Common use of Termination of Plans Clause in Contracts

Termination of Plans. Promptly and in any event within two Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 14 contracts

Samples: Credit Agreement (Gastar Exploration Inc.), Credit Agreement (Gastar Exploration LTD), Credit Agreement (Resaca Exploitation, Inc.)

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Termination of Plans. Promptly and in any event within two five (5) Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, the Credit Parties shall provide to the Administrative Agent copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 11 contracts

Samples: Credit Agreement (Hi-Crush Inc.), Credit Agreement (Hi-Crush Inc.), Possession Credit Agreement (Hi-Crush Inc.)

Termination of Plans. Promptly and in any event within two five Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 10 contracts

Samples: Credit Agreement (HF Sinclair Corp), Credit Agreement (Holly Energy Partners Lp), Credit Agreement (Holly Energy Partners Lp)

Termination of Plans. Promptly and in any event within two 10 Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, the Credit Parties shall provide to the Administrative Agent copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 9 contracts

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

Termination of Plans. Promptly and in any event within two Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 8 contracts

Samples: Credit Agreement (Stone Energy Corp), Credit Agreement (Stone Energy Corp), Credit Agreement (Ram Energy Inc/Ok)

Termination of Plans. Promptly and in any event within two five Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, the Credit Parties shall provide to the Administrative Agent copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;.

Appears in 8 contracts

Samples: Credit Agreement (Nine Energy Service, Inc.), Credit Agreement (Nine Energy Service, Inc.), Credit Agreement (Nine Energy Service, Inc.)

Termination of Plans. Promptly and in any event within two Business Days after (i) receipt thereof by the Borrower from the PBGC, or (ii) the Borrower acquires knowledge of any member of the Controlled Group member's receipt thereof from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 6 contracts

Samples: Credit Agreement (Callon Petroleum Co), Credit Agreement (Abraxas Energy Partners LP), Credit Agreement (Abraxas Energy Partners LP)

Termination of Plans. Promptly and in any event within two Business Days after (i) receipt thereof by the Borrower Borrower, any Guarantor or any member of their respective Subsidiaries from the PBGC, or (ii) the Borrower acquires knowledge of any other Controlled Group member’s receipt thereof from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 6 contracts

Samples: Credit Agreement (Continental Resources Inc), Credit Agreement (Edge Petroleum Corp), Credit Agreement (Continental Resources Inc)

Termination of Plans. Promptly and in any event within two five Business Days after receipt thereof by the Borrower or any member of the Controlled Group of a notice from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group PBGC of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan, the Credit Parties shall provide to the Administrative Agent a copy of such notices;

Appears in 6 contracts

Samples: Credit Agreement (Aly Energy Services, Inc.), Credit Agreement (Aly Energy Services, Inc.), Credit Agreement (Aly Energy Services, Inc.)

Termination of Plans. Promptly and in any event within two five Business Days after receipt thereof by the a Borrower or any member of the Controlled Group from the PBGC, the Company shall provide to the Administrative Agents copies of each notice received by the Borrower Company or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 5 contracts

Samples: Credit Agreement (Complete Production Services, Inc.), Credit Agreement (Complete Production Services, Inc.), Credit Agreement (Complete Production Services, Inc.)

Termination of Plans. Promptly and in any event within two five Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, the Borrower shall provide to the Administrative Agent copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 5 contracts

Samples: Credit Agreement (Heckmann Corp), Credit Agreement (Heckmann Corp), Credit Agreement (Flotek Industries Inc/Cn/)

Termination of Plans. Promptly and in any event within two Business Days after (i) receipt thereof by the Borrower from the PBGC, or (ii) the Borrower acquires knowledge of any member of the Controlled Group member’s receipt thereof from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 4 contracts

Samples: Credit Agreement (Callon Petroleum Co), Credit Agreement (Abraxas Petroleum Corp), Credit Agreement (Abraxas Petroleum Corp)

Termination of Plans. Promptly and in any event within two seven (7) Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, the Credit Parties shall provide to the Administrative Agent copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 4 contracts

Samples: Credit Agreement (Carbo Ceramics Inc), Credit Agreement (Carbo Ceramics Inc), Credit Agreement (Carbo Ceramics Inc)

Termination of Plans. Promptly and in any event within two ten Business Days after receipt thereof by the Borrower Company or any member of the Controlled Group from the PBGC, copies of each notice received by the Borrower Company or any such member of the Controlled Group of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 4 contracts

Samples: Credit Agreement (Global Industries LTD), Credit Agreement (Global Industries LTD), Credit Agreement (Global Industries LTD)

Termination of Plans. Promptly and in any event within two five Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 4 contracts

Samples: Credit Agreement (Alta Mesa Holdings, LP), Credit Agreement (Alta Mesa Holdings, LP), Credit Agreement (Alta Mesa Holdings, LP)

Termination of Plans. Promptly and in any event within two Business Days after receipt thereof by the any Borrower or any member of the Controlled Group ERISA Affiliate from the PBGC, copies of each notice received by the any Borrower or any such member of the Controlled Group ERISA Affiliate of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 4 contracts

Samples: Credit Agreement (Contango Oil & Gas Co), Credit Agreement (Contango Oil & Gas Co), Credit Agreement (Mariner Energy Inc)

Termination of Plans. Promptly and in any event within two five Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, the Credit Parties shall provide to the Administrative Agent copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 3 contracts

Samples: Credit Agreement (Nine Energy Service, Inc.), Credit Agreement (Forum Energy Technologies, Inc.), Credit Agreement (Forum Energy Technologies, Inc.)

Termination of Plans. Promptly and in any event within two 5 Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 3 contracts

Samples: Credit Agreement (Carriage Services Inc), Revolving Credit Agreement (McDermott International Inc), Credit Agreement (Carriage Services Inc)

Termination of Plans. Promptly and in any event within two (2) Business Days after (i) receipt thereof by the Borrower from the PBGC, or (ii) the Borrower acquires knowledge of any member of the Controlled Group member's receipt thereof from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 3 contracts

Samples: Credit Agreement (Isramco Inc), Credit Agreement (Abraxas Petroleum Corp), Credit Agreement (Abraxas Petroleum Corp)

Termination of Plans. Promptly and in any event within two five Business Days after receipt thereof by the any Borrower or any member of the Controlled Group from the PBGC, copies of each notice received by the such Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 3 contracts

Samples: Secured Credit Agreement (Cross Border Resources, Inc.), Secured Credit Agreement (Red Mountain Resources, Inc.), Secured Credit Agreement (Cross Border Resources, Inc.)

Termination of Plans. Promptly and in any event within two ten Business Days after the knowledge of any Responsible Officer of any Borrower of receipt thereof by the such Borrower or any member of the Controlled Group from the PBGC, copies of each notice received by the such Borrower or any such member of the Controlled Group of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 2 contracts

Samples: Credit Agreement (Schweitzer Mauduit International Inc), Credit Agreement (Schweitzer Mauduit International Inc)

Termination of Plans. Promptly and in any event within two (2) Business Days after (i) receipt thereof by the Borrower from the PBGC, or (ii) the Borrower acquires knowledge of any member of the Controlled Group member’s receipt thereof from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Abraxas Petroleum Corp), Credit Agreement (Abraxas Petroleum Corp)

Termination of Plans. Promptly and in any event within two 10 Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, the Loan Parties shall provide to the Administrative Agent copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 2 contracts

Samples: Credit Agreement (Extraction Oil & Gas, LLC), Credit Agreement (Extraction Oil & Gas, LLC)

Termination of Plans. Promptly and in any event within two 10 Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, the Borrower shall provide to the Administrative Agent copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 2 contracts

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

Termination of Plans. Promptly and in any event within two 3 Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, the Credit Parties shall provide to the Lenders copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 2 contracts

Samples: Possession Credit Agreement (Carbo Ceramics Inc), Restructuring Support Agreement (Carbo Ceramics Inc)

Termination of Plans. Promptly and in any event within two Business Days after (i) receipt thereof by the Borrower from the PBGC, or (ii) the Borrower acquires knowledge of any member of the Controlled Group ERISA Affiliate’s receipt thereof from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group ERISA Affiliate of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;.

Appears in 2 contracts

Samples: Credit Agreement (TXO Partners, L.P.), Credit Agreement (MorningStar Partners, L.P.)

Termination of Plans. Promptly and in any event within two Business Days after receipt thereof by the Borrower or any member of the Controlled Group ERISA Affiliate from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group ERISA Affiliate of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 2 contracts

Samples: Credit Agreement (Mariner Energy Inc), Credit Agreement (Mariner Energy Resources, Inc.)

Termination of Plans. Promptly and in any event within two five (5) Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, the Borrower shall provide to the Administrative Agent copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 2 contracts

Samples: Credit Agreement (Pioneer Drilling Co), Credit Agreement (Pioneer Drilling Co)

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Termination of Plans. Promptly and in any event within two Business Days after the knowledge of any Responsible Officer of the Borrower of receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 2 contracts

Samples: Credit Agreement (Advance Paradigm Inc), Credit Agreement (Living Centers of America Inc)

Termination of Plans. Promptly and in any event within two five Business Days after receipt thereof by the Borrower Company or any member of the Controlled Group from the PBGC, copies of each notice received by the Borrower Company or any such member of the Controlled Group of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 1 contract

Samples: Security Agreement (McDermott International Inc)

Termination of Plans. Promptly and in any event within two -------------------- Business Days after receipt thereof by the U.S. Borrower or any member of the Controlled Group from the PBGC, copies of each notice received by the U.S. Borrower or any such member of the Controlled Group of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 1 contract

Samples: Credit Agreement (Wiser Oil Co)

Termination of Plans. Promptly and in any event within two five Business Days after receipt thereof by the Borrower or any other member of the Controlled Group from the PBGC, the Borrower shall provide to the Administrative Agent copies of each notice received by the Borrower or any such other member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan, except with respect to any Plan of XxXxxxxxxx Technologies, Inc.;

Appears in 1 contract

Samples: Credit Agreement (Rowan Companies Inc)

Termination of Plans. Promptly and in any event within two Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any Plan;.

Appears in 1 contract

Samples: Credit Agreement (Atp Oil & Gas Corp)

Termination of Plans. Promptly and in any event within two five (5) Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, the Borrower shall provide to the Administrative Agent copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 1 contract

Samples: Credit Agreement (Pioneer Energy Services Corp)

Termination of Plans. Promptly and in any event within two Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 1 contract

Samples: Credit Agreement (Delta Petroleum Corp/Co)

Termination of Plans. Promptly and in any event within two five (5) Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 1 contract

Samples: Credit Agreement (Trans Energy Inc)

Termination of Plans. Promptly and in any event within two five Business Days after the receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 1 contract

Samples: Credit Agreement (Semco Energy Inc)

Termination of Plans. Promptly and in any event within two five Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any such Plan;

Appears in 1 contract

Samples: Credit Agreement (Equity Corp International)

Termination of Plans. Promptly and in any event within two five Business Days after receipt thereof by the Borrower or any member of the Controlled Group of a notice from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group PBGC of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;, the Credit Parties shall provide to the Administrative Agent a copy of such notices.

Appears in 1 contract

Samples: Credit Agreement (Steel Excel Inc.)

Termination of Plans. Promptly and in any event within two 10 Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, the Loan Parties shall provide to the Administrative Agent copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 1 contract

Samples: Credit Agreement (Extraction Oil & Gas, Inc.)

Termination of Plans. Promptly and in any event within two ten (10) Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, the Borrower shall provide to the Administrative Agent copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;.

Appears in 1 contract

Samples: Security Agreement (Pioneer Energy Services Corp)

Termination of Plans. Promptly and in any event within two 10 Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, the Credit Parties shall provide to the Administrative Agent copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 1 contract

Samples: Security Agreement (Triangle Petroleum Corp)

Termination of Plans. Promptly and in any event within two five Business Days after receipt thereof by the Borrower or any other member of the Controlled Group from the PBGC, the Borrower shall provide to the Administrative Agent copies of each notice received by the Borrower or any such other member of the Controlled Group of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 1 contract

Samples: Credit Agreement (Rowan Companies Inc)

Termination of Plans. Promptly and in any event within two five Business Days after receipt thereof by the Borrower or any other member of the Controlled Group from the PBGC, the Borrower shall provide to the Administrative Agent copies of each notice received by the Borrower or any such other member of the Controlled Group of the PBGC’s 's intention to terminate any Plan or to have a trustee appointed to administer any Plan, except with respect to any Plan of LxXxxxxxxx Technologies, Inc.;

Appears in 1 contract

Samples: Credit Agreement (Rowan Companies Inc)

Termination of Plans. Promptly and in any event within two (2) Business Days after receipt thereof by the Borrower or any member of the Controlled Group from the PBGC, copies of each notice received by the Borrower or any such member of the Controlled Group of the PBGC’s intention to terminate any Plan or to have a trustee appointed to administer any Plan;

Appears in 1 contract

Samples: Term Loan Credit Agreement (Par Petroleum Corp/Co)

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