Common use of Assets as Plan Assets Clause in Contracts

Assets as Plan Assets. The Borrower shall not permit any of the assets of the Borrower to constitute, for any purpose of ERISA or Section 4975 of the Code, assets of the ESOP or any other “plan” as defined in Section 3(3) of ERISA or Section 4975 of the Code.

Appears in 3 contracts

Samples: Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Alion Science & Technology Corp)

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Assets as Plan Assets. The Borrower shall not permit any of the assets of the Borrower to constitute, for any purpose of ERISA or Section 4975 of the Code, assets of the ESOP or any other "plan" as defined in Section 3(3) of ERISA or Section 4975 of the Code.

Appears in 2 contracts

Samples: Credit Agreement (Alion Science & Technology Corp), Credit Agreement (Alion Science & Technology Corp)

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