Common use of ERISA Event, Non-U Clause in Contracts

ERISA Event, Non-U. S. Plan Event or Canadian Pension Plan Event: any ERISA Event, Non-U.S. Plan Event or Canadian Pension Plan Event shall have occurred and either (a) such event or events would reasonably be expected to have a Material Adverse Effect or (b) there shall result from any such event or events the imposition of a Lien in excess of $50,000,000 on the assets of the Parent Guarantor or any Significant Subsidiary; or

Appears in 2 contracts

Samples: Priming Facility Credit Agreement (GTT Communications, Inc.), Priming Facility Credit Agreement (GTT Communications, Inc.)

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ERISA Event, Non-U. S. Plan Event or Canadian Pension Plan Event: any ERISA Event, Non-U.S. Plan Event or Canadian Pension Plan Event shall have occurred and either (ai) such event or events would reasonably be expected to have a Material Adverse Effect or (bii) there shall result from any 133 such event or events the imposition of a Lien in excess of $50,000,000 on the assets of the Parent Guarantor U.S. Borrower or any Significant Subsidiary; or

Appears in 1 contract

Samples: Credit Agreement (GTT Communications, Inc.)

ERISA Event, Non-U. S. Plan Event or Canadian Pension Plan Event: any ERISA Event, Non-U.S. Plan Event or Canadian Pension Plan Event shall have occurred and either (ai) such event or events would reasonably be expected to have a Material Adverse Effect or (bii) there shall result from any such event or events the imposition of a Lien in excess of $50,000,000 on the assets of the Parent Guarantor U.S. Borrower or any Significant Subsidiary; or

Appears in 1 contract

Samples: Credit Agreement (GTT Communications, Inc.)

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ERISA Event, Non-U. S. Plan Event or Canadian Pension Plan Event: any ERISA Event, Non-U.S. Plan Event or Canadian Pension Plan Event shall have occurred and either (ai) such event or events would reasonably be expected to have a Material Adverse Effect or (bii) there shall result from any such event or events the imposition of a Lien in excess of $50,000,000 10,000,000 on the assets of the Parent Guarantor Borrower or any Significant Subsidiary; or;

Appears in 1 contract

Samples: Credit Agreement (GTT Communications, Inc.)

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