Common use of No ERISA Liability Clause in Contracts

No ERISA Liability. Borrower has no knowledge of the occurrence of any event with respect to any ERISA Plan which could result in a liability of any Obligated Person to the Pension Benefit Guaranty Corporation, other than the payment of premiums (but no late payment charge) pursuant to Section 4007 of ERISA.

Appears in 3 contracts

Samples: Credit Agreement (St Mary Land & Exploration Co), Credit Agreement (St Mary Land & Exploration Co), Credit Agreement (St Mary Land & Exploration Co)

AutoNDA by SimpleDocs

No ERISA Liability. Borrower has The Borrowers have no knowledge of the occurrence of any event with respect to any ERISA Plan which could result in a liability of any Obligated Person the Borrowers to the Pension Benefit Guaranty Corporation, other than the payment of premiums (but no late payment charge) pursuant to Section 4007 of ERISA.

Appears in 1 contract

Samples: Credit Agreement (Carbon Energy Corp)

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