Post-Retirement Benefits. The present value of the expected cost of post-retirement medical and insurance benefits payable by each Loan Party to its employees and former employees, as estimated by such Loan Party in accordance with procedures and assumptions deemed reasonable by the Required Lenders, does not exceed $1,000,000.
Appears in 5 contracts
Samples: Credit Agreement (USA Compression Partners, LP), Credit Agreement, Agreement (USA Compression Partners, LP)
Post-Retirement Benefits. The present value of the expected cost of post-retirement medical and insurance benefits payable by each Loan Party to its employees and former employees, as estimated by such Loan Party in accordance with procedures and assumptions deemed reasonable by the Required Lenders, does not exceed $1,000,000500,000.
Appears in 3 contracts
Samples: Credit Agreement (Action Performance Companies Inc), Credit Agreement (Newpark Resources Inc), Credit Agreement (Newpark Resources Inc)
Post-Retirement Benefits. The present value of the expected cost of post-retirement post‑retirement medical and insurance benefits payable by each the Loan Party Parties to its their employees and former employees, as estimated by such Loan Party Parties in accordance with procedures and assumptions deemed reasonable by the Required Lenders, does not exceed $1,000,00010,000,000 in the aggregate.
Appears in 2 contracts
Samples: Credit Agreement (Star Group, L.P.), Credit Agreement (Star Group, L.P.)
Post-Retirement Benefits. The present value As of the expected cost of Closing Date, the accumulated post-retirement medical and insurance benefits payable by each Loan benefit obligations of any Obligated Party to its employees and former employees, as estimated by such Loan Obligated Party in accordance with procedures and assumptions deemed reasonable by the Required Lenders, does not exceed $1,000,000500,000.
Appears in 1 contract
Samples: Credit Agreement (K2 Inc)
Post-Retirement Benefits. The present value of the expected cost of post-post retirement medical and insurance benefits payable by each the Loan Party Parties to its employees and former employees, as estimated by such Loan Party the Borrower in accordance with procedures and assumptions deemed reasonable by the Required Lenders, does not exceed $1,000,00070 million.
Appears in 1 contract
Post-Retirement Benefits. The present value of the expected cost of post-retirement medical and insurance benefits payable by each the Loan Party Parties to its their employees and former employees, as estimated by such Loan Party Parties in accordance with procedures and assumptions deemed reasonable by the Required Lenders, does not exceed $1,000,0001,000,000 in the aggregate.
Appears in 1 contract
Post-Retirement Benefits. The present value of the expected cost of post-retirement medical and insurance benefits payable by each Loan Party to its employees and former employees, as estimated by such Loan Party in accordance with procedures and assumptions deemed reasonable by the Required LendersLender, does not exceed $1,000,000100,000.
Appears in 1 contract
Samples: Credit Agreement (Magnetek Inc)
