No Retiree Benefits. Except as required under Section 4980B of the Internal Revenue Code, Section 601 of ERISA or applicable state law, neither Borrower nor, if applicable, any Subsidiary is obligated to provide post-retirement medical or insurance benefits with respect to employees or former employees.
Appears in 19 contracts
Samples: Warehousing Credit and Security Agreement (Homebanc Corp), Warehousing Credit and Security Agreement (First NLC Financial Services Inc), Warehousing Credit and Security Agreement (Mortgageit Holdings Inc)
No Retiree Benefits. Except as required under Section 4980B of the Internal Revenue Code, Section 601 of ERISA or applicable state law, neither Borrower nor, if applicable, nor any Subsidiary is obligated to provide post-retirement medical or insurance benefits with respect to employees or former employees.
Appears in 2 contracts
Samples: Warehousing Credit and Security Agreement (MortgageIT Holdings, Inc.), Warehousing Credit and Security Agreement (MortgageIT Holdings, Inc.)
