Common use of ERISA and Pension Plans Clause in Contracts

ERISA and Pension Plans. An ERISA Event shall have occurred that, in the reasonable opinion of the Administrative Agent, when taken together with all other ERISA Events that have occurred, could reasonably be expected to result in liability of Holdings and its Subsidiaries in an aggregate amount exceeding $1,500,000 in the aggregate since the Closing Date.

Appears in 2 contracts

Samples: Credit Agreement and Guaranty (Pear Therapeutics, Inc.), Credit Agreement and Guaranty (Pear Therapeutics, Inc.)

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ERISA and Pension Plans. An ERISA Event shall have occurred that, in the reasonable opinion of the Administrative Agent, when taken together with all other ERISA Events that have occurred, could reasonably be expected to result in liability of Holdings the Borrower and its Subsidiaries in an aggregate amount exceeding $1,500,000 2,000,000 in the aggregate since the Closing Date.

Appears in 2 contracts

Samples: Credit Agreement (Oyster Point Pharma, Inc.), Credit Agreement (Oyster Point Pharma, Inc.)

ERISA and Pension Plans. An ERISA Event shall have occurred that, in the reasonable opinion of the Administrative Agent, when taken together with all other ERISA Events that have occurred, could reasonably be expected to result in liability of Holdings Parent and its Subsidiaries in an aggregate amount exceeding $1,500,000 in the aggregate since the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Xeris Biopharma Holdings, Inc.)

ERISA and Pension Plans. (i) An ERISA Event shall have occurred that, in the reasonable opinion of the Administrative Agent, when taken together with all other ERISA Events that have occurred, could reasonably be expected to result in liability of Holdings the Borrower and its Subsidiaries in an aggregate amount exceeding $1,500,000 2,500,000 for all periods until the Obligations have been indefeasibly paid in the aggregate since the Closing Datefull in cash.

Appears in 1 contract

Samples: Credit Agreement (Adma Biologics, Inc.)

ERISA and Pension Plans. An ERISA Event shall have occurred that, in the reasonable opinion determination of the Administrative Agent, when taken together with all other ERISA Events that have occurred, could reasonably be expected to result in liability of Holdings the Parent Guarantor and its Subsidiaries in an aggregate amount exceeding $1,500,000 in 1,000,000 for all periods until the aggregate since the Closing DateObligations have been satisfied.

Appears in 1 contract

Samples: Credit Agreement (Menlo Therapeutics Inc.)

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ERISA and Pension Plans. An ERISA Event shall have occurred that, in the reasonable opinion of the Administrative Agent, when taken together with all other ERISA Events that have occurred, could would reasonably be expected to result in liability of Holdings Parent and its Subsidiaries in an aggregate amount exceeding $1,500,000 the Threshold Amount in the aggregate since the Closing Restatement Date.

Appears in 1 contract

Samples: Credit Agreement (Xeris Biopharma Holdings, Inc.)

ERISA and Pension Plans. An ERISA Event shall have occurred that, in the reasonable opinion of the Administrative Agent, when taken together with all other ERISA Events that have occurred, could reasonably be expected to result in liability of Holdings the Borrower and its Subsidiaries in an aggregate amount exceeding $1,500,000 in the aggregate since the Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Thimble Point Acquisition Corp.)

ERISA and Pension Plans. An ERISA Event shall have occurred that, in the reasonable opinion determination of the Administrative Agent, when taken together with all other ERISA Events that have occurred, could reasonably be expected to result in liability of Holdings the Parent Guarantor and its Subsidiaries in an aggregate amount exceeding $1,500,000 1,000,000 for all periods until the Obligations have been indefeasibly paid in the aggregate since the Closing Datefull in cash.

Appears in 1 contract

Samples: Credit Agreement (Foamix Pharmaceuticals Ltd.)

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