Common use of U.S. Provisions Clause in Contracts

U.S. Provisions. (A) The Borrower must not, and will procure that Bidco does not, use any Loan, directly or indirectly, for any purpose in violation of the Margin Regulations. (B) The Borrower must ensure that, in respect of Bidco and its ERISA Affiliates, no event or condition exists at any time in relation to a Plan which is reasonably likely to result in the imposition of a lien or other encumbrance on any of its assets which is reasonably likely to have a Material Adverse Effect. (C) The Borrower shall, promptly upon becoming aware of it, notify the Agent of any Reportable Event or any termination of, or withdrawal from, or circumstances reasonably likely to result in the termination of or withdrawal from, any Plan that, in each case, would reasonably be expected to have a Material Adverse Effect.