Common use of No Retiree Benefits Clause in Contracts

No Retiree Benefits. Except as required under Section 4980B of the Internal Revenue Code, Section 601 of ERISA or applicable state law, Borrower is not obligated to provide post-retirement medical or insurance benefits with respect to employees.

Appears in 2 contracts

Samples: Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.), Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.)

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No Retiree Benefits. Except as required under Section 4980B of the Internal Revenue Code, Section 601 of ERISA or applicable state law, neither any of the Borrowers nor, if applicable, any Subsidiary of any Borrower is not obligated to provide post-retirement medical or insurance benefits with respect to employees or former employees.

Appears in 2 contracts

Samples: Warehousing Credit, Term Loan and Security Agreement (American Home Mortgage Investment Corp), Warehousing Credit, Term Loan and Security Agreement (American Home Mortgage Investment Corp)

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 any Subsidiary of Borrower is not obligated to provide post-retirement medical or insurance benefits with respect to employees or former employees.

Appears in 2 contracts

Samples: Mortgage Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.), Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.)

No Retiree Benefits. Except as required under Section 4980B of the Internal Revenue Code, Section 601 of ERISA or applicable state law, Borrower is not 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 (Walker & Dunlop, Inc.), Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.)

No Retiree Benefits. Except as required under Section 4980B of the Internal Revenue Code, Section 601 of ERISA or applicable state law, no Borrower or any Subsidiary of any Borrower is not 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 (Lennar Corp /New/), Warehousing Credit and Security Agreement (Lennar Corp /New/)

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 any Subsidiary of either Borrower is not obligated to provide post-retirement medical or insurance benefits with respect to employees or former employees.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Walker & Dunlop, Inc.)

No Retiree Benefits. Except as required under Section 4980B of the Internal Revenue Code, Section 601 of ERISA or applicable state law, no Borrower nor, if applicable, any of its respective Subsidiary is not obligated to provide post-retirement medical or insurance benefits with respect to employees or former employees.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Lennar Corp /New/)

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No Retiree Benefits. Except as required under Section 4980B of the Internal Revenue Code, Section 601 of ERISA or applicable state law, the Borrower is not obligated to provide post-retirement medical or insurance benefits with respect to employees or former employees.

Appears in 1 contract

Samples: Credit and Security Agreement (Walker & Dunlop, Inc.)

No Retiree Benefits. Except as required under Section 4980B of the Internal Revenue Code, Section 601 of ERISA or applicable state law, Borrower neither Borrower, or, if applicable, any of its Subsidiaries, is not obligated to provide post-retirement medical or insurance benefits with respect to employees or former employees.

Appears in 1 contract

Samples: Revolving Bridge Loan and Security Agreement (Arbor Realty Trust Inc)

No Retiree Benefits. Except as required under Section 4980B of the Internal Revenue Code, Section 601 of ERISA or applicable state law, no Borrower nor, if applicable, any Subsidiary, is not obligated to provide post-retirement medical or insurance benefits with respect to employees or former employees.

Appears in 1 contract

Samples: Warehousing Credit and Security Agreement (Lennar Corp /New/)

No Retiree Benefits. Except as required under Section 4980B of the Internal Revenue Code, Section 601 of ERISA or applicable state law, neither such Borrower nor, if applicable, any Subsidiary of such Borrower is not obligated to provide post-retirement medical or insurance benefits with respect to employees or former employees.

Appears in 1 contract

Samples: Loan and Security Agreement (Centerline Holding Co)

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