Common use of ERISA Representation Clause in Contracts

ERISA Representation. Each of the Members represents, warrants and covenants to each other Member and to the Company that no portion of the assets being used by it to purchase and hold its percentage interests constitute assets of a plan within the meaning of Section 3(32) of ERISA.

Appears in 5 contracts

Sources: Limited Liability Company Agreement (Chatham Lodging Trust), Limited Liability Company Agreement (Chatham Lodging Trust), Limited Liability Company Agreement (Chatham Lodging Trust)

ERISA Representation. Each of the Members represents, warrants and covenants to each other Member Members and to the Company that no portion of the assets being used by it to purchase and hold its percentage interests Units constitute assets of a plan within the meaning of Section 3(32) of ERISA.

Appears in 3 contracts

Sources: Limited Liability Company Agreement (Keane Group, Inc.), Limited Liability Company Agreement (Keane Group, Inc.), Limited Liability Company Agreement (Albertsons Companies, Inc.)

ERISA Representation. Each of the Members Member represents, warrants and covenants to each other Member Members and to the Company that no portion of the assets being used by it to purchase and hold its percentage interests Percentage Interests constitute assets of a plan within the meaning of Section 3(32) of ERISA.

Appears in 1 contract

Sources: Operating Agreement (Gerova Financial Group LTD)

ERISA Representation. Each of the Members represents, warrants and covenants to each other Member Members and to the Company that no portion of the assets being used by it to purchase and hold its percentage interests constitute assets of a plan within the meaning of Section 3(32) of ERISA.

Appears in 1 contract

Sources: Operating Agreement (FUND.COM Inc.)