Governmental Plan. Lessee is not and will not be a "governmental plan" within the meaning of Section 3(32) of ERISA and transactions by or with the Borrower Parties are not and will be not subject to state statutes applicable to Lessee regulating investments of and fiduciary obligations with obligations with respect to governmental plans.
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Sources: Loan Agreement (Alterra Healthcare Corp), Reimbursement Agreement (Alterra Healthcare Corp)
Governmental Plan. Lessee is not and will not be a "governmental plan" within the meaning of Section 3(32) of ERISA and transactions by or with the Borrower Parties Lessee are not and will be not subject to state statutes applicable to Lessee regulating investments of and fiduciary obligations with obligations with respect to governmental plans.
Appears in 1 contract