Common use of Multiemployer Plan Withdrawal Liability Clause in Contracts

Multiemployer Plan Withdrawal Liability. The Borrower shall (i) once in each calendar year beginning in 1998, request a current statement of withdrawal liability from any Multiemployer Plan to which the Borrower or any ERISA Affiliate is or has been obligated to contribute during such year and (ii) within fifteen (15) days after the Borrower receives the such current statement, transmit a copy of such statement to the Agent and each Bank.

Appears in 1 contract

Samples: Credit and Security Agreement (Curtis Sub Inc)

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Multiemployer Plan Withdrawal Liability. The Borrower Representative shall (i) once in each calendar year beginning in 1998January, 2005, request a current statement of withdrawal liability from any each Multiemployer Plan to which the any Borrower or any ERISA Affiliate thereof is or has been obligated to contribute during such year and (ii) within fifteen (15) days after the such Borrower receives the such current statement, transmit a copy of such statement to the Administrative Agent and each BankLender.

Appears in 1 contract

Samples: Credit and Security Agreement (Hawk Corp)

Multiemployer Plan Withdrawal Liability. The Borrower Borrowers shall (i) once in each calendar year beginning in 19981999, request a current statement of withdrawal liability from any each Multiemployer Plan to which any of the Borrower Borrowers or any ERISA Affiliate is or has been obligated to contribute during such year and (ii) within fifteen (15) days after the Borrower receives Borrowers receive the such current statement, transmit a copy of such statement to the Agent and each BankAdministrative Agent.

Appears in 1 contract

Samples: Credit and Security Agreement (Instron Lawrence Corp)

Multiemployer Plan Withdrawal Liability. The Borrower shall (i) once in each calendar year beginning in 1998, request a current statement of withdrawal liability from any each Multiemployer Plan to which the Borrower or any ERISA Affiliate is or has been obligated to contribute during such year and (ii) within fifteen (15) days after the Borrower receives the such current statement, transmit a copy of such statement to the Agent and each BankLender.

Appears in 1 contract

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

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Multiemployer Plan Withdrawal Liability. The Borrower shall (i) once in each calendar year beginning in 19982001, request a current statement of withdrawal liability from any each Multiemployer Plan to which any of the Borrower or any ERISA Affiliate is or has been obligated to contribute during such year and (ii) within fifteen (15) days after the Borrower receives the such current statement, transmit a copy of such statement to the Administrative Agent and each BankLender.

Appears in 1 contract

Samples: Credit and Security Agreement (Olympic Steel Inc)

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