Common use of Favorable Determination Letters Clause in Contracts

Favorable Determination Letters. Each Plan, which is intended to be qualified within the meaning of Section 401(a) of the Code, has received a favorable determination letter from the Internal Revenue Service with respect to all plan document qualification requirements for which the remedial amendment period under Section 401(b) of the Code has closed, any plan document amendments required by such determination letter were made as and when required by such determination letter, and nothing has occurred, whether by action or failure to act, since the date of such letter which would prevent any such plan from remaining so qualified.

Favorable Determination Letters. Each PlanPlan as most recently amended, which is intended to be qualified within the meaning of Section 401(a) 401 of the Code, has received Code is the subject of a favorable determination letter from by the Internal Revenue Service with respect to all plan document its qualification requirements for which the remedial amendment period under Section 401(b401(a) of the Code has closedCode, any plan document amendments required by such determination letter were made as and when required by such determination letterand, and to the knowledge of the Borrower, nothing has occurred, whether by action or failure to act, since the date of such letter letter, which would prevent any adversely affect the qualified status of such plan from remaining so qualifiedPlan.

Favorable Determination Letters. Each Plan, which is intended to be qualified within the meaning of Section 401(a) of the Code, has received a favorable determination letter from the Internal Revenue Service with respect to all plan document qualification requirements for which the remedial amendment period under Section 401(b) of the Code has closed, any plan document amendments required by such determination letter were made as and when required by such determination letterIRS, and nothing has occurred, whether by action or failure to act, since the date of such letter which would prevent any such plan from remaining so qualified.