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Common use of ERISA Plans Clause in Contracts

ERISA Plans. A reportable event occurs under Section 4043(c) of ERISA, or any Plan termination (or commencement of proceedings to terminate a Plan) or the full or partial withdrawal from a Plan under Section 4041 or 4042 of ERISA occurs; provided such event or events could reasonably be expected, in the judgment of the Bank, to have a material adverse effect.

Appears in 17 contracts

Samples: Loan Agreement (Solitron Devices Inc), Loan Agreement (HireQuest, Inc.), Loan Agreement (Air T Inc)

ERISA Plans. A reportable event occurs under Section 4043(c) of ERISA, or any Plan termination (or commencement of proceedings to terminate a Plan) or the full or partial withdrawal from a Plan under Section 4041 or 4042 of ERISA occurs; provided such event or events could reasonably be expected, in the judgment of the Bank, to have a material adverse effectMaterial Adverse Effect.

Appears in 2 contracts

Samples: Loan Agreement (Lapolla Industries Inc), Credit Agreement (Nic Inc)

ERISA Plans. A reportable event occurs under Section 4043(c) of ERISA, or any Plan termination (or commencement of proceedings to terminate a Plan) or the full or partial withdrawal from a Plan under Section 4041 or 4042 of ERISA occurs; provided such event or events could reasonably be expected, in the judgment of the Bank, expected to have a material adverse effect.. Ref #: 1001754410 : - The Ontario Knife Company Standard Loan Agreement

Appears in 1 contract

Samples: Loan Agreement (Servotronics Inc /De/)

ERISA Plans. A reportable event occurs under Section 4043(c) of ERISA, or any Plan termination (or commencement of proceedings to terminate a Plan) or the full or partial withdrawal from a Plan under Section 4041 or 4042 of ERISA occurs; provided such event or events could reasonably be expected, in the judgment of the Bank, expected to have a material adverse effect.

Appears in 1 contract

Samples: Loan Agreement (Energy 11, L.P.)

ERISA Plans. A reportable event occurs under Section 4043(c) of ERISA, or any Plan termination (or commencement of proceedings to terminate a Plan) or the full or partial withdrawal from a Plan under Section 4041 or 4042 of ERISA occurs; provided such event or events could reasonably be expected, in the judgment of the Bank, expected to have a material adverse effectMaterial Adverse Effect.

Appears in 1 contract

Samples: Loan Agreement (Advanced Energy Industries Inc)

ERISA Plans. A reportable event occurs under Section 4043(c) of ERISA, or any Plan termination (or commencement of proceedings to terminate a Plan) or the full or partial withdrawal from a Plan under Section 4041 or 4042 of ERISA occurs; provided , if such event or events could reasonably be expected, in the judgment of the Bank, to have a material adverse effectMaterial Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Tejon Ranch Co)

ERISA Plans. A reportable event occurs under Section 4043(c) of ERISA, or any Plan termination (or commencement of proceedings to terminate a Plan) or the full or partial withdrawal withd rxxxx from a Plan under Section 4041 or 4042 of ERISA occurs; provided such event or events could reasonably be expected, in the judgment of the Bank, to have a material adverse effect.. Ref#: 1001553577 : - MECHANICAL TECHNOLOGY, INCORPORATED AFS Loan Agreement

Appears in 1 contract

Samples: Loan Agreement (Mechanical Technology Inc)

ERISA Plans. A reportable event occurs under Section 4043(c) 4043€ of ERISA, or any Plan termination (or commencement of proceedings to terminate a Plan) or the full or partial withdrawal from a Plan under Section 4041 or 4042 of ERISA occurs; provided such event or events could reasonably be expected, in the judgment of the Bank, to have a material adverse effect.

Appears in 1 contract

Samples: Loan Agreement (Zynex Inc)

ERISA Plans. A reportable event occurs under Section 4043(c) of ERISA, or any Plan termination (or commencement of proceedings to terminate a Plan) or the full or partial withdrawal from a Plan under Section 4041 or 4042 of ERISA occurs; provided such event or events could reasonably be expected, in the judgment of the Bank, to have a material adverse effect.

Appears in 1 contract

Samples: Loan Agreement (Servotronics Inc /De/)