Common use of Employee Benefit Related Liabilities Clause in Contracts

Employee Benefit Related Liabilities. (i) Any one or more Termination Events occur which could reasonably be expected to subject Anixter or an ERISA Affiliate to a liability to pay more than US$25,000,000 in the aggregate, or (ii) the plan administrator of any Plan applies under Section 412(d) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either Anixter or any ERISA Affiliate to a liability of more than US$25,000,000 in the aggregate.

Employee Benefit Related Liabilities. (i) Any one or more Termination Events occur which could reasonably be expected to subject Anixter or an ERISA Affiliate to a liability to pay more than US$25,000,000 75,000,000 in the aggregate, or (ii) the plan administrator of any Plan applies under Section 412(d412(c) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either Anixter or any ERISA Affiliate to a liability of more than US$25,000,000 75,000,000 in the aggregate.

Employee Benefit Related Liabilities. (i) Any one or more Termination Events occur which could reasonably be expected to subject Anixter or an ERISA Affiliate to a liability to pay more than US$25,000,000 $2,000,000 in the aggregate, or ; (ii) the plan administrator of any Plan applies under Section 412(d) of the Code IRC for a waiver of the minimum funding standards of Section 412(a) of the Code IRC and the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either Anixter or any ERISA Affiliate to a liability of more than US$25,000,000 $2,000,000 in the aggregate.

Employee Benefit Related Liabilities. (i) Any one or more Termination Events occur which could reasonably be expected to subject Anixter or an ERISA Affiliate to a liability to pay more than US$25,000,000 75,000,000 in the aggregate, or (ii) the plan administrator of any Plan applies under Section 412(d80 412(c) of the Code for a waiver of the minimum funding standards of Section 412(a) of the Code and the substantial business hardship upon which the application for the waiver is based could reasonably be expected to subject either Anixter or any ERISA Affiliate to a liability of more than US$25,000,000 75,000,000 in the aggregate.