Common use of ERISA Compliance and Reports Clause in Contracts

ERISA Compliance and Reports. (a) Each Plan shall comply in all material respects with ERISA and the Code, except to the extent failure to comply in any instance would not have a Material Adverse Effect.

Appears in 5 contracts

Samples: Credit Agreement (Microfinancial Inc), Credit Agreement (Microfinancial Inc), Credit Agreement (Microfinancial Inc)

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ERISA Compliance and Reports. (a) Each Plan shall comply in all material respects with ERISA and the Code, except to the extent failure to comply in any instance would not have a Material Adverse Effectmaterial adverse effect on the business, financial condition or operations of the Borrower and its Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Credit Agreement (Andover Medical, Inc.)

ERISA Compliance and Reports. (ai) Each Plan shall comply in all material respects with ERISA and the Code, except to the extent failure to comply in any instance would not have a Material Adverse EffectEffect on the assets, business condition (financial or otherwise) or operations of the Borrower and its Subsidiaries taken as a whole.

Appears in 1 contract

Samples: Subordinated Security Agreement (Nexsan Corp)

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ERISA Compliance and Reports. (a) Each In the event that the Borrower or any of its ERISA Affiliates has adopted or established a Plan, such Plan shall comply in all material respects with ERISA and the Code, except to the extent failure to comply in any instance would not have a Material Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Fuelcell Energy Inc)

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