Common use of Qualified Retirement Plans Clause in Contracts

Qualified Retirement Plans. Cause each Plan of the Company and any ERISA Affiliate in which any employees of the Company or any ERISA Affiliate participate that is subject to any provisions of ERISA and the documents and instruments governing each such Plan to be conformed to when necessary, and to be administered in a manner consistent with those provisions of ERISA and the Internal Revenue Code which may, from time to time, become effective and operative with respect to such Plans; and if requested by the holders of the Notes in writing from time to time, furnish to the holders of the Notes a copy of any annual report with respect to each such plan that the Company files with the Internal Revenue Service pursuant to ERISA. The Company will not, and will not permit any ERISA Affiliate to (i) engage in any "prohibited transaction," (ii) incur any "accumulated funding deficiency," whether or not waived (iii) terminate any Plan in a manner which could result in the imposition of a Lien on any property of the Company or any ERISA Affiliate, or (iv) incur any withdrawal liability in connection with any "multiemployer plan."

Appears in 1 contract

Samples: Note Purchase Agreement (Horizon Telecom Inc)

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Qualified Retirement Plans. Cause each Plan of the Company and any ERISA Affiliate in which any employees of the Company or any ERISA Affiliate participate participant that is subject to any the provisions of ERISA or the Internal Revenue Code and the documents and instruments governing each such Plan to be conformed to when necessary, and to be administered in a manner consistent with those provisions of ERISA and or the Internal Revenue Code which may, from time to time, become effective and operative with respect to such Plans; and if requested by the holders of the Notes in writing from time to time, furnish to the holders of the Notes a copy of any annual report with respect to each such plan that the Company files with the Internal Revenue Service pursuant to ERISA. The Company will not, and will not permit any ERISA Affiliate to (i) engage in any "prohibited transaction," (ii) incur any "accumulated funding deficiency," whether or not waived waived, (iii) terminate any Plan in a manner which could result in the imposition of a Lien lien on any property of the Company or any ERISA Affiliate, or (iv) incur any withdrawal liability in connection with any "multiemployer plan."

Appears in 1 contract

Samples: Note Purchase Agreement (Sheldahl Inc)

Qualified Retirement Plans. Cause each Plan of the Company and any ERISA Affiliate in which any employees of the Company or any ERISA Affiliate participate that is subject to any provisions of ERISA and the documents and instruments governing each such Plan to be conformed to when necessary, and to be administered in a manner consistent with those provisions of ERISA and the Internal Revenue Code which may, from time to time, become effective and operative with respect to such Plans; and if requested by the holders of the Notes in writing from time to time, furnish to the holders of the Notes a copy of any annual report with respect to each such plan that the Company files with the Internal Revenue Service pursuant to ERISA. The Company will not, and will not permit any ERISA Affiliate to (i) engage in any "prohibited transaction," (ii) incur any "accumulated funding deficiency," whether or not waived waived, (iii) terminate any Plan in a manner which could result in the imposition of a Lien on any property of the Company or any ERISA Affiliate, or (iv) incur any withdrawal liability in connection with any "multiemployer plan."

Appears in 1 contract

Samples: Note Purchase Agreement (Horizon Telcom Inc)

Qualified Retirement Plans. Cause each Plan of the Company and any ERISA Affiliate in which any employees of the Company or any ERISA Affiliate participate that is subject to any provisions of ERISA and the documents and instruments governing each such Plan to be conformed to when necessary, and to be administered in a manner consistent with those provisions of ERISA and the Internal Revenue Code which may, from time to time, become effective and operative with respect to such Plans; and if requested by the holders of the Notes in writing from time to time, furnish to the holders of the Notes a copy of any annual report with respect to each such plan that the Company files with the Internal Revenue Service pursuant to ERISA. The Company will not, and will not permit any ERISA Affiliate to (i) engage in any "prohibited transaction," ", (ii) incur any "accumulated funding deficiency," ", whether or not waived waived, (iii) terminate any Plan in a manner which could result in the imposition of a Lien lien on any property of the Company or any ERISA Affiliate, or (iv) incur any withdrawal liability in connection with any "" multiemployer plan."

Appears in 1 contract

Samples: Note Purchase Agreement (Horizon Telecom Inc)

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Qualified Retirement Plans. Cause each Plan of the Company and any ERISA Affiliate in which any employees of the Company or any ERISA Affiliate participate that is subject to any provisions of ERISA and the documents and instruments governing each such Plan to be conformed to when The Chillicothe Telephone Company Note Purchase Agreement necessary, and to be administered in a manner consistent with those provisions of ERISA and the Internal Revenue Code which may, from time to time, become effective and operative with respect to such Plans; and if requested by the holders of the Notes in writing from time to time, furnish to the holders of the Notes a copy of any annual report with respect to each such plan that the Company files with the Internal Revenue Service pursuant to ERISA. The Company will not, and will not permit any ERISA Affiliate to (i) engage in any "prohibited transaction," (ii) incur any "accumulated funding deficiency," whether or not waived waived, (iii) terminate any Plan in a manner which could result in the imposition of a Lien on any property of the Company or any ERISA Affiliate, or (iv) incur any withdrawal liability in connection with any "multiemployer plan."

Appears in 1 contract

Samples: Note Purchase Agreement (Horizon Telcom Inc)

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