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: Loan and Security Agreement (Peak Resorts Inc), Loan and Security Agreement (Peak Resorts Inc), Option Agreement (Peak Resorts Inc)
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)
