Common use of ERISA Notices and Requests Clause in Contracts

ERISA Notices and Requests. (a) With reasonable promptness, and in any event within 25 Business Days after occurrence of any of the following, Borrower will give notice of and/or deliver to Lender copies of: (i) the establishment of any new Pension Plan or Multiemployer Plan by any Obligor; (ii) the commencement of contributions to any Pension Plan or Multiemployer Plan to which any Obligor or any of its ERISA Affiliates was not previously contributing or any increase in the benefits of any existing Pension Plan or Multiemployer Plan; (iii) each funding waiver request filed with respect to any Pension Plan and all communications received or sent by any Obligor or any ERISA Affiliate with respect to such request; and (iv) the failure of any Obligor or ERISA Affiliate to make a required installment or payment to a Pension Plan under Section 302 of ERISA or Section 412 of the Code by the due date.

Appears in 4 contracts

Samples: Senior Loan Agreement (Centennial Sepcialty Foods Corp), Subordinated Loan Agreement (Security Associates International Inc), Subordinated Loan Agreement (Security Associates International Inc)

AutoNDA by SimpleDocs

ERISA Notices and Requests. (aA) With reasonable promptness, and in any event within 25 Business Days after occurrence of any of the following, Borrower Borrowers will give notice of and/or deliver to Lender Agent copies of: (i) the establishment of any new Pension Plan or Multiemployer Plan by any ObligorPlan; (ii) the commencement of contributions to any Pension Plan or Multiemployer Plan to which any Obligor Borrower or any of its ERISA Affiliates was not previously contributing or any increase in the benefits of any existing Pension Plan or Multiemployer Plan; (iii) each funding waiver request filed with respect to any Pension Plan and all communications received or sent by any Obligor Borrower or any ERISA Affiliate with respect to such request; and (iv) the failure of any Obligor Borrower or ERISA Affiliate to make a required installment or payment to a Pension Plan under Section 302 of ERISA or Section 412 of the Code by the due date.

Appears in 2 contracts

Samples: Loan Agreement (Security Associates International Inc), Loan Agreement (Security Associates International Inc)

ERISA Notices and Requests. (a) With reasonable promptness, and in any event within 25 Business Days 30 days after occurrence of any of the following, Borrower will give notice of and/or deliver to Lender Agent copies of: of (i) the establishment of any new Pension Plan or Multiemployer Plan by any ObligorPlan; (ii) the commencement of contributions to any Pension Plan or Multiemployer Plan to which any Obligor Borrower or any of its ERISA Affiliates was not previously contributing or any increase in the benefits of any existing Pension Plan or Multiemployer Plan; (iii) each funding waiver request filed with respect to any Pension Plan and all communications received or sent by any Obligor Borrower or any ERISA Affiliate with respect to such request; and (iv) the failure of Borrower or any Obligor or ERISA Affiliate to make a required installment or payment to a Pension Plan under Section 302 of ERISA or Section 412 of the Code by the due date.

Appears in 1 contract

Samples: Loan Agreement (Millers Mutual Fire Insurance Co)

ERISA Notices and Requests. (aA) With reasonable promptness, and in any event within 25 Business Days after occurrence of any of the following, Borrower will give notice of and/or deliver to Lender Agent copies of: (i) the establishment of any new Pension Plan or Multiemployer Plan by any ObligorPlan; (ii) the commencement of contributions to any Pension Plan or Multiemployer Plan to which Borrower or any Obligor of its Subsidiaries or any of its ERISA Affiliates was not previously contributing or any increase in the benefits of any existing Pension Plan or Multiemployer Plan; (iii) each funding waiver request filed with respect to any Pension Plan and all communications received or sent by Borrower or any Obligor of its Subsidiaries or any ERISA Affiliate with respect to such request; and (iv) the failure of Borrower or any Obligor of its Subsidiaries or ERISA Affiliate to make a required installment or payment to a Pension Plan under Section 302 of ERISA or Section 412 of the Code by the due date.

Appears in 1 contract

Samples: Loan Agreement (Security Associates International Inc)

AutoNDA by SimpleDocs

ERISA Notices and Requests. (a) With reasonable promptness, and in any event within 25 Business Days after occurrence of any of the following, Borrower Borrowers will give notice of and/or deliver to Lender Agent copies of: (i) the establishment of any new Pension Plan or Multiemployer Plan by any ObligorPlan; (ii) the commencement of contributions to any Pension Plan or Multiemployer Plan to which any Obligor Borrower or any of its ERISA Affiliates was not previously contributing or any increase in the benefits of any existing Pension Plan or Multiemployer Plan; (iii) each funding waiver request filed with respect to any Pension Plan and all communications received or sent by any Obligor Borrower or any ERISA Affiliate with respect to such request; and (iv) the failure of any Obligor Borrower or ERISA Affiliate to make a required installment or payment to a Pension Plan under Section 302 of ERISA or Section 412 of the Code by the due date.

Appears in 1 contract

Samples: Loan Agreement (Security Associates International Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.