Common use of Defined Benefit Pension Plans Clause in Contracts

Defined Benefit Pension Plans. The Borrower will not adopt, create, assume or become a party to any defined benefit pension plan, unless disclosed to the Lender pursuant to SECTION 5.10.

Appears in 1 contract

Samples: Revolving Credit and Security Agreement (Brauns Fashions Corp)

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Defined Benefit Pension Plans. The Neither the Borrower nor the Parent will not adopt, create, assume or become a party to any defined benefit pension plan, unless disclosed to the Lender pursuant to SECTION Section 5.10.

Appears in 1 contract

Samples: Credit and Security Agreement (Seair Group Inc)

Defined Benefit Pension Plans. The Borrower will not adopt, create, assume or become a party to any defined benefit pension plan, unless disclosed to the Lender pursuant to SECTION 5.10Section 5.12.

Appears in 1 contract

Samples: Credit and Security Agreement (Fourth Shift Corp)

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Defined Benefit Pension Plans. The Borrower Borrowers will not adopt, create, assume or become a party to any defined benefit pension plan, unless disclosed to the Lender pursuant to SECTION Section 5.10.

Appears in 1 contract

Samples: Credit and Security Agreement (Microtel International Inc)

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