Common use of ERISA Liabilities Clause in Contracts

ERISA Liabilities. The Borrower shall not, and shall cause each of its ERISA Affiliates not to, (i) permit the assets of any of their respective Plans to be less than the amount necessary to provide all accrued benefits under such Plans, or (ii) enter into any Multiemployer Plan.

Appears in 10 contracts

Samples: Loan Agreement (Advanced Communications Group Inc/De/), Loan Agreement (American Tower Systems Corp), Loan Agreement (Metrocall Inc)

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ERISA Liabilities. The Borrower shall not, and shall cause each of its ERISA Affiliates not to, (i) permit the assets of any of their respective Plans to be less than the amount necessary to provide all accrued benefits under such Plans, or (ii) enter into any Multiemployer Plan.

Appears in 8 contracts

Samples: Credit Agreement (Gray Television Inc), Credit Agreement (Gray Television Inc), Credit Agreement (Gray Television Inc)

ERISA Liabilities. The Borrower shall not, and shall cause each of its ERISA Affiliates not to, (i) permit the assets of any of their respective Employee Pension Plans to be less than the amount necessary to provide all accrued benefits under such Plans, or (ii) enter into any Multiemployer Plan.

Appears in 5 contracts

Samples: Loan Agreement (Rural Cellular Corp), Loan Agreement (Rural Cellular Corp), Loan Agreement (Rural Cellular Corp)

ERISA Liabilities. The Borrower shall not, and shall cause each of its ERISA Affiliates not to, (i) permit the assets of any of their respective Plans to be materially less than the amount necessary to provide all accrued benefits under such Plans, or (ii) enter into any Multiemployer Plan.

Appears in 5 contracts

Samples: Loan Agreement (Gray Communications Systems Inc /Ga/), Loan Agreement (Gray Television Inc), Loan Agreement (Gray Communications Systems Inc /Ga/)

ERISA Liabilities. The Borrower shall not, and shall cause each of its ERISA Affiliates Subsidiaries not to, (i) permit the assets of any of their respective Plans to be less than the amount necessary to provide all accrued benefits under such PlansPlans on an ongoing basis, or (ii) enter into any Multiemployer Plan.

Appears in 3 contracts

Samples: Loan Agreement (Western Wireless Corp), Loan Agreement (Western Wireless Corp), Loan Agreement (Western Wireless Corp)

ERISA Liabilities. The Borrower Borrowers shall not, and shall cause ----------------- each of its their ERISA Affiliates not to, (ia) permit the assets of any of their respective Plans to be less than the amount necessary to provide all accrued benefits under such Plans, or (iib) enter into any Multiemployer Plan.

Appears in 3 contracts

Samples: Loan Agreement (American Tower Corp /Ma/), Loan Agreement (American Tower Corp /Ma/), Loan Agreement (American Tower Corp /Ma/)

ERISA Liabilities. The Borrower shall not, and shall cause each of its ERISA Affiliates not to, (ia) permit the assets of any of their respective Plans to be less than the amount necessary to provide all accrued benefits under such Plans, or (iib) enter into any Multiemployer Plan.

Appears in 2 contracts

Samples: Loan Agreement (American Tower Systems Corp), Loan Agreement (American Radio Systems Corp /Ma/)

ERISA Liabilities. The Borrower shall not, and shall cause each of its ERISA Affiliates Subsidiaries not to, to (i) permit the assets of any of their respective Plans to be less than the amount necessary to provide all accrued benefits under such PlansPlans on an ongoing basis, or (ii) enter into any Multiemployer Plan.

Appears in 2 contracts

Samples: Loan Agreement (Cellnet Data Systems Inc), Loan Agreement (Cellnet Data Systems Inc)

ERISA Liabilities. The Borrower shall not, and shall cause each not permit any of its ERISA Affiliates not Subsidiaries to, (i) permit the assets of any of their respective Plans to be less than the amount necessary to provide all accrued benefits under such Plans, Plans or (ii) enter into any Multiemployer Plan.

Appears in 2 contracts

Samples: Loan Agreement (Vanguard Cellular Systems Inc), Vanguard Cellular Systems Inc

ERISA Liabilities. The Borrower Borrowers shall not, and shall cause each of its ERISA Affiliates their respective Subsidiaries not to, (i) permit the assets of any of their respective Plans to be less than the amount necessary to provide all accrued benefits under such PlansPlans on an ongoing basis, or (ii) enter into any Multiemployer Plan.

Appears in 1 contract

Samples: Credit Agreement (Voicestream Wireless Corp /De)

ERISA Liabilities. The Borrower shall not, and shall ----------------- cause each of its ERISA Affiliates not to, (i) permit the assets of any of their respective Plans to be less than the amount necessary to provide all accrued benefits under such Plans, or (ii) enter into any Multiemployer Plan.

Appears in 1 contract

Samples: Loan Agreement (Metrotrans Corp)

ERISA Liabilities. The Borrower shall not, and shall cause ----------------- each of its ERISA Affiliates not to, (ia) permit the assets of any of their respective Plans to be less than the amount necessary to provide all accrued benefits under such Plans, or (iib) enter into any Multiemployer Plan.

Appears in 1 contract

Samples: Parent Loan Agreement (American Tower Corp /Ma/)

ERISA Liabilities. The Borrower shall not, and shall cause each of its ERISA Affiliates not to, (i) permit the assets of any of their respective Plans to be less than the amount necessary to provide all accrued benefits under such Plans, Plans or (ii) enter into any Multiemployer Plan.

Appears in 1 contract

Samples: Loan Agreement (Tritel Finance Inc)

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ERISA Liabilities. The Borrower Borrowers shall not, and shall cause each of its ERISA Affiliates their Subsidiaries not to, (ia) permit the assets of any of their respective Plans to be less than the amount necessary to provide all accrued benefits under such PlansPlans on an ongoing basis, or (iib) enter into any Multiemployer Plan.

Appears in 1 contract

Samples: Credit Agreement (Gci Inc)

ERISA Liabilities. The Borrower Borrowers shall not, and shall cause each of its their ERISA Affiliates not to, (ia) permit the assets of any of their respective Plans which are required to be funded to be less than the amount necessary to provide all accrued benefits under such Plans, or (iib) enter into any Multiemployer Plan.

Appears in 1 contract

Samples: Loan Agreement (American Tower Corp /Ma/)

ERISA Liabilities. The Borrower shall not, and shall cause each of its ERISA Affiliates Subsidiaries not to, (ia) permit the assets of any of their respective Plans to be less than the amount necessary to provide all accrued benefits under such PlansPlans on an ongoing basis, or (iib) enter into any Multiemployer Plan.

Appears in 1 contract

Samples: Credit Agreement (Western Wireless Corp)

ERISA Liabilities. The Borrower shall not, and shall cause each of its ERISA Affiliates Subsidiaries not to, (i) permit the assets of any of their respective Plans to be less than the amount necessary to provide all accrued benefits under such Plans, except to the extent permitted under Applicable Law, or (ii) enter into any Multiemployer Plan.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (State Communications Inc)

ERISA Liabilities. The Borrower shall not, and shall cause each of its ERISA Affiliates not to, (i) permit the assets of any of their respective its Plans to be less than the amount necessary to provide all accrued benefits under such Plans. The Borrower shall not without the prior written consent of the Majority Lenders, or (ii) enter into become a participant in any Multiemployer Plan.

Appears in 1 contract

Samples: Pledge Agreement (Bresnan Capital Corp)

ERISA Liabilities. The Borrower shall not, and shall ----------------- cause each of its ERISA Affiliates not to, (i) permit the assets of any of their respective Plans to be less than the amount necessary to provide all accrued benefits under such Plans, or (ii) enter into Plans to the extent that any Multiemployer Plansuch failure to maintain sufficient assets could reasonably be expected to result in a Materially Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Teleport Communications Group Inc)

ERISA Liabilities. The Borrower shall not, and shall cause each of its ERISA Affiliates not to, (i) permit the assets of any of their respective Plans to be less than the amount necessary to provide all accrued benefits under such Plans, or (ii) enter into Plans to the extent that any Multiemployer Plansuch failure to maintain sufficient assets could reasonably be expected to result in a Materially Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Associated Group Inc)

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