Common use of ERISA Plan Assets Clause in Contracts

ERISA Plan Assets. The Company shall use reasonable best efforts to ensure that “benefit plan investors” hold less than twenty-five percent (25%) of each class of equity interests in the Company (determined in accordance with the Plan Assets Regulation).

Appears in 4 contracts

Samples: Limited Liability Company Agreement (TCW Direct Lending VIII LLC), Limited Liability Company Agreement (TCW Direct Lending VII LLC), Limited Liability Company Agreement (TCW Direct Lending VII LLC)

AutoNDA by SimpleDocs

ERISA Plan Assets. The Company shall use reasonable best efforts to ensure that “benefit plan investors” hold less than twenty-twenty five percent (25%) of each class of equity interests in the Company (determined in accordance with the Plan Assets Regulation).

Appears in 4 contracts

Samples: Limited Liability Company Agreement, Limited Liability Company Agreement (TCW Direct Lending LLC), Limited Liability Company Agreement (TCW Direct Lending LLC)

AutoNDA by SimpleDocs

ERISA Plan Assets. The Company shall use reasonable best efforts to ensure that “benefit plan investors” hold less than twenty-twenty- five percent (25%) of each class of equity interests in the Company (determined in accordance with the Plan Assets Regulation).

Appears in 2 contracts

Samples: Limited Liability Company Agreement (TCW Star Direct Lending LLC), Limited Liability Company Agreement (TCW Direct Lending VIII LLC)

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