Employee Benefit Plan Compliance. (i) Each Employee Benefit Plan (other than the Multiemployer Plans) has been administered substantially in accordance with its terms;
Employee Benefit Plan Compliance. The Company has no U.S. employees and no “employee benefit plan” (as defined under the Employee Retirement Income Security Act of 1974, as amended, and the regulations and published interpretations thereunder (collectively, “ERISA”)) established or maintained by the Company or its “ERISA Affiliates” (as defined below), is required to be in compliance with ERISA. “ERISA Affiliate” means, with respect to the Company, any member of any group of organizations described in Sections 414(b), (c), (m) or (o) of the Internal Revenue Code of 1986, as amended, and the regulations and published interpretations thereunder (the “Code”) of which the Company is a member. Each employee benefit plan established or maintained by the Company is in compliance with all applicable laws and regulations and the Closing of the Offering will not result in a Material Adverse Change on any employee benefit plan maintained or established by the Company, or the Company as a result thereof.
Employee Benefit Plan Compliance. (i) Neither Sheridan nor any corporation, trade, business, or entity under common control with Sheridan, within the meaning of Section 414(b), (c), (m), or (o) of the Code or Section 4001 of ERISA, ("Commonly Controlled Entity") contributes to or has an obligation to contribute to, nor has Sheridan or any Commonly Controlled Entity at any time within six years prior to the Closing Date contributed to or had an obligation to contribute to, a multiemployer plan within the meaning of Section 3(37) of ERISA or any plan subject to Title IV of ERISA; and
Employee Benefit Plan Compliance. The County shall in a timely fashion, comply, in all material respects with all requirements under any employee benefit plan in which the County or any of its employees participate.
Employee Benefit Plan Compliance. No material liabilities, other than for payment of benefits in the ordinary course, have been incurred with respect to the Employee Plans. Having made due inquiry, Sellers:
Employee Benefit Plan Compliance. The County has no funding deficiency with respect to any employee benefit plan and is otherwise in compliance with terms of any such plan in which the Issuer or any of its employees participate in which would materially adversely effect the County’s ability to perform its obligations hereunder or under any of the other Financing Documents. Neither the County nor any employee benefit plan maintained by the Issuer is subject to the Employee Retirement Income Security Act of 1974, as amended.
Employee Benefit Plan Compliance. Except as previously disclosed in writing to the Purchaser, the County has no funding liability or obligation currently due and payable with respect to any employee benefit plan which could reasonably be expected to result in a Material Adverse Effect. The County and each employee benefit plan is in compliance in all material respects with the terms of any such plan and applicable law related thereto. Neither the County nor a member of the Controlled Group is subject to ERISA or maintains a Plan.
Employee Benefit Plan Compliance. Except as previously disclosed in writing to the Purchaser, the Authority has no funding liability or obligation currently due and payable with respect to any employee benefit plan which could reasonably be expected to result in a Material Adverse Effect. The Authority and each employee benefit plan is in compliance in all material respects with the terms of any such plan and applicable law related thereto. Neither the Authority nor a member of the Controlled Group is subject to ERISA or maintains a Plan.
Employee Benefit Plan Compliance. (i) Neither Seller nor any corporation, trade, business, or entity under common control with Seller, within the meaning of Section 414(b), (c), (m), or (o) of the Code or Section 4001 of ERISA, ("Commonly Controlled Entity") contributes to or has an obligation to contribute to, nor has Seller or any Commonly Controlled Entity at any time within six years prior to the Closing Date contributed to or had an obligation to contribute to, a multiemployer plan within the meaning of Section 3(37) of ERISA or any plan subject to Title IV of ERISA; and
