Common use of Multiemployer Plan Withdrawal Liability Clause in Contracts

Multiemployer Plan Withdrawal Liability. The Borrower Representative shall (i) once in each calendar year beginning in January, 2005, request a current statement of withdrawal liability from each Multiemployer Plan to which any Borrower or any ERISA Affiliate thereof 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 Administrative Agent and each Lender.

Appears in 1 contract

Samples: Credit and Security Agreement (Hawk Corp)

AutoNDA by SimpleDocs

Multiemployer Plan Withdrawal Liability. The Borrower Representative shall (i) once in each calendar year beginning in January, 20051998, request a current statement of withdrawal liability from each any Multiemployer Plan to which any the Borrower or any ERISA Affiliate thereof 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 Administrative Agent and each LenderBank.

Appears in 1 contract

Samples: Credit and Security Agreement (Curtis Sub Inc)

Multiemployer Plan Withdrawal Liability. The Borrower Representative Borrowers shall (i) once in each calendar year beginning in January, 20051999, request a current statement of withdrawal liability from each Multiemployer Plan to which any Borrower of the Borrowers or any ERISA Affiliate thereof is or has been obligated to contribute during such year and (ii) within fifteen (15) days after such Borrower receives the Borrowers receive the such current statement, transmit a copy of such statement to the Administrative Agent and each LenderAgent.

Appears in 1 contract

Samples: Credit and Security Agreement (Instron Lawrence Corp)

Multiemployer Plan Withdrawal Liability. The Borrower Representative shall (i) once in each calendar year beginning in January, 20052001, request a current statement of withdrawal liability from each Multiemployer Plan to which any of the Borrower or any ERISA Affiliate thereof is or has been obligated to contribute during such year and (ii) within fifteen (15) days after such the Borrower receives such current statement, transmit a copy of such statement to the Administrative Agent and each Lender.

Appears in 1 contract

Samples: Credit and Security Agreement (Olympic Steel Inc)

AutoNDA by SimpleDocs

Multiemployer Plan Withdrawal Liability. The Borrower Representative shall (i) once in each calendar year beginning in January, 20051998, request a current statement of withdrawal liability from each Multiemployer Plan to which any the Borrower or any ERISA Affiliate thereof 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 Administrative Agent and each Lender.

Appears in 1 contract

Samples: Credit and Security Agreement (Diy Home Warehouse Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!