ERISA Requirements. (a) Borrower will not engage in any transaction which would cause an obligation, or action taken or to be taken under this Loan Agreement (or the exercise by Lender of any of its rights under the Note, this Loan Agreement or any of the other Loan Documents) to be a non-exempt prohibited transaction under ERISA or Section 4975 of the Tax Code.
ERISA Requirements. Maintain responsibility for making reports and disclosures required by the Employee Retirement Income Security Act of 1974, as amended (“ERISA”), including the creation, distribution and final content of summary plan descriptions, summary of material modifications and summary annual reports.
ERISA Requirements. Each of the Company and the ERISA Affiliates:
ERISA Requirements. If this Agreement is determined to constitute part of an "employee benefit plan" established or maintained by the Employer subject to Title I of ERISA, then the Employer shall be solely responsible for assuring such employee benefit plan complies at all times with the requirements of Title I of ERISA. In such a case, the Employer (or a person designated by the Employer) will be the "plan administrator" of such employee benefit plan for purposes of ERISA. Neither the Custodian nor the Company will be the "plan administrator" of such employee benefit plan for purposes of ERISA.
ERISA Requirements. The following provisions are part of this agreement and are intended to meet the requirements of the Employee Retirement Income Security Act of 1974:
ERISA Requirements. If Owner is an employee benefit plan or a trust formed as a part of an employee benefit plan as defined in Section 3(3) of the Employee Retirement Income Security Act of 1974 check the following space: _____. If the space is checked, the provisions of Exhibit B attached to this Agreement are made a part of this Agreement by this reference. If the space is not checked Exhibit B shall not be applicable.
ERISA Requirements. 12 2.14 Pollution and Environmental Control; Hazardous Substances..........12 2.15
ERISA Requirements. 4 3.3 Investment in Company Stock............................................... 4 3.4
ERISA Requirements. (a) In investing and managing the assets of the Trust fund, each Fiduciary who has investment responsibility and authority will exercise the care, skill, prudence and diligence, under the circumstances then prevailing, which prudent persons, acting in like capacity and familiar with such matters, would use in the conduct of an enterprise of like character and with like aims.
ERISA Requirements. Borrower has not incurred any material accumulated funding deficiency within the meaning of ERISA, or incurred any material liability to the Pension Benefit Agreement Corporation established under ERISA (or any successor thereto under ERISA) in connection with any employee pension benefit plan established or maintained by it or by any Person under common control with any of them (within the meaning of Section 414(c) of the Internal Revenue Code of 1986, as amended, or of Section 4001(b) of ERISA), or in which employees of any of them are entitled to participate. No Reportable Event (as defined in ERISA) in connection with any such plan has occurred or is continuing, except as disclosed in writing to the Bank from time to time.
