ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders determine could have a Material Adverse Effect, or (b) results in a Lien on any of the assets of any Company.
Appears in 19 contracts
Samples: Credit and Security Agreement (AvidXchange Holdings, Inc.), Credit and Security Agreement (AvidXchange Holdings, Inc.), Credit and Security Agreement
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders determine could reasonably be expected to have a Material Adverse Effect, or (b) results in a Lien on any of the assets of any Company.
Appears in 7 contracts
Samples: Credit and Security Agreement (Sleep Number Corp), Credit and Security Agreement (Sleep Number Corp), Credit and Security Agreement (Sleep Number Corp)
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders determine Lender determines could have a Material Adverse Effectmaterial adverse effect, or (b) results in a Lien on any of the assets of any Company.Borrower;
Appears in 7 contracts
Samples: Loan Agreement (CRM Holdings, Ltd.), Loan Agreement (CRM Holdings, Ltd.), Loan Agreement (CRM Holdings, Ltd.)
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders Banks determine could have a Material Adverse Effect, or (b) results in a Lien on any of the assets of any Company.
Appears in 6 contracts
Samples: Assignment and Acceptance Agreement (Standard Register Co), Credit and Security Agreement (MTC Technologies Inc), Credit and Security Agreement (MTC Technologies Inc)
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders determine Lender determines could have a Material Adverse Effectmaterial adverse effect, or (b) results in a Lien on any of the assets of any CompanyBorrower.
Appears in 4 contracts
Samples: Loan Agreement (Anaren Inc), Loan Agreement (Anaren Inc), Loan Agreement (Pinnacle Data Systems Inc)
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders determine could reasonably be expected to have a Material Adverse Effect, or (b) results in a Lien on any of the assets of any Company, in the aggregate for all such Liens for all Companies, in excess of One Million Dollars ($1,000,000).
Appears in 2 contracts
Samples: Credit Agreement (Applied Industrial Technologies Inc), Credit Agreement (Applied Industrial Technologies Inc)
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders determine could reasonably be expected to have a Material Adverse Effect, or (b) results in a Lien on any of the assets of any Domestic Company.
Appears in 2 contracts
Samples: Second Amendment Agreement (Universal Logistics Holdings, Inc.), Credit and Security Agreement (Universal Logistics Holdings, Inc.)
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders determine could have a Material Adverse Effect, or (b) results in a Lien on any of the material portion of the assets of any CompanyCompany (as defined in Section 5.6 hereof).
Appears in 2 contracts
Samples: Credit Agreement (Cintas Corp), Credit Agreement (Cintas Corp)
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders determine could Lender reasonably determines is likely to have a Material Adverse Effect, or (b) results in a Lien on any of the material assets of any Company.
Appears in 2 contracts
Samples: Credit and Security Agreement (JOINT Corp), Credit and Security Agreement
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders determine could have a Material Adverse Effect, or (b) results in a Lien on any of the assets of any Company.
Appears in 2 contracts
Samples: Credit Agreement (IHS Inc.), Credit Agreement (IHS Inc.)
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders determine could have a Material Adverse Effect, or (b) results in a Lien on any of the assets of any Company, in the aggregate for all such Liens for all Companies in excess of Five Hundred Thousand Dollars ($500,000).
Appears in 2 contracts
Samples: Credit Agreement (Core Molding Technologies Inc), Credit Agreement (Core Molding Technologies Inc)
ERISA Default. The occurrence of one or more ERISA Events that which (a) the Required Lenders determine could is likely to have a Material Adverse Effectmaterial adverse effect on the financial condition of the Companies when taken as a whole, or (b) results in a Lien on any of the assets of Borrower or any CompanyGuarantor of Payment.
Appears in 2 contracts
Samples: Credit Agreement (Amcast Industrial Corp), Credit Agreement (Amcast Industrial Corp)
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders determine Lender determines could have a Material Adverse Effect, or (b) results in a Lien on any of the assets of any CompanyCompany in excess of Five Hundred Thousand Dollars ($500,000).
Appears in 1 contract
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders determine could would have a Material Adverse Effect, or (b) results in a material Lien on any of the assets of any Company.
Appears in 1 contract
Samples: Assignment and Acceptance Agreement (Smucker J M Co)
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders reasonably determine could have a Material Adverse Effect, or (b) results in a Lien on any of the assets of any Company., in the aggregate for all such Liens for all Companies in excess of Two Million Dollars ($2,000,000)
Appears in 1 contract
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders determine Lender determines could have a Material Adverse Effect, or (b) results in a Lien on any of the assets of any Company.
Appears in 1 contract
Samples: Credit and Security Agreement (Colonial Commercial Corp)
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders determine could be reasonably expected to have a Material Adverse Effect, or (b) results in a Lien on any of the assets of any CompanyBorrower.
Appears in 1 contract
Samples: Loan Agreement (Mod Pac Corp)
ERISA Default. The occurrence of one or more ERISA Events that which (a) the Required Lenders determine could have a Material Adverse Effect, Effect or (b) results in a Lien on any of the assets of TCC or any CompanyDomestic Guarantor of Payment.
Appears in 1 contract
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders Lenders, in their reasonable opinion, determine could have a Material Adverse Effect, or (b) results in a material Lien on any of the assets of any Company.
Appears in 1 contract
Samples: Assignment and Acceptance Agreement (Bea Systems Inc)
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders determine could be reasonably expected to have a Material Adverse Effect, or (b) results in a Lien on any of the assets of any CompanyCompany (except for Liens expressly permitted pursuant to Section 5.9 hereof).
Appears in 1 contract
ERISA Default. The occurrence of one or more ERISA Events that (ai) the Required Lenders determine Lender determines could have a Material Adverse Effect, material adverse effect or (bii) results in a Lien on any of the assets of any Companya Loan Party.
Appears in 1 contract
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders determine Collateral Agent determines could reasonably be expected to have a Material Adverse Effect, or (b) results in a Lien on any of the assets of Borrower and/or any CompanyGuarantor.
Appears in 1 contract
Samples: Assignment and Acceptance Agreement (Sg Blocks, Inc.)
ERISA Default. The occurrence of one or more ERISA Events ------------- that (a) the Required Lenders determine could have a Material Adverse Effect, Effect or (b) results in a Lien on any of the assets of any Company.
Appears in 1 contract
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders determine could be reasonably expected to have a Material Adverse Effect, or (b) results in a Lien on any of the assets of any Company.Company (except for Liens expressly permitted pursuant to Section 5.9 hereof). 100
Appears in 1 contract
ERISA Default. The occurrence of one or more ERISA Events that which (a) the Required Lenders determine in good faith could have a Material Adverse Effect, or (b) results in a Lien on any of the assets of any Company.
Appears in 1 contract
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders determine could reasonably be expected to have a Material Adverse Effect, or (b) results in a material Lien on any of the assets of any CompanyCompany (except for any Liens expressly permitted pursuant to Section 5.9 hereof).
Appears in 1 contract
Samples: Assignment and Acceptance Agreement (Ignite Restaurant Group, Inc.)
ERISA Default. The occurrence of one or more ERISA Events that (a) the Required Lenders reasonably determine could have a Material Adverse Effect, or (b) results in a Lien on any of the assets of any Company, in the aggregate for all such Liens for all Companies in excess of One Million Dollars ($1,000,000).
Appears in 1 contract
Samples: Assignment and Acceptance Agreement (Pioneer Standard Electronics Inc)
