No Deficiency Accumulation. It is not aware of any outstanding “accumulated funding deficiency” (as such term is defined under ERISA and the Code) with respect to any “employee benefit plan” (as such term is defined under ERISA) sponsored by it.
Appears in 5 contracts
Samples: Transfer Agreement (Silverleaf Resorts Inc), Transfer Agreement (Silverleaf Resorts Inc), Loan Sale Agreement (Silverleaf Resorts Inc)
No Deficiency Accumulation. It The Servicer is not aware of any outstanding “accumulated funding deficiency” (as such term is defined under ERISA and the Code) with respect to any “employee benefit plan” (as such term is defined under ERISA) sponsored by it.
Appears in 1 contract
No Deficiency Accumulation. It is not aware of any has no outstanding “"accumulated funding deficiency” " (as such term is defined under ERISA and the Code) with respect to any “"employee benefit plan” " (as such term is defined under ERISA) sponsored by it.
Appears in 1 contract
Samples: Purchase and Contribution Agreement (Bluegreen Corp)
No Deficiency Accumulation. It The Servicer is not aware of any outstanding “"accumulated funding deficiency” " (as such term is defined under ERISA and the Code) with respect to any “"employee benefit plan” " (as such term is defined under ERISA) sponsored by it.
Appears in 1 contract
Samples: Sale and Servicing Agreement (Silverleaf Resorts Inc)