Common use of Employee Benefit Plans Clause in Contracts

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 127 contracts

Samples: Loan Agreement (Amphastar Pharmaceuticals, Inc.), Loan Agreement and Note (Nutech Digital Inc), Loan Agreement (R B Rubber Products Inc)

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Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i1) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii2) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii3) no steps have been taken to terminate any such plan or to appoint a trustee to administer such a plan, and (iv4) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 13 contracts

Samples: Business Loan Agreement (Elevate.Money REIT I, Inc.), Business Loan Agreement (Landmark Bancorp Inc), Business Loan Agreement (Medalist Diversified REIT, Inc.)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, and (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 10 contracts

Samples: Loan Modification Agreement (Quicklogic Corporation), Business Loan Agreement (Analytical Surveys Inc), Business Loan Agreement (Discas Inc)

Employee Benefit Plans. Each employee benefit plan as to which the Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (ia) no Reportable Event nor or Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (iib) the Borrower has not withdrawn from any such plan or initiated steps to do so, (iiic) no steps have been taken to terminate any such plan, and (ivd) there are no unfunded liabilities other than those previously disclosed to Lender the Lenders in writing.

Appears in 5 contracts

Samples: Loan Agreement (Cutter & Buck Inc), Loan Agreement (Cutter & Buck Inc), Loan Agreement (Cutter & Buck Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower Borrowers may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) neither Borrower has not withdrawn from any such plan or initiated steps to do so, and (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 4 contracts

Samples: Loan Agreement, Loan Agreement (Compressco Inc), Loan Agreement (Compressco Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event Event” nor Prohibited Transaction Transaction” (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 4 contracts

Samples: Business Loan Agreement (NANOPHASE TECHNOLOGIES Corp), Business Loan Agreement (NANOPHASE TECHNOLOGIES Corp), Business Loan Agreement (NANOPHASE TECHNOLOGIES Corp)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (ia) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (iib) Borrower has not withdrawn from any such plan or initiated steps to do so, (iiic) no steps have been taken to terminate any such plan, and (ivd) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 4 contracts

Samples: Export Loan Agreement (Fuelcell Energy Inc), Export Loan Agreement (Fuelcell Energy Inc), Export Loan Agreement (Fuelcell Energy Inc)

Employee Benefit Plans. Each employee benefit plan as to which the Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred and is continuing with respect to any such plan, (ii) the Borrower has not withdrawn from any such plan or initiated steps to do so, and (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 3 contracts

Samples: Credit Agreement (Carrizo Oil & Gas Inc), Credit Agreement (Carrizo Oil & Gas Inc), Credit Agreement (Carrizo Oil & Gas Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower Debtor may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower Debtor has not withdrawn from any such plan or initiated steps to do so, and (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 3 contracts

Samples: Loan Agreement (Tanger Factory Outlet Centers Inc), Guaranty Agreement (Tanger Factory Outlet Centers Inc), Fair Grounds Corp

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated Initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 2 contracts

Samples: Loan Agreement (Bab Holdings Inc), Loan Agreement (Bab Holdings Inc)

Employee Benefit Plans. Each employee benefit plan as to which the Borrower or Guarantor may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) the Borrower and/or Guarantor has not withdrawn from any such plan or initiated steps to do so, and (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 2 contracts

Samples: Credit Agreement (Petroquest Energy Inc), Credit Agreement (Petroquest Energy Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects aspects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated indicated steps to do so, and (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 2 contracts

Samples: Loan Agreement (Eckler Industries Inc), Loan Agreement (Chromavision Medical Systems Inc)

Employee Benefit Plans. Each To Borrower’s current and actual knowledge, each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 2 contracts

Samples: Loan Agreement, Business Loan Agreement (Basin Water, Inc.)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated plan or initiated steps to do so, and (iii) no steps have been bene taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 2 contracts

Samples: Wilmington Trust (Litronic Inc), Business Loan Agreement (Litronic Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded unfounded liabilities other than those previously disclosed to Lender in writing.

Appears in 2 contracts

Samples: Loan Agreement (NTS Properties Vi/Md), Loan Agreement (Labor Ready Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, and (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 2 contracts

Samples: Loan Agreement (Omni Energy Services Corp), Loan Agreement (Emerging Alpha Corp)

Employee Benefit Plans. Each employee benefit plan as to which the Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) the Borrower has not withdrawn from any such plan or initiated steps to do so, and (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 2 contracts

Samples: Loan Agreement (Omni Energy Services Corp), Loan Agreement (Omni Energy Services Corp)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in In all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iiilit) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Loan Agreement (Daw Technologies Inc /Ut)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i1) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii2) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii3) no steps have been taken to terminate any such plan, and (iv4) there are no unfunded liabilities other than those previously disclosed to Lender in writing.. (m)

Appears in 1 contract

Samples: Loan Agreement (Phillips R H Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in In all material respects with all el applicable requirements of law and end regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no re unfunded liabilities other than those previously disclosed to Lender in In writing.

Appears in 1 contract

Samples: Business Loan Agreement (Back Yard Burgers Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, and (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Loan Agreement (Optimumcare Corp /De/)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no i)no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower ii)Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no iii)no steps have been taken to terminate any such plan, and (iv) there iv)there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Loan Agreement (Portland Brewing Co /Or/)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated installed steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Bristol Retail Solutions Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (ia) no Reportable Event nor or Prohibited Transaction (each as defined in ERISA) has occurred with respect to any such plan, (iib) Borrower has not withdrawn from any such plan or initiated steps to do so, (iiic) no steps have been taken to terminate any such plan, and (ivd) there are no unfunded liabilities other than those previously disclosed to Lender in writingconnection with such plan.

Appears in 1 contract

Samples: Credit Agreement (CIM Real Assets & Credit Fund)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated plan or initiated steps to do so, (iii) no steps have been bene taken to terminate any such plan, and (iv) there are no not unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Litronic Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all ail material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, and (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Personal Computer Products Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such said plan or initiated steps to do so, and (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Thanksgiving Coffee Co Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material matenal respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Colonial Downs Holdings Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements Governmental Requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred and is continuing with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, and (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Credit Agreement (Black Ridge Oil & Gas, Inc.)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and plan (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Novadigm Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i( I) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Capitol Communities Corp)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISAERlSA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, and (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Sigma Designs Inc)

Employee Benefit Plans. Each employee benefit plan as to which the Borrower and/or the Guarantor may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) the Borrower has and Guarantor have not withdrawn from any such plan or initiated steps to do so, and (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Loan Agreement (LHC Group, Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (ivvi) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Loan Agreement (Bioanalytical Systems Inc)

Employee Benefit Plans. Each employee benefit plan plans as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to o any such plan, (iii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Blue Fish Clothing Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, . (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Revolving Credit Agreement (Leap Group Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Loan Agreement (Magnavision Corporation)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i1) no Reportable Event nor Prohibited Transaction (as defined in In ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii111) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Wilmington Trust Business Loan Agreement (Astropower Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower or its Subsidiaries may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no "Reportable Event Event" nor "Prohibited Transaction Transaction" (as defined in ERISA) has occurred with respect to any such plan, (ii) neither Borrower has not nor any of its Subsidiaries have withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to DIP Lender in writing.

Appears in 1 contract

Samples: Possession Loan Agreement

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (iI) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, and (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Commercial Security Agreement (Essex Corporation)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated plan or initiated steps to do so, and (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Wilmington Trust (Litronic Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined deemed in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Business Loan Agreement (U S Laboratories Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (ia) no Reportable Event nor or Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (iib) Borrower has not withdrawn from any such plan or initiated steps to do so, (iiic) no steps have been taken to terminate any such plan, and (ivd) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Revolving Loan Agreement (Fresh Choice Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, Regulations and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Loan Agreement (Reconditioned Systems Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, regulations and (i1) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Covalent Partners LLC)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (ivjv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Astropower Inc)

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Employee Benefit Plans. Each employee benefit plan as to which Borrower borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Aspec Technology Inc

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such planplans, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Loan Agreement (Regeneration Technologies Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all at applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower ii)Borrower has not withdrawn from any such plan or initiated steps to do so, (iiifit) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Change in Terms Agreement (SCC Communications Corp)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any an liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded unfounded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Key Technology Inc

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Loan Agreement (Multiple Zones International Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (ili) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Regions Bank Business Loan Agreement (Rako Capital Corp)

Employee Benefit Plans. Each employee benefit plan as to which Borrower or any Guarantor may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Par Technology Corp)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in In all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Unified Holdings Inc)

Employee Benefit Plans. Each To the best of Borrower’s knowledge, each employee benefit plan as to which Borrower may have any liability liability, complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Exactech Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from with any such plan or initiated steps to do so, (iii) no not steps have been taken to terminate any such plan, and (iv) there are no not unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Loan Agreement (Transcrypt International Inc)

Employee Benefit Plans. Each employee benefit plan as to which the Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (ia) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred and is continuing with respect to any such plan, (iib) the Borrower has not withdrawn from any such plan or initiated steps to do so, and (iiic) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Second Lien Credit Agreement (Carrizo Oil & Gas Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies compiles in all material respects with all applicable requirements of law and regulations, regulations and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, . (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Loan Agreement (Industrial Data Systems Corp)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such planPlan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Loan Agreement (U S Laboratories Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and ((i)) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated Initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Littlefield Adams & Co)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in In ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated Initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: American Fire Retardant Corp

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, . (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, . (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Loan Agreement (Concepts Direct Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies compiles in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, and (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Loan Agreement (Staar Surgical Company)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, . (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Loan Agreement (Phillips R H Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated or6fiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Pinnacle Data Systems Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no not unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Loan Agreement (Synergetics Usa Inc)

Employee Benefit Plans. Each employee benefit plan as to which such Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (ia) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (iib) such Borrower has not withdrawn from any such plan or initiated steps to do so, (iiic) no steps have been taken to terminate any such plan, and (ivd) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Export Loan Agreement (Usdata Corp)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor or Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, ; (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, ; (iii) no steps have been taken to terminate any such plan, ; and (iv) there are no unfunded unfounded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Direct Focus Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower or any other Loan Party may have any liability complies in all material respects with all applicable requirements of law and regulations, and (ia) no Reportable Event nor Prohibited Transaction reportable event or prohibited transaction (each as defined in ERISA) has occurred with respect to any such plan, (iib) neither Borrower nor any other Loan Party has not withdrawn from any such plan or initiated steps to do so, (iiic) no steps have been taken to terminate any such plan, and (ivd) there are no unfunded liabilities other than those previously disclosed to Lender in writingconnection with any such plan.

Appears in 1 contract

Samples: Revolving Credit Agreement (Acadia Realty Trust)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in In ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Loan Agreement (Credit Concepts Inc)

Employee Benefit Plans. Each employee benefit plan as to which the Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (ia) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (iib) the Borrower has not withdrawn from any such plan or initiated steps to do so, and (iiic) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Credit Agreement (Piccadilly Cafeterias Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have has any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred and is continuing with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, and (iii) to Borrower’s knowledge, no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Credit Agreement (International Shipholding Corp)

Employee Benefit Plans. Each employee benefit plan as to which any Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (ia) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (iib) no Borrower has not withdrawn from any such plan or initiated steps to do so, and (iiic) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Loan Agreement (Search Financial Services Inc)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (iI) no Reportable Event nor Prohibited Transaction (as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iiiIII) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writing.

Appears in 1 contract

Samples: Business Loan Agreement (Large Scale Biology Corp)

Employee Benefit Plans. Each employee benefit plan as to which Borrower may have any liability complies in all material respects with all applicable requirements of law and regulations, and (i) no Reportable Event nor or Prohibited Transaction (each as defined in ERISA) has occurred with respect to any such plan, (ii) Borrower has not withdrawn from any such plan or initiated steps to do so, (iii) no steps have been taken to terminate any such plan, and (iv) there are no unfunded liabilities other than those previously disclosed to Lender in writingconnection with such plan.

Appears in 1 contract

Samples: Credit Agreement (Vertical Capital Income Fund)

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