Common use of ERISA and Pension Plans Clause in Contracts

ERISA and Pension Plans. (i) An ERISA Event shall have occurred that, in the reasonable opinion of the Lender, when taken together with all other ERISA Events that have occurred, could reasonably be expected to result in liability of the Borrower and its Subsidiaries in an aggregate amount exceeding (i) $300,000 in any year or (ii) $1,000,000 for all periods until repayment of all Obligations (other than Warrant Obligations).

ERISA and Pension Plans. (i) An ERISA Event shall have occurred that, in the reasonable opinion of the LenderMajority Lenders, when taken together with all other ERISA Events that have occurred, could reasonably be expected to result in liability of the Borrower and its Subsidiaries in an aggregate amount exceeding (i) $300,000 250,000 in any year or (ii) $1,000,000 500,000 for all periods until repayment of all Obligations (other than Warrant Obligations).

ERISA and Pension Plans. (i) An ERISA Event shall have occurred that, in the reasonable opinion of the Lender, when taken together with all other ERISA Events that have occurred, could reasonably be expected to result in liability of the Borrower and its Subsidiaries in an aggregate amount exceeding (i) $300,000 250,000 in any year or (ii) $1,000,000 500,000 for all periods until repayment of all Obligations (other than Warrant Obligations).

ERISA and Pension Plans. (i) An ERISA Event shall have occurred that, in the reasonable opinion of the LenderAdministrative Agent, when taken together with all other ERISA Events that have occurred, could reasonably be expected to result in liability of the Borrower and its Subsidiaries in an aggregate amount exceeding (i) $300,000 in any year or (ii) $1,000,000 2,500,000 for all periods until repayment of all the Obligations (other than Warrant Obligations)have been indefeasibly paid in full in cash.