Common use of ERISA Liability Clause in Contracts

ERISA Liability. No Borrower Party shall, or shall cause or permit any ERISA Affiliate to, (a) cause or permit to occur any event that could result in the imposition of a Lien on any Borrower Party under Section 430 of the Code or Section 303 or 4068 of ERISA, or (b) cause or permit to occur an ERISA Event, that could reasonably be expected to result in a Lien on any Borrower Party or to have a Materially Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Fluent, Inc.), Credit Agreement, Credit Agreement (Cogint, Inc.)

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ERISA Liability. No Borrower Party shall, shall or shall cause or permit any ERISA Affiliate to, (a) cause or permit to occur any event that could result in the imposition of a Lien on any Borrower Party under Section 430 430(k) of the Code or Section 303 303(k) or 4068 of ERISA, or (b) cause or permit to occur an one or more ERISA EventEvents, in each case, that could reasonably be expected to result in a Lien on or material liability to any Borrower Party or to have a Materially Adverse EffectParty.

Appears in 2 contracts

Samples: Possession Credit Agreement, Possession Credit Agreement

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