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.)
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
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
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