Common use of Multiemployer Plan Withdrawal Liability Clause in Contracts

Multiemployer Plan Withdrawal Liability. Each Borrower shall (i) once in each calendar year request a current statement of withdrawal liability from each Multiemployer Plan to which any Borrower or any ERISA Affiliate is or has been obligated to contribute during such year and (ii) within fifteen (15) days after such Borrower receives such current statement, transmit a copy of such statement to the Lender.

Appears in 7 contracts

Samples: Credit Facility, Loan and Security Agreement (Peak Resorts Inc), Credit Facility, Loan and Security Agreement (Peak Resorts Inc), Restructure Agreement (Peak Resorts Inc)

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Multiemployer Plan Withdrawal Liability. Each The Borrower shall shall (i) once in each calendar year beginning 1996, request a current statement of withdrawal liability from each Multiemployer Plan to which any the Borrower or any ERISA Affiliate is or has been obligated to contribute during such year and (ii) within fifteen (15) days after such the Borrower receives the such current statement, transmit a copy of such statement to the LenderAgent and each Bank.

Appears in 2 contracts

Samples: Credit Agreement (Om Group Inc), Credit Agreement (Om Group Inc)

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Multiemployer Plan Withdrawal Liability. Each Borrower shall (i) once in each calendar year request a current statement of withdrawal liability from each Multiemployer Plan to which any Borrower or any ERISA Affiliate is or has been obligated to contribute during such year and (ii) within fifteen (15) 15 days after such Borrower receives such current statement, transmit a copy of such statement to the Lender.

Appears in 2 contracts

Samples: Master Credit and Security Agreement (Peak Resorts Inc), Master Credit and Security Agreement (Peak Resorts Inc)

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