Common use of ERISA Plans Clause in Contracts

ERISA Plans. (a) Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower has fulfilled its obligations, if any, under the minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any liability with respect to any Plan under Title IV of ERISA.

Appears in 27 contracts

Samples: Loan Agreement (Grand Canyon Education, Inc.), Loan Agreement (Insys Therapeutics, Inc.), Term Loan Agreement (Chase Corp)

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ERISA Plans. (a) Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower has fulfilled its obligations, if any, under the including all applicable minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any liability there have been no prohibited transactions with respect to any Plan under Title IV of ERISA(other than a multiemployer plan), which has resulted or could reasonably be expected to result in a material adverse effect.

Appears in 24 contracts

Samples: Guaranty and Collateral Agreement (American Rebel Holdings Inc), Loan Agreement (HireQuest, Inc.), Loan Agreement (Thorne Healthtech, Inc.)

ERISA Plans. (a) Each ERISA Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower has fulfilled its obligations, if any, under the minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any liability with respect to any Plan under Title IV of ERISA.

Appears in 3 contracts

Samples: Revolving Credit Agreement, Term Loan Agreement (Solarcity Corp), Revolving Credit Agreement (Solarcity Corp)

ERISA Plans. (a) Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has either: (i) received a favorable determination letter from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. , or (ii) is entitled to rely upon an IRS opinion letter stating that such Plan is qualified under Section 401(a) of the Code.. The Borrower has fulfilled its obligations, if any, under the minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any liability with respect to any Plan under Title IV of ERISA.

Appears in 2 contracts

Samples: Loan Agreement (Graham Corp), Loan Agreement (Graham Corp)

ERISA Plans. (a) Each Plan (other than a multiemployer planMultiemployer Plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter from the IRS and to the best knowledge of the BorrowerParent Guarantor, nothing has occurred which would cause the loss of such qualification. The Borrower Parent Guarantor has fulfilled its obligations, if any, under the minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any material liability with respect to any Plan under Title IV of ERISA.

Appears in 2 contracts

Samples: Loan Agreement (Martha Stewart Living Omnimedia Inc), Loan Agreement (Martha Stewart Living Omnimedia Inc)

ERISA Plans. (a) Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower has fulfilled its obligations, if any, under the including all applicable minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any liability there have been no prohibited transactions with respect to any Plan under Title IV of ERISA(other than a multiemployer plan), which has resulted or could reasonably be expected to result in a Material Adverse Effect.

Appears in 2 contracts

Samples: Loan Agreement (Advanced Energy Industries Inc), Credit Agreement (Nic Inc)

ERISA Plans. (a) Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower has fulfilled its obligations, if any, under the minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any liability with respect to any Plan under Title IV of ERISA.

Appears in 1 contract

Samples: Business Loan Agreement (Universal Electronics Inc)

ERISA Plans. (a) Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower has fulfilled its obligations, if any, under the minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any liability with respect to any Plan under Title IV of ERISA.

Appears in 1 contract

Samples: Business Loan Agreement (Media Arts Group Inc)

ERISA Plans. (a) Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter letter, or opinion letter, if applicable, from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower has fulfilled its obligations, if any, under the minimum funding standards of ERISA and the Code with respect to each PlanPlan subject to such standards, and has not incurred any liability with respect to any Plan under Title IV of ERISA.

Appears in 1 contract

Samples: Business Loan Agreement (Leapfrog Enterprises Inc)

ERISA Plans. (a) Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower has fulfilled its obligations, if any, under the minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any material liability with respect to any Plan under Title IV of ERISA.

Appears in 1 contract

Samples: Business Loan Agreement (Quidel Corp /De/)

ERISA Plans. (a) Each Plan (other than a multiemployer multiempioyer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower has fulfilled its obligations, if any, under the minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any liability with respect to any Plan under Title IV of ERISA.

Appears in 1 contract

Samples: Loan Agreement (Farr Co)

ERISA Plans. (a) Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter from the IRS and to the best knowledge of the BorrowerBorrowers, nothing has occurred which would cause the loss of such qualification. The Each Borrower has fulfilled its obligations, if any, under the minimum funding standards of ERISA and the Code with respect to each Plan, Plan and has not incurred any liability with respect to any Plan under Title IV of ERISA.

Appears in 1 contract

Samples: Business Loan Agreement (Bebe Stores Inc)

ERISA Plans. (a) a. Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower has fulfilled its obligations, if any, under the including all applicable minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any liability there have been no prohibited transactions with respect to any Plan under Title IV of ERISA(other than a multiemployer plan), which have resulted or could reasonably be expected to result in a material adverse effect.

Appears in 1 contract

Samples: Loan Agreement (Natures Sunshine Products Inc)

ERISA Plans. (a) a. Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower has fulfilled its obligations, if any, under the including all applicable minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any liability there have been no prohibited transactions with respect to any Plan under Title IV of ERISA(other than a multiemployer plan), which has resulted or could reasonably be expected to result in a material adverse effect.

Appears in 1 contract

Samples: Loan Agreement (Software Acquisition Group Inc.)

ERISA Plans. (a) Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter from the IRS United States Internal Revenue Service and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower and each Subsidiary has fulfilled its obligations, if any, under the minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any liability with respect to any Plan under Title IV of ERISA.

Appears in 1 contract

Samples: Loan Agreement (Vocus, Inc.)

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ERISA Plans. (a) Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter advisory or opinion letter, as applicable, from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower has fulfilled its obligations, if any, under the minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any liability with respect to any Plan under Title IV of ERISA.

Appears in 1 contract

Samples: Loan Agreement (DJSP Enterprises, Inc.)

ERISA Plans. (a) Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower has fulfilled its obligations, if any, under the including all applicable minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any liability there have been no prohibited transactions with respect to any Plan under Title IV of ERISA.(other than a multiemployer plan), which has resulted or could reasonably be expected to result in a material adverse effect,

Appears in 1 contract

Samples: Loan Agreement (Mimedx Group, Inc.)

ERISA Plans. (a) Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each To the extent applicable, each Plan has received a favorable determination letter from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower and each of its Subsidiaries has fulfilled its respective obligations, if any, under the minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any liability with respect to any Plan under Title IV of ERISA.

Appears in 1 contract

Samples: Business Loan Agreement (Fuel Tech N V)

ERISA Plans. (a) Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower has fulfilled its obligations, if any, under the including all applicable minimum funding standards of ERISA and the Code with respect to each Planstandards, and has not incurred any liability there have been no prohibited transactions with respect to any Plan under Title IV of ERISA(other than a multiemployer plan), which has resulted or could reasonably be expected to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Hooker Furniture Corp)

ERISA Plans. (a) Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower has fulfilled its obligations, if any, under the minimum funding standards of ERISA and the Code with respect to each Plan, Plan and has not incurred any liability with respect to any Plan under Title IV of ERISA.

Appears in 1 contract

Samples: Business Loan Agreement (Network Equipment Technologies Inc)

ERISA Plans. (a) Each Plan (other than a multiemployer multi-employer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower has fulfilled its obligations, if any, under the minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any liability with respect to any Plan under Title IV of ERISA.

Appears in 1 contract

Samples: Business Loan Agreement (Remedytemp Inc)

ERISA Plans. (a) Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISABRISA, the Code and other federal or state law. Each Plan has received a favorable determination letter from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower has fulfilled its obligations, if any, under the including all applicable minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any liability there have been no prohibited transactions with respect to any Plan under Title IV of ERISA(other than a multiemployer plan), which has resulted or could rea onably be expected to result in a material adverse effect.

Appears in 1 contract

Samples: Credit Agreement (Bowman Consulting Group Ltd.)

ERISA Plans. (a) Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state law. Each Plan has received a favorable determination letter from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower has fulfilled its obligations, if any, under the minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any liability with respect to any Plan under Title IV of ERISA.

Appears in 1 contract

Samples: Loan Agreement (Ducommun Inc /De/)

ERISA Plans. (a) Each Plan (other than a multiemployer plan) is in compliance in all material respects with the applicable provisions of ERISA, the Code and other federal or state lawLaw. Each Plan has received a favorable determination letter from the IRS and to the best knowledge of the Borrower, nothing has occurred which would cause the loss of such qualification. The Borrower has fulfilled its obligations, if any, under the minimum funding standards of ERISA and the Code with respect to each Plan, and has not incurred any liability with respect to any Plan under Title IV of ERISA.

Appears in 1 contract

Samples: Loan Agreement (Xeta Technologies Inc)

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