No Plans Sample Clauses

No Plans. No Security Party will enter into any Plan or Foreign Plan without obtaining the previous written consent of the Agent.
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No Plans. The Borrower will not, and will not permit any other Loan Party to, enter into any contract or arrangement pursuant to which any Plan is maintained for any of its employees.
No Plans. 71 6.12 Dealings with Affiliates................................... 71 6.13 Capital Expenditures....................................... 71 6.14 Limitations on Modification of Certain Agreements and Instruments ........................................... 72 6.15 Limitation on Other Restrictions on Liens.................. 72
No Plans. No Partnership is the sponsor or administrator of or otherwise has or participates in any “Plans”, as such term is defined under the Employee Retirement Income Security Act of 1974 or any successor law, and regulations and rules issued pursuant to that Act or any successor law. Seller shall promptly notify Buyer, in writing, of any event or condition known to Seller which occurs prior to the Closing Date hereunder, which causes a change in the facts relating to, or the truth and accuracy of, any of the above representations or warranties. Within ten (10) days after receipt of such notice, Buyer shall have the right to cancel this Agreement as to any of the Interests by written notice to Seller and receive a refund of the share of the Deposit allocable to such Interest(s), whereupon this Agreement shall be null and void and of no further effect except for the provisions hereunder which expressly survive any termination of this Agreement.
No Plans. Neither the Owner nor any ERISA Affiliate shall at any time maintain a Plan or contribute to a Multiemployer Plan. Consequently, no ERISA Event has occurred or will occur while the Notes or any other Obligation remains unpaid or unsatisfied.
No Plans. (i) The Company has not established or maintained: (i) any plan, program, policy, practice, Contract or other arrangement mandated by a Governmental Body other than the United States or a State of the United States; (ii) any Company Employee Plan that is subject to any of the Legal Requirements of any jurisdiction outside of the United States; or (iii) any Company Employee Plan that covers or has covered Company Employees whose services are or have been performed primarily outside of the United States. (ii) Neither the Company nor any ERISA Affiliate has ever maintained, established, sponsored, participated in, or contributed to, any Pension Plan subject to Part 3 of Subtitle B of Title I of ERISA, Title IV of ERISA or Section 412 of the Code. (iii) Neither the Company nor any ERISA Affiliate has ever maintained, established, sponsored, participated in or contributed to any self insured plan that provides benefits to Company Employees (including any such plan pursuant to which a stop loss policy or contract applies).
No Plans. Neither Borrower nor any ERISA Affiliate (i) currently maintains, contributes to or participates in any Plan, (ii) has agreed to or is obligated to maintain, contribute to or participate in any Plan or (iii) has at any time in the past maintained, contributed to or participated in any Plan with respect to which Borrower or any ERISA Affiliate may have any liability that has not been disclosed to Lender in writing.
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No Plans. The Borrower will not, and will not cause, permit or suffer any of its Subsidiaries or any Commonly Controlled Entity to, adopt, maintain, administer (except pursuant to administration services that constitute a part of the ordinary course of the business of any Subsidiary of the Borrower or any Commonly Controlled Entity, which services are covered by liability insurance coverage customary for similar entities engaged in the plan administration services business), contribute to, or become required to contribute to any Muitiemployer Plan or any employee benefit plan subject to Title IV of ERISA, Section 412 of the Code, Section 302 of ERISA or the minimum funding requirements of ERISA or the Code or incur any liability for post-retirement medical or other welfare benefits unless this Agreement is amended, in form and substance satisfactory to the Agents and the Lenders, to insert the customary provisions with respect thereto.
No Plans. The Company does not maintain any plan, program, policy, agreement, collective bargaining agreement, or other arrangement providing for compensation, severance, deferred compensation, performance awards, stock or stock-based awards, health, dental, retirement, life insurance, death, accidental death & dismemberment, disability, fringe, or wellness benefits, or other employee benefits or remuneration of any kind, including each employment, termination, severance, retention, change in control, or consulting or independent contractor plan, program, arrangement, or agreement, in each case whether written or unwritten or otherwise, funded or unfunded, insured or self-insured, including each “employee benefit plan,” within the meaning of Section 3(3) of ERISA, whether or not subject to ERISA, which is or has been sponsored, maintained, contributed to, or required to be contributed to, by the Company or any of its Subsidiaries for the benefit of any current or former employee, independent contractor, consultant, or director of the Company or any of its Subsidiaries (each, a “Company Employee”), or with respect to which the Company or any Company ERISA Affiliate has or may have any Liability (collectively, the “Company Employee Plans”).
No Plans. The Company shall have provided Buyer with evidence reasonably satisfactory to Buyer as to the termination of Company Plans to the extent required by Section 6.12(b).
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