Common use of Other ERISA Notices Clause in Contracts

Other ERISA Notices. Promptly and in any event within five Business Days after receipt of a written notice concerning the imposition or amount of withdrawal liability imposed on any Restricted Entity or any member of the Controlled Group pursuant to Section 4202 of ERISA by any Restricted Entity (or any Restricted Entity knows of the receipt of such notice by any member of the Controlled Group) from a Multiemployer Plan sponsor that could reasonably be expected to result in liability of any Restricted Entity in excess of $1,000,000, the US Borrower shall, and shall cause each of its respective Restricted Entities to, provide to the US Administrative Agent a copy of each such notice received by such Restricted Entity or any such member of the Controlled Group.

Appears in 3 contracts

Samples: Credit Agreement (NCS Multistage Holdings, Inc.), Credit Agreement (NCS Multistage Holdings, Inc.), Credit Agreement (NCS Multistage Holdings, Inc.)

AutoNDA by SimpleDocs

Other ERISA Notices. Promptly and in any event within five Business Days after receipt of a written notice concerning the imposition or amount of withdrawal liability imposed on any Restricted Entity or any member of the Controlled Group pursuant to Section 4202 of ERISA by any Restricted Entity (or any Restricted Entity knows know of the receipt of such notice by any member of the Controlled Group) from a Multiemployer Plan sponsor that could reasonably be expected to result in liability of any Restricted Entity in excess of $1,000,000, the US Borrower shall, and shall cause each of its respective Restricted Entities to, provide to the US Administrative Agent a copy of each such notice received by such Restricted Entity or any such member of the Controlled Group.

Appears in 1 contract

Samples: Credit Agreement (NCS Multistage Holdings, Inc.)

AutoNDA by SimpleDocs

Other ERISA Notices. Promptly and in any event within five Business Days after receipt of a written notice concerning the imposition or amount of withdrawal liability imposed on any Restricted Entity or any member of the Controlled Group pursuant to Section 4202 of ERISA by any Restricted Entity (or any Restricted Entity knows know of the receipt of such notice by any member of the Controlled Group) from a Multiemployer Plan sponsor that could reasonably be expected to result in liability of any Restricted Entity in excess of $1,000,000, the US Borrower shall, and shall cause each of its respective Restricted Entities to, provide to the US Administrative Agent a copy of each such notice received by such Restricted Entity or any such member of the Controlled Group.

Appears in 1 contract

Samples: Credit Agreement (NCS Multistage Holdings, Inc.)

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