Common use of Plan Terminations Clause in Contracts

Plan Terminations. Promptly and in any event within ten ------------------ Business Days after receipt thereof by any Loan Party or any of its ERISA Affiliates, copies of each notice from the PBGC stating its intention to terminate any Plan of any Loan Party or any of its ERISA Affiliates or to have a trustee appointed to administer any such Plan; provided that, with -------- ----- respect to the plan of an ERISA Affiliate that is not a Loan Party, such notice shall not be required if it is reasonably anticipated that such action will not result in liability of a Loan Party in excess of US$2,000,000.

Plan Terminations. Promptly and in any event within ten ------------------ Business ----------------- Days after receipt thereof by any Loan Party or any of its ERISA Affiliates, copies of each notice from the PBGC stating its intention to terminate any Plan of any Loan Party or any of its ERISA Affiliates or to have a trustee appointed to administer any such Plan; , provided that, with -------- ----- respect to the plan Plan of an ERISA Affiliate that is not a Loan Party, such notice shall not be required if it is reasonably anticipated that such action will not result in liability of a Loan Party in excess of US$$2,000,000.

Plan Terminations. Promptly and in any event within ten ------------------ 10 Business ----------------- Days after receipt thereof by any Loan Party or any of its ERISA Affiliates, copies of each notice from the PBGC stating its intention to terminate any Plan of any Loan Party or any of its ERISA Affiliates or to have a trustee appointed to administer any such Plan; provided that, with -------- ----- respect to the plan of an ERISA Affiliate that is not a Loan Party, such notice shall not be required if it is reasonably anticipated that such action will not result in liability of a Loan Party in excess of US$2,000,000.