Common use of Qualification of Plans Clause in Contracts

Qualification of Plans. A favorable determination as to the qualification under Section 401(a) of the Tax Code has been made by the Internal Revenue Service with respect to each Plan intended to be qualified under Section 401(a) of the Tax Code and, to the best knowledge of each of the Consolidated Companies, nothing has occurred since the date of such determination that could adversely affect such qualification.

Appears in 3 contracts

Samples: Credit and Term Loan Agreement (Catalina Lighting Inc), Revolving Credit and Term Loan Agreement (Catalina Lighting Inc), Revolving Credit and Term Loan Agreement (Catalina Lighting Inc)

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Qualification of Plans. A favorable determination as to the qualification under Section 401(a) of the Tax Code has been made by the Internal Revenue Service with respect to each Plan intended to be qualified under Section 401(a) of the Tax Code and, to the best knowledge of each of the Consolidated Companies, nothing has occurred since the date of such determination that could would adversely affect such qualification.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Conso International Corp), Note and Warrant Purchase Agreement (Conso International Corp)

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Qualification of Plans. A favorable determination as to the qualification under Section 401(a) of the Tax Code has been made by the Internal Revenue Service with respect to each Plan intended to be qualified under Section 401(a) of the Tax Code and, to the best knowledge of each of the Consolidated CompaniesCompany and its Subsidiaries, nothing has occurred since the date of such determination that could would adversely affect such qualification.

Appears in 1 contract

Samples: Revolving Credit Agreement (Nuco2 Inc /Fl)

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