302(f) of ERISA with respect to a liability or obligation in an amount in excess of $150,000,00010,000,000.

Appears in 2 contracts

Samples: Credit Agreement (Decisionone Corp /De), Credit Agreement (Decisionone Corp /De)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (ai) the termination institution of any steps by the Parent, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, Borrower the Parent or any such member of its Controlled Group could be required to make a contribution to such Pension Plan, or would could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000; 1,000,000, or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section section 302(f) of ERISA with respect to a liability or obligation in excess of $150,000,000ERISA.

Appears in 1 contract

Samples: Credit Agreement (Graphic Packaging Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (ai) the termination of a any Pension Plan if, as a result of such termination, Borrower the Parent or any member of its Controlled Group could Subsidiaries would be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000; 3,000,000, or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section section 302(f) of ERISA with respect to a liability or obligation in an amount in excess of $150,000,0003,000,000.

Appears in 1 contract

Samples: Credit Agreement (Von Hoffmann Holdings Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (a) the termination institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member of its Controlled Group could be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, Plan in excess of $150,000,00050,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section section 302(f) of ERISA with respect to the extent such action could reasonably be expected to have a liability or obligation in excess of $150,000,000Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Noble Energy Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (a) the termination institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member of its Controlled Group could be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, Plan in excess of $150,000,00075,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section section 302(f) of ERISA with respect to the extent such action would reasonably be expected to cause a liability or obligation in excess of $150,000,000Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Noble Energy Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (ai) the termination of a any Pension Plan if, as a result of such termination, the Borrower or any member of its Controlled Group could would be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000; 7,500,000, or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section 302(f) of ERISA with respect to a liability or obligation in an amount in excess of $150,000,0007,500,000.

Appears in 1 contract

Samples: Credit Agreement (Mueller Holdings (N.A.), Inc.)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (ai) the termination institution of any steps by any Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, such Borrower or any such member of its Controlled Group could reasonably be expected to be required to make a contribution to such Pension Plan, or would could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000; 7,500,000, or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section 302(f) of ERISA with respect to a liability or obligation in excess of $150,000,000ERISA.

Appears in 1 contract

Samples: Credit Agreement (Triarc Companies Inc)

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Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (a) the termination institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member of its Controlled Group could be required to make a contribution to such Pension Plan, or would could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000; 1,000,000, or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section section 302(f) of ERISA with respect to a liability or obligation in excess of $150,000,000ERISA.

Appears in 1 contract

Samples: Credit Agreement (Duane Reade Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the termination institution of any steps by the Company, any ERISA Affiliate or any other Person to terminate a Pension Plan if, as a result of such termination, Borrower the Company or any member of its Controlled Group such ERISA Affiliate could be required to make a contribution to such Pension Plan, or would could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,0003,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section 302(f) of ERISA with respect to a liability or obligation in excess of $150,000,000ERISA.

Appears in 1 contract

Samples: Credit Agreement (Andrew Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (a) the termination institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member of its Controlled Group could be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, Plan in excess of $150,000,000100,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section section 302(f) of ERISA with respect to the extent such action would reasonably be expected to cause a liability or obligation in excess of $150,000,000Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Noble Energy Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the termination institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member of its Controlled Group could be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, Plan in excess of $150,000,000100,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section 302(fsection 303(k) of ERISA with respect to the extent such action would reasonably be expected to cause a liability or obligation in excess of $150,000,000Material Adverse Effect.

Appears in 1 contract

Samples: Term Loan Agreement (Noble Energy Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (a) the termination institution of any steps by the Borrower, any ERISA Affiliate or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member of its Controlled Group could be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, Plan in excess of $150,000,00050,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section 302(f303(k) of ERISA with respect to the extent such action would reasonably be expected to cause a liability or obligation in excess of $150,000,000Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Cimarex Energy Co)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (a) the termination institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member of its Controlled Group could be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, Plan in excess of $150,000,00075,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section section 302(f) of ERISA with respect to the extent such action could reasonably be expected to have a liability or obligation in excess of $150,000,000Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Noble Energy Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (ai) the termination institution of any steps by the Parent, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, Borrower the Parent or any such member of its Controlled Group could be required to make a contribution to such Pension Plan, or would could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000; 10,000,000, or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section section 302(f) of ERISA with respect to a liability or obligation in excess of $150,000,000ERISA.

Appears in 1 contract

Samples: Credit Agreement (Tower Automotive Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (a) the termination of a any Pension Plan if, as a result of such termination, Borrower or any member of its Controlled Group could the Company would be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000; 5,000,000, or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section 302(f) of ERISA with respect to a liability or obligation in an amount in excess of $150,000,0005,000,000.

Appears in 1 contract

Samples: Credit Agreement (Insilco Technologies Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (a) the termination of a any Pension Plan if, as a result of such termination, the Borrower or any member of its Controlled Group could would be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000; 5,000,000, or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section 302(f) of ERISA with respect to a liability or obligation in an amount in excess of $150,000,0005,000,000.

Appears in 1 contract

Samples: Credit Agreement (Advanstar Communications Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (ai) the termination of a any Pension Plan if, as a result of such termination, the Borrower or any member of its Controlled Group could would be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000; 1,0000, or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section section 302(f) of ERISA with respect to a liability or obligation in an amount in excess of $150,000,0001,000,000.

Appears in 1 contract

Samples: Security Agreement (Wilson Greatbatch Technologies Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (ai) the termination of a any Pension Plan if, as a result of such termination, Holdings or the Borrower or any member of its Controlled Group could would be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000; 10,000,000, or (bii) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section 302(f) of ERISA with respect to a liability or obligation in an amount in excess of $150,000,00010,000,000.

Appears in 1 contract

Samples: And Combined Credit Agreement (Merrill Corp)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (a) the termination institution of any steps by Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, Borrower or any such member of its Controlled Group could be required to make a contribution to such Pension Plan, or would could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000; 50,000, or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section 302(f) of ERISA with respect to a liability or obligation in excess of $150,000,000ERISA.

Appears in 1 contract

Samples: Credit Agreement (Energy Search Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: (a) the termination institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member of its Controlled Group could be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, Plan in excess of $150,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section 302(f430(k) of ERISA with respect the Code to the extent such action would reasonably be expected to cause a liability or obligation in excess of $150,000,000Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Noble Energy Inc)

Pension Plans. Any of the following events shall occur ------------- with respect to any Pension Plan: Plan (a) the termination of a any Pension Plan if, as a result of such termination, the Borrower or any member of its Controlled Group could would be required to make a contribution to such Pension Plan, or would reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,000; 5,000,000, or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section 302(f) of ERISA with respect to a liability or obligation in an amount in excess of $150,000,0005,000,000.

Appears in 1 contract

Samples: Credit Agreement (Advanstar Inc)

Pension Plans. Any of the following events shall occur with respect to any Pension Plan: Plan (a) the termination institution of any steps by the Borrower, any member of its Controlled Group or any other Person to terminate a Pension Plan if, as a result of such termination, the Borrower or any such member of its Controlled Group could be required to make a contribution to such Pension Plan, or would could reasonably expect to incur a liability or obligation to such Pension Plan, in excess of $150,000,0002,000,000; or (b) a contribution failure occurs with respect to any Pension Plan sufficient to give rise to a lien Lien under Section section 302(f) of ERISA with respect to a liability or obligation in excess of $150,000,000ERISA.

Appears in 1 contract

Samples: Credit Agreement (Markwest Hydrocarbon Inc)

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