Common use of Termination of Pension Plans Clause in Contracts

Termination of Pension Plans. The Company will not, and will not permit any Consolidated Subsidiary to, withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

Appears in 10 contracts

Samples: Note Agreement (Allied Capital Corp), Note Agreement (Allied Capital Corp), Note Agreement (Allied Capital Corp)

AutoNDA by SimpleDocs

Termination of Pension Plans. The Company Borrower will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property Property of the Company Borrower or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

Appears in 6 contracts

Samples: Revolving Credit Agreement (World Acceptance Corp), Revolving Credit Agreement (World Acceptance Corp), Revolving Credit Agreement (World Acceptance Corp)

Termination of Pension Plans. The Company will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in a withdrawal liability (as described in Part 1 of Subtitle E of Title IV of or ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA, which liability or Lien would have a Material Adverse Effect.

Appears in 6 contracts

Samples: Five Year Credit Agreement (Goodrich Corp), Three Year Credit Agreement (Goodrich Corp), Day Credit Agreement (Goodrich Corp)

Termination of Pension Plans. The Company will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

Appears in 6 contracts

Samples: Revolving Credit Agreement (Intertape Polymer Group Inc), Note Agreement (Cherry Corp), Credit Agreement (Intertape Polymer Group Inc)

Termination of Pension Plans. The Company will not, not and will not permit any Consolidated Restricted Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Restricted Subsidiary pursuant to Section 4068 of ERISA.

Appears in 4 contracts

Samples: Cabela’s Incorporated (Cabelas Inc), Guaranty Agreement (Universal Forest Products Inc), Guaranty Agreement (Universal Forest Products Inc)

Termination of Pension Plans. The Company will not, and will not permit any Consolidated Subsidiary to, withdraw from terminate any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could in a manner which would result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property Property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

Appears in 4 contracts

Samples: Note Agreement (Standard Management Corp), Note Agreement (Standard Management Corp), Note Agreement (Standard Management Corp)

Termination of Pension Plans. The Company will not, not and will not permit any Consolidated Subsidiary to, withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section section 4068 of ERISA, which withdrawal liability or Lien could reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Note Purchase Agreement (Meredith Corp), Note Purchase Agreement (Meredith Corp), Meredith Corp

Termination of Pension Plans. The Company Borrower will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property Property of the Company Borrower or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.. Section 8.20

Appears in 3 contracts

Samples: World Acceptance Corp, World Acceptance Corp, World Acceptance Corp

Termination of Pension Plans. The Company will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

Appears in 3 contracts

Samples: Credit Agreement (Commercial Metals Co), Credit Agreement (Commercial Metals Co), Commercial Metals Co

Termination of Pension Plans. The Company will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISAthe Employee Retirement Income Security Act of 1974, as amended) or the imposition of a Lien on any property Property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISAthe Employee Retirement Income Security Act of 1974, as amended.

Appears in 2 contracts

Samples: Note Agreement (Nash Finch Co), Note Agreement (Nash Finch Co)

Termination of Pension Plans. The Company will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA, which withdrawal liability or Lien could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Note Purchase Agreement (Meredith Corp), Note Purchase Agreement (Meredith Corp)

Termination of Pension Plans. The Company will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) in excess of $3,000,000 or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

Appears in 2 contracts

Samples: Note Agreement (Cleveland Cliffs Inc), Note Agreement (Cleveland Cliffs Inc)

Termination of Pension Plans. The Company will not, and will not permit any Consolidated Subsidiary to, withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 I of Subtitle E of Title IV of ERISA) or the imposition of a Lien lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

Appears in 1 contract

Samples: Trust Agreement (Diamond Foods Inc)

Termination of Pension Plans. The Company will not, not and will not permit any Consolidated Subsidiary to, ERISA Affiliate to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in a withdrawal liability (as described in Part 1 of Subtitle E of Title IV of or ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary ERISA Affiliate pursuant to Section 4068 of ERISA, which liability or Lien would have a Material Adverse Effect.

Appears in 1 contract

Samples: Five Year Credit Agreement (Goodrich Corp)

Termination of Pension Plans. The Company Borrower will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter Plan maintained by it to be terminated if such withdrawal or termination could will result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property Property of the Company Borrower or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

Appears in 1 contract

Samples: Credit Agreement (Telvent Git S A)

Termination of Pension Plans. (a) The Company will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

Appears in 1 contract

Samples: Note Agreement (Intertape Polymer Group Inc)

Termination of Pension Plans. The Company will not, not and ------------------------------------------ will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

Appears in 1 contract

Samples: U S Rentals Inc

Termination of Pension Plans. The Company Borrower will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property Property of the Company Borrower or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.. .......................61

Appears in 1 contract

Samples: World Acceptance Corp

Termination of Pension Plans. The Company will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in a withdrawal liability (as described in Part 1 of Subtitle E of Title IV of or ERISA) or the imposition of a Lien on any property Property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA, which liability or Lien would have a Material Adverse Effect.

Appears in 1 contract

Samples: Day Credit Agreement (Goodrich Corp)

Termination of Pension Plans. The Company will not, and will not permit any Consolidated Subsidiary to, withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in Material withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Material Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section section 4068 of ERISA.

Appears in 1 contract

Samples: Allied Capital Corp

Termination of Pension Plans. The Company will not, and will not permit any Consolidated Subsidiary of its Subsidiaries to, withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in material withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

Appears in 1 contract

Samples: Note Agreement (Shade Acquisition Inc)

Termination of Pension Plans. The Company Borrower will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property Property of the Company Borrower or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.. 53

Appears in 1 contract

Samples: Revolving Credit Agreement (World Acceptance Corp)

AutoNDA by SimpleDocs

Termination of Pension Plans. The Company will not, and will not permit any Consolidated Subsidiary to, withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

Appears in 1 contract

Samples: Allied Capital Corp

Termination of Pension Plans. The Company will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA. .Section 5.20.

Appears in 1 contract

Samples: Note Agreement (World Acceptance Corp)

Termination of Pension Plans. The Company will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 I of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

Appears in 1 contract

Samples: Note Agreement (Connecticut Water Service Inc / Ct)

Termination of Pension Plans. The Company will not, and will not permit any Consolidated Subsidiary to, withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.. Allied Capital Corporation 2003 Note Agreement

Appears in 1 contract

Samples: Note Agreement (Allied Capital Corp)

Termination of Pension Plans. The Company will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) in excess of $500,000 or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

Appears in 1 contract

Samples: Note Agreement (Wolverine World Wide Inc /De/)

Termination of Pension Plans. The Company will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 Part1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

Appears in 1 contract

Samples: Note Agreement (Allied Holdings Inc)

Termination of Pension Plans. The Company will not, not and ------------------------------------------- will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

Appears in 1 contract

Samples: Assumption Agreement (Bei Technologies Inc)

Termination of Pension Plans. The Company Borrower will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property Property of the Company Borrower or any Consolidated Subsidiary pursuant to Section 4068 of ERISA. .SECTION 8.20.

Appears in 1 contract

Samples: World Acceptance Corp

Termination of Pension Plans. The Company will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA. Section 5.13.

Appears in 1 contract

Samples: Note Agreement (California Water Service Co)

Termination of Pension Plans. The Company will not, not and will not permit any Consolidated Restricted Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) Withdrawal Liability or the imposition of a Lien on any property of the Company or any Consolidated Restricted Subsidiary pursuant to Section 4068 of ERISA.

Appears in 1 contract

Samples: Guaranty Agreement (Universal Forest Products Inc)

Termination of Pension Plans. The Company will not, not and will not permit any Consolidated Subsidiary to, to (a) withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 I of Subtitle E of Title IV of ERISA) which would have a material adverse effect on the financial condition or business of the Company and its Subsidiaries, taken as a whole or (b) terminate any Plan if such termination could result in the imposition of a Lien lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

Appears in 1 contract

Samples: Note Agreement (Semco Energy Inc)

Termination of Pension Plans. The Company will not, shall not and will shall not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability in excess of $50,000 (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 4608 of ERISA.

Appears in 1 contract

Samples: Note Agreement (CPS Systems Inc)

Termination of Pension Plans. The Company will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 of Subtitle E of Title IV of ERISA) or the imposition of a Lien on any property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA. .SECTION 5.20.

Appears in 1 contract

Samples: World Acceptance Corporation (World Acceptance Corp)

Termination of Pension Plans. The Company will not, not and will not permit any Consolidated Subsidiary to, to withdraw from any Multiemployer Plan to which it may hereafter contribute or permit any employee benefit plan hereafter maintained by it to be terminated if such withdrawal or termination could result in withdrawal liability (as described in Part 1 I of Subtitle E of Title IV of ERISA) or the imposition of a Lien lien, claim or encumbrance on any property Property of the Company or any Consolidated Subsidiary pursuant to Section 4068 of ERISA.

Appears in 1 contract

Samples: Kmart Corp

Time is Money Join Law Insider Premium to draft better contracts faster.