Termination of Pension Plans. The Company will not permit any employee benefit plan maintained by it to be terminated in a manner which could result in the imposition of a lien on any Property of the Company pursuant to Section 4068 of the Employee Retirement Income Security Act of 1974, as amended.
Appears in 10 contracts
Samples: Loan Agreement (York Water Co), Loan Agreement (York Water Co), Loan Agreement (York Water Co)
Termination of Pension Plans. The Company will not and will not permit any Subsidiary to permit any employee benefit plan maintained by it to be terminated in a manner which could result in the imposition of a lien on any Property property of the Company or any Subsidiary pursuant to Section 4068 of the Employee Retirement Income Security Act of 1974, as amended, if the enforcement of all such liens then in effect would have a material and adverse effect on the properties, business, prospects or the condition of the Company and its Subsidiaries.
Appears in 2 contracts
Samples: Note Agreement (Petroleum Heat & Power Co Inc), Petroleum Heat & Power Co Inc
Termination of Pension Plans. The Company will not and will not permit any Subsidiary to permit any employee benefit plan maintained by it to be terminated in a manner which could result in the imposition of a lien on any Property of the Company or any Subsidiary pursuant to Section 4068 of the Employee Retirement Income Security Act of 1974, as amendedERISA.
Appears in 2 contracts
Samples: Note Agreement (PLM Equipment Growth Fund), Note Agreement (Professional Lease Management Income Fund I LLC)
Termination of Pension Plans. The Company will not and will not permit any Subsidiary to permit any employee benefit plan maintained by it to be terminated in a manner which could result in the imposition of a lien on any Property property of the Company or any Subsidiary pursuant to Section 4068 of the Employee Retirement Income Security Act of 1974, as amended.
Appears in 1 contract
Termination of Pension Plans. The Company will not, and will not permit any Subsidiary to, permit any employee benefit plan maintained by it to be terminated in a manner which could result in the imposition of a lien on any Property property of the Company or any Subsidiary pursuant to Section 4068 of the Employee Retirement Income Security Act of 1974, as amendedERISA.
Appears in 1 contract
Termination of Pension Plans. The Company will not permit any employee benefit plan maintained by it to be terminated in a manner which could result in the imposition of a lien Lien on any Property of the Company pursuant to Section 4068 of the Employee Retirement Income Security Act of 1974, as amended.
Appears in 1 contract
Samples: Note Agreement (Nash Finch Co)
