Common use of Grandparent Clause in Contracts

Grandparent. Omnipoint Corporation, a Delaware corporation, together with ----------- its successors. Guaranteed Pension Plan. Any employee pension benefit plan within the ----------------------- meaning of (S)3(2) of ERISA that is maintained or contributed to by any Loan Party or any ERISA Affiliate or that was so maintained or contributed to and in respect of which the Borrower or any ERISA Affiliate could have liability under Section 4064 or 4069 of ERISA in the event that such plan has been or were to be terminated the benefits of which are guaranteed on termination in full or in part by the PBGC pursuant to Title IV of ERISA, other than a Multiemployer Plan.

Grandparent. Omnipoint Corporation, a Delaware corporation, together with ----------- and its successors. Guaranteed Pension Plan. Any employee pension benefit plan within the ----------------------- meaning of (S)3(2Section 3(2) of ERISA that is maintained or contributed to by any Loan Party or any ERISA Affiliate or that was so maintained or contributed to and in respect of which the Borrower or any ERISA Affiliate could have liability under Section 4064 or 4069 of ERISA in the event that such plan has been or were to be terminated the benefits of which are guaranteed on termination in full or in part by the PBGC pursuant to Title IV of ERISA, other than a Multiemployer Plan.