Common use of ERISA Liabilities Clause in Contracts

ERISA Liabilities. Any Termination Event occurs which will or is reasonably likely to subject either a Loan Party or an ERISA Affiliate to a liability which will, or is reasonably likely to have, a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Stellex Industries Inc), Credit Agreement (General Inspection Laboratories Inc), Credit Agreement (General Inspection Laboratories Inc)

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ERISA Liabilities. Any Termination Event occurs which will or is reasonably likely to subject either a Loan Party Borrower or an ERISA Affiliate to a liability which the Administrative Agent determines will, or is reasonably likely to have, a Material Adverse Effect.Effect on any Borrower or any Subsidiary; or

Appears in 3 contracts

Samples: Credit Agreement (Donna Karan International Inc), Credit Agreement (Donna Karan International Inc), Credit Agreement (Donna Karan International Inc)

ERISA Liabilities. Any Termination Event occurs which will or is reasonably likely to subject either a Loan Party the Borrower or an ERISA Affiliate to a liability which will, or is reasonably likely to have, a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Watson Pharmaceuticals Inc), Credit Agreement (Watson Pharmaceuticals Inc)

ERISA Liabilities. Any Termination Event occurs which will or is reasonably likely to subject either a Loan Party the Borrower or an ERISA Affiliate to a liability which will, or is reasonably likely to have, a Material Adverse Effectinvolve an amount in excess of $25,000,000.

Appears in 1 contract

Samples: Credit Agreement (Watson Pharmaceuticals Inc)

ERISA Liabilities. Any Termination Event occurs which will or is reasonably likely to subject either a Loan Stellex Party or an ERISA Affiliate to a liability which will, or is reasonably likely to have, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Stellex Technologies Inc)

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ERISA Liabilities. Any Termination Event occurs which will or ----------------- is reasonably likely to subject either a Loan Party the Borrower or an ERISA Affiliate to a liability which will, or is reasonably likely to have, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Watson Pharmaceuticals Inc)

ERISA Liabilities. Any ERISA Termination Event occurs which will or is reasonably likely to subject either a Loan GC Party or an ERISA Affiliate to a liability which will, or is reasonably likely to have, a Material Adverse EffectChange.

Appears in 1 contract

Samples: Master Lease Agreement (Gc Companies Inc)

ERISA Liabilities. Any Termination Event occurs which will or is reasonably likely to subject either a Loan Party ATI or an ERISA Affiliate to a liability which will, will or is reasonably likely expected to have, have a Material Adverse Effect.; or

Appears in 1 contract

Samples: Credit Agreement (Taylor Ann Stores Corp)

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