Governmental Plan. No Primary Borrower Party is or will be a "governmental plan" within the meaning of Section 3(32) of ERISA and transactions by or with the Borrowers are not and will not be subject to state statutes applicable to the Borrowers' regulating investments of and fiduciary obligations with obligations with respect to governmental plans.
Appears in 12 contracts
Samples: Loan and Security Agreement (Lodgian Inc), Loan and Security Agreement (Lodgian Inc), Loan and Security Agreement (Lodgian Inc)
Governmental Plan. No Primary Borrower Party is or will be a "governmental plan" within the meaning of Section 3(32) of ERISA and transactions by or with the Borrowers are not and will not be subject to state statutes applicable to the Borrowers' regulating investments of and fiduciary obligations with obligations with respect to governmental plans.
Appears in 4 contracts
Samples: Loan and Security Agreement (Global Signal Inc), Loan and Security Agreement (Global Signal Inc), Loan and Security Agreement (Global Signal Inc)
Governmental Plan. No Primary Borrower Loan Party is or will be a "βgovernmental plan" β within the meaning of Section 3(32) of ERISA and transactions by or with the Borrowers such Loan Party are not and will not be subject to state statutes applicable to the Borrowers' such Loan Party regulating investments of and fiduciary obligations with obligations with respect to governmental plans.
Appears in 2 contracts
Samples: Loan Agreement (Prime Group Realty Trust), Loan Agreement (Prime Group Realty Trust)
Governmental Plan. No Primary Borrower Party is or will be a "governmental plan" within the meaning of Section 3(32) of ERISA and transactions by or with the Borrowers are not and will not be subject to state statutes applicable to the Borrowers' regulating investments of and fiduciary obligations with obligations with respect to governmental plans............................................................................. 46 SECTION 4.27
Appears in 1 contract
Governmental Plan. No Primary Borrower Loan Party is or will be a "governmental plan" within the meaning of Section 3(32) of ERISA and transactions by or with the Borrowers such Loan Party are not and will not be subject to state statutes applicable to the Borrowers' such Loan Party regulating investments of and fiduciary obligations with obligations with respect to governmental plans.
Appears in 1 contract
