Common use of Plan Withdrawals Clause in Contracts

Plan Withdrawals. The Parent or any member of the Controlled Group as employer under a Multiemployer Plan shall have made a complete or partial withdrawal from such Multiemployer Plan and such withdrawing employer shall have incurred a withdrawal liability in an annual amount exceeding $50,000,000.00;

Appears in 4 contracts

Samples: Credit Agreement (Helmerich & Payne, Inc.), Credit Agreement (Rowan Companies PLC), Credit Agreement (Rowan Companies PLC)

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Plan Withdrawals. The Parent or any member of the Controlled Group as employer under a Multiemployer Plan shall have made a complete or partial withdrawal from such Multiemployer Plan and such withdrawing employer as a result thereof, the Parent or any of its Subsidiaries shall have incurred a withdrawal liability in an annual amount exceeding obligation to pay money that would reasonably be expected to exceed $50,000,000.00;10,000,000; 101

Appears in 2 contracts

Samples: Credit Agreement (Jagged Peak Energy Inc.), Credit Agreement (Jagged Peak Energy Inc.)

Plan Withdrawals. The Parent or any member of the Controlled Group as employer under a Multiemployer Plan shall have made a complete or partial withdrawal from such Multiemployer Plan and such withdrawing employer shall have incurred a withdrawal liability in an annual amount exceeding $50,000,000.00;25,000,000.00; or

Appears in 2 contracts

Samples: 364 Day Credit Agreement (Helmerich & Payne Inc), Credit Agreement (Helmerich & Payne Inc)

Plan Withdrawals. The Parent Any Restricted Entity or any member of the Controlled Group as employer under a Multiemployer Plan shall have made a complete or partial withdrawal from such Multiemployer Plan and such withdrawing employer shall have incurred a withdrawal liability in an annual amount exceeding $50,000,000.002,500,000;

Appears in 2 contracts

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

Plan Withdrawals. The Parent or any member of the Controlled Group as employer under a Multiemployer Plan shall have made a complete or partial withdrawal from such Multiemployer Plan and such withdrawing employer as a result thereof, the Parent or any of its Subsidiaries shall have incurred a withdrawal liability in an annual amount exceeding obligation to pay money that would reasonably be expected to exceed $50,000,000.0020,000,000;

Appears in 2 contracts

Samples: Credit Agreement (Berry Petroleum Corp), Credit Agreement (Berry Petroleum Corp)

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Plan Withdrawals. The Parent or any member of the Controlled Group as employer under a Multiemployer Plan shall have made a complete or partial withdrawal from such Multiemployer Plan and such withdrawing employer shall have incurred a withdrawal liability in an annual amount exceeding $50,000,000.00;; or

Appears in 1 contract

Samples: Credit Agreement (Helmerich & Payne Inc)

Plan Withdrawals. The Parent Any Restricted Entity or any member of the Controlled Group as employer under a Multiemployer Plan shall have made a complete or partial withdrawal from such Multiemployer Plan and such withdrawing employer shall have incurred a withdrawal liability in an annual amount exceeding $50,000,000.005,000,000;

Appears in 1 contract

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

Plan Withdrawals. The Parent or any member of the Controlled Group as employer under a Multiemployer Plan shall have made a complete or partial withdrawal from such Multiemployer Plan and such withdrawing employer shall have incurred a withdrawal liability in an annual amount exceeding $50,000,000.00100,000,000.00;

Appears in 1 contract

Samples: Credit Agreement (Rowan Companies PLC)

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