Common use of ERISA Liabilities Clause in Contracts

ERISA Liabilities. Create or suffer to exist, or permit any Restricted Subsidiary to create or suffer to exist, any ERISA Liabilities if immediately after giving effect to such ERISA Liabilities, the aggregate amount of ERISA Liabilities of the Parent and its Restricted Subsidiaries would exceed $125,000,000.

Appears in 4 contracts

Samples: Credit Agreement (Ensco PLC), Credit Agreement (Ensco PLC), Credit Agreement (Ensco PLC)

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ERISA Liabilities. Create or suffer to exist, or permit any Restricted Subsidiary to create or suffer to exist, any ERISA Liabilities if immediately after giving effect to such ERISA Liabilities, the aggregate amount of ERISA Liabilities of the Parent and its Restricted Subsidiaries would exceed $125,000,00015,000,000.

Appears in 1 contract

Samples: Credit Agreement (Ensco International Inc)

ERISA Liabilities. Create or suffer to exist, or permit any Restricted Subsidiary ERISA Affiliate to create or suffer to exist, any ERISA Liabilities if immediately after giving effect to such ERISA Liabilities, the aggregate amount of ERISA Liabilities of the Parent Borrower and its Restricted Subsidiaries would exceed $125,000,0001,000,000.

Appears in 1 contract

Samples: Credit Agreement (Petsec Energy Inc)

ERISA Liabilities. Create or suffer to exist, or permit any Restricted Subsidiary to create or suffer to exist, any ERISA Liabilities if immediately after giving effect to such ERISA Liabilities, the aggregate amount of ERISA Liabilities of the Parent and its Restricted Subsidiaries would exceed $125,000,000.15,000,000. -47-

Appears in 1 contract

Samples: Credit Agreement (Ensco PLC)

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ERISA Liabilities. Create or suffer to exist, or permit any Restricted Subsidiary to create or suffer to exist, any ERISA Liabilities if immediately after giving effect to such ERISA Liabilities, the aggregate amount of ERISA Liabilities of the Parent and its Restricted Subsidiaries would exceed $125,000,00050,000,000.

Appears in 1 contract

Samples: Credit Agreement (Ensco PLC)

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