Common use of No liability to the Pension Clause in Contracts

No liability to the Pension. Benefit Guaranty Corporation (the "PBGC") (except for routine payment of premiums) has been or is expected to be incurred with respect to any Benefit Plan that is subject to Title IV of ERISA, no reportable event within the meaning of Section 4043 of ERISA has occurred with respect to any such Benefit Plan and the PBGC has not commenced or threatened the termination of any Benefit Plan. None of the assets of CRA or any of its Subsidiaries is the subject of any Security Interest arising under Section 302(f) of ERISA or Section 412(n) of the Code, neither CRA nor any of its Subsidiaries has been required to post any security under Section 307 of ERISA or Section 401(a)(29) of the Code, and neither CRA nor any of its Subsidiaries has any knowledge of any facts which could reasonably be expected to give rise to such Security Interest or such posting of security.

Appears in 3 contracts

Samples: Merger Agreement (Anthony C R Co), Merger Agreement (Stage Stores Inc), Merger Agreement (Stage Stores Inc)

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No liability to the Pension. Benefit Guaranty Corporation (the "PBGC") (except for routine payment of premiums) has been or is expected to be incurred with respect to any Employee Benefit Plan that is subject to Title IV of ERISA, no reportable event within the meaning of Section 4043 of ERISA has occurred with respect to any such Employee Benefit Plan and the PBGC has not commenced or threatened to commence the termination of any Employee Benefit Plan. None of the assets of CRA the Company or any of its Subsidiaries is the subject of any Security Interest Encumbrance arising under Section 302(f) of ERISA or Section 412(n) of the Code, neither CRA the Company nor any of its Subsidiaries has been required to post any security under Section 307 of ERISA or of Section 401(a)(29) of the Code, and neither CRA nor none of the Company or any of its Subsidiaries has any knowledge of any facts which could reasonably be expected to give rise to such Security Interest Encumbrance or such posting of security.

Appears in 1 contract

Samples: Stock Purchase Agreement (Lee Enterprises Inc)

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No liability to the Pension. Benefit Guaranty Corporation (the "PBGC") (except for routine payment of premiums) has been or is expected to be incurred with respect to any Employee Benefit Plan that is subject to Title IV of ERISA, no reportable event within the meaning of Section 4043 of ERISA has occurred with respect to any such Employee Benefit Plan and the PBGC has not commenced or threatened the termination of any Employee Benefit Plan. None of the assets of CRA the Company or any of its Subsidiaries Subsidiary is the subject of any Security Interest Lien arising under Section 302(f) of ERISA or of Section 412(n) of the Code, neither CRA the Company nor any of its Subsidiaries Subsidiary has been required to post any security under Section 307 of ERISA or of Section 401(a)(29) of the Code, and neither CRA none of the Company nor any of its Subsidiaries Subsidiary has any knowledge of any facts which could reasonably be expected to give rise to such Security Interest Encumbrance or such posting of security.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Town Sports International Inc)

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