Common use of Funding Changes and New Plan Benefits Clause in Contracts

Funding Changes and New Plan Benefits. promptly after the change, a notification of any material increases in the benefits, or material change in funding method, with respect to which the Company may have any liability, or the establishment of any material new Plan with respect to which the Company may have any liability or the commencement of contributions to any Plan to which the Company or any ERISA Affiliate was not previously contributing, except to the extent that such an event would not in the reasonable determination of the Company be expected to impair the ability of the Company to perform its payment or other material obligations under the Loan Documents;

Funding Changes and New Plan Benefits. promptly after the change, a notification of any material increases in the benefits, or material change in funding method, with respect to which the Company Borrower may have any liability, or the establishment of any material new Plan with respect to which the Company Borrower may have any liability or the commencement of contributions to any Plan to which the Company Borrower or any ERISA Affiliate was not previously contributing, except to the extent that such an event would not in the reasonable determination of the Company Borrower be expected to impair the ability of the Company Borrower to perform its payment or other material obligations under the Loan Documents;