ERISA Plan Assets. The Borrower shall not and shall not permit any of its Subsidiaries to have any of their assets become subject to Title I of ERISA because they constitute "plan assets" within the meaning of the DOL Regulation Section 2510.3-101 and by reason of an investment in the Borrower or any Subsidiary.
Appears in 6 contracts
Samples: Revolving Credit Agreement (Felcor Suite Hotels Inc), Revolving Credit Agreement (Felcor Suite Hotels Inc), Revolving Credit Agreement (Felcor/Lax Holdings Lp)
ERISA Plan Assets. The Borrower shall not will not, and shall will not permit any of its Subsidiaries to Restricted Subsidiary to, have any of their its assets become subject to Title I of ERISA because they constitute "plan assets" within the meaning of the DOL Regulation Section 2510.3-101 and by reason of an investment in the Borrower or any Subsidiary.
Appears in 1 contract
Samples: Credit Agreement (Stewart & Stevenson Services Inc)
ERISA Plan Assets. The Borrower shall not and shall not permit have any of its Subsidiaries to have any of their assets become subject to Title I of ERISA because they constitute "“plan assets" ” within the meaning of the DOL Regulation Section 2510.3-101 and by reason of an investment in the Borrower or any SubsidiaryBorrower.
Appears in 1 contract
Samples: Loan Agreement (Behringer Harvard Opportunity REIT I, Inc.)
ERISA Plan Assets. The Borrower shall not will not, and shall will not permit any of its Subsidiaries to Restricted Subsidiary to, have any of their its assets become subject to Title I of ERISA because they constitute "“plan assets" ” within the meaning of the DOL Regulation Section 2510.3-101 and by reason of an investment in the Borrower or any Subsidiary.
Appears in 1 contract
Samples: Credit Agreement (Stewart & Stevenson Services Inc)
ERISA Plan Assets. The US Borrower shall not and shall not permit any of its Subsidiaries to have any of their assets become subject to Title I of ERISA because they constitute "plan assets" within the meaning of the DOL Regulation Section 2510.3-101 and by reason of an investment in the US Borrower or any Subsidiary.
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