Common use of Pension Benefits Clause in Contracts

Pension Benefits. Neither the Borrower nor any Subsidiary maintains a "Plan" as defined in Section 3 of the Employees Retirement Income Security Act of 1974 ("ERISA"), or each such entity is in compliance with the minimum funding requirements with respect to any such "Plan" maintained by it and it has not incurred any material liability to the Pension Benefit Guaranty Corporation ("PBGC") or otherwise under ERISA in connection with any such Plan.

Pension Benefits. Neither the Borrower nor any Subsidiary maintains a "Plan" an employee benefits pension plan as defined in Section 3 3(3) of the Employees Employee Retirement Income Security Act of 1974 1974, as amended ("ERISA") (a "Plan"), or each such entity is in compliance with the minimum funding requirements with respect to any such "Plan" Plan maintained by it to the extent applicable, and it has not incurred any material liability to the Pension Benefit Guaranty Corporation ("PBGC"other than liability for premiums) or otherwise under ERISA in connection with any such Plan.

Pension Benefits. Neither the Borrower nor any Subsidiary maintains a "Plan" as defined in Section 3 3(3) of the Employees Employee Retirement Income Security Act of 1974 1974, as amended ("ERISA"), or each such entity is in compliance with the minimum funding requirements with respect to any such "Plan" maintained by it to the extent applicable, and it has not incurred any material liability to the Pension Benefit Guaranty Corporation ("PBGC") or otherwise under ERISA in connection with any such Plan.

Pension Benefits. Neither the Borrower nor any Subsidiary maintains a "Plan" Plan as defined in Section 3 3(3) of the Employees Retirement Income Security Act of 1974 ("ERISA"), or each such entity is in compliance with the minimum funding requirements with respect to any such "Plan" Plan maintained by it to the extent applicable, and it has not incurred any material liability to the Pension Benefit Guaranty Corporation ("PBGC"other than liability for premiums) or otherwise under ERISA in connection with any such Plan.