Common use of ERISA Termination Event Clause in Contracts

ERISA Termination Event. As soon as possible, and in any event within thirty (30) days after a Responsible Official of Borrower or the REIT knows that a Termination Event has occurred, a written statement of the chief financial officer of the REIT describing such Termination Event and the action, if any, which Borrower, the REIT or any ERISA Affiliate of any of them has taken, is taking or proposes to take, with respect thereto, and, when known, any action taken or threatened by the IRS, the DOL or the PBGC with respect thereto.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Arden Realty Inc), Credit Agreement (Arden Realty Inc), Credit Agreement (Arden Realty Inc)

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ERISA Termination Event. As soon as possible, and in any event within thirty (30) days after a Responsible Official of Borrower or the REIT knows that a Termination Event has occurred, a written statement of the chief financial officer a Responsible Official of the REIT describing such Termination Event and the action, if any, which Borrower, the REIT or any ERISA Affiliate of any of them has taken, is taking or proposes to take, with respect thereto, and, when known, any action taken or threatened by the IRS, the DOL or the PBGC with respect thereto.

Appears in 4 contracts

Samples: Term Loan Agreement (Arden Realty Limited Partnership), Credit Agreement (Arden Realty Inc), Revolving Credit Agreement (Arden Realty Limited Partnership)

ERISA Termination Event. As soon as possible, and in any event within thirty (30) days after a Responsible Official of Borrower or the REIT knows that a Termination Event has occurred, a written statement of the chief financial officer of the REIT Borrower describing such Termination Event and the action, if any, which Borrower, the REIT Borrower or any ERISA Affiliate of any of them Borrower has taken, is taking or proposes to take, with respect thereto, and, when known, any action taken or threatened by the IRS, the DOL or the PBGC with respect thereto.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Price Enterprises Inc), Revolving Credit Agreement (Price Enterprises Inc)

ERISA Termination Event. As soon as possible, and in any event within thirty (30) days after a Responsible Official of Borrower knows or the REIT knows has reason to know that a Termination Event has occurred, a written statement of the chief financial officer of the REIT Borrower describing such Termination Event and the action, if any, which Borrower, the REIT or any ERISA Affiliate of any of them Borrower, has taken, is taking or proposes to take, with respect thereto, and, when known, any action taken or threatened by the IRS, the DOL or the PBGC with respect thereto.

Appears in 1 contract

Samples: Credit Agreement (Pacific Gulf Properties Inc)

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ERISA Termination Event. As soon as possible, and in any event within thirty (30) days after a Responsible Official of the Borrower or the REIT any ERISA Affiliate knows that a Termination Event has occurred, a written statement of the chief financial officer of the REIT Borrower describing such Termination Event and the action, if any, which Borrower, the REIT Borrower or any ERISA Affiliate of any of them has taken, is taking or proposes to take, with respect thereto, and, when known, any action taken or threatened by the IRS, the DOL or the PBGC with respect thereto.

Appears in 1 contract

Samples: Credit Agreement (Uni Invest Usa LTD)

ERISA Termination Event. As soon as possible, and in any event within thirty (30) days after a Responsible Official of Borrower knows or the REIT knows has reason to know that a Termination Event has occurred, a written statement of the chief financial officer of the REIT Borrower describing such Termination Event and the action, if any, which Borrower, the REIT Borrower or any ERISA Affiliate of any of them has taken, is taking or proposes to take, with respect thereto, and, when known, any action taken or threatened by the IRS, the DOL or the PBGC with respect thereto.

Appears in 1 contract

Samples: Credit Agreement (Excel Realty Trust Inc)

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