BRISA Affiliate definition

BRISA Affiliate means, with respect to any entity, trade, or business, any other entity, trade, or business that is a member of a group described in Section 414(b), (c), (m) or (o) of the Code or Section 4001(b)(l) of BRISA that includes the first entity, trade, or business, or that is a member of the same “controlled group” as the first entity, trade, or business pursuant to Section 4001(a)(14) of ERISA.
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Examples of BRISA Affiliate in a sentence

  • No liability to the PBGC has been or is expected by the Borrower or any BRISA Affiliate to be incurred with respect to any Plan (other than a Multiemployer Plan) by the Borrower, any Subsidiary or any BRISA Affiliate which is or would be materially adverse to the business, condition (financial or otherwise) or operations of the Borrower and its Subsidiaries taken as a whole.

  • Neither the Company nor any BRISA Affiliate maintains, contributes to or is obligated to maintain or contribute to, or has, at any time in the past six years, maintained, contributed to or been obligated to maintain or contribute to, any employee benefit plan which is subject to Title I or Title IV of BRISA or Section 4975 of the Code.

  • Neither the Borrower or any BRISA Affiliate has incurred or presently expects to incur any withdrawal liability under Title N of BRISA with respect to any Multiemployer Plan which is or would reasonably be expected to have a Material Adverse Effect.

  • Neither the Borrower or any BRISA Affiliate has incurred or presently expects to incur any withdrawal liability under Title IV of BRISA with respect to any Multiemployer Plan which is or would reasonably be expected to have a Material Adverse Effect.