ERISA Default. The occurrence of one or more ERISA Events that (a) would have a Material Adverse Effect, or (b) results in a Lien on any of the assets of any Company in excess of the aggregate, for all Companies, of Five Million Dollars ($5,000,000) .
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Samples: Credit Agreement (Schulman a Inc)
ERISA Default. The occurrence of one or more ERISA Events that (a) would have has a Material Adverse EffectEffect equal to five percent (5%) of Consolidated Net Worth, or (b) results in a Lien on any of the assets of any Company in excess of the aggregate, for all Companies, of Five Million Dollars ($5,000,000) Company.
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Samples: Credit Agreement (Nautilus, Inc.)
ERISA Default. The occurrence of one or more ERISA Events that (a) would have a Material Adverse Effect, or (b) results in a Lien on any of the assets of any Company in excess of the aggregate, for all Companies, of Five Million Dollars ($5,000,000) ).
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Samples: Credit Agreement (Schulman a Inc)
ERISA Default. The occurrence of one or more ERISA Events that (a) would 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 excess Company, to the extent that the aggregate of the aggregate, all such Liens for all Companies, of Companies exceeds One Million Five Million Hundred Thousand Dollars ($5,000,000) 1,500,000).
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ERISA Default. The occurrence of one or more ERISA Events that (a) would 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 excess Company, to the extent that the aggregate of the aggregate, all such Liens for all Companies, of Companies exceeds Five Million Dollars ($5,000,000) ).
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Samples: Assignment and Acceptance Agreement (Parametric Technology Corp)
ERISA Default. The occurrence of one or more ERISA Events that (a) would Lender determines could have a Material Adverse Effect, or has otherwise resulted, or could reasonably be expected to result in, liabilities or claims against any Borrower or any Controlled Group member in an amount exceeding Five Hundred Thousand Dollars ($500,000), or (b) results in a Lien on any of the assets of any Company in excess of the aggregate, for all Companies, of Five Million Dollars ($5,000,000) Company.
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ERISA Default. The occurrence of one or more ERISA Events that (a) would 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 Company, in excess of the aggregate, $50,000 for all Companies, of Five Million Dollars ($5,000,000) such Liens.
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Samples: Credit Agreement (Steris Corp)
ERISA Default. The occurrence of one or more ERISA Events that (a) would Lender determines could have a Material Adverse Effect, or (b) results in a Lien on any of the assets of any Company in excess Company, to the extent that the aggregate of the aggregate, all such Liens for all Companies, of Five Million Companies exceeds Two Hundred Fifty Thousand Dollars ($5,000,000) 250,000).
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