ERISA Reportable Events. Within 10 days after the Borrower becomes aware of the occurrence of any Reportable Event (as defined in Section 4043 of ERISA) as to which there is a reasonable possibility that it would have a material adverse effect on the condition, financial or otherwise, operations, properties, or business of the Borrower , a statement describing such Reportable Event and the actions proposed to be taken in response to such Reportable Event.
Appears in 3 contracts
Samples: Line of Credit Agreement (Commonwealth Telephone Enterprises Inc /New/), Line of Credit Agreement (Commonwealth Telephone Enterprises Inc /New/), Line of Credit Agreement (Commonwealth Telephone Enterprises Inc /New/)
ERISA Reportable Events. Within 10 days after the Borrower becomes aware of the occurrence of any Reportable Event (as defined in Section 4043 of ERISA) as with respect to which there is a reasonable possibility that it would have a material adverse effect on the condition, financial or otherwise, operations, properties, or business of the Borrower or MCTC, a statement describing such Reportable Event and the actions proposed to be taken in response to such Reportable Event.
Appears in 2 contracts
Samples: Loan Agreement (Mercury Inc), Loan Agreement (Mercury Inc)
ERISA Reportable Events. Within 10 days after the Borrower becomes aware of the occurrence of any Reportable Event (as defined in Section 4043 of ERISA) as to which there is a reasonable possibility that it would have a material adverse effect on the condition, financial or otherwise, operations, properties, or business of the Borrower Borrower, a statement describing such Reportable Event and the actions proposed to be taken in response to such Reportable Event.
Appears in 2 contracts
Samples: Line of Credit Agreement (Commonwealth Telephone Enterprises Inc /New/), Line of Credit Agreement (Commonwealth Telephone Enterprises Inc /New/)
